Saturday, January 21, 2012

NIFTY 1 HR. CHART , COMEX CRUDE,GOLD,SILVER,DOW TRANSPORT

NIFTY 1 HR. CHART
 I have already out of the market after achieved my Tgt. 4960 levels and looking for consolidation pattern in ABC wave as i told before. But Nifty is trading above Fibonacci resistance Area that means it may not come down below 4900 levels that will be good opportunity to add more buying position at that levels.

COMEX CRUDE
  One pattern is very surprising to me that is CRUDE pattern. More upside is still alive after completed C wave near ( may be 93 or 87 ) so at this moment if u looking to go for short then SL should be (103.73) .

COMEX GOLD
COMEX SILVER
At this time i think Silver and Gold will be very attractive price to buy for MID-TERM. But in short term we could see small down fall pattern at higher levels as i indicated in chart then go for buy after getting confirmation 

DOW TRANSPORT
Yesterday Dow has been achieved my higher Tgt. and from here looking only for  same as consolidation pattern like Nifty's pattern then lets see.

No comments:

Post a Comment