Sunday 3 November 2013
Nifty Previous Week Performance (3-Oct-2013)
Recommended buy Nifty Spot On 28-Oct-2013 Monday On Dips and Above 6220. Nifty Made a High Of 6332.60 Target 2 Achieved. @6300 Hope you Booked Superb Profits.
Trading Strategy For The Week Was as Follows
1. Buy NIFTY @6080-6090 TGTS 6250/6300.
2. Buy NIFTY Above 6220 TGTS 6250/6300
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Sunday 27 October 2013
GOLD AND SILVER COMEX Weekly Analysis (28-Oct-2013)
GOLD COMEX WEEKLY:
We Recommend to long GOLD COMEX above 1360$ for target of 1400$ with Stoploss of 1340$ Alternatively Go Short below 1325$ for Targets of 1300$ with Stoploss of 1345$
Trading Strategy:
GOLD COMEX has stiff resistance @1355-1360$ levels. Markets
Looks to be in Favor of Bulls and it Seems that Gold will breach its Immediate
resistance Levels. Next Minor Resistance Level
that GOLD COMEX faces is @1370 and a Next Major Resistance is @1400$
which would also act as an psychological Level for GOLD. Alternatively if
Unable to cross Resistance of 1355$ you may see Sell off below 1330$-1325$ and
it can Head towards 1300$ mark.
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SILVER
COMEX WEEKLY
We Recommend to initiate Long Position above 22.90$ for
Target of 23.65$ and also buy at any Correction @22.10$. Stoploss should be
maintained below 21.70$.
Trading Strategy:
SILVER COMEX has formed classical double bottom pattern in a down trend and trading near to immediate Resistance Levels @22.85$ if SILVER COMEX crosses the levels of 22.85$ it may head towards higher levels @23.65$ Alternatively fresh long Position can also be initiated at lower levels around 22.10$.
SILVER COMEX has formed classical double bottom pattern in a down trend and trading near to immediate Resistance Levels @22.85$ if SILVER COMEX crosses the levels of 22.85$ it may head towards higher levels @23.65$ Alternatively fresh long Position can also be initiated at lower levels around 22.10$.
NIFTY SPOT (28-OCT-2013)
NIFTY SPOT (28-OCT-2013)
Nifty Index is Trading near to its all time Highs. Bulls are in and Hence Buying at any Major Supports Will be Recommended. Immediate Strong Support @ 6080-6090. Immediate Resistance @6210-6220
Trading Strategy For The Week
1. Buy NIFTY @6080-6090 TGTS 6250/6300
2. Buy NIFTY Above 6220 TGTS 6250/6300