Wednesday, December 17, 2014

Crude


Crude again trying for reversal.....

The question is it will breakout or fall....

Just do analysis with levels..

I still maintaining till 22nd December 2014...no bottom fishing.....

22nd December 2014...we may get some idea...really Crude Bottomed out or Further Downide rally?

Wait till 22nd December 2014.......

Gold


Gold as posted yesterday,  all short traders flushed out yesterday evening 15 minutes candle movement..also

All longs entered after same candle (assuming breakout)......are flushed out today......

We posted yesterday night (see the above post) no longs.......

One should know the price action/traders pshycology also...apart from levels....



Coal India


My next target is Coal India......After, Reliance Capital / Auropharma

As such we are waiting for opportunity to go short......as such no short trade in Coal India..


Nickel


Nickel second round supply and run was over....now...any rise...you can use selling opportunity...

All shorts positional s/l 1059.80 (EOD Closing).....

Above level is for information and knowledge sharing...

Trade should be based on levels on weekly chart...