Thought of the Day

Thought of the Day

“If we open a quarrel between the past and the present, we shall find we have lost the future.”


Nifty Future “27-09-2010”

Just watch 6059 level as Hurdle.

If Crossover with volumes…stays above this level for 5-10 minutes then nonstop rally upto 6074-6088-6100…
Resistance 6083-6095, for down move 6068-6055 and 6038….?
If cross 6007 & stay 5min. So Exit…
Suppose to fall below 6045 & stay for 10minutes, so PANIC selling – 6014-6000 & 5979

More Update Time by Time for Subscribers only due to market hrs…

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Silver, Is there no reason to sell it?

Total Growth of Silver
Total Growth of Silver

Silver reserves have again and again out-performed both the DOW and Gold. Watch my chart: where MCX silver increase around 90%, Gold above 50% and Dow just 22%. Silver has been outperforming any other metal, except gold, and has seen the longest run in quarterly gains in about 30 years. Silver continues to push higher.

Is there no reason to sell it?

3 consecutive days, Silver breaks 32615 and close below 32645… Then watch short-term 32445 – 32400 and 32220

Suppose, not closing below 32645 up move will be continue up to 33000-33200

INR… Looks Strong

USDINR

 

Above Chart is Daily Chart of USDINR

 

Support here – 45 around

(Rupee can raise up-to 46 – 46.4)

Short Traders, Watch 45.68

After the closing above 45.6, I think it may rise as mentioned above levels…otherwise, think about IT-stocks…

More Details about other Pairs will write in next 1-2 days

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Dow Jones, Bears Live…?

Dow Jones

Dow Jones 10860


Disclosure: Last Friday, Written DJI to not close below 10575, So unexpected buying and also discussed Bulls & bears of World Market

3-Consecutive Days, Dow should not close below 10768 Still up Targets 10998-11040 (Its also Strong) And Strongest Hurdles 11025-12000

Suppose, it’s happened (If closed 10768 below) then Bears comes to test 10520-10367 and 10200
As per our Research, 29-30 Sep. 2010; Bears attack will start on Asian Markets

Always Remember, My Views may be Bearish or Bullish But we follows the written levels. Time will gives Money, Therefore You must keep your both eye careful on levels

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Life

Life

“Live as if your were to die tomorrow. Learn as if you were to live forever.”