ANALYSIS VIEWS
On Shares & Commidities Market (r.dibya@gmail.com)
Monday, December 9, 2019
Tuesday, March 21, 2017
Wednesday, November 13, 2013
NIFTY SPOT
From here my thinking says nifty may touch 6400 levels very soon then see a huge downfall from that levels may be 5700 levels.on the downside . so i am very bullish on PSU bank (from here CANBANK looking very good rally is there in short term pattern as well as inaxisbank,relcapital,bob,sbi etc.)
Friday, September 6, 2013
Saturday, August 17, 2013
SPX
US Mkt. or SPX index is going to be crash after a small bounce back. and small bouce back will be indicated a ENDING DIAGONAL PATTERN in weekly chart at higher levels with a Negative Divergence indicates free fall could be start OR we could say Beginning of Down Trend Mkt.
Again telling, i have confident on buying gold at this levels in Indian Mkt. bcoz Fearing is coming on Equity and Rising in Inflation as well as Depreciation in USDINR , which will be boost for Gold for longer term at least for the TGT. of 45000 .
Wednesday, August 7, 2013
NIFTY,SENSEX(LONGER TERM CHART) ,TATAMOTORS
TATAMOTORS |
SENSEX |
NIFTY |
Nifty is Trading below 5750 levels which was weekly strong support area so from here i feel free falling line should continue till 5200/5000 levels .and mid term chart pattern has been damaged so be careful to add buying position at this levels
USDINR may touch 62.50 levels very soon but in near term we could see 65 levels
Sunday, August 4, 2013
WEEKLY SENSEX CHART
SENSEX WEEKLY CHART |
MSCI INDIA ETF |
This time we are very bearish in this mkt. but if u look on MSCI INDIA ETF then u will find a pull back rally after completing of 5 wave pattern near this current levels. and most of stocks including banking stocks also , these are very very oversold at this time so need to be a very good pull back rally or some kind of consolidation pattern for 2 months at least.
From this point of view my view has been changed from bearish to bullish but not looking for longer term uptrend from this levels . yes , if mkt. falls below 18400 levels then i will be very bearish .
Thatswhy i believe ,we have to convert in bullish mode with sl of 18400 levels . but still mkt. is trading in a range which is (19150-20000).
According to contrarian method ---everybody is sitting in bearish side or doing short and advising short also ,so it must be bullish for some time , may be 3 months at least . Dow chart is still in bullish mode and showing bearish in USDX as well as USDINR .
Subscribe to:
Posts (Atom)