View from the monthly chart for the Nifty shows a congestion zone developed in 2009 between 4700 and 5300 approximately. This gives a message: the 4700 area has held for
Watch the Hang Seng: Big Picture suggests tracking the Hang Seng Index which it says represents the risk appetite of investors. The full article and chart can be found here. This is an
In just two days, Silver prices have fallen from 65,500 to 56,500 - that's 3 months of gains, gone in 2 days! Gold has performed much better, and, I remain
Once the Nifty fell below 5050 which was the low of the wide range bullish bar, to me, the intermediate trend asserted itself, with the relief rally over. I have
Stocks and Silver are getting slammed as the world moves away from risk. The Nifty saw a dramatic decline all the way to 4900. All trends see some kind of corrections.