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Sunday 10 November 2013

GOLD WEEKLY TRADING STRATEGY

GOLD MCX FOUR HOURLY CHART 11-Nov-2013

GOLD COMEX FOUR HOURLY CHART 11-NOV-2013

WEEKLY TRADING STRATEGY:

GOLD MCX faced correction last week and due to US strong Employment Data Precious Metals in COMEX face a sell off and GOLD COMEX broke important Support @1300-1295$ and Close below it. Hence this week we may see down trend continuing. GOLD MCX is also trading near to strong Support Levels @29550 and If Sustains below it can head towards lower levels @29000. Alternatively if sustains above its Demand Zone i.e. 29400-29500-29600 it can bounce back towards 30400 and Hence We Recommend to Go Short Below 29500-29400 and Go long only if GOLD sustains Above 30400.

Sunday 3 November 2013

Profit Play Wishes "HAPPY DIWALI"

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

Click Here to See Nifty Call

We Provide True Research and There is Nothing Like Premium call, Don't Miss Call

All Our Research and Calls are Trades on which we personally have taken Positions.

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$.