Friday, December 24, 2010

NIFTY 15 min. chart

15 min. chart indicates bullish till the levels of 6100 in Nifty Spot. one can buy @ cmp with sl 5980 tgt 6100.

Thursday, December 23, 2010

NIFTY


I think Nifty should trade in between 5050--4800 levels for few days . if nifty do fall near 5800 but will not be breakdown 5720 levels then we may see more bullish for the tgt.of 6400-6500 levels in near term

MCX Copper

after breakdown of yesterday low now it's trading near 424.5 which indicates bearish at this moment so u can go short @ 424.5 sl 428.2 tgt. 419 or lower but ultimate tgt. is 405 levels in few days

Tuesday, December 21, 2010

MCX Nickel

I think Impulse wave pattern has been completed near recent higher levels and now trading is near 1115 levels which is the best levels for creating short position with sl 1128 tgt. 1086/1070

MCX Copper


After achieved my tgt. 425 levels as i said before now it's for time to cover all long position at CMP . and we have to wait for creating short position

But i think it may go down 409-405 levels in few days according to this chart pattern.

Monday, December 20, 2010

MCX Crude

since few days crude is trading in a range which i indicate in chart , so at this i time i think it may go up up above 4080 levels with sl 4040 tgt.4171/4200