Yesterday what I said about Silver? Click here to see it I said,”Once silver touch our hurdle then you can sell it with targets: 62627-62400 and Our hurdle was 62952“ All targets blasted in 1 hour. What else you want huh? Our subscribers are minting money day by day and what about you huh?
Yesterday I also said about Mentha oil First click here and read it I said,”sell mentha oil at opening bell with targets: 1418-1411-1403“ At morning time, our subscribers sold mentha oil @ 1428 and booked profit at 1418. Yesterday without break our Stoploss, menthe oil kissed two times our first target. Smart traders enjoyed and losers continue watch Pogo!
Yesterday I said about MCX Cardamom and I hope you remember. If don’t then take one hammer and hit on your head. I had written, “Play safely and earn easily. S/L is 908. Targets: 890-881-873“ Cardamom touched first target and missed 1 rupee to kiss second target. Today I expect, it’ll finish every target.
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An angel is a guest for he cleans up behind him. Where there has been misunderstanding he returns to clarify; where there has been hatred he offers love. He is never without gifts and always without burden.
Nifty Future
(Updated on 14-12-2012 at 07.40 AM)
In last post we have written that weakness has set in
and not able to move up above 5950-5957 and
break below 5915 would trigger selloff.
Just see it went up to 5939 and fell vertically up to 5865.
Mow for Today……….
5892-5909 is hurdle zone.
Less likely to sustain above this levels with volumes.
Break below 5859 expect slide up to 5839-5831.
If sustains below 5816 with volumes then more panic
up to 5802-5794 may not be ruled out.
Crossover above 5915 expect upside up to 5928-5934.
But short term Trend is slight negative and corrective phase.
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Island Bottom Chart Pattern
Effect of Inside Bar
A strong Island Bottom is a bullish alert indicating a possibility reversal of the current downtrend to a brand new uptrend. The pattern is definitely an sign of a fiscal instrument’s SHORT-TERM view.
Story
The Island Bottom occurs whenever the price “gaps” below a particular price number for an amount of days and additionally then is affirmed once the price “gaps” above the initial number.
Statistics–Bottoms
Percent of successful formations – 85% Average rise of successful formations – 34% Likely decline – 20% Failure rate – 17% Average time to throwback completion – 9 days.
Island Reversal Chart Pattern Example
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Let’s make beautiful day. Lion heart traders, are you ready for take risk? Start trading with MCX Silver. You can buy silver with targets: 63575-63775-63817 Hurdle: 62952 Once silver touch our hurdle then you can it with targets: 62627-62400 Choice is yours! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Let’s we start to talk about Mentha oil. It’s looking downward for today. You need to watch it ride because it’s very important. Just sell it at opening bell. Targets: 1418-1411-1403 S/L is 1440 level. Remember stop loss is required, and it’s quite risky.
MCX Nickel is playing both ways. Intraday traders for great opportunity available in Nickel and in coming days it’ll make unbelievable movement. Really sorry to say, but I’ll say about Nickel to subscribers only.
Play safely and earn easily. S/L is 908. Targets: 890-881-873