U.S. Dollar-Indian Rupee, It will go UP or Down?
MCX GOLD & SILVER: Where are the stops? And Cardamom
Yesterday, Gold made all time high against the Indian rupee and after Gold & Silver both crushed heavily. The price of gold has shot up in the past few days while U.S. Treasury 10-year bond yields have fallen. Today Gold open upward, what you expect about Intraday?
Oh yes, yesterday I said to subscribers , “Buy MCX Silver sep @ 58200 without S/L and Targets: 58800-59000“

All my targets done!
I forget to say, yesterday subscribers also sold cardamom @ 770 with S/L 773 and targets was: 760-755 That one also hit all targets!
What you expect now about Gold and Silver? Where gold will go?
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Watch out the level !
Let see Nifty future as per this weekly chart.
1) 38.2% Retracement created at, 5596
2) 61.8% support taken at level of, 5090
3)moving to 50% trying to kiss now the level of 5401
As shown in the chart, the Trend is possibly bearish
5401 is the key level from where downside view.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.Nifty Future Update: Trader’s Too scary.!!
(last close:5284.80)
The most difficult thing is the decision to act, the rest is merely tenacity. The fears are paper tigers. You can do anything you decide to do. You can act to change and control your life; and the procedure, the process, is its own reward. – Amelia
Nifty closed down 189.05 points at 5287.45 while Nifty futures closed at 5284.80, a discount of 2.65 points. FIIs sold in Cash, net sell 1373.99 Crore while DIIs bought in Cash, net buy 480.50 Crore. FIIs sold in Index future, Index Option but bought in Stock future, Net sell 285.26 Crore.
Yesterday we told…!
Yes we told that NF will check this level 5422- 5416. Nifty Future made the low 5256.90 previously it got support from here 5250. This level is too scary, trader wait and watch what we see further!
What for Today.?
Today in Nifty future we strongly we see
new level downward 5239-5178,and if keep same movement
quite possible to check this level 5136.
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Nifty Future Update on 27th Aug 2013
(last close 5467.10)
Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone. Sigmund Freud
Nifty closed up 4.75 points at 5476.50 while Nifty futures closed at 5467.10, a discount of 9.40 points. FIIs sold in Cash, net sell 607.43 Crore while DIIs bought in Cash, net buy 409.99 Crore. FIIs sold in Index future, index option but bought in Stock future, net sell 1316.70 Crore.
Yesterday we told!
Yes we told Nifty Future will check the level arround 5500 and with the same movement if it forwards they will kiss 5525, and what we saw it kiss 5525 and made high of 5526 that is exactly close.
Nifty future suddenly took reverse position in last 20 -25 mint.
What for Today…?
Today in Nifty future we see trend to move down then
may go below yesterday close 5454.
Then very much possibility to check this level 5422- 5416.
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Let see Nifty future as per this weekly chart.

