EURJPY currency pair recently reversed down after the price failed to hold the ground above the key resistance level 164.40 (which stopped the sharp uptrend in last November), standing close to the upper daily Bollinger Band.
Gold recently reversed up from the support level 1980.00 (which formed the daily Morning Star in December), intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from November.
Devarsh Vakil - Deputy Head Retail Research, HDFC Securities on Tuesday said that Nifty broke the 5 session's winning streak by falling 65 points to close at 22032 weighed down mainly by realty and IT stocks.He said that Nifty hit a fresh all .
Nifty futures on the NSE International Exchange traded 17.50 points, or 0.08 per cent, lower at 22,026, hinting at a negative start for the domestic market on Monday.