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Fibonacci Retracement

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Sensex closes at highest level in over two weeks

Investors didn't show much enthusiasm in the broader markets as BSE Midcap and Smallcap indices closed 0.17 % and 0.44% down respectively.     Benchmark share indices closed higher, amid......

Why markets will remain volatile in September

The downtrend continued in the markets and a long-term bear market now appears to be odds-on. The global scenario remains volatile. China continues to look like a source of weakness. The US Federal......

Bulls take a break at Dalal Street, what you should do

The major indices, such as the Nifty and Sensex are trading below their respective 200-Day Moving Averages, and a sequence of lower highs and lower lows being seen. Image: The market has seen net......

Rupee at near 10-month closing high; RBI remains active

The rupee rose on Tuesday to its strongest close against the dollar in nearly 10 months as shares surged to record highs after exit polls showed opposition Bharatiya Janata Party (BJP) and its......

Sell the rupee for dollar

Huge currency fluctuations were see last month. The euro, dollar and yen gyrated in both directions.The Swiss have taken desperate measures to prevent Franc strengthening.The Chinese, with their......

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