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What’s Gold and Silver direction? Do you know on 26 June 2012, I had written about Gold (CLICK HERE TO READ IT AGAIN) and said,”Once Gold will cross and close above 30307 then you can buy it without worry with targets: 30500-30700-31000. Don’t sell MCX Gold without advice.“
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IDFC
134-133 is good support.
Breakout and closing below 134 drive it to 130-127.
Above 138 expect 142-146.
Crompton Greaves
It has broken rising trendline support below 117
Now 117-118 is resistance.
Below 110 likely to touch 106-103.
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Yesterday we bought
Reliance Ind at 784 for Target = 790-795-800
Reliance formed at 797.50
Sun Pharma at 678 for Target = 689
Sun Pharama kissed 687
Did you see Yes Bank and Jindal Steel
We mentioned on our post dated 22-08-2012
If Not then See the post and todays Closing price.
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Tata Chem
Support at 309
Crossover above 314 see blast up to318-320.
Weekly Closing above 318 will set this on fire up to 328-330
On Last Thirsday we Bought Jindal steel & Power at 412 and moved
up to 426 against our target = 428
Yesterday we bought
SBI (Positional) at 1916 and today it flared up to 1913
against our Target= 1932
Aditya Birla Nuvo at 793 and exploded in hours up to 810 and
today it formed high at 815 all target hit
Today
Intraday Reliance Cap at 371 and hit first target at 375.5
Intraday Sun Pharma at 670 and blast up to 675
Intraday Reliance Ind at 807 for Target =811 and moved high at 812.5
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Yes Bank
Below 360 Bear will kill and dominate.
358-361 is strong resistance.
Break below 356.40 slide up to 351.
If closes below 350 then see even lower levels at 344.
Jindal Steel and Power
407-411 are strong resistance zone.
Below which may tend to remain bearish.
crossover below 398-396 then expect slide up to 390-388.
Two Closing below 388 then slide up to 369 not ruled out
Did you all see the Jindal steel bought at 412 and kissed 426.
Yesterday We also bought Aditya Birla Nuvo at 793
which zoomed to 810 our second target intraday.
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This cash NSE level but you can also follow Future
Selling Zone 85-85.3
Suppose to break today 84…then ready for targets 82.8-81 and 79-80
Throw all your position above 86 of short selling
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