23rd June, 2016 :- NIFTY - Index Daily Movement!!

#NIFTY - Daily :- Index still in continuation of its Uptrend. [GAP of Aug, 2015 @ 8360/- is yet to be filled]. It has also managed to Close above its 61.8% Fibonacci Retracement [Drawn from Lifetime High of 9119.2/- & Low of 2016 i.e., 6825.8/-]. Only factor that is signalling Caution ahead is Decrease in Volume as compared to Price.

15th June, 2016 :- NIFTY - Index Daily Movement!!

#NIFTY - Daily :- Index has Strongly Hold above 8050/- level & still in an Uptrend. Considering Gap of 8360/- in Chart (21st Aug, 2015), it might test to Fill it in coming days. Also, NIFTY is holding above its 50DMA [7916/-] & 200DMA [7767/-]

6th June, 2016 :- CRUDE - Last One Year!!

#CRUDE [INR] :- Crude Oil Price have arrived to its Previous Resistance Zone of 3442.5/- which it has tested recently. A Breakout above this level can be a New Beginning of Uptrend in Crude Oil Prices. Till then it might correct & Trade b/w 2900/- (near Support) & 3440/- Levels.

(Analysis using P&F Charting Software).

1st June, 2016 :- NIFTY - Index Daily Movement

#NIFTY - Daily [Last Updated - 31st May, 2016] :- Index had a Strong Breakout from its DownTrend Channel plus Horizontal Resistance of 8000/- Volume on 31st May, is almost same as it was when the Trend had Ended @ 6850/- Level, which is signalling some change in Trend is likely from here.