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JPYINR – Technical trend analysis 12july2013

Federal Reserve chairman Ben S Bernanke has hinted  that the economy may still require stimulus to bolster growth, that may lead to a rally in weak  foreign currencies, especially  in the emerging markets. Bank of...

Nifty Technical Trend Analysis-21June13

Number 3 is quite significant while studying the technical parameters within the frame of financial technical analysis, as Nifty has touched 6200 level briefly 3 times in the last 6 year period; Jan 2008, Oct...

Nifty Technical Trend Analysis-1April13

Descending channel can be observed on the left hand side of the chart, Nifty made a high of 6330 and then on weakness made lower highs of 6189, 5941 while a subsequent lower lows of...

Crude Technical Trend Analysis : Range bound trade expected – 11March13

Range bound trade is expected, Bullish traders needs to be cautious. From the daily Brent crude oil price chart, it can be observed that Brent crude oil price after a breakout from the horizontal uptrend...

Gold Technical Trend Analysis- 4March13

Prices in MCX Gold have been in sideways since November 2012 after making a high of Rs. 32441 in the month of September 2012. Rs. 32,441/- is the life time high made in MCX Gold...

Bank Nifty Technical Trend Analysis- 26Feb13

Bank Nifty technically on 8th November 2010 made a life time high of 13281 as can observed on the left hand upper corner of Bank Nifty Daily Chart. On 29th January 2013 at the right...

Nifty Technical Trend Analysis-25Feb13

Nifty after making a yearly high of 6101 on 22nd January 2013 started dropping like pack of cards, while briefly lingering around 5980 and then falling further by breaking important support trend lines. In nifty...

The Brent crude oil price have held 112

The Brent crude oil price have held 112USD  a barrel on support from upbeat manufacturing data from china & Germany. Though Brent has been trading sideways from USD 115-107. A stronger dollar has been though...

Bank Nifty Technical Trend Analysis

Bank Nifty makes new highs every week and touched a yearly high of 12908 on 15th January 2013.Technically 13281 of 8th November 2010 is a lifetime high in Bank Nifty daily chart as one can...

Nifty Technical Trend Analysis

Nifty is making new highs every week and touched a yearly high of 6101 on 22nd January 2013. In nifty daily chart one can observe many trend lines from left to right. On the left...