Wednesday, September 15, 2010

Dowjones Potential Head & shoulders , Might have topped out Yesterday

Dowjones Could Be Heading lower towards price Target of 9950 With making of potentail Right Shoulder and than Finally to 9200 later on . The above view Is negated if prices Moves above 10700 levels

Tuesday, September 14, 2010

Gold Short term view

Prices Head For Crucial Resistance Zone of 1288-1295$ levels , Almost Near the physiological Resistance of 1300 $ , We Expect The prices to Reverse From the Current level Looking at the Negative Divergence on RSI and Resistance coming up From upwards End of Rising Wedge ,

Tuesday, September 7, 2010

Silver Short term view

Silver Short term : Silver is Highly overbought Zone , and has made A hanging man Candle Stick reversal pattern Near Resistance Level of 20 $ . In Short term , Shorts Can be Taken with Sl above abv 20 $ on closing basis , for Down Side Targets of 19.3 $ & 18.9 $