Gold

Gold is moving as per technical...started the journey nicely from the bottom crossover 1st January started upward journey.....on 3rd March started the Downward journey and nearing to terminus before catching the next move.....

Same pattern in nifty....wait for our chart in the next post.

Infosys - No Long

Infosys as such not in Buy Mode, broken the trend line.......

Always higher level sell.....with proper s/l......................

Any trade (though you may be brilliant) always "Stop Loss" Must.............

Crude - Follow Up

As stated in our earlier post, crude not turned bullish.....stuck between the levels....

This area is clear "Trapping Zone".....so, use Intraday Opportunity for 20 or 30 points and exit....

Always don't forget to keep s/l........Stop Loss is Must.......................

Positional Trade only breaks level either buy or sell.....till then (intraday swing) take care....

Gold - Follow Up Chart

Monday Gold has broken the intermediate support and travelling towards to starting point i.e.27747.....

Next Stop for Gold may be at 27747.........

As such message is Gold is not in Buy Mode.......Always S/l is must..................................

I hope all our clients are doing safe trade.....in commodity.....

HCL Tech

Study the HCL Tech chart which is self-explanatory.................no more details at least now....

Crude - Chart Study

Last month many traders has lost money in Crude..... The point here is crude has given clear signal in advance, but, we never use to read carefully.

See the Levels, how it behaved and in advance price action is giving clear signal.........

Now, crude is trying to change the trend to upward subject to cutting the levels from Bottom....

As such Crude has not turned bullish.....wait and watch.................

S & P - Index

Watch S&P Monthly chart closely, if  S&P cuts decisively the channel, we may see fall like 2008.....if it happens before election....then we will understand Either Congress or BJP will never do anything in our Indian Economy, all it is cyclical...........

Now, all depends on Global Economic Cycle.............. no individuals like Modi or Manmohan Singh....

We must understand the fact....Indian Economy can't grow stand alone...without Global Growth Setup...

Chana

Chana is good sell candidate.............take short as per level breaks....................

Rest everything read the chart and take trade....................................................

Crude

Avoid Crude Short time being..............................trend may change..........................

Read our positional chart carefully..................................message is simple, atleast now no short in crude..

Natual Gas

Natural Gas is looking weak..................

Gold

Gold Almost trading near the last support..................So, going short in this level.....keep perfect s/l...or else wait for trade..............................

Almost from our sell level 1000 points gold has reacted.....be bit careful while deciding short.......

Gold - Right Entry

Gold has given good sell Entry yesterday closing hours........today again after gap down, good bull pack is solid short again......

Now just relax..............

Gold - Intraday Target Hit

Refer previous post, call initiated at 30412.......target 30361 achieved....No overnight Position..

Because, gold has not broken our 30341 level.....so, position closed tonight.....

Let us see tomorrow.....be happy..................

Gold

Gold is intermediate sell........................keep s/l........................breaking below and close 30341 further short can be added with proper s/l.............................................

Immediate target 30361..................................

HCL Tech

HCL Tech Hit all our target, now if breaks above 1412.60 then our target is 1396.............further fall if brakes and stay below 1396............target.........refer our positional chart...........

Crude - Levels

Crude if stays above 6115 trend may change upside intermediate.........solid uptrend 6284.60 above....

Take care.............................