My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 8, 2013
NIFTY Chart analysis
Nifty daily chart shows price pausing near 50% Fib level and 50 Day SMA. These levels must be crossed for the next target which is the Golden ratio(61.8%).
5 Week High EMA at 5924 is also a crucial area to cross for increasing bullish momentum in weekly chart.
THANK U VERY MUCH SAN FOR YR GUIDANCE. I AM EXPECTING EARLIER RESISTANCE OF 100.4$ NOW AS SUPPORT THEN MY PRICE MAY COME.KIND OF YOU. REGARDS, V.RAMESH
DEAR SIR
ReplyDeleteGOOD MORNING.
YOUR CHARTS ARE IMPORTANT FOR ALL
THANKS
DEAR SAN I AM SHORT IN CRUDE FROM 6085. SHALL I WAIT TO COVER OR BOOK LOSS. PLEASE GUIDE ME .
ReplyDeleteRam
ReplyDeleteI am expecting some correction in International Oil prices this week.
If USDINR Too starts to fall or correct you may get your rates this week.
I am not following Indian crude prices for some time now. So its tough to give levels.
THANK U VERY MUCH SAN FOR YR GUIDANCE. I AM EXPECTING EARLIER RESISTANCE OF 100.4$ NOW AS SUPPORT THEN MY PRICE MAY COME.KIND OF YOU.
ReplyDeleteREGARDS,
V.RAMESH