http://www.fxstreet.com/technical/market-view/market-morning-briefing/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/market-morning-briefing/2012-01-31.htmlGOOD MORNING! EQUITIES The US markets bounced back well from their day's low to close slightly lower yesterday. The Dow (12653.72) was down 0.05% and the Nasdaq (2811.94) was down 0.16%. Technically, the bounce back on the Dow yesterday has happened from just above the 21-DMA (12518) Support and also there is important Resistance-turned-Support near 12434. These levels will be key to watch for in the coming days. In Asia, most of the markets are trading in the green except for ShanghaiTue, 31 Jan 2012 07:02:05 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2012-01-31.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2012-01-30.htmlGOOD MORNING! EQUITIES World World MSCI (1246) continue to maintain the uptrend started since the last week of Nov’11. As mentioned earlier, we see a crucial resistance coming up at 1300 and if it holds, we can see 1200 on the downside. Euro area STOXX50 (2436) came off by 23pts on Friday. Our support at 2400 is yet to be tested. However if it fails to break above 2500 then the chances are high that it can come below 2400. We have to wait for the outcome of EU leaders meeting in BrusselsMon, 30 Jan 2012 03:55:15 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2012-01-30.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-12-02.htmlGOOD MORNING! EQUITIES After Wednesday's sharp rally, the US marekts had closed mixed yesterday. The Dow (12020.03) was down 0.21% while the Nasdaq (2626.20) had closed slightly higher by 0.22%. After the global central banks' decision to provide liquidity, it will be now the US NFP data that will be key to be watched by the market the release of which is due today. The Asian markets are trading mixed. Shanghai (2370.49, down 0.69%), Hong Kong (18960.61, down 0.22%), and Taiwan (7139.44, downFri, 02 Dec 2011 03:42:17 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-12-02.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-12-01.htmlGOOD MORNING! EQUITIES It was a day of surprise to the market yesterday beginning with the China cutting down their banks' reserve requirements followed by the major central banks announcing a co-ordinated action to support the global financial system. All the markets are trading sharply higher. The Dow (12045.68) was up 4.24% and the Nasdaq (2620.34) was up 4.17%. The Dow has Resistance in 12150-200 region which needs to be watched. All the Asian markets are trading sharply higher. NikkeiThu, 01 Dec 2011 03:59:07 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-12-01.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-30.htmlGOOD MORNING! EQUITIES Even the news that the European officals had agreed to strengthen the bail out fund is not helping the markets and there is not much confidence in the market still which is being clearly reflected in the Asian markets today. The Asians are trading mixed with Indonesia (3719.01, up 0.83%), Newzealand (3251.92, up 0.38%) and Australia (4176.50, up 0.22%) trading higher while Shanghai (2388.32, down 1.00%), Hong Kong (18062.48, down 1.06%), Nikkei (840656, down 0.84%) andWed, 30 Nov 2011 03:36:17 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-30.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-29.htmlGOOD MORNING! EQUITIES The hopes that the Euro zone would move faster in leveraging the bailout fund and strong retail sales over the thanksgiving weekend triggered a sharp rise in the equity markets yesterday. However, the overall picture is still weak and any bounce back rally could be short lived. In US, the Dow (11523.01) was up 2.59% and the Nasdaq (2527.34) was up 3.52%. The Dow has immediate Resistance at 11572.46 (21-Week-MA) and then strong Resistance is seen near 11850. On theTue, 29 Nov 2011 03:34:34 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-29.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-28.htmlGOOD MORNING! EQUITIES The US markets had closed lower on Friday and are keeping up the bearish outlook intact. The Dow (11231.78) was down 0.23% and the Nasdaq (2441.51) was down 0.75%. Dow has a threat of seeing a break below 11000 and falling further to 10700-600 in the coming days/weeks. On the other hand Nasdaq can test 2400-300 on the downside. The Asian markets are trading higher today. Nikkei (8310.69) is up 1.85%, Shanghai (2383.57) is up 0.14%, Hong Kong (17967.36) is up 1.57%,Mon, 28 Nov 2011 03:27:22 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-28.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-17.htmlGOOD MORNING! EQUITIES The US markets fell sharply in the final trading hour yesterday following a report from Fitch on the exposure of US banks to Europe. The Dow (11905.59) was down 1.58% and the Nasdaq (2639.61) was down 1.73%. The Dow is facing strong Resistance near 12200 over the last several days. Having said this the chances of seeing 12500-600 is reducing and we see a threat of a sharp fall from current levels itself. Most of the Asian markets are trading lower except for TaiwanThu, 17 Nov 2011 03:35:44 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-17.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-16.htmlGOOD MORNING! EQUITIES Better economic data (Retail Sales, CPI and Manufacturing index) release from the US yesterday helped its equtiy markets to close in green yesterday. The Dow (12096.16) was up 0.14% and the Nasdaq (2686.20) was up 1.09%. However, the Asian markets are trading lower today all over. Nikkei (8529.98) is down 0.14%, Shanghai (2504.13) is down 1.01%, Hong Kong (19022.12) is down 1.69%, Taiwan (7442.50) is down 0.65% and Australia (4332.40) is down 0.44%. The Sensex (16882.67,Wed, 16 Nov 2011 03:41:56 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-16.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-15.htmlGOOD MORNING! EQUITIES The Euro zone debt crisis is keeping the markets pressured on the downside. After two days of good rally the US markets had closed lower yesterday. The Dow (12078.98) was down 0.61% and the Nasdaq (2657.22) was down 0.8%. The Asian markets are trading lower all over. Nikkei (8567.42) is down 0.42%, Shanghai (2523.29) is down 0.21%, Hong Kong (19340.37) is down 0.83%, Taiwan (7497.51) is down 0.39% and Australia (4350) is down 0.44%. The Sensex (17118.74, down 74.08Tue, 15 Nov 2011 03:34:46 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-15.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-11.htmlGOOD MORNING! EQUITIES The unexpected drop in the US unemployment claims, progress in Greece government formation and better than expected Italian bond sales yesterday has slightly eased the market concerns yesterday after wednesday's sharp fall. The US markets had closed mixed yesterday. The Dow (11893.79) was up 0.96% while the Nasadaq (2625.15) had closed flat. The US is on holiday today on account of the Veteran's day. But the stock markets are open and trading could be muted with lowFri, 11 Nov 2011 03:40:22 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-11.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-10.htmlGOOD MORNING! EQUITIES The market focus/fear is now turning towards Italy and the confusion in Greece to form a new government is also keeping up the uncertainty in the markets. As a result, the equity markets are bleeding all over. The US markets tanked yesterday. The Dow (11780.94) was down 3.2% and the Nasdaq (2621.65) was down 3.88%. With this sharp fall yesterday, the chances of seeing 12500-600 on the upside has reduced and now we see a threat of a Double-Top formation on the Dow chart.Thu, 10 Nov 2011 03:38:20 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-10.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-09.htmlGOOD MORNING! EQUITIES The equtiy markets are trading higher following the news that the Italian Prime Minister would resign. The US markets had closed higher yesterday. The Dow (12170.18) was up 0.84% and the Nasdaq (2727.49) was up 1.20%. The psychological Support level of 12000 is holding well and the Dow has bounced back from its intraday low of 12002.32 yesterday. This keeps alive the chances of testing 12400-600 on the upside. The Asian markets are trading higher all over. NikkeiWed, 09 Nov 2011 05:38:15 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-09.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-08.htmlGOOD MORNING! EQUITIES The US markets had closed higher yesterday with the Dow (12068.39, up 0.71%) closing above the 12000 once again. Nasdaq (2695.25) was up 0.34%. Technically the 11900-850 Support region is holding well for the Dow and is keeping up the chances of seeing 12500-600 on the upside. On the other hand Nasdaq can test 2750-2800 on the upside while above 2600. The Asian markets are trading mixed today as well. Australia (4349.70, up 0.33%) and Hong Kong (19776.79, up 0.50%) areTue, 08 Nov 2011 03:38:25 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-08.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-07.htmlGOOD MORNING! EQUITIES The US markets had closed lower on Friday. The Dow (11983.24) was down 0.51% and has closed below 12000 and the Nasdaq (2686.15) was down 0.44%. The outlook remains mixed. The Asian markets are trading mixed. Australia (4333.60, down 0.20%), Shanghai (2524.42, down 0.15%) and Nikkei (8752.64, down 0.55%) are trading lower while Hong Kong (19947.41, up 0.54%) and Taiwan (7636.15, up 0.43%) are trading higher. The Sensex (17562.61, up 80.68 points) and Nifty (5284.20, upMon, 07 Nov 2011 03:34:40 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-07.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-04.htmlGOOD MORNING! EQUITIES Greece backing away from its proposed referendum on the bail out package and the ECB's surprise move to cut interest rate by 25 bps has triggered a sharp rally in the equity markets all over. Following this, all eyes will be now on the US NFP data release due today. The Dow (12044.47) was up 1.76% and has closed above 12000. The Nasdaq (2697.97) was up 2.2%. While above 12000, Dow has good chances of moving up further towards 12500-600 and the Nasdaq can see 2800 on theFri, 04 Nov 2011 03:34:58 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-04.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-01.htmlGOOD MORNING! EQUITIES The US markets fell sharply yesterday. The unexpected referendum called by the Greek Prime Minister and the trading firm MF Global filing for bankruptcy has brought back the fear in the market and has triggered the fall yesterday. Dow (11955.01) was down 2.26% and the Nasdaq (2684.41) was down 1.93%. Support is there at 11900 for the Dow, a break below it can take it down to 11500 in the coming days. 2600 is a significant Support level to be watched on the Nasdaq. TheTue, 01 Nov 2011 03:39:29 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-11-01.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-31.htmlGOOD MORNING! EQUITIES The US market had closed mixed on Friday. The Dow (12231.11) was up 0.18% while the Nasdaq (2737.15) closed flat. Nasdaq has an important Trendline Resistance near current levels in 2750-75 region which has held well last week. This is significant to be watched. However, the Dow still has little room on the upside for a rise to 12500. In Asian Japan (9096.27, up 0.51%) is trading higher following the government's intervention in the Currency markets. The other markets,Mon, 31 Oct 2011 04:08:26 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-31.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-25.htmlGOOD MORNING! EQUITIES Market is gaining confidence on the EU in resolving the debt crisis and the equity markets are continuing to trade higher. The US markets had risen further yesterday. Strong earnings from Caterpillar added further support for yesterday's rise. The Dow (11913.62) was up 0.89% and the Nasdaq (2699.44) was up 2.35%. The Asian markets are trading mixed today. Australia (4302.70, down 0.25%), Shanghai (2362.33, down 0.34%) and Nikkei (8820.29, down 0.27%) are trading lowerTue, 25 Oct 2011 03:35:19 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-25.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-21.htmlGOOD MORNING! EQUITIES The US markets had closed mixed yesterday. The Dow (11541.78) was up 0.325 while the Nasdaq (2598.62) was down 0.21%. The market is waiting for the outcome of the EU summit this weekend which could decide the further direction of the market from current levels going forward. However, we remain bearish on the market. The Asian markets are also trading mixed. Australia (4227.50, up 0.49%), Shanghai (2335.84, up 0.19%) and Hong Kong (18012.79, up 0.17%) while NikkeiFri, 21 Oct 2011 03:36:05 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-21.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-20.htmlGOOD MORNING! EQUITIES The market remains nervous ahead of the EU summit this weekend. The recent movements in the market is clearly news driven and no one is clear on the actual situation of the market. On the charts the big picture is still weak and we remain bearish on the market. The equity markets are trading lower all over following the news that the talks between Germany and France to resolve the Euro debt crisis was stuck. The US markets had closed lower yesterday. The Dow (11504.62)Thu, 20 Oct 2011 03:48:06 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-20.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-19.htmlGOOD MORNING! EQUITIES The news that Germany and France have agreed to increase the Euro zone bail out fund to $2 trillion triggerd a sharp rise in the US markets yesterday. The Dow (11577.05) was up 1.58% and the Nasdaq (2657.43) was up 1.63%. However, there is no official confirmation on yesterday's news on increasing the EFSF and any contrary news could trigger a sharp sell off in the market. The Asian markets are trading higher. But the late nite news on Spain's credit rating cut by theWed, 19 Oct 2011 03:53:00 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-19.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-18.htmlGOOD MORNING! EQUITIES The comments from the German Finance minister that the Euro zone debt crisis might not find a quick solution triggered a sharp fall in the equity markets all over yesterday. The Dow (11397) was down 2.13% and the Nasdaq (2614.92) was down 1.98%. The Dow can fall further to 11200-180 while below 11500. In the bigger picture 11675-11700 is an important Resistance for the Dow and while below this Resistance a revisit of 10650-00 looks more likely in the coming days/weeks.Tue, 18 Oct 2011 03:47:30 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-18.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-13.htmlGOOD MORNING! EQUITIES The news that Slovakia has reached an agreement to pass the EFSF expansion plan by this Friday has given boost to the equity markets all over. The US markets had closed higher yesterday. The Dow (11518.85) was up 0.9% and the Nasdaq (2604.73) was up 0.84%. The movement in the indices in the coming days will be very crucial. The 11550-600 Resistance region which we have been mentioning for some time is holding as of now. Also important to note is that Dow has aThu, 13 Oct 2011 03:44:00 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-13.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-12.htmlGOOD MORNING! EQUITIES The US markets had closed mixed yesterday. Dow (11416.30) was down 0.15% while the Nasdaq (2583.03) was up 0.66%. As mentioned yesterday, 11550-600 on the Dow and 2600-50 on the Nasdaq will be the significant Resistance region to be watched and the indices has to see a strong rise past these Resistance to ease the downside pressure. The Asian markets are trading mixed following the news from Europe that the Slovakian parliament has rejected the expansion of the Euro zoneWed, 12 Oct 2011 03:38:25 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-12.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-11.htmlGOOD MORNING! EQUITIES France and Germany's commitment to unveil a plan in three weeks to resolve the Euro zone debt crisis has eased the fears in the market a bit and it has triggered a sharp rally in the equity markets. In US, the Dow (11433.18) was up 2.97% and the Nasadaq (2566.05) was up 3.5%. 11550-600 region on the Dow and 2600 on the Nasdaq will be the significant Resistance levels to be watched now and a test of these Resistances looks likely now. The Asian markets are trading higherTue, 11 Oct 2011 03:39:30 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-11.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-07.htmlGOOD MORNING! EQUITIES The US markets had closed higher yesterday following the ECB announcing liquidity measures to help the Euro zone banks. The Dow (11123.33) was up 1.68% and the Nasdaq (2506.82) was up 1.88%. The Asian markets are trading in green. Australia (4237.40) is up 2.54%, Hong Kong (17679.83) is up 2.96%, Nikkei (8618.96) is up 1.14% and Taiwan (7231.13) is up 1.39%. The Sensex (15792.41, down 72.45 points) and Nifty (4751.30, down 20.85 points) had closed lower on Wednesday. TheFri, 07 Oct 2011 05:02:02 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-07.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-05.htmlGOOD MORNING! EQUITIES The US markets bounced back sharply from their day's low in the final hour of trading following the statement from Bernanke that the Fed is prepared to help the economy. The Dow (10808.71) was up 1.44% and the Nasdaq (2404.82) was up 2.95%. Significant to note is that the sharp bounce in the Dow yesterday from the low of 10404.57 has happened from just below the 31.8% retracement level (10428) of the strong uptrend from Mar-09 (6470.11) to May-11 (12876). Now it needs toWed, 05 Oct 2011 04:01:41 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-05.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-04.htmlGOOD MORNING! EQUITIES The increasing fears on the Euro zone debt crisis is continuing to keep the equity markets pressured on the downside. The US markets started off the new quarter with a sharp fall yesterday. The Dow (10655.30) was down 2.36% and the Nasdaq (2335.83) was down 3.29%. The Asian markets are bleeding all over with the South Korea's KOSPI (1687.12) leading the fall and is trading 4.69% lower. Nikkei (8406.33) is down 1.63%, Australia (3949.60) is down 0.28% and Taiwan (6980.98)Tue, 04 Oct 2011 03:55:33 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-04.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-03.htmlGOOD MORNING! EQUITIES The US markets had closed lower on Friday. The increasing fears on the Euro zone debt crisis is keeping the markets pressured on the downside. The Dow (10913.38) was down 2.20% and the Nasdaq (2415.40) was down 2.63%. Dow can fall further to 10450-00 while the Nasdaq can test 2350-20 on the downside. The Asian markets are trading in the red. Australia (3986.30) is down 2.06%, Nikkei (8503.88) is down 2.26% and Taiwan (7068.94) is down 2.17%. Shanghai is closed the wholeMon, 03 Oct 2011 03:46:01 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-10-03.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-30.htmlGOOD MORNING! EQUITIES The US markets had closed mixed yesterday. The Dow (11153.98) was up 1.3% while the Nasdaq (2480.76) was down 0.43%. Although the Dow has closed higher yesterday, the bigger picture still looks weak and it is facing Resistance near 11300 over the last couple of days. Also with strong Resistance in 11500-600 region, we see a threat of a fall to 10450 or even lower in the coming weeks. The Asian markets are trading mixed. Australia (4052.70, down 0.37%), Shanghai (2364.19,Fri, 30 Sep 2011 03:52:43 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-30.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-29.htmlGOOD MORNING! EQUITIES The concerns on the global economy and Euro zone debt concerns are keeping the markets pressured on the downside. The US markets had closed lower yesterday. The Dow (11010.90) was down 1.61% and the Nasdaq (2491.58) was down 2.17%. Most of the Asian markets are trading in the red except for Taiwan (7169.47, up 0.31%) and Indonesia (3528, up 0.40%) which are trading higher. Nikkei (8531.02) is down 0.98%. Shanghai (2368.11) is down 1% and Australia (4042.30) is downThu, 29 Sep 2011 03:47:47 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-29.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-28.htmlGOOD MORNING! EQUITIES The US markets came off sharply from their intraday highs after the news on the lack of consencus from the Euro zone on bailing out Greece. However, the indices managed to close higher yesterday. The Dow (11190.69) was up 1.33% and the Nasdaq (2546.83) was up 1.20%. The Asian markets trading higher except for Hong Kong (18017.57) which is trading lower by 0.62%. Nikkei (8625.40) is up 0.18%, Shanghai (2417.73) is up 0.11%, Australia (4106.20) is up 1.05% and TaiwanWed, 28 Sep 2011 03:36:56 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-28.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-27.htmlGOOD MORNING! EQUITIES The US markets witnessed a sharp rise and had closed higher yesterday. Hopes that the EU officials would come out with some action to contain the Euro zone debt crisis triggered this rise. Dow (11043.86) was up 2.53% and the Nasdaq (2516.69) was up 1.35%. The Asian markets are trading higher following the sharp rise in the US markets. Nikkei (8524.56) is up 1.80%, Hong Kong (17851.31) is up 2.55%, Taiwan (7113.46) is up 3.44% and the Shanghai (2410.36) is up 0.72%. TheTue, 27 Sep 2011 04:09:11 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-27.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-23.htmlGOOD MORNING! EQUITIES Our Chief CUrrency Strategist Mr.Vikram Murarka commented from China that "The situation is BAD. Yuan NDFs in discount to onshore rates. Hong Kong rents down. Gold could be the next BIG FALL and we see 50.30-80 in Dollar-Rupee". The markets are bleeding all over on increasing fears of recession. The US markets tumbled for the second consecutive day. Dow (10733.83) was down 3.51% and the Nasdaq (2455.67) was down 3.25%. The immediate target for the Dow could be 10450 andFri, 23 Sep 2011 03:39:05 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-23.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-22.htmlGOOD MORNING! EQUITIES The Fed Statement that "There are significant downside risks to the economic outlook, including strains in global financial markets" triggered a sharp sell off in the final hours of the trading session yesterday. Dow (11124.84) was down 2.49% and the Nasdaq (2538.19) was down 2.01%. Technically both the Dow and Nasdaq failed to see a strong rise past their respective Resistances at 11500 and 2600 which leaves the bigger picture bearish going forward. A fall to 10650-450Thu, 22 Sep 2011 03:39:18 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-22.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-21.htmlGOOD MORNING! EQUITIES The US markets came off from their intraday highs to close mixed yesterday. The Dow (11408.66, up 0.07%) closed almost flat while the Nasdaq (2590.24, down 0.865) closed lower. The market is waiting for the outcome of today's FOMC meeting. The Asian markets are trading mixed. Australia (4122.60, down 0.05%), Hong Kong (18862.82, down 0.80%) and Indonesia (3735.75, down 0.43%) are trading lower while Nikkei (8721.98, up 0.01%), Shanghai (2457.66, up 0.40%) and TaiwanWed, 21 Sep 2011 03:23:16 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-21.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-20.htmlGOOD MORNING! EQUITIES The US markets closed lower yesterday. The Dow (11401.01) was down 0.94% and Nasdaq (2612.83) was down 0.36%. Although Dow bounced back very well from its intraday low of 11255.25, failure to see a strong rise past 11500 could keep the markets pressured on the downside. Nasdaq has important Resistance at 2630 and only a strong break/close above this Resistance will ease the downside threat. The Asian markets are trading lower as the S&P downgraded Italy's rating andTue, 20 Sep 2011 03:34:22 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-20.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-19.htmlGOOD MORNING! EQUITIES The US markets had closed higher on Friday. The Dow (11509.09) was up 0.66% and the Nasdaq (2622.31) was up 0.58%. Dow and Nasdaq have closed above their crucial levels of 11500 and 2600 respectively. But the chances of sustaining higher are less as the EU Finance Ministers' meeting over the weekend have not come out with any satisfactory solution for their debt crisis which could keep the market pressured. The Asian markets are trading lower. Australia (4165.00) is downMon, 19 Sep 2011 03:56:54 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-19.htmlhttp://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-16.htmlGOOD MORNING! EQUITIES The US markets witnessed a sharp rise yesterday following the news that the ECB will lend Dollars to the Euro area banks in co-ordination with other central banks. Dow (11433.18) was up 1.66% and the Nasdaq (2607.07) was up 1.34%. Nasdaq is just above its crucial Resistance at 2600 and it will have to be seen whether it can sustain above this level. Dow has important Resistance near 11500 which needs to be watched. The Asian markets are trading higher following theFri, 16 Sep 2011 03:37:29 GMThttp://www.fxstreet.com/technical/market-view/info@kshitij.com (Kshitij Consultancy Services)http://www.fxstreet.com/technical/market-view/market-morning-briefing/2011-09-16.html