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Global View of NTD as on 7th Sept, 2013

Uptrend of USD/INR Under Threat ???
FDIS, FIIS,NRIS, Your Time Starts NOW to Get Dollars in India.


USDINR : The whole move  from 1st may 2013, of USDINR 53.65 and  69.13 on 28th August 2013, is Rupees 15.48 ,Even  at the current structure  we observe on chart, it is exhibiting  lower-top and lower- bottom with also a negative diversion on Momentum indicator RSI , At least  50 % of whole rise  comes to around 61.40 .



US : As per Automated signal Dow jones is in sell mode. We are expecting 14200 in coming few weeks.

Japan : Nikkei 225 will move in parallel to the movement of USD/JPY.      

China : Shanghai market are making higher bases and we see it has already bottomed out. The new support area is between 2055- 2080.A break out above close of 2200 can take it to 2300 plus.

GOLD : Support at 1350-1360 and Resistance at 1415-1435.

OIL : Brent Oil close below 112 will cool down the Syrian crisis, On upsides it can rise upto 1.20.


Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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