Niftymetals

Tuesday, September 2, 2014

Gold - Blood Bath

No Surprise - yesterday itself, Gold was trading below our crucial level 27967 and blood bath is continuing...

Now, it may take support at 27571....if close below 27571 , then you can see further sell off in Gold.

As Such Gold Sell and Buy...

State Bank of India - Opportunity Trade

State Bank of India Hanging near our level (Red Line).......see the following chart of State Bank of India.

Watch carefully the levels...if you get breakout opportunity...simply buy State Bank of India for a target of 2597.80....wait for opportunity.

As such no long call in State Bank of India.

Nifty 8000 Call Option completed the Cycle from Bottom to Top.

Now, Nifty going long one should be cautious with strict s/l.

As such we don't have any position in nifty.....

Nothing is changed as such....only caution on long...

Crude - Solid Uptrend above ?

Crude if stays above 5841 ....then next targets 5861 / 5891....

Now near 5770 it may take support....

Use Daily level, only on reversal take buy call on crude.

Nifty - Book Profit

Nifty bought above breakout 8108....now book profit and exit...

Don't carry forward position tomorrow..

Now, let everybody run behind Nifty....let us watch happily.

Dr Reddy - WoW

Dr Reddy hit all our targets.......

Still looking hot....we will trade again....

Titan - WoW - Hit Target

Titan - Yesterday itself, we have posted, we are in buyside...

Tital explode today like anything........from 371.80 to straight 388...within a day...we know where to buy...this is our Level....

Our buy price is at 371.80....and our first intermediate target is 386.60...hit nicely today without any hurdle..

Refer our above post yesterday.

Our ultimate next targets 389.90 / 393.40 and ultimate 401+

Now book profit and enjoy.

Nifty - Nice Breakout

Nifty as said above breakout 8108, solid run up...now the final target 8156....

Keep trailing s/l at same level 8108....if you want to run the position.

Dr Reddy - Today our 2nd Call

Dr Reddy - today our second buy call initiated at 2194 - first target 3008.80 and our second target 3013.90.

First target achieved.....keep trailing s/l and hold for next target or else book profit.

Nifty - Trading Near Roof Top

Nifty almost hit the intermediate target (target is 8108)....high is 8097.85.

No more long in Nifty at this level..

Just relax...wait for some correction for long or wait for Breakout.

If you want more clarity check Nifty 8000 call - hit the top...says something...