Crude - MCX Near Major Resistance

Crude MCX 3041 will act as stiff resistance....

Take Care...

Dow Jones - Price Cycle

Always i use to say....cycle has to complete...

Any market / Any script....rule will be obeyed...

Why Dowjones has not fallen below the cycle (Green Level)...it can't...

Again my challange...in the right time...we will sell Nifty and Dowjones...

From Green Level reversed now trading near the 1st Resistance Level....

Trading is simple.....we use to complicate ourselves (not us/our clients...we are clear) with so many indicators / news / moving averages and unwanted theories...

But, market is moving with simple way....just price cyclical...

We should develop our knowledge with patience...if you want create wealth in the long run...

Again, i am repeating....without knowledge, 100% no one can make money in this market for sure......

If you Learn and gain knowledge...market will always allow you to make money...

Crude - International Price Chart

Nothing surprise in Crude upmove....

Last week we have posted....crude trading near the last level and wait for trend...

Now...top intermediate level to be watched out 48.50 Dollar....

This is our homework.....we are neither bull nor bear....we are opportunist trader....

Market and Price Cycle is always right....all idiots are using sixth sense and loosing money.....

Don't use sixth sense....market is moving / behaving above sixth sense......

Use your brain and follow the price cycle....before trade keep all information in hand...

Learn and Earn....

If you are lazy and don't want to do homework...better quit trading...before loose your money...

Crude - Fantastic Reversal

Crude - yesterday, we have clearly mentioned, dip and reversal always buy...

Today samething has happened...fall and reversal above Green Line.....no looking back..

This is how, we should trade........no beggar kind of trades......

Always we should have - Entry point / Target and S/l.....either target or s/l........

No begging trade......

What a move...

Now...upto individuals to book profit....

Silver / Zinc all crossed Green and flying.....check our Green Line....Miracle Line..

Today is good for all commodity..

Only NG is pending....as such wait for opportunity in NG...same Green Line..

Cheers....

Castor - Not Moving - Exit

Castor Long not hit our target 4077 (high was 4071)...now trading near the entry price 4053...please exit...

Don't carry over the position..

Maruti - Short Also Target Achieved

Maruti today second trade short same green level close,  red target achieved..

This is home work..

Both Long and Short given good money...

Now, watch Lupin...

Enjoy and Take Care..

Castor - Agri

Castor (Agri) check daily chart....opportunity initiated....keep proper s/l and target...

Take Care...

Maruti

Maruti 1st  candle itself above Green.....now nearing to target.......

Now...upto individuals to book profit..

Enjoy....

Today - Watch List

Today in our watch list Maruti...

Buy or Sell......we will take trade as per opportunity....if arises...

Read the chart...if you want make money..

Take Care..

Crude - Follow Up

As we said, crude trend has been set today......(last two days no trend)....today is opportunity...

Crude after a long time reversed nicely broken our Green and moved sharply...all our analysis are in October Crude Contract...

Now any dip and reversal...we shall use buying opportunity......time being.....

ONGC - Blood Bath Not yet over

ONGC Turmoil still not yet over it seems......nicely obeying the downtrend..

Again, i repeat No Fundamental or Economy....

Let us see how it reacts in the bottom level 202 - reversal or further down...

All depends on Nifty turmoil...

Ask your self.....why ONGC is falling ? anything has changed in last one year in ONGC or is it a Sick Company ?.

Manipulated Company Like Caplin Point trading above 1300...why ONGC is trading near 225 level.....where is fundamental ?..

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..