Thursday, 21 February 2013

Western Vibes

It seems the Federal Reserve has halted its Assets Buying Programe.  At least, the FOMC
minutes suggests so.  This could dry out liquidity to the tune of $ 85 billion on a monthly basis.

This in all probability will have a short to medium term bearish impact.  No wonder that global
indices reacted to that negatively today.


1 comment:

  1. Markets Quantified
    NIFTY 21-Feb-2013
    Current Market Situation :

    NIFTY current close : 5852
    NIFTY resistance level : 5912
    NIFTY support level : 5756
    NIFTY sentiment : positive
    NIFTY dominant cycle period : 15 days


    Levels Tomorrow :

    NIFTY intraday resistance 1 : 5877
    NIFTY intraday resistance 2 : 5905
    NIFTY intraday resistance 3 : 5946

    NIFTY intraday support 1 : 5828
    NIFTY intraday support 2 : 5800
    NIFTY intraday support 3 : 5759

    Markets Quantified

    ReplyDelete