Sunday, November 29, 2009
Friday, November 27, 2009
Golden correction in GOLD !
Gold mini December contract daily chart @ 3.55pm.
Today Gold mini corrected heavily hitting the low of Rs.17372.00 at 1:15pm in December contract. It will be making bearish engulfing candle if it does not recover at the end of the day, or if recovers it can make a hanging man. In both case, it will be a sign of correction in strong uptrend. Can take support at 20DMA.
Wednesday, November 18, 2009
INDIAN OVERSEAS BANK - can give good upmove !
Buy IOB with stop loss below 113.20. If you are lucky, and does not hit the stoploss, book where ever you like as shown in the chart.
Thursday, November 12, 2009
NIFTY - TODAY'S OUTLOOK.
NIFTY - SUPPORT - 4856, RES- 5024. EXIT LONGS IF TRADES BELOW 4856 FOR MORE THAN 30MIN. EXIT SHORTS IF TRADES ABOVE 5024 FOR 30MIN. PIVOT - 4940.
Saturday, November 7, 2009
Indian Rupee to gain more strength against US $
Indian Rupee can strengthen against US $. ( Or US $ loosing strength world wide). If this happens, it can help bulls in Indian Stock Market. Indian Stock Markets to remain volatile?
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