Click on Image to Enlarge
HDFC has Formed Double Bottom @1200.Positions can be take @1200 For a tgt of 1250-1300 in short term SL of 1180 should be maitained
If you’re a self-professed “Goldbug,” feel free to read no further.Or at least spare me your hate mail. Because no matter what I saytoday, I know you’ll cry foul… or something much more colorful. But for those of you with an open mind – especially after my lastthree contrarian predictions proved dead accurate, read on.… Read More »
HI All First of all i would thanks AR for Slum dog Millionaire Fame and the first India to win 2 oscars Now on markets Nifty is week Below 2660 as shown in charts below and in this exipry week i see nifty in the range from 2720-2860.All asin and Europe are in green on… Read More »
The Dow’s long tail and strong volume Friday indicate buying support. Expect a test of the new resistance level at 7500. Respect would confirm the bear trend, while penetration of 7500 would warn of a possible bear trap.
Click on the Image to Enlarge 2720 was held on closing basis Now expiry should happen in the range 2750-2860. Dow has also shown a Good Buying on Volumes which can see back to 7500 Levels
A 2 year chart of the Euro/Dollar is shown on Right Side. Notice how it deteriorated since last August. This morning, it was falling and is now $3 away from its recent low. A break below the $123.27 low would be have a very bad prognosis for Europe, its banking system, and its economy.
Nifty has broken out of ascending Triangle Range Now Support comes at 2733 2696 so get ready for another Volatile session tomorrow SCO is at 10 so keep booking ur shorts and wait for confirmation to buy Longs If 2720 Breaks Fall is accelerated2600 Puts up 300% more to come RIL has support at 1248… Read More »
The markets are down, which is not so good. Oil prices are down which is good. The rupee vis-s-vis the US dollar is better which is also good. Inflation is down, which is excellent. Economic growth is down, which cannot be helped. But gold is scaling new highs everyday, now that is a real shocker!… Read More »
Download Click on the LInk to Download the PPT. A Must Read For all Traders