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Gold and Silver monthly historical charts are shown with 200MA. Both Gold and Silver had crossed the 200MA during mid of 2013. It is almost 10 years now (i.e 120 months approximately). Now the question comes to my mind is will the Biggest ever mean reversion happens in Gold and Silver?
USDINR is in positional buy mode since 13th May 2013. Currently the support zone is coming near 54.42 reverse your position to positional shorts only if the support zone breaks on the hourly charts.
Nifty and Bank Nifty hourly charts are shown. currently both nifty and bank nifty is in prolonged buy mode and currently the positional trailing supports comes around 5954 and 12289 respectively. Reverse your positional strategy to shorts only if the supports breaks on hourly charts
Chart shows the cumulative data of FII's, DII's, Retailers for the past one year which shows that FII's are contstantly whereas the retailers and DII's are selling in every high which shows that FII's are more confident in this market than DII's and Retail Investors.
Charts shown here is the intratrend positional Strategy for MCX-Gold Hourly Charts. Strategy is currently in sell mode with Stoploss coming around Rs27270. Reverse your position to longs if MCX Gold manage to break above 27270 and stay above the resistance line on hourly basis.
Now MCX Gold is trading at 27000 & as we can see on charts , after reaching to the 1st resistance area gold is consolidating from last 2 days. However the last move build a hope for an upside rally in coming days as well as a day close above 50% feb correction level also support a positive move.
Nifty 500 tick supertrend charts turns to positional sell mode on last thurday noon session currently resistance are coming closer to 5930 zone. Reverse your positions to longs only if 5930 breaks on closing basis.
Nifty on the 500tick charts turned to postional buy mode on last thurday trading session. And currently the support zone comes closer to 5756. Reverse your position to sell mode if the support zone breaks on 500 tick charts.