Posts Tagged ‘Update’
No Magic -No Miracle ,Just see in my last update for this metal on 20th Feb ,I had written it will zoom to kiss 1040..when it was trading at 953 level.
-Just 4 days back it kissed 1053 & started falling.
Now just watch 1012 level.
Break below this level will create panic selling.
-Watch slide upto 987-979 level.
Short Term-Trend Down
Medium/Long Term :Up only.
Don’t trade Blindly if u face any problem just send me 
Updated at 10:35/9th March/Baroda
 
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 $1164-1171.50 level.
-Don’t panic at lower levels.
-I will update MCX levels to our Subscribers.
Updated at 6:34/3rd March/Baroda
Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic.
What A Rally from 3275 to 3727 level.
In Four Trading session crashed to 3585 level.
Now ,What to expect from this level ?
 Decisive break below 3585 level and close below this level will take to 3501-3473 in hrs only.
Real Strength above 3720-3725 only.
More Update to our Subscribers
Updated at 8:09/26th Feb/Baroda
From recent low of 2100 flared nonstop upto 2252 level.Yesterday after hitting a low of 2205 it closed at 2213 level.
Now ,What to expect ?
Decisive break /close below 2205 for two sessions will take to 2176-2167 level.
-So 2205 is crucial support for Short Term Traders.
Updated at 6:31/24th Feb/Baroda
Monthly chart indicates once closes above 3844 for 3 days will take to 3980-4274.
Day Traders ,Have a close eye on 3710 level.
-Two consecutive close above this level then expect nonstop rally upto 3810-3843 level.
(From recent low of 3275 had spurted upto 3717 level ,so in short term looks highly overbought)
-Weekly/Monthly chart indicates uptrend to continue.
-I will update more to our Subscribers.
Updated at 10:21/20th Feb/Baroda
-$ 1134-1141.50 are Major Hurdles.
Crossover /Close above 1141.50 for 3 consecutive days then will see $ 1164-1171.
DaY Traders ,Watch Rs.16886 level.
Crossover/Close will take to 17104-171176 level.
Be cautious @ higher levels.
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
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.
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
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
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
“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.
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
|
|
