Thursday, 19 February 2015

WTI CRUDE - DAILY CHART

Below is my view on crude. I still believe crude will try the bottom once again. The fact that crude has also gone through the 50 MA (blue) makes test of previous low open. Crude only needs to close below the 50 MA to give a second confirmation in addition to the triple top.


Wednesday, 11 February 2015

Silver Charts

Posting one of my favorite counters and one of the most difficult to analyse.



Monday, 2 February 2015

Reserve Bank of India Meetings Calendar for 2015

           Date                                   Day         Time                   Event                            Actual    Previous
28th January 2015        Wednesday     11:00 A.M RBI Interest Rate Decision 7.75% 8%
3rd February 2015        Tuesday        11:00 A.M RBI Interest Rate Decision                      7.75%
1st April 2015              Wednesday    12:00 P.M RBI Interest Rate Decision
3rd June 2015              Wednesday    12:00 P.M   RBI Interest Rate Decision
5th August 2015          Wednesday    12:00 P.M RBI Interest Rate Decision
30th September 2015  Wednesday    12:00 P.M RBI Interest Rate Decision

Source: http://www.tradingeconomics.com/india/calendar#  

In India, interest rate decisions are taken by the Reserve Bank of India's Central Board of Directors. The official interest rate is the benchmark repurchase rate.

Sunday, 1 February 2015

DJIA - Jan End 2015


DJIA looks all set to drop starting Monday.

WTI Crude Analysis - End of Jan 2015

This week is US Unemployment data and Non Farm Payrolls. Main focus is going to be on the Friday data. I expect crude to hold previous low and move up towards 55 USD as indicated in the chart. For the coming week the low could be 46.50. The chart has a typo. Its not 44.50 but 46.50.