Silver Bear Flag Pattern Formation Expected target 45000 CMP is 49300

Silver Bear Flag Pattern Formation Expected target 45000

GOLD and SILVER and USDINR Bullish uptrends to start ... BUY BUY only

HELLO FRIENDS.  ::  BUY GOLD  30000 CMP & SILVER 49000 MCX RATES :: Bottom in gold is seen at 28500 not expected much down ,, bottom is laced.. sustain above 30500 tgt 35500 - 39000 soon 3 months,, Silver CMP is 49000 support @ 48000 - 47500 not loking to trade below same ... tgt 60000 - 65000... USDINR CMP is 62.8 tgt 65 - 68 soon ... 

NIFTY intrday Bear flag patter breakdown is expected at 5970 expected target 5765

NIFTY forming Bear Flag Pattern Formation in intrday chart from Fridays high @ 6155 to 5950 ; where Pole difference is 205 points and is expected to give breakdown @ 5970 : if sustain trading beiow 5970 for 10 - 15 min will test 5950 amd will retest 5970 - 5975 lvl and continue the bear trend where i am looking at 5765 in near term.... ressitance and stop of 6050 is advise...

CMP is 5984 @ 9.54 am. 

USDINR Elliot wave formation expected target of 75.2 - 82.8

USDINR Elliot wave formation expected target of 75.2 - 82.8

Bull Flag Pattern Formation in USDINR with Base @ 58.65 & 60.4 ...

Bull Flag Pattern Formation 
Base @ 58.65 and 2nd Base @ 60.4
Point D expected to test at 65.15 and reversal is expected fome the support level of 65, if reversal is seen from 65 will try to test 68 level which will be point E and expected Breakout l Level.
Height of the pole 1 is 10.5 & Height of the Pole 2 is 8.75
Expected Breakout @ 68
Target expected - 76.75 - 78.5

Nifty Topout @ 5700 - 5720 a-b-c Pattern formation. Expacted Target 4700 in near term

Nifty looking at the chart is making a formation of A-B - C where point C has retraced by 61.8% retracement of A-B, if this resistance of 5720 is holding then will give a good reversal in market where on lower side 100% expansiion which comes to 4700 is expected to test soon in near term.

India slips to 60th rank on competitiveness. Sep 04, 2013, 11.23 AM IST

Releasing the annual Global Competitiveness Report 2013-2014, Geneva-based World Economic Forum (WEF) today said highly innovative countries with strong institutions continue to top the rankings.

India has slipped to 60th position in terms of its competitiveness globally, while Switzerland has retained its top rank. This is India's lowest ever rank and also 31 places below its peer emerging market China.

Releasing the annual Global Competitiveness Report 2013-2014, Geneva-based World Economic Forum (WEF) today said highly innovative countries with strong institutions continue to top the rankings.

While Switzerland is on top for fifth year in a row, United States has reversed its four-year downward trend to occupy 5th position and Japan has risen to ninth place.

Singapore and Finland remain in second and third positions respectively, while Germany moves up two places (4th). Two other Asian economies, Hong Kong SAR (7th) and Japan (9th), also feature in the top ten of the rankings of 148 economies.

On India, the report said the country continues to be "penalised" for its very disappointing performance in the basic drivers underpinning competitiveness, the very ones that matter the most.

"The country's supply of transport, Information and Communications Technology (ICTs), and energy infrastructure remains largely insufficient and ill-adapted to the needs of the economy," it said.

The WEF report further noted that "notwithstanding improvements across the board over the past few years, very poor public health and education levels remain a prime cause of India's low productivity".

Meanwhile, among Asia's developing nations, Malaysia is the most competitive (24th). At 29th, China remains by far the best of the four largest emerging market economies, ahead of South Africa (53rd), Brazil (56th), India (60th) and Russia (64th).

The gap between China and India has widened from just eight places in 2006 to 31 today. Indonesia jumps 12 places to 38th, making it the most improved G20 economy since 2006.

Asia is also home to some of the world's least competitive economies, including Bangladesh (110th), Nepal (117th) and Pakistan (133rd), which drops for the third year in a row.

Bhutan (109th), Lao PDR (81st) and Myanmar (139th) join the index for the first time.

Among European economies, Sweden (6th), the Netherlands (8th) and the United Kingdom (10th) have fallen. "Innovation becomes even more critical in terms of an economy's ability to foster future prosperity," World Economic Forum Founder and Executive Chairman Klaus Schwab said.

Schwab further noted "the traditional distinction between countries being 'developed' or 'less developed' will gradually disappear and we will instead refer to them much more in terms of being 'innovation rich' vs 'innovation poor' countries."

It is therefore vital that leaders from business, government and civil society work together to create education systems and enable environments which foster innovation, it added.