Sunday, February 21, 2016

WEEKLY TREND;21/2/16

1.Volatility till Budget and F&O.
2.BDI low $ 315.200 DMA 696.
Global Trade low and hence economy is in trouble.Global Debt is also very high.Banks are in trouble due to the derivatives.
3.Gold Rs 29515/10 rams
4.Silver Rs 37517 / Kg
5.Rupee 68.46 V $.This is bad for  equities.But China has started a stimulus of $ 25 Billion,as per reports.
6,US Dollar Index 96.59
7.Brent $ 33.10/bbl
8.BitCoin $ 437
9.NG Rs 124/mm Btu

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