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What I had said about Gold 3 days ago?
If you don’t remember then click here and read it again.
I said, “Buying opportunity will knock the door while gold stay above to volatile zone levels (28040 to 27850) and it can break 28600-29000-29500+ levels!“
Gold had touched the first target the next day.
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What I had said day before yesterday about cotton?
If you don’t remember then click here and read it again.
I had written, “I should recommend to intraday trader to go with it for 16426-16474 levels. Lion heart traders can hold until cotton break 16540 levels.”
As per my words cotton is flying on sky, and yesterday it had made 16500 high.
I hope, everyone must be enjoying free tips.
Note: day before yesterday I’ve also said to bought CPO, and it’s on the way to complete targets. I will update soon about it. But always remember, exact entry level and stoploss for subscribers only.
Whenever I see the moves of cotton, I remind one thing what Warren said, “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”
Now, I don’t think I need to explain more about cotton. On last week cotton had gained 470 rupees, and yesterday it earned 140 points, so I should recommend to intraday trader to go with it for 16426-16474 levels. Lion heart traders can hold until cotton break 16540 levels.
Unlock This ArticleINTRADAY TARGETS: 564-567
SHORT TERM TARGETS: 573+
STOPLOSS: YESTERDAY LOW FOR FREE READERS
FOR DAY TRADERS TARGETS: 658-644
SHORT TERM INVESTORS MAY UNTIL IT BREAK 621 LEVELS.
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On last week crude oil lost almost -212 points and on previous trading session it had lost -97 rupees. Look at above chart, MACD & RSI showing down signals. Now no need to explain in-details to smart traders because resistance has been broken and at the present time I look 80% chance to hit first support (2320 level).
Once black gold comes under ‘critical zone’ then we will see 2072-1922 levels again.
If you would like to buy crude oil, then wait until it crossover the resistance 2545 level OR wait for it to hit support 2320 level one time. If the crude oil breaks resistance and move up, then we will show 2610-2740+ levels.
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You would like to take position in Gold / Silver then doesn’t listen to what people are saying about the markets. Look at what the markets are saying as a reflection of people who are actually buying and selling. It is a much more reliable guide.
Look at above chart, the March month rally of Gold was very disappointed to buyers. If the gold will hit 50% (support: 27384) and show closes below it then we will certainly see 26140-24780 levels. But the seller must keep his eyes open while it touches the support 27384 level because buyers will try to push the gold up. So I would recommend short term seller should start selling in bulk after crossover the 27384 level and meantime they can sell gold (for intraday trading) while it move down from volatile zone.
Buying opportunity will knock the door while gold stay above the volatile zone levels, and it can break 28600-29000-29500+ levels!
Note: on my last newsletter, I’ve updated about crude oil, copper & lead targets. I’m very glad to inform those all commodities touched each targets. If you missed it then click here and check it now!
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What I had said about copper yesterday
If you forget it then click here and remember again.
“For day traders: 323.5-320“
It touched our first target and on the way to hit next.
Keep calm it’ll touch soon short term targets as well…
Yesterday what I had written about MCX Lead?
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I said, “Seller may continue selling while it goes below to our hurdle (116 level). Downtrend is showing 114.5-113.5 target levels for intraday traders.“
Lead had made low 113.75 and touched our first target. I hope, everybody will be enjoying our free intraday tips.
If we talk about crude oil then yes, it followed our hurdle very well (both side). You may continue selling while it stay below the hurdle for down targets and while it move up then you can follow uptrend targets but always keep in mind.
Keep note: my downtrend targets are intact.
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