Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

Search This Blog

Thursday, February 16, 2012

SIF Banat-Crisana (SIF1) Technical Analysis 2012.02.16

The previous session of SIF Banat-Crisana (SIF1) issuer generated a sell signal because of price decline below the active support from the 1.2150 RON level.

The resistance area for the next sessions is between levels of 1.2150 and 1.2450 RON and the target for correction (decrease) is given by the large support area of 1.0070-1.0770 RON.

The international markets evolution and the discussions on bailout plan of Greece will have an important say and in case of Romanian market.

No comments:

Post a Comment