MY ANALYSIS

Sunday, 19 May 2013

NIFTY - trade in INTRADAY avoid POSITIONAL



 WEEKLY CHART

Nifty price is just near to the over bought zone, as well all all oscillators are near to the over bought zone. MACD indicator is also facing resistance. Price can move 200 points in up direction with respect to oscillators level and range. Price can form triple top, the level 6250-6300. Gann sell is also helping that triple top pattern or over bought oscillators and level of indicators.


DAILY CHART

Daily chart showing strength, MACD indicator showing strength. RSI is not in over bought zone but it can form the negative divergence.
 HOURLY AND 15 MIN CHART

Both charts facing support of EMA. In hourly and 15 min chart, 20 ema and 60 ema indicator showing support respectively as well RSI oscillator showing strength.


Sunday, 13 January 2013

CURRENCY

EMA STRATEGY ON CURRENCY

Trend lines, quadrant lines are acting like levels which is use full in partial profit booking... 

Cross over of white EMA and yellow EMA - for new position

White ema - for stop loss

No trade zone - sky blue ema and white ema on parallel

EURINR









GBPINR









JPYINR










USDINR











Friday, 4 January 2013

Tuesday, 24 July 2012

NIFTY DAILY CHART

 PRICE IS NOT HAVING ANY TREND LINE SUPPORT NEAR LEVELS. TREND LINE SUPPORTS : 5050,4900
 MACD AND RSI SHOWING BEARISH SIGN
 FOLLOW THE CHANNEL FOR THE RANGE
 SEEMS LIKE ISLAND GAP BUT WANTS MORE CONFIRMATION.
USDINR SHOWING TRIANGLE BREAK OUT WITH TGT 58.2

Monday, 23 July 2012

BHARTI AIRTEL

 Price is retesting a trend line, expecting some consolidation. Target of HEAD AND SHOULDER is 260

DLF-WEEKLY CHART

DLF showing strong resistance. Price is tested a down slanting trend line as well price showing resistance in bollinger. Clear sell off can below the level of 180.