Technical Analysis NIFTY 50 16 December 2021 This report is technical analysis of Nifty 50 on the basis of Daily & Weekly Chart Nifty Technical Analysis Technical Analysis on base of Daily Chart Current level is 17311 First support is 17288 (18 Day Exponential Moving Average) Second Support is 16888 (Bollinger Band) First Resistance 17375…
ANALYSIS OF EQUITY MARKET 09 DECEMBER 2020 Every Year, Foreign institutional Investors Book their profits in the Month of December. This is done by Fund Managers Managing the FII Funds to show profits in their books and earn commission on the profit generated by them. We expect the similar pattern this year. Let us now…
WHERE IS GOLD HEADED NOW Gold had rallied to around 2080 during pandemic on account of Risk off rally and now undergoing correction profit booking has been started for last 15 weeks. Current level is 1782. DAILY CHART It is below 38.2% Fibonacci Retracement. which is 1825. In daily chart base level is 1670 …
USD / INR TECHNICAL ANALYSIS Hourly Chart Current level is 74.12 First Resistance is in range of 74.25 to 74.35. 74.24 is 18 hour moving average, 74.29 is Bollinger Band and 74.35 is 50 hour moving average Second Resistance is 74.60 which is Bollinger Band Support level is 74.00 in hourly chart which is…
84528 08533 prashanti.forex@gmail.com www.prashantiforex.in Tuesday, 1 September 2020 HEADLINES Dollar nurses losses on rate outlook, Aussie looks to RBA Asian stocks edge lower after Wall Street dips in month-end trade Oil dips as prices struggle to break through demand uncertainty Major Currency levels at 8:46 am Currency BID ASK EUR/USD 1.1988…
✆ +91 84528 08533 ✉︎ prashanti.forex@gmail.com 🌐 prashantiforex.in Friday, 28 August 2020 HeadLines Dollar buoyed by yields surge jump after Fed’s inflation shift In landmark shift, Fed rewrites approach to inflation, labor market Asian stocks may be choppy despite U.S. Fed inflation shift, COVID outlook Oil dips as U.S. rigs, refiners appear to…
✆ +91 84528 08533 ✉︎ prashanti.forex@gmail.com 🌐 prashantiforex.in Thursday, 27 August 2020 HeadLines Dollar on back-foot as investors look for dovish Fed signals Asia shares set to rise after U.S. equities hit new record in tech spike Oil steady as huge Gulf of Mexico storm shuts down production Major Currency Rates at 8:32…
✆ +91 84528 08533 ✉︎ prashanti.forex@gmail.com 🌐 prashantiforex.in Wednesday, 26 August 2020 HeadLines Dollar dogged by economic worries, yuan gains on trade deal relief Asian stocks set for cautious gains on Sino-U.S. trade hopes Oil hits five-month highs as U.S. producers cut output ahead of hurricane Major Currency Rates at 8:45 AM Symbol…
✆ +91 84528 08533 ✉︎ prashanti.forex@gmail.com 🌐 prashantiforex.in Tuesday, 25 August 2020 HeadLines Dollar hangs on as currency market waits for Powell Asian stocks near two-year high as virus treatment hopes lift mood Oil prices rise as storms cut U.S. production Major Currency Rates at 9:01 AM Symbol Bid Ask EUR/USD 1.1803 1.1807…
✆ +91 84528 08533 ✉︎ prashanti.forex@gmail.com 🌐 prashantiforex.in Tuesday, 18 August 2020 HeadLines Dollar nurses losses as selling pressure builds on several fronts Asia shares set to follow Wall Street’s tech-driven rally Oil edges lower as suppliers try to hold line on output cuts Major Currency Rates at 8:35 AM Symbol Bid Ask…