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Showing posts from November, 2013

Trading Levels for 25 NOV 2013- 01 DEC 2013

Based on our unique concept, we have found trading levels which can be used for buying and selling purpose by traders for respective instruments.  ** Our technical analysis is based on the data of Metatrader4, so, the data may not match with the respective values displaying on www.nseindia.com , www.MCX-SX.com  or anywhere else,so, please adjust the data accordingly and calculate values for resistance and support levels respectively.  Please register and download Metatrader4 platform here  : GCI  CRUDE OIL(94.76): Resistance: 95.37-95.51 / 97.02 Support: 94.26-93.90 / 92.48 / 91.19 GOLD(1243.09): Resistance: 1254.50-1257.01 / 1270.41 / 1287.17 Support: 1233.55 / 1205.01 / 1199.21 DOWJONES(16033): Resistance: 16044 / 16147 / 16251 Support: 15932-15916 / 15823 / 15759 S&P 500(1802.50): Resistance: 1829.03 / 1847.95 / 1868.97 Support: 1798.19-1795.39 / 1779.97-1775.06 NSE NIFTY 50 (6028): Resistance: 6062 / 6126 / 6158-6187 Support: 5941 / 5900 / DAX 3

Technical Analysis Tools-Relative Strength Index (RSI)

Relative Strength Index (RSI- J. Welles wilder) is an oscillator, used to measure strength of a trend, which oscillates between 0 to 100. Above 70, RSI says respective instrument is overbought and have chances of fall. Below 30, RSI says respective instrument is oversold and have chances of rise.     Formula                      Relative strength Index ( RSI)  = 100 - 100/(1+RS) = 100*((RS/(1+RS))                          Relative strength ( RS) = Average Gain for n periods / Average Loss for n periods Calculating average gain or loss: Select number of periods Let's say: number of periods = 14 First value of average gain or loss is, simply, average of 14 period i.e. First Average Gain = Sum of Gains over the past 14 periods / 14. First Average Loss = Sum of Losses over the past 14 periods / 14. After calculating first average gain or loss value, we will use following formula for the calculation Average Gain = [(previous Average Gain) x 13 + current Gain] /

Trading Levels for 18 NOV 2013-24 NOV 2013

Based on our unique concept, we have found trading levels which can be used for buying and selling purpose by traders for respective instruments.  ** Our technical analysis is based on the data of Metatrader4, so, the data may not match with the respective values displaying on www.nseindia.com , www.MCX-SX.com  or anywhere else,so, please adjust the data accordingly and calculate values for resistance and support levels respectively.  Please register and download  Metatrader4 pla tform  here  : GCI  CRUDE OIL (93.71) Resistance: 93.90 / 94.66 / 95.11 Support: 93.28 / 92.79-92.52 / 91.14 GOLD (1287.82): Resistance: 1290.30 / 1298.09 / 1320.33 Support: 1275.84-1274.14 / 1257.49 / 1244.14 DOWJONES (15922) Resistance: 16060 / 16217 Support: 15915-15890 / 15764-15741 / 15648 S&P 500 (1795.25): Resistance: 1811.24 / 1832.39 Support: 1791.78 / 1774.75-1771.48 / 1754.45-1752.48 NSE NIFTY 50 (6084) Resistance: 6104 / 6147 Support: 6058 / 5995 / 5967 DAX30 (9

Stock's futures and options for 11 NOV 2013

Stock's future Stock's futures to buy, if Stock's futures opens below given levels SBIN GSKCONS IOC ASIANPAINT Stock's futures to short sell, if Stock's futures opens above given levels NOT SELECTED Stock's option Stock's option to buy, if Stock opens below given levels ONGC ITC BANKBARODA DRREDDY Stock's option to short sell, if Stock opens above given levels NOT SELECTED

Trading Levels for 11 NOV 2013-17 NOV 2013

Based on our unique concept, we have found trading levels which can be used for buying and selling purpose by traders for respective instruments.  ** Our technical analysis is based on the data of Metatrader4, so, the data may not match with the respective values displaying on www.nseindia.com , www.MCX-SX.com  or anywhere else,so,  please adjust the data accordingly and calculate values for resistance and support levels respectively. DOW_JONES (15710): Resistance: 15737 / 15900 / 16000 Support: 15668 / 15579-15555 / 15458 S&P_500 (1767.00): Resistance: 1782.02 / 1795.23 / 1808.39 Support: 1762.90 / 1757.42-1753.05 / 1744.26-1740.43 DAX_30 (9093.9): Resistance: 9197.8-9201.4 / 9314.5 / 9375.7 Support: 9082.6 / 9053.8 / 8999.9-8986.6 CRUDE_OIL (94.36): Resistance: 95.22-95.56 / 97.75 / 99.95 Support: 94.13 / 92.93 / 90.40 GOLD (1287.79): Resistance: 1300.87 / 1312.55 /  1323.11 Support: 1278.07 / 1271.95 / 1259.16 NSE_NIFTY (6178): Resistance: 6238 / 6268-