Tuesday, 1 January 2013

Major Forex currency pair trends on 1st January





Last Price
Short Term
Mid Term
EMA Trend
Status
Williams
Trend
AUDUSD
1.0389
Bear
Bear
Bear
Bull
Bear Zone
DownTrend
EURGBP
0.8115
Bull
Bull
Bull
Bear
Bear Zone
UpT Sideways
EURUSD
1.319
Bull
Bull
Bull
Bear
Bull Zone
UpT Sideways
GBPJPY
140.895
Bull
Bull
Bull
BUY
Bull Zone
UPTREND
GBPUSD
1.6241
Bull
Bull
Bull
Bull
Bull Zone
UpT Sideways
USDCAD
0.9916
Bull
Bear
Bear
Bear
Bear Zone
UpT Sideways
USDCHF
0.9148
Bear
Bear
Bear
BUY
Bear Zone
DownTrend
USDJPY
86.688
Bull
Bull
Bull
BUY
Bull Zone
UPTREND

The Market out look for Nifty on 1st January


Trading the nifty on 1st January


The closing rate for Nifty is 5905 which is above the 5900 mark. We need more confirmation data  to assess the nifty since this level has been maintained in the last few trading sessions.

Today, in the New Years first opening session, we need to see the Nifty clearing the resistance level of 5929 to confirm its strength. If the Nifty fails to do so will take to the support level of 5871.

The FII continued to buy for 1578.97 Crores and sold for 752.63 Crores resulting in a positive value of 826.34 Crores.  The DII bought for 911.94 Crores and sold for 1112.91 resulting a negative of 200.97 Crores.

Monday, 31 December 2012