Buy Kotak Bank at 592-595
Stoploss below 589
Target= 602-610
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This Monday morning bring the biggest surprises. Let’s come to the point, MCX Gold and Silver both is running totally opposite to Global Market. Dow Jones will kiss 13224 in coming days as well as FTSE 100 also touch 5759 level… Silver maybe crash and close below 51460 then market will crash heavily. Intraday traders and Long-Short Term Traders please don’t work without any guidance otherwise you will lose all money, which you earned by trading.
Today, if gold make red light at opening bell then sell it. Targets: 29456 – 29429 – 29360. Stop to trade with Silver without guidance.
Choice is yours!
MCX Crude oil is looking bit weak. Once it open downside then Sell it with targets: 4742 – 4718 – 4704. If it’ll open upside then leave to trade with Crude Oil and keep patience.
Cardamom is mom of every commodity. Mom always ups in our heart that’s why I’m saying to everyone Buy it!
Targets: 1355 – 1361
Yep, don’t hold long otherwise mom will hit you…
Steel long already made good low and in bloodbath rightnow. I say, it’ll stop to crush in between 3 trading sessions but Intraday player go and sell it. Targets: 31674 – 31635 – 31590
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Reliance Industries
729-725 good support zone
If Tades above 736.60 then see upside
up to 742.
If sustains above 742 for 15-20 minutes
with supported volumes then see explosive
move up to 752-759-766
Financial Techno
Good support at 752-750.
If sustains above 760 see rise up to 766.
If shows more strength the
expect 775-782 levels
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(Updated on 05-07-2012 Time 08.10 AM)
Yesterday we written that below 5313 it might
test 5390 and above 5320 would take it to 5333-5340.
Nifty Future formed low at 5287.35 and height at 5331.85
Now for today……
Again 5333-5340 is intraday hurdle for nifty Future
It has to take out with sustained up move and volumes.
If it succeeds then expect 5355-5378-5393.
If trades below 5312-5300 it will drive it lower to
5290-5270.
5260-5285 zone is short term support.
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As I expected, MCX Nickel is moving downwards. I said about Nickel on 3rd July – Click here for read it again.
Our subscribers already sold Nickel but what about respected blog reader?
Now what to do with MCX Nickel?
Just go and sell between 935 – 936
Targets: 932 – 930 – 928
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