Gold: Trading inside the Box pattern

by | Dec 7, 2019 | Commodities, Markets

Gold staged a stellar rally of 8,000 points from 31500 to 39500 this year from lows. After the rally it has been consolidating in the range of 36800 – 39500 from past 4 months after making a top. The charts hint we are in a rectangular pattern as shown in the chart...

NIFTY trading at crucial juncture: A Path ahead

by | Dec 6, 2019 | Equities, Markets

NIFTY Technical View: NIFTY trading at a crucial juncture started correcting last week. The formation of bearish engulfing pattern on weekly charts after hitting all-time highs hints at least halt of uptrend as of now. The larger super cycle degree wave counts suggest...