Saturday, June 6, 2009

TAME (Technical Analysis Made Easy) | NSE

NSE is pleased to launch a new technical analysis tool for members - TAME (Technical Analysis Made Easy).

TAME can provide a variety of different charts, indicators and overlays. The simple and easy user interface provides users the flexibility to customize, view and analyze charts and indicators. To begin with TAME will be available for currency contracts. The features available with TAME are annexed herewith as Annexure 1.

To use TAME, members can click the link to TAME from NSE website and login with the NEAT user ID and Password assigned to them in any segment (Cash / F&O / Currency Derivatives). Members may further note that any changes made during the day, to NEAT User IDs and passwords on the trading system shall take effect on TAME only after 5:00 pm.

TAME will be available on NSE website www.nseindia.com from Monday June 8, 2009.

For any technical clarifications, members are advised to contact the following official:
Mr. Subrath Shetty on 26598292.

For any operational clarifications, members are advised to contact the following officials:
Mr. Vikramaditya Delima / Mr. Vikas Mishra on 26598131 or Mr. Arvind Goyal on 26598164.
- Source NSE India


Features of TAME includes:

Charting
· OHLC Charts
· Candlestick charts
· Line charts
Technical Indicators and overlays
· Simple moving average (SMA)
· Exponential moving average (EMA)
· Bollinger bands (BB)
· Fibonacci retracement
· Full Stochastic Oscillator
· Money Flow Index (MFI)
· Moving Average Convergence Divergence (MACD)
· Parabolic SAR (PSAR)
· Pivot Points (PP)
· Relative Strength Index (RSI)
· Rate of Change (ROC)
· William's %R

Market outlook

Market Outlook:
Stocks in the US inched higher on Thursday as investors accepted positive report on week on week Jobless claims ahead of the Monthly Jobs report due today. Jobless claims in US fell by 4,000 while Continuing claims fell to 6.73 Mln. Key averages in Asia are trading in the green today, led by banking and commodity stocks as metals and crude oil price surged in the international markets.
Domestic markets are expected to open positively, following their Asian counterparts. Nifty is expected to open above the much awaited 4600 level and can target the first Resistance at 4620. The Critical Support level for Nifty is seen at 4574 and if it stays above this, positive momentum can continue towards 4677 level. Below 4574 Strong Support comes at 4548.