Nifty - Election View

In 2009, Election results, Nifty has given clear "BUY" indication on weekly chart stays above 3580.34 (weekly closing) target of 4632.66.

Now, what is going to happen in 2014 Results. 

What is the probability.  Nifty will hit 7713 or 5809.

 Definitely we will update our view on 12th May 2014 in our website in Technical Level.

One more information, compared with last election, call and put premium (put together) trading above 480, watch carefully, there is a hidden point in call and put premium. 

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We will update our view in the appropriate time.

CNX IT Index - Positional Chart

CNX IT Index almost trading near to crucial level.

If CNX IT Index closes above 9375 (closing basis), then IT scripts downtrend may stop.

At this juncture avoid going short in IT Scripts. 

Cheers..

IDFC - Positional Chart Review

IDFC positional sell initiated at 121.10 as per positional chart.

Yesterday close was 111.40.  Our target as per chart is 107.50.

Now keep the trailing stoploss at 113.50 and run the Position.

No fresh short at this level.

Cheers.

Gold

We have clearly mentioned 28542 (candle close) below only weak (refer our previous post).  As mentioned it has never breached 28542 and never closed below 28542 almost 15 hours.

After big consolidation it crossed 28678 (refer above chart) and hit our first target 28872.

So, point is no trade for 15 hours in consolidation, once it breaks our level it has reached the target in just 30 minutes.

This is the way of take trade on "Opportunity" not "Intraday".

Learn and Trade.

Gold - What is Next ?

Now the Trend in Gold is Neutral.   Closing below 28542 (candle close) trend may be weak.

Keep patience and wait for entry.

Just relax in Gold.

Lead - Target Achieved

Refer our Previous post on Lead, we have clearly mentioned that lead is going to hit our downside target of 126.10 without any hurdle.

We know what we are posting.  

This is power of our Technical Chart.

Cheers.....

If you Trade without Learning or a Mentor ! ! !

If you try to Trade without Learning or a Mentor.....your pocket will be empty.......

Only broker / Tips Provider and so called Technical Experts can earn and loot your money....

Think and Learn / Have a Mentor..........or else be prepared to make your pocket Empty...

Lead - what is next ?

Lead short initiated at 131.20..........breached all barricades and going towards our intermediate target of
126.10...................This is power of our levels...................

If you want to make money, first learn and trade.......

No Indicators will generate money,  one should know how to "READ CHART".....

Crude - Intermediate Target Hit

See the previous post, clearly mentioned our Intermediate target will hit.....

It hit nicely.....what is next..........read the chart.........and run the position with proper trailing s/l for a target of ...................see the chart and take the level...............

Cheers........

Crude - Nearing to Intermediate Target

Crude is going to Hit our intermediate target 6045...................short initiated at 6253.......

Keep trailing s/l run the position..

Enjoy...............

Bajaj Auto - Target Hit

As said, without Hurdle from the morning our Bajaj was not able to move though Nifty was +60 points in the Morning.......we know it will fall............................we have posted our chart in advance.....no post mortem...

This is the power of our Charts....................

Bajaj Hit our Target nicely as we strongly recommended by us.......

Cheers.....

Bajaj Auto

Bajaj Auto will hit our Target 1920 ........................watch....

Gold

Gold intermediate target 28939 hit.....now exit......again use Daily Level buy in lower level....

Trend change point 28984..................................................

Barley - Intermediate Target Hit

Barley hit our Intermediate target today 1375.........now lower level use weekly levels and trade....

Guarseed

Refer our Guarseed Chart................No surprise for us.........as predicted, today.....

Guarseed Again gap up today 200 points.............Book profit or run the position with profit...

This is the power of Positional Chart......

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