ajithchand-bhandaari

ajithchand-bhandaari Updated 

CRUDE is expected to rise now. There are many reason why we feel it may rise. 01. It has bounced back from quarterly sell target 02 level. 02. Bullish Engulfing pattern in daily Chart. 03. To rise and clear quarterly targets it had to come down to gain momentum for up move. 04. Stoch RSI (3,3,14,Close) states it may rise. 05. RSI(14,CLOSE) Is also of the...

ajithchand-bhandaari Updated 

DJI is expected to RISE now. There are many reason why we feel it may RISE. 01. It is taking support at quarterly levels trying for a big jump. 02. Bullish engulfing in daily Chart. 03. May reach weekly target 16326 04. Stoch RSI (3,3,14,Close) states it may rise. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is also rising. Keeping all the...

ajithchand-bhandaari Updated 

GBPJPY is expected to rise now. There are many reason why we feel it may rise. 01. It has not sustained quarterly buy level. 02. BULLISH Engulfing pattern in daily Chart. 03. It has gone way below the quarterly Low target. and chances are bright it may touch 190 very soon 04. Stoch RSI (3,3,14,Close) is not clear. 05. RSI(14,CLOSE) Is rising. 06....

ajithchand-bhandaari Updated 

GOLD is expected to sink now. There are many reason why we feel it may rise. 01. It had almost touched Target 03 of Quartely. 02. Hammer pattern in daily Chart. 04. Stoch RSI (3,3,14,Close) clearly states it may sink. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart...

ajithchand-bhandaari

XAGUSD is expected to sink now. There are many reason why we feel it may sink. 01. It has not sustained quarterly buy level. 02. Pinball in daily Chart. 03. To sink and come near quarterly sell level of 14.12 04. Stoch RSI (3,3,14,Close) clearly states it may sink. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is also sinking. Keeping all...

ajithchand-bhandaari Updated 

As the NIFTY has made a Bearish Engulfing pattern chances are bright that NIFTY may crack it to 200 points on the lower side Which may happen in near future. Caution: The above are our personal view. Neither a recommendation nor a tip nor an advice for any trade. Please consult your personal financial adviser before investing.

ajithchand-bhandaari Updated 

DJI : DJI made a recent low of 15364 which was very much bellow 15459 our Quarterly safe exit level. The acheivable upper target for DJI by end of March is 18351. On a lesser time frame that is End of February 2016 DJI may reach any where between 17635 to 17860. For our weekly traders we sujest a SELL bellow 16055 with a SL @ 16107 target 01 @ 15924 Target 02 @...

ajithchand-bhandaari Updated 

SILVER: Silver may be range bound to up in coming week. For weekly traders buy above 14.89 SL@ 14.81 Tgt 01 @ 15.11, Tgt 02 @ 15.20. We would advise traders to trade carefully in SILVER.

ajithchand-bhandaari Updated 

GOLD: We expect GOLD to rise further this week Gold closed @ 1173.7 We advise to trade with caution in trading GOLD this week. Weekly buy is @ 1164 which is very much lower than the close. SL@1159 Tgt 01 1178 Tgt 02 1184

ajithchand-bhandaari Updated 

USDCHF: We expect USDCHF to stay on sell side The close .9903 is very much lower than our weekly sell level. Target 01 @.9849 Target 02 @ .9810. There is a major confluence level of .9753 to .9689 on the lower side.

ajithchand-bhandaari Updated 

GBPJPY: We expect GBPJPY to stay low atleast upto 13 FEB 2016. For our weekly traders Sell @ 169.93 with a SL @ 170.52 tGT 01 @ 168.47 Tgt 02 @ 167.82 there is a confluece level here between 167.98 to 167.82 we would advice to exit around 167.82.

ajithchand-bhandaari

EURUSD: We have to be careful in trading the normal trend shows upside move on weekly basis. The close is @ 1.1153 way above the buy level of 1.1026 there is a major confluence level 1.1339 to 1.1381 target 02 @ 1.1515

ajithchand-bhandaari

CRUDE: CRUDE has closed @ 30.98 and is expected to lay low. Sell below 30.27 SL @ 30.75 Tgt 01 @ 28.79 Tgt 02 @ 28.26

ajithchand-bhandaari

Nifty is expected to sink approximately - 200 points. Main reason being bearish engulfing formed in weekly chart. On End of day basis it may look a bit bullish as far as technical levels are concerned. but weekly chart pattern confirming the other way around. It is usualy seen that the next candle of Bearish engulfing usualy opens with a gap down. What is to be...

ajithchand-bhandaari Updated 

In January 2016 our view was short. We were of the view that any day closing bellow 37.93$ would crash the market to 27.55$. As expected on 04 January 2016 the market closed @ 36.86$ way below 37.93$. and from then on Crude was in continuous flow down side. Crude made a low of 27.53$ just 2 cents lower than our expected low 27.55$. From then there is a bounce as...

ajithchand-bhandaari Updated 

USDCHF is poised to go up to 1.3460 January 2016 has been hectic for USDCHF. USDCHF failed to sustain 1.1234. buy level on 05 January 2016. next days Red candle was a confirmation for it to sink to level of .9960. the market made a low of .9878 on 11 January 2016. and bouncing back sharply. USDCHF is now poised to reach 1.3460. Caution: The above is our...

ajithchand-bhandaari Updated 

GBPJPY may soon touch 170.78. GBPJPY opened weak, well bellow our sell level of 179.52. on 04 January 2015. and had been down to the level of 163.98. ON 20 January 2016 whereas we we had expected that GBPJPY may bottom out @ 173.95. Now we expect the GBPJPY to bounce at least back to 170.78 to 171.45 in near future. Caution: The above is our personal view....

ajithchand-bhandaari Updated 

Gold is expec ted to touch 1110 levels in near future. January 2016 has seen huge see-saw movement as far as the levels are concerned. Gold got bought @ 1081.50 levels on 07 January 2016 and cleared our third target of 1113.03 on the very next day of 08 January 2016. As gold came bellow 1096 Sell call was triggered for a target of 1077.44 on 11 January 2016. By 14...