ONGC

ONGC fired like anything....

Ultimate top-end may be 472....

Take care..and be happy..

Crude - Miracle Bottom Buy Opportunity

Crude, hit our miracle (weekly level) bottom and reversed.....

As such trade is closed..

No positional long....

Take Care...

Gold - Miracle Level Bottom Buying Opportunity

Gold today our Miracle Level Bottom validated and reversed....

Technical Bull Back Level, solid 300 points movement...trade closed.

No more trade and now don't carry over any long...

This is purely miracle level logic trade opportunity.... needs homework..

Take care..

ONGC

ONGC trend is intact as long as not closing below 403.88..

First Target hit 425.85 and Second Target 432.10 (today high was 431) and Final Target 443.61...

As such any dip and only on reversal buy ONGC....always keep s/l on Hourly candle closing basis...

We will enter again in the appropriate time...

We are responsible for only our clients entry (because we know how to read our level and take trade)....other viewers, please take your own view and trade...

Nifty - Technical Views

Nifty Positional Levels

Nifty, as we indicated in previous post, closed above 7441, again uptrend intact....

We have told last week post itself, nifty uptrend is intact..

We (self & our clients) definitely trading only longs in Nifty...we know when to go short in Nifty..

Nifty Top and Bottom Levels - Intermediate Trend

 

Nifty, last week started falling from the Top and this week started raising from the Bottom.  This is how you should analyse and take trade...

Technical is  not only "Buy / Sell Indicator" , you should have the knowledge to read the chart...

Our clients are trained by our Knowledge and not with any indicator or any useless stuff..

Our level speaks

Take care..

Nifty - our view

No Short as such in Nifty.

Nifty is closing above important resistance level 7442....

So, our advice atleast don't hold any shorts....time being..

Aluminium

Aluminium (running from trend reversal point 105.70) now major hurdle and target is 110...and now keep stoploss 108.34 and hold the position.  

No fresh long here...

Copper

Copper has broken our trend change line (Refer RED LINE) in 7th January 2014...

In May 12th and 26th tried to close above the level (Refer Red Line)...failed..

Today again making a attempt to change the trend..

As such our trade in copper is "Neutral"...

We will wait for solid buy mode..

Crude

Crude Short (level 6110) now revise trailing s/l to 6091 (keep profit trailing s/l ) and keep the target 6057.

Lead - Target Hit

Refer our previous post, Lead (June Contract) our Target 125.30 hit nicely.....

Check our s/l never hit.....

This is the opportunity...entry and exit.

Lead

Lead opportunity buy initiated at 124.10....now keep trailing stoploss at 124.30 and run the position for a target of 125.30..

Nifty - View

As such Nifty is holding the uptrend level of 7188...

No positional short in nifty...

Sunpharma

Sunpharma, our trade will be on Long Side.

Use weekly level, only on dip and reversal you to have take long.....

Otherwise only above weekly level breakout...read our chart and take trade.

Take care..

Grasim

Grasim we have identified for opportunity based trade.

Watch...

We will post our view in the appropriate time..

Take care..

Miracle Selling point of Adani Enterprises

Adani Enterprises, purely operated by some sources (this was the news in the market)...

Our point is, even operators can't violate our Niftymetals Miracle Selling Level.  

We (our clients) know how to arrive these levels and use it.

All Indicators can fail...but, our knowledge based levels will never allow our clients to fail...

Miracle Level Selling and Miracle Level Buying

How to read the Chart...

                        -            Simple.

                        -            Top yellow level - Sell

                        -            Bottom yellow level - Buy

                        -            No Stoploss

This strategy can be used for selling call and selling put option, whenever we will get a opportunity in the top or bottom level.

or

Can be used for trading in Futures, because our risk level is almost zero at this point....

Doing this, you should need homework and you should know the level..
 

 Top Level Sell Validated Technical Charts -  last Fortnight

Nifty

BPCL

Bank Nifty

ICICI Bank

Tata Motors

 Bottom Level Buy Validated Technical Charts -  last Fortnight 

Jindalsteel

Glenmark

 

Dr Reddy