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25th September, 2011

Nifty – A long term view

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

24th September, 2011

Adding value to your analysis.

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

23rd September, 2011

Silver takes a tumble.

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

23rd September, 2011

Intermediate trend is in control.

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

22nd September, 2011

Nifty Resistance Holds & Risk is Off Again.

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.