Crude - Update

As reviewed earlier, Crude is holding 92.34 level (daily closing).............................

Take trade as per our level...................................................................................

Gold - Update

As reviewed earlier, immediate uptrend level 1268 is still visible................................................

Breaking Below 1215.64 we can expect selling in Gold.......................................................

Why closing price of the candle is important - Study Crude

Any technical, closing price of the candle is more important (any time frame)

Take the case of Crude, Trend change level (uptrend) 6152.67.

On 1st January high is 6170 - Close is 6130 - Reversal Failed (Rejection)

On 2nd January high is 6170 - Close is 6002 - Again Rejection.............

Message is crude is not in Buy Mode..............................................................

JSW Steel

Longterm Buy initiated on 19th September 2013..........................................................

JSW Steel almost reached our Top Level......................................................................

Now trade carefully while taking long............................................................................

Dr Reddy

Long term buy initiated on 29th August 2013..............................................................

Dr Reddy again break out on 9th from 2546.80 level...................................................

Avoid Cairn India

Very longtime Cairn India is struggling between non trading range.   So, don't trade in Cairn India.

Crude

Chart is here, read and trade...........................................................................

Copper

Copper trading near 454.25, close below this level.........................................

Read the chart and trade................................................................................

New Concepts from 15th January 2014

On 15th of January 2014 we will implement new concepts to approach the market in different dimension.

Change and improvement is the only thing permanent in our life.

All our old concepts will be "SCRAPPED" and new thing will be implemented.

All our old clients ("EXCEPT SOME CULPRITS") we will implement the same in the appropriate time.

Keep in touch with us for implementation.   If possible visit our office and try to understand the concept before implementation.

All the best.

Infosys Results

As predicted Infy is up. Cheers..........Cheers................Cheers...................Cheers......

We know what we are doing....................................................

Complete write-up for our recommendation will be posted in our website for knowledge purpose.


Use Login ID and read.

Crude

Crude may take support at 5744.05, if breaks then 5562 / 5482........

Any long s/l is 5744.................................................................  

International Crude last support 92.34 .....

Infy - Result our view

As per as our concern, we will go by our logic.  Closed above 3447 - no "SHORT" in Infy.

Let us see what happens tomorrow, No regrets if it fails.....................................................

Mr.Murthy is also trying to climb further................

Infy - Results our View and Trade

Infosys Charts  posted  www.niftymetals.com technical column.

Take position as per that.........................................................................

Buy or Sell........................just login and see...........................................

We will update after 3.30 here..........................................................what we have done.

Think ! ! ! !

The more you use your intelligence, the more you get confused....................................

The more you watch each & every moment of the market, the more you get confused..

The more you keep changing your views on  market, the more you get confused...

Present movement of the market is valid, so take trade on present move......................

Earning Season - Infosys Kicks off the season

Infosys Ltd will kick off earnings on 10th January 2014....

As per last week close, My view still upside target 3953.50.......(First View)...............

Let us wait for 3 days.................................any change in view, will be updated.........

On 9th, before market close I will update my view in technical column of www.niftymetals.com.

Gold - MCX

Gold movement is good, take both and short whenever it cuts levels from top to bottom and bottom to top.

How to Read this chart.......................


                    First Trading Level  28682  (always we can go long above this and short below this - 100                                                                        points profit )

                   Second Trading Level  29041 (always go long above this target is 29155)

                   Third Trading Level 29155 (always sell below this level target 29041)
 
                   Fourth Trading Level  29340 (always sell below this level target 29155)
                   
Ultimate Level 29823 / 29937 / 30122  - good level to take good trade.