S & P Vs Nifty - Knowledge

Below Charts for knowledge purpose (not for intermediate trading purpose)...and you should understand....irrespective of Economy and various issues all indices are moving in the same direction....based on technical....

We should understand...markets are rotating based on cyclicals...

Now almost indices are trading near to top out.....should be careful on making bet on speculative and non fundamental(rigging ) scripts....

Intermediate trade use our Weekly Levels and trade...no need to worry....

If you see the top out, then 100% that is going to be the End of Nifty Story....(as such don't get confuse with these levels...just knowledge purpose this post.).

Nifty Chart

 S&P Chart

Metals - Melted Like Anything

Last week as mentioned any rise sell all metals...as indicated everything has raised (to trap all longs) and again fallen as expected...

Case Study - Aluminium - See how it has reversed and never crossed our sell level...from there it has fallen again..

This is power of Level..

Gold - Follow Up

Refer our above post.......as said "Buy" if close above 27084, "Sell" if close below 26788...

We got opportunity on Thursday night, Sell initiated on 19th September 2014, closing basis (Close was 26653)....yesterday clear gap down (Low was 26461)....and almost 190 points fall....

All our posts are carrying message...you have to read and act....