bad days for hdfc.............now at do r die
BPCL chart showing high volume selling today, RSI tanked below 60. If stock breaks 375 with volumes, more pain to be witnessed. If a bounce is witnessed after touching 373-375, might zoom above more. Levels mentioned in chart. Do your research before taking trading decision.
Nifty is trading near daily support of 10925. If it fails to hold 10850 (closing basis) then next major support comes in close to 10400. Above 11000 we can expect short covering / rally till 11125/11250 with major resistance at 11350.
supporting all technical signals...go with bull run
must watch for small profit
en.wikipedia.org 01 USA 15,043,000 35,922 02 Saudi Arabia (OPEC) 12,000,000 324,866 03 Russia 10,800,000 73,292 04 Iraq (OPEC) 4,451,516 119,664 05 Iran (OPEC) 3,990,956 49,714 06 China 3,980,650 2,836 07 Canada 3,662,694 100,931 08 United Arab Emirates (OPEC) 3,106,077 335,103 09 Kuwait (OPEC) 2,923,825 721,575 10 India 2,515,459 554
This chart will help understand the relevance of trend lines and parallel lines in understanding and trading trends of any trade-able instrument. As per this channel the lower range for Gold is 1485-1490, if it is taken - the gold prices will fall like nine pins. Let us see how it works in next few days.
Gold priced have been moving in a broa channel for quite some time. 1485-1490 is a rock solid support as one can see in the chart, if broken - it will fall like nine pins.
watch the trade
As rsi is out side bands... Likely to get into bands... So can expect upside till 71.5.. On the other side currency war clam down may take it 70 levels.. Disclaimer : I am not certified analyst
Looks Good For Up Side From CMP-52 Range 52 to 45 Support 37 Up Side 150
Nifty Metal Possibility.....Everything Is On Chart...