Monday, May 19, 2014
Gold - Follow up
All our 3 posts of yesterday - Bajaj Auto / Lupin and now Gold - validated our analysis.
Yesterday our Gold post, we clearly mentioned reversal sell....
What happened, today morning gap-up and moved a higher range of 28299 and not able to sustain the level...
From there it has reversed at hit our bottom starting point level of 28106...
Almost it is trading in the same range last 90 minutes...
If breaks 28106 (candle closing), then the target may be 28014....s/l again 28106 to keep the profit trailing stoploss.
Take Care
Cheers
Lupin - Last Level Reversal Trade
Again our Opportunity based trade Lupin, validated our low (yesterday we have mentioned refer our earlier post) 913.60 and bounced to our first target 927.80....profit booked.
We know what we are talking. Again this not a Intraday Trade, this is purely knowledge based opportunity trade.
Enjoy
Cheers..
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