DJIA has continued to linger near its channel resistance and now it becomes very important for prices to witness a clear break inorder to indicate a clear direction. Important support is placed near 26900 and resistance is placed near 27400…
MCX Silver has been witnessing a strong upward rally since mid-July. The rise has been absolutely in sync with our Elliott wave counts. Recently we have been able to capture the 1300 points upmove just in 4 continuous sessions with…
DJIA witnessed a fall of around 400 points post testing the resistance of 27400 level. The prices seem to have re-entered the upward slopping channel. The level of 27100 might act as a support level in the near future. A…
DJIA witnessed downmove in the last session and closed in the red near it resistance trendline. Now further break below the same on closing basis would be a sign of concern. Important support is placed at the EMA as a…
Nifty had been moving precisely as expected and as per the path shown using Elliott wave, Neo wave and Time cycles. Prices have behaved amazingly as we showed it in the monthly research despite of the event of Budget. We…
DJIA looks to be moving sideways post the breakout which looked plausible. Coming sessions might continue to witness the same. As per polarity reversal the resistance trendline will now act as an immediate support.
DJIA post the breakout is now sustaining above the channel and we might expect the positive bias to continue as long as 27000 is intact on downside. Some consolidation can be witnessed inorder to relive the overbought state.
DJIA in the previous session broke its psychological level of 27000 and closed above it near 27330 which is also its lifetime high. Prices managed to break its important channel resistance and now it would be essential to see if…
DJIA in the previous session managed to close above 27000 levels and are currently placed near its upper trendline. The channel has been working extremely well and a break above the channel on closing basis will allow prices to move…
In the previous session the Dow Jones Industrial Average tested the high of 26983 but failed to close above it. The session finally ended at 26860 with a grave stone doji pattern. The immediate support is placed at placed at…
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