Gold - Achieved next target

Gold reached the next level 26618....

Yesterday close was 26775 to 26618...with out any hurdle..

Simple....logic...

Now...simple pull back and reversal...we can initiate trade again...

Wait for opportunity....

Today - No Trade

As such no trade setup in our scripts....so...today as such we are passing time nicely..

Let us wait for trade setup...otherwise only Tea today..

Take Care...

Again Lupin

Today our focus will be on Lupin.

If we get opportunity, we will enter into trade..

Long or Short ?

No Free Lunch for  outside timepass viewers..

Read the Chart and trade...



We did our Homework on Lupin.....

Take Care...

Global Turmoil

All Global Markets are in Turmoil......

On 24th Dow Jones, freak trade in the lower level....so, this candle will be normalised once again soon i feel...

As such nothing has changed.......follow the levels.......

Now global technical experts ignored Greece, now all so called experts are started talking China,  very soon they will start talk about Russia....because.....they are paid slaves, they only talk...

Final word....Don't go buy news...nobody knows what is going to happen tomorrow.

We have only price cycle with us.....follow the price cycle...which is visible always..

All News and Global Expert (crinimals) views are only to Timepass..if you follow them..101% you will loose your money..

Follow your knowledge and trade...

Why Levels are important ?

First Point and Confirmation

Today morning we have posted Nifty Future will take support near 7658.........and today low was 7665........

Second Point and Confirmation

Again 7900 Call Option 36 was support level (refer above chart)....validated the bottom....

Now this 36 will act as major support for this call till this Expiry...

Conclusion

Both are validated nifty reversal - here we can take a risk (this is calculated risk)...

Some where we have to take risk.......we are always taking calculated risk in the appropriate level with co-relation of two components.

This is knowledge....

The above information is to share our knowledge and not a trading call..

Gold Positional Level - Knowledge Purpose

The above chart is self - explanatory.....

How the price cycle moved from bottom to top and hitting previous levels....

The above levels are for knowledge purpose and not a trading call.....because, we know how to read the level...others it is information about cyclical pattern of chart...

Just spend time on reading chart instead of wasting time on useless news channels..

Take Care...

Gold - Yesterday we have told Caution on Long

International Gold Price failed to cross 1168 dollar.....

So...yesterday, we have posted (refer above post and check yesterday post of gold) avoid/caution Gold Long..

Also...Gold closed below our level today in the Morning and falling...

Simple reason...we have selected gold short today...

Our all posts carrying messages....we never post anything for timepass.

All our post carrying knowledge.....

Take Care....

Gold Hit First Intermediate Target - Wowwwwwwwwwwwww

Gold Hit the Target 26746......just 15 minutes.......120 points down....from short level 480 points...

If our entry is right...target will hit...otherwise your s/l will hit.

Now Relax.......again wait for opportunity for "Only Sell"........

Gold - Follow up

Gold short is running below 27238....target 26746

Keep trailing s/l and wait for target.....trailing s/l is must...don't give the profit back to Market..

This is power of our Level - Nifty

Nifty,  As told Bear are tired after touching our level (pullback rally from bottom)...from there it has reversed....

See the level....one should know, how to read the levels....

Posted in earlier post...Bears may take rest...exactly, same thing has happened...(pull back)

This is power of Level.....

Where is Mother of Bull ?

Nifty is conducting stock clearance sale...

Mother of bull is missing...

Lupin Trailing Stop Loss

Lupin Short Initiated at 1803 and now keep trailing stoploss at 1756.40

Or book profit.

Decision is upto individuals..

Take Care....

Nifty - Follow Up

Nifty now level to be watched out 7658 (future).....let us see...whether Bear will take rest at this level...

Rest everything to my followers / learners /

No free lunch....

Lupin

Lupin keep trailing s/l and run the position for a target of 1703......

Thanks to Mrs.Boomi Nathan....trade was identified by her..

Enjoyyyyyyyyyyyyyyyyyyyyy

Crude - Follow Up

Crude International price validated the intermediate bottom.....

Now...we should relax for further trade..

No Long or No Short for overnight...  (Main Trend no change....Trailing s/l as per MCX Price 2763 - Breakdown level 2621 closing basis)..

Let us wait for next move...

Take Care...

Gold - Follow up

Gold has not able to close above 1168 (in Dollar Terms - check the above chart)......

Now....be cautious on "LONG" as long as not able to cross 1168.....

Just wait for opportunity......

Take Care...