Niftymetals: February 08, 2016

Monday, February 8, 2016

Steel Scripts

Govt.of India taken measures to protect the steel sector......means ?

There is a serious problem is going on Steel Sector.......hence, to face save measures have been initiated by Government...

Major Problem is .....in 2008....there was a huge demand....Companies raised big capex and new projects implemented.........without long term plan......(Corporate Idiots)

Now...all steel plants have over capacity.....running with high cost.....

Hence....don't be bullish on Steel Sector based Govt...action....nothing bullish....

The above message is to share the knowledge........no way related to our trade...

Take Care....

Tough Time

Let us see how our FM is going to handle the Global Melt Down, impact on us...

Now....real task starts....

Nifty as mentioned.....7700 call obeyed our level.....as mentioned in the Gtalk in the afternoon...

Nifty levels will never be posted here.......no free lunch.....

If you wants to make money......do homework......or else........just watch and cry......

No mercy to anyone.......this whole year 2016 is going to be our year......No more free lunch and no more, wasting of time on spoon feeding and posting levels for time pass viewers...

No Demand / No Supply

X X X X X X No Demand and No Supply........X X X X X

Why Gold has moved up in last 3 weeks.....whether everyone started eating Gold or What ?

Why Crude has fallen from 107 to 27 Dollar......everyone going by walk and not using cars ?

Where is the Supply and Demand ?

All Non-sense................only only only price with cyclical reversal is visible in front of us....

Don't waste your time........doing more analysis .....more confusion...

Market and price is moving with simple cyclical pattern......

Price and Cyclical pattern is primary.....all other studies are secondary....

USDJPY - Bleeding

Still...I am maintaining, my statement....USDJPY will bleed further.....and going to be a trend setter for Global Melt Down....

Watch....my levels are always vibrated levels......From 118.70 to 115.64 (CMP)...

No Fundamental / No Economic Date / No Finance Policy / No GDP.....nothing...only cyclical pattern....(rest everything will follow the cyclical)

Let Japan take measures...if they have guts......let them stop fall of JPY........will they ?...........wait and watch....

Knowledge speaks.........I am watching this Idiot Global Trends, since from 1992........only price cycle works.....nothing else.......

Take Care.....

Q3 GDP Grows at 7.3%

Macro Grows.....Nifty Bleeds....

Let us see....who is going to Win.......

Take Care...

Gold - Shorts are in Trouble

Gold has initiated Buy long back and trend in continuing........the above chart is not gold.....but, the above price (other script) will also move with Gold....confirmed the trend is up....

As long as above price is not falling....Gold may not reverse....

There is a lot way to identify the move of other commodity....needs knowledge...

If you have brain......do analysis and identify the above script name and price.....

Crude

Crude Solid 60 ~ 70 point rally can be encashed....

Read the level carefully...take trade....

Gold

Gold Be Cautious.....

Take Care....

Let us Refresh

Let us have nice Break for refreshment......before entering into Commodity Ocean..

Cheers....

Canara Bank - Hahahahahahahha

Canara Bank....what happened..... ?

After hit our Level....corrected almost 5%......why ?

Ask and find out the Answer.....

Go and read our post and see the level.......this is our knowledge....and we know, where to enter and where to exit...

Least bothered about....Bull or Bear...

We trade based on opportunity......