ARANCA Launches India Technical Analysis Daily Newsletter

Published on 10 Aug, 2010

Put together by expert technical analysts, the Aranca India Technical Analysis Daily will track movements on CNX 100 and NIFTY

New York: August 10, 2010 – Aranca, a global provider of end-to-end investment research, business research, valuation services and intellectual property research, has launched a comprehensive Aranca India Technical Analysis Daily on NIFTY for the Indian market. While the newsletter is available for free, the users are required to register once to access it on Aranca website.

“After looking at a variety of technical daily reports available on no cost basis, we found acute lack of a report that is comprehensive and covers CNX 100 and the entire NIFTY universe, and presents important ratios. We are delighted to present this to our subscribers,” said Hemendra Aran, CEO, Aranca.

The Aranca India Technical Analysis Daily presents the CNX 100 and NIFTY index movements of the previous day along with the outlook for the next trading session. Among the key features of the daily are, list of companies closest to resistance, closest to support, those with highest and lowest RSI, highest/lowest MFI, highest/lowest MACD and companies with highest and lowest ADX. In addition, the Daily also lists the entire NIFTY universe with these ratios. There are a range of technical charts indicating momentum. Every day, the Daily features two trading ideas derived on the basis of their performance and momentum on NIFTY.

“Given that we work with the best of broker firms, banks and other financial institutions across the world, we are able to combine our rigourous analytical approach and easy-to-use packaging style to offer traders of NIFTY, an indispensable source of insight,” said Madhusudan Rajagopalan, Director, Aranca India Operations.

To download your copy of the Aranca India Technical Analysis Daily, please visit http://www.aranca.com/subscribe.aspx. The Daily is available free of cost for a limited period of time.


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