Dharmesh T. Shah
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Monday, August 1, 2011
Some posts I posted on Facebook !
Around $1580 Gold may find some support. LTP $1581
July 20 at 6:35pm
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Gold may see $1659 levels before September 2011. $1580 can be a good support. Crack below it may compel longs to exit.
July 21 at 2:47pm
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Brent Crude can find stiff resistance near $118.70. If able to cross above it and sustains, then $125 can be the next target before September 2011. On monthly chart 5th wave is pending. This can be a negative factor for Indian Stock market and even Indian economy. Currently trading just underneath the resistance level.
July 22 at 9:00pm
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Crude can be shorted with SL above Rs.4455.00.
July 22 at 9:48pm
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Silver can correct up to $ 37.95 within few days. Now it may face stiff resistance near $ 40.10
July 28 at 9:38pm
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Just think about it - If US needs to sell some part of it's Gold reserve... Nothing is impossible. It is a rare possibility.
Saturday at 12:54pm
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(July 30)
I wish from the bottom of my heart that Nifty should not slip down to 4800.
July 31 at 7:16pm
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