Weaker US Market Cues

Weak US Market CUES. US Market NASDAQ and DOW cracks 3% each
Nifty Support level at 5380. Below 5380 level 5250 may possible

Buying May seen in the later trade

Incredible Charts View on Sensex based on Twiggs Money Flow Oscillator The Sensex is testing support at 8500 for a third time. Declining Twiggs Money Flow (13-Week) indicates long-term selling pressure. The primary trend is down and […]
Oil Prices Vs. Production: See the “Elephant” Almost Everyone Ignores There's a widespread assumption that supply and demand drive oil prices. Almost all economists base their oil forecasts entirely on this premise, and so do many speculators. If the oil […]
Nifty Intraday Trading for 19th Feb 2009 Nifty yesterday respected the 200min MA resistance line(Check the intraday chart) and bounced lower. For 19th Feb 2009 go long above 2800 for a target of 2820 and 2842. Or […]
Gold Resistance Shifts from $1900 to $1800-1817 Band From the 4-Hourly charts we could see that gold had fallen below the 200 SMA for the very first time since 8th July with 20/50 EMA crossover on the hourly charts which indicates that […]
Twiggs Money Flow Update for Nifty and Bank Nifty Nifty and Bank Nifty Daily Charts with Twiggs money flow indicator (Smoothed version) indcates that a possible turn around from the bottom and shorter term bullishness could continue […]
Long and Short Term RCOM GANN Charts Review Long term Chart shows a resistance near 318. And Shorter term GANN Charts shows that EOD Supports near 268. Contratian View is to Buy RCOM with EOD Stop loss of 260. […]