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Showing posts from March, 2021

Monthly Chart of Silver - India:

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As seen from the chart, it seems Silver is doing what it has done from 2011 to 2013 period. The commodity is forming the similar type of triangle pattern and following the same Fibonacci retracement levels.  For educational purpose. @jagrut

Monthly Chart of US 10 Year Bonds:

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As seen from the chart the bond is facing resistance around the downward sloping trend-line since 1988. At present, the bond is trading near to trend-line supply zone around the levels of 1.90 to 2.00 Around 1.80 levels lies the 50% Fibonacci levels of entire downward movement from 3.25 to 0.36. For educational purpose @jagrut  

Daily Chart of Nifty: (JAGRUT SHAH)

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The index is trading near to demand zone as seen from the chart. The zone is holding as support in every correction in the index. 14100-14300 is the demand zone for the index. If the index manages to hold the support zone then it can bounce to the levels of around 15100-15300 where downward sloping trendline is lying. For educational purpose. @jagrut

Daily Chart of Banknifty: (JAGRUT SHAH)

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The index has taken support around the trendline connecting lows of Sept-2020 and Jan-2021. If the support level holds, Banknifty can move towards the downward sloping trendline around the levels of 35800-36000. For educational purpose. @jagrut

Monthly Chart of Nasdaq Bank Index.

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The index is approaching the channel resistance around the levels of 127-128. For educational purpose