Indian currency updates for our Members only by mail
Couple of up trading sessions today it looks weak. Sell with no fear, with the targets 1.6100 – 1.6075. Stop loss for members only
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It should continue to rally 0.9444 – 0.9469 with support 0.9411. Brake of support, and we must see bloodbath to 0.9393 and more.
EURUSD kiss all my targets Don’t you remember what I said in my last update? Click here to read, I said to “EURUSD hurdle is 1.3405 and if cross my hurdle then we look at 1.3547” Now what for now? Today just watch it should continue rally to 1.3560 or 1.3581 What will happen if breaks the support? We will update further information soon.
Yesterday FIIs involved in intraday trading bought 43430 contracts of Index futures and sold 41132 contracts of Index futures which come to net buy of 2298 contracts worth 72 Crores with net open interest increasing by 18512 contracts.
Positional View of Nifty future: Any move above 6260 will force nifty to jump up to 6500 level very sharply. Until unless nifty break 6110 level towards downside, my very short term view will be positive.
Intraday What is Nifty future?
Resistance 6239 to 6247
Targets 6178 to 6164
Suppose trading and closing above 6222… then tomorrow resistance will be 6268 to 6281.
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Did you read last Gold & Silver newsletter? I was told you, MCX Bullion sector is very weak for next few weeks. Anyway, Intraday traders Go and sell silver without any worry. Targets: 45,034 – 44,690 – 44,433 More information with S/L for member, but remembers opening bell is very important here… I write below about Gold, but it’s for subscriber. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
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On last newsletter, I was told to sell crude oil for long term and it’s all targets was blasted. But for today, go and sell it again…! Targets: 5713-5639 Remember, its hurdle is “opening bell”. More information for member.
I am not here to guide you stop loss / targets / levels etc. I just want to give you alert: it last station is 429.5 level. I expect, smart traders understand – what I want to tell you!
For small traders only, check CPO Opening bell. Once it opens upward then buy buy buy without any worry! Targets: 567-569 Remember, opening bell is very important here…!
Targets for smart trader: 878-875-871-866
I will update further information soon.
Traders, lead last stop station are 125.9 level & hurdle 127.5. Just keep your eyes on it only!
Sell natural gas with targets: 226.6 – 225.1 To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
From last few trading sessions The US Dollar – Indian Rupee is moving between the resistance 63.53 and the Support 61.05 as I mentioned in the above chart. Now here we can clearly looking that it’ll touch the resistance again. if USDINR break 63.53 level then it will kiss 64.00 – 64.29 otherwise move downwardly and hit 62.48 – 61.89 – 61.56 levels.
For Short term Traders:
One more free fall is looking on the way at 1.3309 level because it will easily break 1.3250 – 1.3200. Remember, EURUSD hurdle is 1.3405 and if cross my hurdle then we look at 1.3547.
AUDUSD For Subscriber’s only.
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How to make Good Money in Bad Commodity Market? Now it below by use of your sharp mind!
Gold and Silver trend is sideways, or you can say ‘No Trend’. I am looking weakness in next week and you should keep in mind, “How price reacts next week will provide you a very important clue”. There’s no reason to buy Gold or Silver because it will definitely move downward!
Long term view: Look above Gold chart, it will say you – what will happen in coming days. Once MCX Gold cross & close above Resistance level 30820 then it will definitely kiss 32000 – 33500 levels and cross & close below support then it will go in bloodbath. No more discussion here about Gold Long term view because I have paid subscribers and he/she needs something special. ONE MORE THING, WHY NOT GOLD SHOULD KISS 29000-28700…!
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MCX Silver Support 46,885 and Resistance are 50,356 levels. Did you notice? Silver is continuously moving between my small resistance and support from 15th September. On Monday, it will start trying to kiss 46,885 level means short term & intraday traders can collect profit between current closed level to support level. More clear updates about Gold & Silver for my Paid Members only!
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