Posts Tagged ‘Update’

Gold :$ 1141.50 is Last Hurdle

Wednesday, March 3rd, 2010

GOLD-3rd March

In my last update on 20th Feb’10,I had written it will face Hurdle at $ 1134-1141.50.It kissed $1131.50 & crashed upto $ 1088 level and there after taken U-turn.

Again Yesterday made high of $1137.60.

Now ,What to expect ?

Just watch $1141.50 level.Two consecutive close above this level will take to $1164-1171.50 level.

-Don’t panic  at lower levels.

-I will update MCX levels to our Subscribers.

Updated at 6:34/3rd March/Baroda

Post to Twitter

Crude Oil :MCX -Update

Friday, February 26th, 2010

Crude-MCX-26FEB

Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic.

What A Rally from 3275 to 3727 level.

In Four Trading session crashed to 3585 level.

Now ,What to expect from this level ?

eye9Decisive break below 3585 level and close below this level will take to 3501-3473 in hrs only.

Real Strength above 3720-3725 only.

More Update to our Subscribers

Updated at 8:09/26th Feb/Baroda

Post to Twitter

Nasdaq Composite :Update

Wednesday, February 24th, 2010

$Comp-Update

From recent low of 2100 flared nonstop upto 2252 level.Yesterday after hitting a low of 2205 it closed at 2213 level.

Now ,What to expect ?

eyes-level

Decisive break /close below 2205 for two sessions will take to 2176-2167 level.

-So 2205 is crucial support for Short Term Traders.

Updated at 6:31/24th Feb/Baroda

Post to Twitter

Crude :Will kiss and cross 3810 -3843

Saturday, February 20th, 2010

Crude Update

Monthly chart indicates once closes above 3844 for 3 days will take to 3980-4274.

Day Traders ,Have a close eye on 3710 level.

-Two consecutive close above this level then expect nonstop rally upto 3810-3843 level.

(From recent low of 3275 had spurted upto 3717 level ,so in short term looks highly overbought)

-Weekly/Monthly chart indicates uptrend to continue.

-I will update more to our Subscribers.

Updated at 10:21/20th Feb/Baroda

Post to Twitter

Gold-Silver :Update

Saturday, February 20th, 2010

Gold Update

GOLD-COMEX-20Feb

-$ 1134-1141.50 are Major Hurdles.

Crossover /Close above 1141.50 for 3 consecutive days then will see $ 1164-1171.

GOLD-MCX-20FEB

DaY Traders ,Watch Rs.16886 level.

Crossover/Close will take to 17104-171176 level.

Be cautious @ higher levels.

 

SILVER-MCX UPDATE

MCX-SILVER

Thirsty Traders ,Just have a eye on 25656-25826 level.

-Once crosses /Closes above 25826 level then another round of explosion will start.

-Three consecutive close above 25826 will take to 26340+ level.

Do u want to know Trend of Precious /Base Metals/Crude ..join us.

Updated at 9:07/20th Feb/Baroda

 

 

Post to Twitter

USD -Euro Index :Update

Friday, February 19th, 2010

US INDEX-MONTHLY

Refresh your memory and see from ,What level Iam Bullish in USD an US Dollar INDEX.

Above is the Monthly chart.

My Target intact :Heading towards -81.91-82.87 level very soon.

Euro Index

Already last week ,I had given alert :Below 136 level it will be major problem for Euro.

I expect 130.83-129.12 level.

Will update more to our Forex Traders.

Updated at 8:14/19th Feb/Baroda

Post to Twitter

Tata Steel :Crucial support 567-563

Thursday, February 18th, 2010

TATA-STEEL-UPDATE

My first call of day was :Sell Tata Steel below 580.Stock will slide to kiss 567-563 in panic.

-Made low of 568.70 and now at 14:22 hrs trading at 574.50 level.

-Yesterday’s high of 584.50 is major Hurdle.If crosses then Laxman Rekha at 589-598.

-Seller will be winner only.

The qualities essential to the equipment of a speculator are judgment, self-reliance, courage, prudence and pliability. To these could be added another quality, patience.

Updated at 14:25/18th Feb/Baroda

Post to Twitter

Tata Steel :Watch 582.50 level

Wednesday, February 17th, 2010

TATA STEEL-SELL SELL SELL

sellit

From 517 to 576 in just 5 sessions.

-Somebody was knowing results ?

-Is this not manipulation ?

What chart says ?

Thirsty Traders ,Concentrate on 577-582 level.

While updating at 9:52 ,Stock trading at 574 level.Made high of 576.30 in Futures.

Take a RISK of 8 or keep stoploss of 582.50 & Go short.

Now below 572 if trades with volumes and not crosses 582.50 will take stock to 561-557 & there after 546-542 level in hrs only.

-Just see stock price movement from 11 till 12:30.

-Don’t trade blindly !!

Intraday update at 9:54/17th Feb/Baroda

Post to Twitter

Gold -Silver :MCX Update

Wednesday, February 17th, 2010

goldbarsforu

“One common adage…that is completely wrongheaded is: You can’t go broke taking profits. That’s precisely how many traders do go broke. While amateurs go broke by taking large losses, professionals go broke by taking small profits.”

GOLD -MCX :From recent low of 15950 in just 10 sessions it had zoomed to kiss 16760 level.

-It was not able to break 200 Day moving average.

Now ,What to expect from this level ?

-It will face Hurdle at 16814-16886.

-Suppose crosses 16886 then will kiss 17104-17176 level.

On going rally is of corrective nature ,just be cautious at higher levels.

silveralert

Completed lower target of H& S.

From recent low of 23610 already flared upto 24860 in just 10 sessions.

-Hurdles at 24974 ,25144 level.

-Crossover above 24860 with volumes ….catch it.

Yes ,still trading below 200 Day Moving average.

Will update more to our Subscribers.

Updated at 6:14/17th Feb/Baroda

Post to Twitter

Copper -MCX :Update

Thursday, February 4th, 2010

COPPER-MCX-4th Feb

Dear Readers & Traders just see on 12th Jan’10 ,What I had written about Base Metals.

 

Click here and see power of chart and our vision.

Already from 354 it had crashed to 301 level.

Now ,What to expect ?


Weekly Box chart indicates 295.50 is Last Hope.

-Break below 300 will take to 295.50 & two consecutive close below 295.50 will take to 280-275.50 level in panic.

-Not Today/Tomorow…But very soon will  kiss Rs.250 level.

From Last 2 months we are Highly Bearish in Precious Metals/Base Metals and were Bullish in USD….Refresh your memory !!

More updation for our Subscribers.

Updated at 6:48/4th Feb/Baroda/India


200SMA at 299.

Post to Twitter