Today's Quote

Always be yourself, express yourself, have faith in yourself, do not go out and look for a successful personality and duplicate it   -  (Bruce Lee)

LIC Housing Positional Levels

LIC Housing Next Targets 189.77  / 185.38  / 178.22 and 169.37...................................

Keep proper s/l for the trade............................................................................................

Bank of Baroda

Bank of Baroda Important levels.......further tomorrow level will get added automatically on opening..............we will update another two levels in the market hours for intraday............

watch www.niftymetals.com - technical level.................................................at 9.25..........

Tomorrow Our Trading Picks

Stock Futures  :  Bank of Baroda / Mcdowell / Maruti / BPCL / Wipro / Biocon

Commodity     :  Crude / Gold / Lead 

USD JPY

USDJPY closing below 102.02, may be next target downside 99.94............................

If this happens, nikkei may fall another 940 points from current level.............................

Let us watch................................................................................................................

Live Chart posting from Monday

This is 31st Crude Intraday Chart......................................................................................

From Monday, we will update this chart in our website www.niftymetals.com technical column if we will get any signal as per system.............................................................................................................................

This we will continue till "LIVE STREAM CHART" steamlined.................................................................

Intraday - Planning Live Stream

We are planning to give live stream for Intraday (ALSO) very soon.  

31st Intraday "GOLD" Chart Enclosed........

         for Commodity - Gold / Silver / Crude / Lead / Copper / NG
         for Index and Stock Futures - Nifty / Bank Nifty / all High Beta Stocks.............................

Other scripts only on Demand / Request from our clients............................................................

Necessary login details will be mailed once it is steamlined..........................................................



                                               

Silver

Silver as such no positional call either buy or sell...............................................................

Because trading range is between 42119 to 45336......................................

So, use Intermediate chart to take trade for 500 to 700 points movement..........................

Crude

Crude Positional buy initiated above 5882 and 1st Target 5998 and 2nd target 6049 and now closed above above trend changing level i.e.6129.54.....................................now your stoploss for long is 6049.........for a target of 6218 / 6282............................

Always keep trailing s/l to keep the profit.................................................................................................

Jeera

Jeera almost nearing to ultimate 11785 targets.   Monday book profit and exit if you have short....................................................................

Also, don't try to buy here assuming bottom fishing..........................................................

Tata Steel

Tatasteel keep the proper s/l (refer our intermediate chart and take the level) and run the position for the ultimate target of 316.25.        Always keep the profit stoploss and hold the position.

Dhaniya

Dhaniya hit first target today 8129.19...................further targets keep trailing s/l and run the position..................Always keep the profit s/l and run the position...............................

Maruti

Again Maruti proved - Price will react will first, news will react after price action..........................

Below 1764.92 close sell initiated on 27th January 2014...............................................................

Further levels check our chart.......................................................................................................

Bank Nifty - Levels

Bank nifty Positional Short created below 11321,20, see how it behaves and never hitting the s/l and
hitting the targets one by one...............10685.60 /  9974.75 and 9657.....................................................

In August 2013 fall, bottom target was 8737, low formed 8349.40..............................................

Now low indicates (ultimate if at all a big fall)................7757.07...................................................

But, as a trader go level by level.................mentioned in the chart.........use our Intermediate Chart.....

Ranbaxy - Fall - Brain Storming

Most of the cases we will get indication well before the news.....................................................

Take Ranbaxy as study case,  there was a sharp fall due to some bad news.............................

However, on 16th January 2014 it has closed below 420.88 level (breakdown level)..............

So, tehcnically no body will be in Buy side below 420.88.......................................................

Now downside target may be 277.50.......................or else close above 351.05 trend may reverse..

So, News comes late, market reacts first....................................this is our view...................

HCL Tech - Hit The Breakout Target

On 19th July 2013, HCL Tech started his strong upward journey without seeing back and hit the ultimate Breakt out Target of 1470.19....................today.........

Now anything closing above 1470, further journey will start.................................................................

We feel before any further big upmove..................................wait for consolidation.............................

But, better avoid now trading in HCL Tech......................................................at least next 10 days......