MARKET OVERVIEW: DOWJONES HAS STRONG SUPPORT LEVELAT 12200 ABOVE 12200 WILL TRY TO KISS 12400-12700 LEVELS INTHIS RALLY, BUT WILL NOT SUSTAIN FOR LONG TIME.
ANY RALLY IS GOODOPPORTUNITIES TO SHORT AT HIGHER LEVEL OR BOOK PROFIT OVER ALL TREND WILL BEDOWN VERY SOON
DOW JONES: NEW TRADINGRANGE IS EXPECTED BETWEEN 12300-12700-MAXIMUM CAN RUN UPTO 12900 –SHORT ON ANYRISE ABOVE 12700 WILL FALL VERTICAL
GOLD: REAL POWER ONLY ABOVE $1680 BELOW $1680..........TRADINGRANGE BETWEEN-$1670-$1610, ABOVE $1635 IF SUSTAINED WILL TRY KISS $1670,BELOW$1635 WILL TRY KISS $1620....1610 LEVEL
20/1/2012INTRADAY TRADING LEVELS | FTSE 100 | DAX 30 | CAC 40 | Dow Jones | S&P500 | Nasdaq 100 | Gold |
BULL RALLY | 5794.7 | 6507 | 3385.57 | 12688 | 1322.75 | 2458.15 | 1676.7 |
UP BREAKOUT | 5776.85 | 6476.75 | 3366.69 | 12666.7 | 1320 | 2452.67 | 1669.4 |
SELL | 5759 | 6446.51 | 3347.82 | 12645.3 | 1317.25 | 2447.18 | 1662 |
PIVOT | 5726.08 | 6390.1 | 3310.06 | 12604.5 | 1312.74 | 2440.11 | 1655.4 |
BUY | 5708.23 | 6359.86 | 3291.19 | 12583.1 | 1309.99 | 2434.62 | 1648 |
DOWN BREAKOUT | 5675.31 | 6303.45 | 3253.43 | 12542.3 | 1305.48 | 2427.55 | 1641.4 |
BEAR RALLY | 5657.46 | 6273.21 | 3234.56 | 12520.9 | 1302.73 | 2422.06 | 1634 |
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