After moving near 52-week high, Nifty was unable to find strength to break those levels. Hence we saw a declining move in markets since last week. As per our analysis we see nifty to approach 5742 level soon, may be in next week (22-Nov-2010). The 5742 level will act as a strong support, nifty wont go below this level. Our Analysis for Nifty Future Trading (22-Nov-2010): Buy Nifty Future near ... [Continue Reading]
GBP/JPY for Short Term: Sell GBP/JPY Below 133.05
Our short term trading analysis on GBP/JPY, we recommend short GBP/JPY Below 133.05 for target of 132.05 and 131.65 keep stoploss above 133.35. Why to go Short: This pair is still trading below its 50 DMA on Daily chart. 133.85 is a strong resistance level and the pair is likely to stay below this level. So trend should stay bearish for short term (for 2 weeks). ... [Continue Reading]
Gold Trading Analysis for 16 Nov 2010, Sell below 1365
As per our analysis, SHORT positions in GOLD below 1366 levels with targets as 1351 & 1337. Stoploss must be placed above 1372. Why to go Short: The price is on the downside challenging the 20 days moving average. RSI lacks upward momentum, which restricts upside. Trend: Short term: Limited upside; Medium Term: Bullish ... [Continue Reading]
Eur/Usd Intraday Analysis: Short EUR/USD Below 1.3650
Our trading analysis on EUR/USD, we recommend sell EUR/USD Below 1.3650 for target of 1.3595 and 1.3570 keep stoploss above 1.3666. Why to go Short: We see this pair has formed a bearish channel on its 30 min chart. Also it is still trading below its 20 DMA (Days Moving Average). Trend should stay bearish for today (16-November-2010). ... [Continue Reading]
Nifty Trading Levels For 17-Nov-2010
We may see Nifty to trade lower in range of 5943 to 6033, we suggest you to enter a buy position, as this is only opportunity to buy the bluechip stocks. But be cautious as Nifty has broken below its 50DMA and is more likely to witness 5945 levels. Trade cautiously, as markets may witness huge volatility. Nifty Trading Levels: Resistance : 6033 / 6064 Support : 5987 / 5943 Our Trading Outlook: ... [Continue Reading]
- « Previous Page
- 1
- …
- 154
- 155
- 156
- 157
- 158
- …
- 167
- Next Page »