WELCOME
Friday, 5 April 2013
Nifty Future view
Nifty Future
Yesterday boldly written that below 5638
Nifty future would lower up to 5590
Nifty fut made low at 5583.30.
Market Directions for Today……..
Intraday support at 5585.
if Break below may take NIFTY lower up to 5566-5575.
Crucial Support at 5565-5556.
If holds these support then pullback
up to 5600-5625 not ruled out.
But decisive breach below 5558
see slide up to 5538-5518.
Major Hurdle at 5690-5710.
TECHNICAL VIEW
USD INR (APR– Expiry)
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 55.1200 with a SL 55.2700 possible targets of 54.8500/54.7000/54.5500.
EUR INR (APR – Expiry)
Euro might fall further as technically looking weak.
Sell below 71.1300 with a SL 71.2300 possible targets of 71.0175/70.9025/70.7800.
OR
Buy above 71.2300 with a SL 71.1300 possible targets of 71.3500/71.4700/71.5900.
Currency Headlines
Australian and New Zealand dollar advances on BOJ monetary easing.
Australian & New Zealand dollar is hovering near four year high on Bank of Japan’s further monetary easing program. The Australian dollar declined 0.2 percent to 100.36 yen as of 4:26 p.m. in Sydney after touching 101.13, the highest since August 2008. The kiwi fell 0.2 percent to 80.99 yen, after reaching 81.61, the strongest since July 2008. The Aussie slipped 0.2 percent to $1.0419 and is little changed this week. The New Zealand dollar slid 0.2 percent to 84.09 U.S. cents and has gained 0.5 percent since March 29.
US dollar is looking weak on charts hence selling is recommended in USD.
Sell around 55.1200 with a SL 55.2700 possible targets of 54.8500/54.7000/54.5500.
EUR INR (APR – Expiry)
Euro might fall further as technically looking weak.
Sell below 71.1300 with a SL 71.2300 possible targets of 71.0175/70.9025/70.7800.
OR
Buy above 71.2300 with a SL 71.1300 possible targets of 71.3500/71.4700/71.5900.
Currency Headlines
Australian and New Zealand dollar advances on BOJ monetary easing.
Australian & New Zealand dollar is hovering near four year high on Bank of Japan’s further monetary easing program. The Australian dollar declined 0.2 percent to 100.36 yen as of 4:26 p.m. in Sydney after touching 101.13, the highest since August 2008. The kiwi fell 0.2 percent to 80.99 yen, after reaching 81.61, the strongest since July 2008. The Aussie slipped 0.2 percent to $1.0419 and is little changed this week. The New Zealand dollar slid 0.2 percent to 84.09 U.S. cents and has gained 0.5 percent since March 29.
Thursday, 4 April 2013
TECH MAHINDRA
After completing rounding bottom till neckline which is also a 50% retracement mark of previous major down-leg, stock seems to be taking out some profits, which may continue till 955/82 which is a crucial support band. Any further dip with volume can turn short term trend down can stock may experience some more pain towards 800/860 range. To experience any fresh up move, stock MUST move above 1130/60 range with decisive volumes and produce weekly and if possible then monthly close above this range. On indicators, we can see a clear breakdown sign, which can become a danger mark if RSI dips below 50 mark. At the point, stock looks weak and can experience profit taking either upto 988 or even upto 955 odd levels.
TODAYS THOUGHT
Are You Directing Your Inner Orchestra Well?
Our inner orchestra is made up of different musical instruments. These instruments are our memories, desires, tendencies, mind, beliefs, emotions, feelings, fears, intuition, judgements, creativity, our imagination…
Who is the director of this orchestra? You. Who are you? You – the consciousness, you – the soul, you – the being. When you direct your inner orchestra well, you can remain unaffected by external influences. If you, the director of the orchestra, close your eyes for a few moments and cover up your ears, what happens to the orchestra? The music is not very harmonious or sweet; it is noisy and you suffer. To make the orchestra play according to the inner voice of your being, according to your purest intentions and values, you simply have to be awake, alert and attentive, and listen with your heart, not with your physical heart but with the heart of your being.
Who is the director of this orchestra? You. Who are you? You – the consciousness, you – the soul, you – the being. When you direct your inner orchestra well, you can remain unaffected by external influences. If you, the director of the orchestra, close your eyes for a few moments and cover up your ears, what happens to the orchestra? The music is not very harmonious or sweet; it is noisy and you suffer. To make the orchestra play according to the inner voice of your being, according to your purest intentions and values, you simply have to be awake, alert and attentive, and listen with your heart, not with your physical heart but with the heart of your being.
Market Direction for Today
Yesterday written that below 5732
Nifty fut would dip up to 5700.
Nifty fut made low at 5666.40 and closed at 5688.
"ABOVE CALL GIVEN TO ONLY THOSE WHO TOOK OUR MONTHLY PAID CALLS SERVICES"
Market Direction for Today
Support at 5665-5651 for intraday.
If breaks below 5639 and not able to cross above 5677-5684
then see panic selloff again which may drag
Nifty fut lower up to 5614-5591-5565.
Strong Hurdle at 5690-5710.
CURRENCY VIEW
Major Forex News
Euro Advances From Five-Week Low Versus Yen on IMF-Cyprus Deal
The euro strengthened from a five- week low versus the yen after the International Monetary Fund said it
would provide 1 billion euros ($1.28 billion) of aid to Cyprus, boosting demand for the region’s assets.
The 17-nation currency reversed an earlier decline versus the dollar on optimism the IMF deal will help
stabilize Cypriot banks and reduce public spending. Australia’s dollar advanced against all 16 of its major
counterparts after the nation posted a smaller-than-estimated trade deficit. The yen weakened amid
speculation the Bank of Japan (8301) will boost monetary stimulus when it ends a two-day meeting
tomorrow.
The euro gained 0.1 percent to 119.85 yen at 7:09 a.m. in New York after dropping to 119.15 yesterday, the lowest level since Feb. 26. The common currency was little changed at $1.2820 after weakening as much as 0.2 percent. The yen declined 0.1 percent to 93.51 per dollar.
IMF Managing Director Christine Lagarde announced the staff-level agreement with Cyprus today on the 10
billion-euro program agreed on March 25. The deal calls for Cyprus to restructure its two largest banks,
reduce budget deficits and adjust its wage and pension systems.
The euro has weakened 1.9 percent in the past month, the worst performer among the 10 developednation currencies tracked by Bloomberg Correlation-Weighted Indexes. The dollar dropped 0.2 percent and
the yen was little changed.The ECB’s Governing Council meets tomorrow to decide on interest rates. Of 56 economists surveyed by Bloomberg News, 54 expect the central bank to keep its main refinancing rate at a record-low 0.75 percent, while two predict a cut.
yesterday call update
MCX RUN 875 TO 950 IN INTRADAY YESTERDAY PER SHARE 75 RS.
NATURAL GAS MADE LOW BELOW 1ST TGT 217.20 TO 214.70 --->1 LOT PROFIT 2750
CURRENCY AND MCX ALL CALL WAS 1ST TGT DONE AS USUAL FOR LIVE CALL ADD ON GTALK ---SURAJSINGHOM123@GMAIL.COM
NATURAL GAS MADE LOW BELOW 1ST TGT 217.20 TO 214.70 --->1 LOT PROFIT 2750
CURRENCY AND MCX ALL CALL WAS 1ST TGT DONE AS USUAL FOR LIVE CALL ADD ON GTALK ---SURAJSINGHOM123@GMAIL.COM
Wednesday, 3 April 2013
CURRENCY INTRADAY VIEW
USD INR (APR– Expiry)
US dollar is looking strong on charts hence buying is recommended in USD.
Buy around 54.6500 with a SL 54.5000 possible targets of 54.8500/54.9800/55.1000.
EUR INR (APR – Expiry)
Euro might fall further as technically looking weak.
Sell below 70.0000 with a SL 70.1000 possible targets of 69.8875/69.7625/69.6300.
OR
Buy above 70.1000 with a SL 70.0000 possible targets of 70.2700/70.3700/70.5000.
Currency Headlines
Won falls on North Korean war threat.
Won is hovering near six month low North Korean war threat which is receding the demand of the Korean assets. The won weakened 0.3 percent to 1,121.34 per dollar as of 12:34 p.m. in Seoul, earlier touching 1,123.34, the lowest level since Sept. 20. The currency slid 0.3 percent yesterday after North Korea said it will restart the Yongbyon nuclear site, which was shut down in 2007 as part of an agreement reached in six-nation talks aimed at persuading the country to scrap its atomic weapons program.
US dollar is looking strong on charts hence buying is recommended in USD.
Buy around 54.6500 with a SL 54.5000 possible targets of 54.8500/54.9800/55.1000.
EUR INR (APR – Expiry)
Euro might fall further as technically looking weak.
Sell below 70.0000 with a SL 70.1000 possible targets of 69.8875/69.7625/69.6300.
OR
Buy above 70.1000 with a SL 70.0000 possible targets of 70.2700/70.3700/70.5000.
Currency Headlines
Won falls on North Korean war threat.
Won is hovering near six month low North Korean war threat which is receding the demand of the Korean assets. The won weakened 0.3 percent to 1,121.34 per dollar as of 12:34 p.m. in Seoul, earlier touching 1,123.34, the lowest level since Sept. 20. The currency slid 0.3 percent yesterday after North Korea said it will restart the Yongbyon nuclear site, which was shut down in 2007 as part of an agreement reached in six-nation talks aimed at persuading the country to scrap its atomic weapons program.
Subscribe to:
Posts (Atom)