Niftymetals

Friday, May 1, 2015

Just Do Study

Do some homework in Tata Steel and Sunpharma....

Gold

Gold 26498 level to be watched out for Reversal...

Take Care...

Thursday, April 30, 2015

Crude as posted yesterday...almost hit our breakout target (our target is 3806)....Today high is 3805..

As long as, Crude is trading above 3518......no worries for bulls.....doesn't mean that go long here...(This is overall view...not for our entry point).

Now...Mr.Putin may be happy in the near future.......Mr.Obama's turn is going to be over...

Anyway, we will follow our level....no inventory....no war.....only price movement....

If we get buy - Entry / Stoploss and Target
If we get Sell - Entry / Stoploss and Target.

Nothing Else..

Take Care..

Base Metals

All Base Metals are not yet tired...

Particulary Copper upper yellow line is far away....

So.....avoid going short in base metals.....

Request to my followers....before taking any position overnight....please check with me, next atleast 10 days...because, the trend is breakout...

If you will not understand the cycle...you will be trapped...

Any commodity...we will update....till then...don't act alone...

Take Care...

Keep - Eye on Three Indexes

Nifty / Bank Nifty and CNXIT

Last Expiry was very good....all positions are closed with good profit....no weekend positions..

Now...our homework should be on Monthly Closing / Weekly Closing and Daily Closing... in all three indexes...

Definitely we will enter Nifty and Bank Nifty...when we get opportunity...as such...no position due to long week end.....let us enjoy the Holidays...forget about market...

Nifty closing says some important message for the overall trend (not the reversal).....more important for the future trades for next 2 or 3 months....

The analysis will be uploaded tomorrow in the login area...one must read...

More important....not related to our regular trade...

Wait for Tomorrow....

Bharat Forge - Sharing Information

Bharat Forge yesterday gap up open.....as usual everybody might have gone long....

After gap up open...not even a single candle closed above the High....so.. long is not confirmed..

As per rule....it will validate the level of closing candle of day before yesterday and move again...

The same thing has happened.....it has fallen today and not broken the day before yesterday closing candle close and resumed back to high...

So...yesterday we have posted sell....moreover...our daily chart it was trading in the top...

Simple....this happens almost 80% of time....needs home work....

Natural Gas - Follow up

Natural Gas our take was near 161.10 to Buy.....

However....without validating the bottom it moved and freezed.......

No problem.....definitely we will get opportunity in Bottom again...

Take Care...

Gold - Importance of our Post

Now...one should understand the importance of our post....on "Gold".

Always....we use to post...to guide and alert to our followers and learners.....

My follower will never have long positions in the top...

Moreover...if we want to go long in Top...again it has to close above the Level...

Last two days Gold has not able to close above the level....today also, it was consolidating in the top...

Hence, we have posted the Gold Alert post....

Clearly mentioned close above (daily candle) only rally and next target for sure....chart is also daily candle...

Message is our followers and learners are not trapped in this 700 points down tick...

We are safe....

Understand....all our posts are carrying important messages and we never post anything for Time Pass

Learn and Earn...

Take Care..

Crude - Follow Up

Crude also hits the top and consolidating...close above red level (closing) further Rally...

So...be cautious in Crude Long Trade.....

Obey and follow the level....otherwise, will be trapped in swings...

Gold - Follow up

In our previous post clearly mentioned.....consolidating...close above break out level...further rally...

Now..what happens...700 points down tick......

Atleast...one must understand...how the levels are playing important role...

Now Blue Level acts as downside consolidation.....

So...be cautious in Gold....either short or long...

Take Care...