Monday, May 19, 2014

USD JPY



USD JPY is trading near the crucial point..

Last hope 101.01..it cuts and close below then next stop 99.64...

Watch..

We will post the significance of this analysis later stage..there is a relationship for our trade..


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


Tomorrow our Opportunity Picks



Tomorrow our Opportunity will be on Asian Paints / Ambuja Cement and Auro Pharma..

Watch..

No Intraday...if we get trade we will trade or else..we will wait for our opportunity.

Take Care.

Cheers..

Soybean



Soybean is on sell Mode,  Immediate target 4352 and 4285.

Sell on Rise..

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..

Bajaj Auto - Opportunity Trade Hit our Target



Bajaj Auto, we have posted in advance. this is our knowledge.

Yesterday refer our post on Bajaj Auto...we clearly mentioned our call is on Sell Side.

This is Opportunity based trade and this is not a "Intraday" trade.

Today sell initiated at 1937.60 for a target of 1903.50.

Achieved..