Friday, February 11, 2011
MCX Copper
As i told before short copper @ 457 but it didnot go below 451 levels at this time i would suggest to square off all short position near 456 levels because dpwntrend pattern has been completed as i think and do buy at this level with sl 452.5 tgt. 466/475
Thursday, February 10, 2011
LME ZINC
Wednesday, February 9, 2011
MCX Copper
NIftyt Spot
Nifty 1 HR. Chart
After achieved my lower Tgt. near 5300 now i am turn to bullish mode when i will get conformation on charts so at this point i would recommend to square off all short position & wait for the conformation .
According to 1 hr. chart indicates positive divergence in indicators ( RSI, MACD , Stochastics ) with bullish diagonal pattern in C wave . In daily chart pattern MACD & HACO indicators are still in bearish mode so lets wait for the buying signal in these indicators as well as to get conformation in chart also.
Monday, February 7, 2011
CNX IT Index (weekly)
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