Technical analysis is a science of forecasting the price of stock/index/commodities based on price and volumes data. Technical analysis is practiced in two main categories Charts Patterns Technical Indicators Chart Patterns — A chart pattern is a pattern that is formed within a chart when prices are graphed. In stock and commodity markets trading, chart… Read More »
Gold Hourly Chart Gold 4 Hour chart with Fibo regression channels,is shown Gold is trading between conflunce of Fibo channels, with stif resistane at 13 ema low shown in red line. Gold will show wild moves today as US job data will be announced Bad data means more easing and gold can see a rise… Read More »
As per readers request discussing the USD INR technical analysis and Intraday trading levels. USD INR 4 Hour Chart USD INR 4 hour chart is trading in a perfect symmetrical triangle , volatility has almost died signalling the advent of big move in round the corner. USD INR Daily Chart Breakout on daily… Read More »
This article will help newbie traders in understanding the difference in premium and discount in Nifty Futures and how to use them in trading. Nifty Futures is a financial instrument in which futures contracts are done on the basis of CNX Nifty index which is the benchmark of NSE. Nifty Futures keep moving in Premium… Read More »
The EUR/USD pair made high of 1.36 on 1 feb and has been falling mode with Cyprus Bailout and overall economic deterioration of EU countries, However, we are reaching a fairly noisy area below, and we think the 1.28 level should continue to be a “bottom” to the market for the time being. We have… Read More »
It appears the ‘deal’ to default/restructure the banks has been designed to bypass the need for parliamentary votes, since it is theoretically not a tax. While we have little color on what kind of carnage the President of Cyprus had to accept to his fellow countrymen, the news is that : *CYPRUS, TROIKA REACH AGREEMENT… Read More »
Introduction It has been said many times before that the world of politics is an area of unanticipated irony. Not so long ago, a population of dreamy-eyed hopefuls stood in front of a President-elect and wanted to believe in the practical and prudent ways that were laid out so seemingly trouble-free. From where we stand today,… Read More »
Reliance Capital Reliance Capital high beta share is falling like 9 pins. Stock made a high of 508 and is down almost down 200 rs in matter of 3 months. ADAG stock having overlevergaed balance sheet and market is punishing all such stocks. Stock is near to very crucial support zone 310,breaking the same will… Read More »
Cyprus is an island country in the Eastern Mediterranean Sea. Cyprus is the third largest island in the Mediterranean Sea, and a member state of the European Union. With talk of another bailout to Cyprus has caused jitters in world financial market when most of them were trading at new highs. Let me explain why… Read More »
This is Insane, People loosing 7-10% of capital on Life saving with just one executive decision by Cyprus Government …..Cash machines on the island have already been reprogrammed to print out a warning of the so-called “stability levy” which will see 6.75 per cent extracted by the Cypriot government from every bank account on the… Read More »