Saturday, June 14, 2014

USD INR

  

USD INR still positional buy has not initiated (originally positional short initiated in October 13 - Refer above chart)..



However, now intermediate reversal has happened in USD INR in the beginning of  the week...

Almost trading near the breakout target....(Refer below chart).




 

Just Caution



Most of the scripts are almost trading near to crucial level.....take trade after clear confirmation on weekly level always...

Moreover,   Bank of Baroda / Bank India / Yes Bank / Bharti Airtel / BHEL / Adani Enterprises / LIC Housing and ZEEL..trading below the crucial level.... (Read the chart carefully before taking any long in these scripts).

Take Care...

Voltas - Opportunity is waiting


Voltas is trading in the top.....If we get Sell "Signal" and if price cuts close below our solid Redline, then solid sell...

As such no short....do homework and wait for opportunity in Voltas...

Take Care.....

ONGC


ONGC is giving good opportunities both Buy & Sell..

Watch carefully and trade with s/l....

Now, wait for next trade and setup....

Turmeric - Opportunity is waiting


Turmeric Opportunity Buy "Signal" initiated....however, close above our solid red line, initiate buy and enter the long trade...as such wait for confirmation close above redline..

Targets and s/l refer weekly level and do home work..

Take Care...

Gold - Follow up


Gold initiated solid by and hit our weekly level nicely....

Now, use dip and take trade....refer weekly level and analyse..

Gold solid uptrend (yellow line) far away from current market price..

Take Care..

Silver - Follow up


Silver almost moved to our extreme  upside target...

Now always use dip on entry....refer weekly level and take trade...

Further solid uptrend once close above yellow level....