IDFC hit its life-time high in 2008 at around 235 & is now at 50% of that at around 112. Two attempts to rally since then, one in 2009 ended with a lower high and another in 2012 ended with an even lower high of 185 in January 2013. The lows however have been haphazard, sometime making higher lows like in 2011 & a lower low recently in 2013.

Looking at the chart recently we've seen a rally from 75 to a recent close of 126, a price appreciation of 50% in about 3 months. But the real question is whether this rally will sustain in the long term for investors. We see the stock facing major resistance in the range of 113.5 to 126.5 with resistance points at 113.5, 120 & 126.5. This zone will prove tough for the stock to move up & even if there is a move above this, then the stock will have to wait & Stabilize above 120 for a long period of time in-order to rally further higher. Any volatile moves above this zone will be not worth investing yet & may be cut short abruptly.

Support levels for the stock are seen at 98, 93.5 & 88.5. The support level at 93.5 is the strongest available for the stock as of now & any price action below this will signal the end of the present up-move & will confirm this up-move to be just an intermediate trend.

The stock will not be a good investment bet any time soon, we see this to be an intermediate trend against the major trend as of now. To change that the sock will have to consistently sustain above he price point of 120. Until then the stock is still in a bear market.

Crude oil has largely remained sideways for the last three years since topping off in 2011. The commodity has since twice attempted to break towards the high of 2011 at $114 & failed. Both the attempts to reach 114 are market on the weekly chart. The first attempt, after the dip from the high of 2011, started off with a very weak base and found heavy resistance above 102 & immediately failed with an almost vertical decline to a low of $75. Since then Crude Oil has largely remained sideways until recently in 2013. The second attempt was definitely backed-up with a much larger base, of over a year, but quickly found resistance at the important level of 101. We did see a high of 110 but the breach of 101 showed that the commodity was weakening & called for an exit.

Now Crude Oil still looks to be weak & after failing to hold the important support at 101 it's heading towards some major support levels. Supports for crude lie at 97.75, 95.8, 90.8 & 87.5. From 97.75 to 95.8 is a very important support zone, the commodity will have to hold this zone strongly to continue the up move; else we might see it slip lower quickly. Below this there are some minor supports at 90.8 & 87.5 but breaching below the support zone from 97.75-95.8 will mean that the commodity will find it very difficult to move up-wards.

Resistance levels are at 102.3, 106.6 & 110.7. The price point at 102.3 is very critical for the health of the commodity, gaining this price level & remaining above this will be detrimental to the future of Crude Oil as of now. The commodity does not only have to move above 102.3 but will also have to form a base above this for a few months, then & only then will we see it move towards much higher levels. There is also a minor resistance above this at 106.6 & a larger resistance at 110.7.

As of now Crude Oil looks to be weak & is facing strong resistance at 102.3 & will remain so until it moves and remain above it. The weakening commodity is at it's critical support zone as of now & it will be interesting to watch its price action over the coming weeks.

Click to enlarge - Crude Oil NYMEX Weekly Chart

The first entry signal in Apple Computers (AAPL) was during the first week of August 2013 as indicated on the chart above, we spoke about it in this video - http://www.youtube.com/watch?v=OjTwFcecnXo. We also at that time spoke about a re-entry opportunity in the stock i.e. around the mid of September 2013 when it dropped over 10%. Since then the stock has held its pivots very well, it has moved up somewhat & has maintained its bullish stance, so this means it is still a good re-entry opportunity for new investors with a very small stop-loss at present.

The pivots to watch  have changed somewhat since the last time we looked at it.  New support levels are at 466, 440 & 432. We see the stop-loss for the present trend at 466, below this the other two support levels could hold, but the stock might turn turbulent & loose some steam.

Resistance levels as follows : 514, 550 & 585. The recent high at 514 is a minor resistance, crossing this should not be a tough task for the stock. But it is an important resistance because moving above & closing higher than 514 would make a simple higher high, hence approving the trend again for the first time since August. Further targets and resistances are seen at 550 & 585. The resistance at 585 is the more important resistance & we might see the stock struggling for a while at this price point. Breaking through 585 & closing over this price significantly would be highly critical for the stock to remain bullish in the future.

The stock has signaled a bullish move & has remained largely sideways to up-wards for the last few months, as of now we do see the stock to be bullish & AAPL is still a very good re-entry opportunity with a stop-loss at 466. The stock at the present prices has a very low opportunity cost for investors.

Gold took off at the end of July, right after the break of an important pivot 28288 and headed for a very critical resistance at 35074.
We had covered this in our older video on gold here - http://www.youtube.com/watch?v=KlOwXyi0duc

Coming to the present, Gold has since then failed to cross over this critical resistance at 35074 even after making a new life-time high. After failing to sustain at higher levels we took an exit signal at the break of support at 30491 and in the last trading week we've seen the precious metal slip further lower, recently closing at 28441.5.

We're still out of Gold & would suggest investors to stay out for a while until & unless Gold does not breach important resistance levels. Strong resistance levels for Gold lie at the recent high 35074, but more importantly at 32735.5 & 31828.5, minor resistance lies at 29385. Since the commodity is moving lower, as of now we need to look at support levels which are at 27875 & 25635. Breach of support at 27875 would not be a very good thing for the commodity; as it will weaken further & the lower support mentioned below that at 25635 is only a weak support.

To move up and continue the bull run, Gold will have to sustain above the recent closing price & well above 32735. The zone between 32735 & 27875 will act as a sideways zone & Gold will have to break above this to be ready for investors to enter in it again.

In the video I'll talk about the USDINR Forex pair or the Indian Rupee. The Rupee took a large tumble recently, we're going to take a look at the USDINR pair chart & give you an update on what's happening with the trend that we've seen recently. I'm also going to take a look at some of the major/critical resistances & supports & name them for you in this video.

http://www.youtube.com/watch?v=fdxg32iyu8o

http://www.youtube.com/watch?v=xjUPXEXbkvI

A re-entry opportunity in Apple Computers
In this video I'm going to look at Apple Computers (AAPL). The last two times we looked at Apple Computers, the first time we had returns of around 300% & the second time more recently we had returns of over 60%. Now Apple Computers seems to be coming back into the game & we're going to talk about how you can enter this stock. There has been a recent drop of 10% in the price, which is actually good news because it might be a re-entry opportunity for investors who've missed out over the last 2 months when we had advised an entry in Apple. Do watch the entire video to find out how to re-enter in Apple Computers & also know the critical supports & resistances to keep track of.

http://www.youtube.com/watch?v=OjTwFcecnXo

In this video we're going to talk about the NSE India index futures i.e. the Nifty Futures 1st Month & we're going to look at why since the 11th of January 2013 we've called a bear on the index futures & how it has panned out since then & how it has come true. We'll further look at what has been happening since the last one month & the fact that we've been seeing extreme bouts of volatility. While we look at all this we'll also try and predict the future of the Nifty/Sensex & see if it is investment worthy at this moment.

English Video -
http://www.youtube.com/watch?v=hi-OEYOtm_c

Hindi Video -
http://www.youtube.com/watch?v=uzIf6CmRr2A

In this video we are going to talk about the Dow Jones Industrial Average (DJIA) & look at the rally that has been happening since the last 12 months. We will also look at the high probabilities we're seeing that the DOW might top-off very soon & we'll also talk about the new support & resistance levels where this can be predicted.

Biocon is one of the few bullish stock that's showing a lot of momentum at present. In our new video we discuss Biocon, supports & resistances & also the appropriate stop-loss for the stock as of now. Do watch the videos in the language of your choice i.e. in Hindi or English & get the details on the stocks new targets.

Biocon a bullish stock English Video -
http://www.youtube.com/watch?v=w5hu_M43z4w

Biocon a bullish stcok Hindi Video -
http://www.youtube.com/watch?v=fZt8bycML6Y