Friday, January 28, 2011

Square off Copper

Square off ( 436.8) Short position in Copper ( which i given near 435 levels ) . Recent uptrend price line indicates bullish near 444 levels but still i am in huge bearish mode

Thursday, January 27, 2011

EURUSD


EURUSD is not trading according to as i think few days back. but i am sure it has to come down .
The recent chart shows --at any moment ABC pattern will be completed , which is indicating for fresh selling at any level

NIFTY


As i told before , nifty may touch 5950 levels but unfortunately nifty's price has been reversed from my 1st resistance levels and touched previous low ( 5620 ) so that means we r going to downtrend again for the levels of 5500/5350 .

SELL NIFTY

Exit from buying position in NIFTY spot near 5620 levels and u can create short position for the tgt. of 5500/5350 levels

COMEX GOLD


As i told before Gold may touch 1322 levels and it has been taken some kind of support from that levels so any kind selling at higher levels then next levels will be 1257 which i indicated in chart. but as i think this all total bearish pattern should be in ABC if this is true then we will see more bullish from that level (1257)

LME COPPER

According to me this is the best time to go short at this levels for the tgt. 410 (sl 442 levels)