By Technical, there is a short call in gold,But risk reward ratio does not match.
So avoid trading, Strictly avoid Long in Gold, as we might be seen new low of than the previous low of 1321.
Gold ETF funds are continue selling (selling is not in big quantity but they are not purchasing so there is no electronic demand.)
EUR/USD: expecting fall in coming trading sessions:
CMP:1.3085 ON 15 APR 2013
Lower target: 1.3070, 1.3050,1.3024,1.2997
Sharp fall if break 1.2950.
Strong resi: 1.3140
OUR ALL TARGET (1363) HAS BEEN HIT IN GOLD SHORT CALL
Recent low is 1362.90 at 8.11 PM IST
Book All profit here….. & wait for next signal.
IMP: Pls note: Due to technical problem we are unable to post Chart study on website, so pls check it on facebook page.
we will post free trading call time to time on web site, but chart study will be availble on facebook page
Call Update: Our 2nd target of 1370 has been hit in Gold Short Call, now trading near 3rd target.
safe traders bokk profit here, others can stay with short, we may see new low in gold very soon.
call update posted on CMP 1366 on 7.53PM IST
USD INR RALLY WILL BE SEEN IF CLOSE ABOVE 55,50, TILL 53,50-55,50 RANGE EXPECTED
Call update on 12.30 PM
Our 1st Traget of 1377 has been hit in Gold short call, short suggested near 1384,on 10.20 AM
Low made 1374 on 12.28 PM
breaking 1400 & sustain above that is a big challenge, so positional trade can go short with sl of 1400 on closing basis.
Don’t overtrade today, as market may trade in narrow rangebound , Give fake breakout signal (as it is an operator game).
don’t go agressive short or long,
i don’t suggest option trading today, as put call ratio in coming down.
there is a posibility either negative close or short covering rally in last half an hour.I am expecting negative bias for today only, expecting gap up opening on monday, if market close negaive today.
Gold short near 1384 SL 1394, Target 1377, 1370,1363, CMP:1381
Call on 10.20 AM, 17 may 2013
All Target Hit in Gold Short Call, call given yesterday
we have shorted @ 1416 target was given 1391, low made 1387, CMP 1393
Positional Call update: EUR/USD low made of 1.2842, short suggested near 1.30 in last month
1st Target hit in GOLD Short Call, now almost Near 2nd Target of 1392, Low made 1393.86 on 8.10 PM, low risk traders can book profit here CMP 1394.60
positional risky traders can hold long position with modified Stoploss of 1400 on closing basis.
BUT personally I suggest book profit here, & wait for small bounce, where we can again create new short position.
On Comex $1400 is the technical as well as psychological support so fresh short should be below that or near retracement (bounce).
* call followup posted on 8.16 PM, 15 May 2013
The rally we are watching is not because of fresh buying…. its a short covering rally by retail / small investors / traders.
i don’t see much more upside than 6350 in NIFTY,
Where FII can easily Sell all midcap, smallcap stocks to small investors & get all fund back.
so advising to all small investors, Don’t be a victim by purchasing those smallcap midcap stock.
this is not a buying level…
& off course not a shorting level…..
will be short around 6350 on index & selective stock futures………
Don’t get fools !! some parrots are singing the buy song…….
wait n watch… till the indication by trend….!
exited @ cost to cost in DLF fut Short, low made 234.85 on 10.35 AM, as SL was trailed to entry level (i.e. 235.50)
we are going short in gold, as imp support level has been broken today.CMP 1416 on comex.
* Always Trade in that Stock / Commodity which has given breakout on eitherside, not in that Stock / Commodity which you love to trade….!
There is a chance to get handsome profit & possibility to loose minimum amount, if you trade in that Stock / Commodity which give technical breakout on chart.
BUT there is possibility to loose much more amount, if you trade in the stock / commodity which you love to trade, when the Stock is not giving any signal.
So its better to follow the signals,
* Don’t fight with trend!
* Don’t Marry with the Stocks…! always keep booking the profits……….
* Going Fundamental is too Good, BUT there is a lack of the source, which provide genuine & Right time fundamental news to us, So we have no any better option than technical.
market can touch new high in coming days, if mansoon comes early…….
but it might difficult to say that will market stay at that level???
there might be seen an operator game…….& small & Innocent investors might be again trapped very badly………
so friends! don’t go aggressive long/ short……!
parrots are always spoke about new high………..but we want to decide is it right time to buy???????
unfortunately indian market was closed when low of 1422.
eventhough Still we have short position & waiting for 1420-1423, where we will book profit.
overall broader weakness will start after breaking 1418 on comex.
sell on rise will be best stratagy for the day… levels will be send on yahoo to clients, who are online.