Thursday, November 10, 2011

Dow Transport avg., 10 year Treasury Note , MCX Lead

DOW Transport Avg.

10 year Treasure Note

MCX Lead
10 year treasury note indicates fresh bullish pattern has been started that means more bearish pattern may see on Dow Transport Avg. and MCX Lead indiactes 5 th wave has been started and may be completed near 85-86 levels which is good levels for adding more buy position for the longer term trend with sl 78. or wait for confirmation in pattern.

Wednesday, November 9, 2011

NIFTY FUT. 1hr. chart

NIFTY FUT.
At this levels i think if nifty cross 5333 levels so we should go buy but before it should not touch 5270 levels  then the Tgt. of 5400 levels . 

MCX COPPER

MCX COPPER Daily chart

MCX COPPER 1hr. chart

Copper did not touch below 380 levels and trading in trading range of 10 points so at this levels i think we should go to buy at this levels with sl 381 and Tgt. would be 406/409 levels . if the price line will be crossed 381 levels then we should go short for the tgt. of 365 levels. Daily chart indicates --- 2 long white candle are giving support and yesterday Doji pattern indicates bullish above 391.85 which is the high of Doji candle.