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Silver at $76/Oz (Rs 150000)? Yes.. Before That It will Touch $17
Yes, but before that it will go to $17 (Rs 40000). Here is the technical reasoning for the same. The A wave of down trend started from $50 and finished at $26. Corrective wave B, started from 26 and...
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NIFTY @ 5850: Be Cautious At These Levels.
Last time the target for NIFTY was set at 5720 but due to short squeeze it hit 5900 level. At higher level it has made a bearish engulfing pattern on daily candle stick chart (see Chart 1). 4 DMA at...
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SP500 Futures (1704): Bearish Set-Up Appears
Like all markets S&P500 has reacted favorably to the postponement of tapering by fed. The joy for bulls lasted only for a day and S&P gave up all its gains in the very next session. The prime...
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NIFTY 5833: Downtrend To Continue But S&P500 Suggests A Deeper Cut.
September 29, 2013 The NIFTY touched a high of 6142 recently and is in downtrend since then. The NIFTY 4DMA (5884) has now cut the 10DMA (5910) from above which is a sign of downtrend to continue. On...
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S&P500 (1805) – Is it a bubble?
As S&P500 is mother of all world indices it is necessary to have a look at it. It has hit all time highs 40 times in this uptrend. Fed has mounted a tiger and it finds difficult to get off. Someday...
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