Monday 8 April 2013

Technical view by Nooresh

Technical view by Nooresh

Brent Crude Technical View

Posted: 08 Apr 2013 10:50 AM PDT

BrentCrude thumb Brent Crude Technical View

 

-> Brent Crude seems to be finally making a breakdown below 104 levels.

- > Can it see a drop to 97 in coming days is what needs to be seen.

 

On the other hand Nifty continues to show positive divergence and we may be very closing to forming a bottom in coming days.

Its a time for investors to continue to nibble. The gut feel from my end is expect better times from June onwards and next 1 month is a good time to accumulate.

 

Regards,

 

Nooresh Merani

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