And finally its time to going back of QE3 package, along with date of interest rate hike may be announced..
The decision might be come in FED meeting..
So its better to stay either light position or Hedge the Holding properly, to avoid loss against sudden fall/rise &/or increased volatility.
* T & C Apply.
Update of stock views posted on 25 Aug 2014
Bearish view posted on 25 aug
Nifty:
Closing price on 25 aug 2014 :7906.30
Low made 7723.85 on 17 Oct 2014, but high made before that was 8180
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Relcap:
closing price on 25 aug 2014: 556.05
Low made 434.90 on on 08 Oct 2014
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AxisBank:
Closing price on 25 aug 2014 : 398.75
Low made 370.25 on 26 sep 2014
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USD/INR:
Closing price on 25 aug 2014 :60.58
High made 62.2775 on 01 oct 2014
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* T & C Apply
Hang seng: strategy: sell on rise, remove short if close above 23550.
Dax : Trading at make or break level, major fall below 8750 (closing), bullish only above 9500 (weekly close), till sell on rise.
Dow :Weekly wait n watch
EURUSD: Going aggressive long might be risky, safely long only above 1.2990 (closing)
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* T & C Apply.
* Charts & trading levels are only for study purpose.
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The updated trading system will be available with new price within few days.
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