Sunday, May 25, 2014

Gold



Gold in Dollar Terms if closes below 1278, then we can see big sell off in MCX Gold further downside towards 26026 (Gold October Contract).

Take Care..

Cheers..

USD INR



USDINR says Nifty is trading in crucial level..

Watch carefully USDINR chart and you can easily predict the trend reversal of Nifty.

We will update our report when trend reverse..

Potato




Potato sell initiated on 6th May 2014 at 1350..

Our first target 1277 achieved and going towards our Bear Target 1245.81..

Potato Sell on Rise.

Take Care..

Cheers..

Crude Oil



Crude trading above 6079 (closing basis) intermediate trend may be up...towards 6143 and 6207.

Now any long trade s/l will be 6074....

If crude stays above 6207 (closing basis), solid uptrend may resume.

Take care

Cheers.