As the Intl markets were closed yesterday we could not get any intraday swings. But lets play
Technical Views - Commodities 31st May 2011
Technical Views - Commodities 31st May 2011
Tuesday, May 31, 2011
Nifty 5520 or 5400, lets wait and watch
Technical Views - Equities 31st May 2011
NIFTY
TREND : Consolidation was all that happened yesterday, we could hardly get any good moves in Nifty. Though the chart pattern suggests a bullish bias suggesting another 100 points upside move. But we cannot forget that we are in an earning season and results might play a more important role than charts. This is not terms mean that i am not going to trade by charts but this means i would like to only take confirmatory signals and avoid anticipation. For the day we would like to go short below 5440 and long only above 5485.
SIGNAL : Use buy and sell signals of TDI - BS only for the day.
BankNifty
TREND : On expected lines, Banknifty is planning to rest before its next move to 10850 or 10550. For the day we will go short only sell signals and long only above 10725.
SIGNAL : Use buy and sell signals of TDI - BS for the day
CNXIT
TREND : The verdict is still clear no buy, but if there is weakness then only sell CNXIT else avoid trading in the same
SIGNAL: avoid signals
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Monday, May 30, 2011
Gold and Silver : another move in the making
Today or tomorrow we get another chance to play a goo big swing move in gold and silver. Up or down, lets wait for it to happen.
Technical Views - Commodities 30th May 2011
Technical Views - Commodities 30th May 2011
MCX GOLD1
TREND : Gold is at a crucial juncture. Incase if gold can trade and sustain above 22550 then we can expect 22800. Else we turn bearish on Gold with first target of 22350 and 2nd target we will disclose later as the story unfolds on the charts. 300-400 points upside or downside movement is on the cards. For today trend decider is 22550
SIGNAL : Use buy signals for trades above 22550 and sell signals below 22550
MCX SILVER1
TREND : The trading pattern on the 60min charts is of consolidation and waiting to breakout for a 2000 point up or down movement. We build positional longs above 57750 and positional shorts below 57100.
SIGNAL : Use buy and sell signals of TDI BS for the day
MCX Crude1
TREND : Still consolidating, we are holding our longs with a SL of 4525. For today we advise you to go short only below 4525 and build longs above 4580.
SIGNAL: Use only Buy and sell signals of TDI BS
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Nifty - Signs of more upside movement
Technical Views - Equities 30th May 2011
NIFTY
TREND : We are on the right path for our first target 5515. The levels for the day are 5440 - 5480. I have a bullish bias in my heart but my mind will play both the long and short signals for the day
SIGNAL : Use buy and sell signals of TDI - BS only for the day.
BankNifty
TREND : The momentum in BankNifty was so good that it nearly achieved its first target of 10700 on friday itself. we expect some consolidation before it heads towards its 2nd target of 10850
SIGNAL : Use buy and sell signals of TDI - BS for the day
CNXIT
TREND : On expected lines, the bullishness of its peers helped CNXIT cover some ground. The verdict is clear no buy, but if there is weakness then only sell CNXIT else avoid trading in the same
SIGNAL: avoid signals
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Friday, May 27, 2011
Will Gold consolidate today
Wait for the correction to get over before you go long on Gold or Silver
Technical Views - Commodities 26th May 2011
Technical Views - Commodities 26th May 2011
MCX GOLD1
TREND : We got a 100 points move on the down side and expect a similar move today also. For the today longs only above 22450 and shorts below 22340. In between this range we advise not to take any positions
SIGNAL : avoid using signals and trade the breakout of the above range. Once in trade exit on TDI SL
MCX SILVER1
TREND : Totally against our expectations. It breached 58000 and 56500, But the TDI BS signals made good money for us. This is the beauty of human analysis combined with computer algorithms. When you are incorrect it saves you and maybe earn for you too and when the computer is incorrect (only in sideways market) the human analysis helps in reducing the blow.
For today, the pattern of the yesterdays trading is very bearish and suggests a further down move if 56150 breaks till 54100 and an extreme move till 53000. But as a prudent trader we will also look to buy above 57000 for a target of 57500.
SIGNAL : Use buy and sell signals of TDI BS for the day
MCX Crude1
TREND : Went wrong on crude also yesterday. In-spite of the fall yesterday, the pattern has not turned bearish yet. SL for longs is at 4525 and we are still long on CrudeOil. Short side opportunities below 4500 for today or at higher levels around 4660-70 if the sell signals come
SIGNAL: Use only Buy and sell signals of TDI BS
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Nifty - first signs of moving up
5450 - 5500 seems to be close now. Nifty has given a very impressive bounce back and once again our charts helped us close our shorts at a very nominal loss and we went long at 5360
Technical Views - Equities 27th May 2011
NIFTY
TREND : As expected we were prepared to book small losses in out short positions and enter longs in Nifty. For today 5450 will act as resistance and on the lower side Nifty can touch 5380 - 5390, but these should be used to create longs. In the next couple of days we expect Nifty to touch 5470 and 5510. Our SL for the positional longs for today is 5350.
SIGNAL : Use buy signals of TDI - BS only for the day.
BankNifty
TREND : Clear signs of bottoming out are visible on the charts. Longs can be built on buy signals and also on the breach of 10525. Bullish days ahead. But i dont want to sound over-ally bullish. We advise you to keep a Stop & Reverse at 10350.
SIGNAL : Use buy signals of TDI - BS for the day
CNXIT
TREND : As it has broken down, the bullishness of its peers also could not help CNXIT come up. For today, if there is a weakness in the market then only sell CNXIT else avoid trading in CNXIT
SIGNAL: avoid signals
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Thursday, May 26, 2011
Everything is down but momentum is missing
Nifty has broken its crucial level, Banknifty is still to break the same, CNXIT has fallen but there is still one thing missing - Momentum. In this situation keep strict SL and exit at SL.
Technical Views - Equities 25th May 2011
NIFTY
TREND : We are now short on Nifty below 5350 on a very small position, as the charts could not display confidence. We will add to our short positions if 5360 is not breached on the upper side. 5360 will also act as our stoploss for stop and reverse. It means that we will exit and create longs, if Nifty sustains above 5360.
SIGNAL : Use buy and sell signals of TDI - BS for the day.
BankNifty
TREND : For today take the buy calls again and shorts below 10350 only
SIGNAL : Use buy signals of TDI - BS for the day
CNXIT
TREND : Finally broken with a GAP. We made lesser money than anticipated. but will look to short it again on sell signals.
SIGNAL: Use sell signals to short.
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Crude has broken out...........
Some more room on the upper side, but we advise our subscribers to reduce or exit positions and book their profits. Sit on cash for the next move
Technical Views - Commodities 26th May 2011
Technical Views - Commodities 26th May 2011
MCX GOLD1
TREND : Sometime market act really funny, targets which should take 2-3 days are being achieved in a day. This is strange for me as this reflects coordinated moves by smart money, in these moves the retail investors get wiped out even before they can change their mind. Just a thought to share, let me come back to my focus. For today go long with small positions and small targets above 22570 and go short below 22460. Keep strict SL for shorts and exit only at SL. Let the profits run on the short side.
SIGNAL : Use Buy signals to enter new positions above 22570 only and Sell signals anytme
MCX SILVER1
TREND : Silver has still not given any confirmations for a fall, but i expect it to remain in the range of 56500 - 58000. We can create aggressive shorts on Sell signal only for a target of 300-400 points with a small SL (but avoid it is a better option). On long side, take the Buy signals as they come
SIGNAL : Use buy and sell signals of TDI BS for the day
MCX Crude1
TREND : Finally it has broken the 4550 barrier and we are now long on Crude for a target of 4670. No short side opportunity today.
SIGNAL: Use only Buy signals
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Wednesday, May 25, 2011
Silver - Bang on Target
Thanks to all the investors who believed in our idea and invested in Silver. Keep your short term target at 58000
Technical Views - Commodities 25th May 2011
Technical Views - Commodities 25th May 2011
MCX GOLD1
TREND : Today we can go short on Gold below 22335 and Longs anytime as the signals point. We expect Gold 22525 in the next few days.
SIGNAL : Use Buy signals to enter new positions and Sell signals only below 22335
MCX SILVER1
TREND : Today Silver is both a long and short play. With a Stoploss of 52300 we can short silver for a target of 54500 and Take longs only of the Buy signal of TDI BS
SIGNAL : Use buy and sell signals of TDI BS for the day
MCX Crude1
TREND : 4350 - 4550 is the major range. For the day if Crude tries to come close to any levels try to buy around 4400 and short around 4500 for small profits
SIGNAL: Avoid using Buy and Sell signals for today
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Look for an upmove today.....
Technical Views - Equities 25th May 2011
NIFTY
TREND : Today we can look to buy Nifty on account of 2 reasons, 1) the 60 min chart is suggesting a candle reversal though a small one. And secondly there is again a divergence between the RSI and Nifty. These both signals can help Nifty touch 5415 - 5445. Take shorts only below 5350
SIGNAL : Use only buy and sell signals of TDI - BS for the day.
BankNifty
TREND : The weaker of the lot has given first signs of revival and did not breach its level of 10350. Yesterday we got the opportunity to take longs above 10400 which were exited at 10480. For today take the buy calls again and shorts below 10350 only
SIGNAL : Use buy signals of TDI - BS for the day
CNXIT
TREND : Still consolidating.............. till when i am not sure but CNXIT is on my watch list. A break of 6540 - 6685 will be a good trading opportunity. Yesterday we saw a fall below 6540 but that was not sustainable.
SIGNAL: Avoid using signals. Wait for the breakout and trade accordingly
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Tuesday, May 24, 2011
Silver - should break out today.........
We are expecting a big upside move in Gold and Silver. Let your longs run and cut your shorts for small profits or losses.
Technical Views - Commodities 24th May 2011
Technical Views - Commodities 24th May 2011
MCX GOLD1
TREND : Another profitable trading day in GOLD, 22150 will act as support and 22500 as the resistance.
SIGNAL : Use Buy signals to enter new positions and Sell to exit longs
MCX SILVER1
TREND : As per our expectations Silver did not breakout yesterday. Lets wait and trade the breakout today. The first target for Silver is 55000 but the pattern target is 58300.
SIGNAL : Use buy signals of TDI BS for the day
MCX Crude1
TREND : 4550 will remain to act as a resistance and the support is getting breached everyday but Crude does not sustain below the crucial levels. This suggests us that we should use 4350 as support. 4425 is no more a valid supprt
SIGNAL: Both buy and sell signals of TDI - BS can be used for the day.
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
CNXIT - The next big trade...........
Technical Views - Equities 24th May 2011
NIFTY
TREND : We opened below our support of 5445 against our expectation. We also could not go short in the first 30mins due to the gap down opening. But made some profits below 5414. 5350 still remains intact and look to create shorts below the same. For the day 5350 - 5400 will be the range and a break on either side is a trading opportunity. We will initiate positional calls only on the breach of 5350 - 5520.
SIGNAL : Use only buy and sell signals of TDI - BS for the day.
BankNifty
TREND : As per our expectation Bank Nifty was the weaker of the lot and witnessed the breach of 10350 a very important level. In-case today also it remains below 10350 we will initiate short positions. And if on the upper side 10410 is breached we will look to buy Bank Nifty. No trades inside the range of 10350 - 10410
SIGNAL : Use buy and sell signals of TDI - BS for the day
CNXIT
TREND : Still consolidating.............. Very good consolidation is happening in CNXIT. A swing move of 150 points is in the making. A break of 6540 - 6685 will be a good trading opportunity. Yesterday we saw a fall below 6540 but that was not sustainable.
SIGNAL: Avoid using signals. Wait for the breakout and trade accordingly
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Monday, May 23, 2011
Gold has broken out ..........
We are expecting a big upside move in Gold and Silver. Let your longs run and cut your shorts for small profits or losses.
Technical Views - Commodities 23th May 2011
Technical Views - Commodities 23th May 2011
MCX GOLD1
TREND : Finally Gold has broken out and we have a long position in the same. If you haven't entered. You will get a chance, buy the dip around 22050 - 22090. If you are short, GET OUT. If you are long, keep exiting the position if a TDI BS - Sell signal comes on a 30 min chart and buy again below. We expect a 500-700 points move in Gold. This target remains intact until 21840 does not break.
SIGNAL : Use Buy signals to enter new positions and Sell to exit longs
MCX SILVER1
TREND : A pattern similar to Gold is developing on the charts. Silver should break 54000 on the upper side today. The first target for Silver is 55000 but the pattern target is 58300.
SIGNAL : Use buy signals of TDI BS for the day
MCX Crude1
TREND : Both buy and sell signals were profitable yesterday. 4550 will remain to act as a resistance and 4425 as the support for the day
SIGNAL: Both buy and sell signals of TDI - BS can be used for the day.
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
5450 - 5525 levels for the day
Bounce back complete. Trade small on both sides Buy & Sell. Bullish above 5525 and Bearish Below 5445
Technical Views - Equities 23th May 2011
Technical Views - Equities 23th May 2011
NIFTY
TREND : On expected lines, we saw a bounce back on Friday's trading. Today we do not expect any big moves. 5515-20 will act as resistance and 5450 as the support for the Day. Intraday trades should be done with small profit targets only. We will initiate positional calls only on the breach of 5350 - 5520.
SIGNAL : Use only buy and sell signals of TDI - BS for the day.
BankNifty
TREND : Incase we witness any selling today, BankNifty will be the front runner. In comparative terms BankNifty is the weaker one of all three.
SIGNAL : Use buy and sell signals of TDI - BS for the day
CNXIT
TREND : Still consolidating. Very good consolidation is happening in CNXIT. A swing move of 150 points is in the making. A break of 6540 - 6685 will be a good trading opportunity
SIGNAL: Avoid using signals. Wait for the breakout and trade accordingly
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Friday, May 20, 2011
GOLD : ready to break (up or down) lets wait and trade
Gold is the better trading bet for the day.
Technical Views - Commodities 19th May 2011
Technical Views - Commodities 19th May 2011
MCX GOLD1
TREND : Exactly as we planned, the breakout did not happen yesterday. Today we might get a big move on the breach of 21800 - 21950. Both levels need to trade for 15 mins minimum for the trade confirmation
SIGNAL : Avoid using the signals for the day. Trade the breakout only
MCX SILVER1
TREND : The shorts below 53475 were in profit yesterday. For today the levels to trade are 52665 - 54265. If gold breaks up, we expect silver to also touch 54840
SIGNAL : Use buy n sell signals of TDI BS for the day
MCX Crude1
TREND : The sell signals were profitable yesterday. For today watch for buying signals and sell only below 4415
SIGNAL: Both buy and sell signals of TDI - BS can be used for the day.
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Intezar hum kareinge...........
5450 could not break yesterday, we remain short. We will cover our shorts and go long on the breach of 5450.
Technical Views - Equities 20th May 2011
Technical Views - Equities 20th May 2011
NIFTY
TREND : The analysis is unchanged. Same as yesterday. On the 60 min charts we find a divergence between the price and the indicator. This pattern will help Nifty bounce back. The low of 5400 should not break for this pattern to realize its potential On the upper side we expect 5515 & 5605. For bears the SL to hold shorts is 5450. Is this a bottom - No. The charts a suggesting a up move and we are playing the same. Time and again i have stressed the fact that as a trader we should follow the flow and not stand against it waiting for it to correct. We are small stones in an ocean full of strong waves. We will never know when we are washed away by these strong currents. So be cautions and play the trend
SIGNAL : Use only buy signals of TDI - BS for the day.
BankNifty
TREND : Same as yesterday again. Similar pattern is seen on the Banknifty charts also. Bounce is on the radar. 10700 will be the trend decider
SIGNAL : Use only buy signals of TDI - BS for the day
CNXIT
TREND : Same as yesterday. Very good consolidation is happening in CNXIT. A swing move of 150 points is in the making. A break of 6540 - 6685 will be a good trading opportunity
SIGNAL: Avoid using signals. Wait for the breakout and trade accordingly
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Thursday, May 19, 2011
Up Up and away, lets party till the trend lasts
ALERT : Investors (1yr - 2yrs) can think of purchasing Silver at every dip. To learn more on this. call me on 9873155513 or email info@topdataindia.com
Technical Views - Commodities 19th May 2011
Technical Views - Commodities 19th May 2011
MCX GOLD1
TREND : Booked a small loss in Gold but made a very good profit in Silver. I have adjusted my lines of the triangle pattern that i was talking in my earlier post (http://topdataindia.blogspot.com/2011/05/gold-planning-big-move.html). We still feel the big move is in the making. For the day the levels for this triangle are 21750 - 22015. The confidence level will be even higher if these levels are not broken today and it consolidates in a more tighter range and then breakout. The power and accuracy will be much better if Gold breaks this triangle on friday the 20th May
SIGNAL : Avoid using the signals for the day. Trade the breakout only
MCX SILVER1
TREND : Use 53475 as SL for all longs. On the upper side 54840 is a resistance where Silver should complete this uptrend. Some minor resistance also exists at 54100. Intraday shorts can be built below 53475
SIGNAL : Use buy n sell signals of TDI BS for the day
MCX Crude1
TREND : Crude was are best bet for yesterdays trade. One side up move. For today 4550 will act as resistance and support exists at 4500. Look to buy as and when signals appear. On the extreme side it can touch 4650
SIGNAL: Both buy and sell signals of TDI - BS can be used for the day.
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Nifty - Ready for a Bounce UP
We are still short but trading above 5450 will be the first trigger to exit shorts and go long. Please see the chart below
Technical Views - Equities 19th May 2011
Technical Views - Equities 19th May 2011
NIFTY
TREND : On the 60 min charts we find a divergence between the price and the indicator. This pattern will help Nifty bounce back. The low of 5400 should not break for this pattern to realize its potential On the upper side we expect 5515 & 5605. For bears the SL to hold shorts is 5450. Is this a bottom - No. The charts a suggesting a upmove and we are playing the same. Time and again i have stressed the fact that as a trader we should follow the flow and not stand against it waiting for it to correct. We are small stones in an ocean full of strong waves. We will never know when we are washed away by these strong currents. So be cautions and play the trend
SIGNAL : Use only buy signals of TDI - BS for the day.
BankNifty
TREND : Similar pattern is seen on the Banknifty charts also. Bounce is on the radar. 10700 will be the trend decider
SIGNAL : Use only buy signals of TDI - BS for the day
CNXIT
TREND : Very good consolidation is happening in CNXIT. A swing move of 150 points is in the making. A break of 6540 - 6685 will be a good trading oppurtunity
SIGNAL: Avoid using signals. Wait for the breakout and trade accordingly
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Wednesday, May 18, 2011
Silver Up Gold Down ...Kya Karein Aaj
ALERT : Investors (1yr - 2yrs) can think of purchasing Silver at every dip. To learn more on this. call me on 987315513 or email info@topdataindia.com
Technical Views - Commodities 18th May 2011
Technical Views - Commodities 18th May 2011
MCX GOLD1
TREND : Gold has broken down on the 60min chart. We are holding our shorts with a sl of 21900. The breakout has happened faster than we thought. So the confidence level in the trade is less.
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day.
MCX SILVER1
TREND : A 2000 point movement yesterday to us is consolidation only. But the problem on the charts is a bit different. Gold has broken down and Silver is pointing upwards. If i believe there is a correlation so one of my call has to go wrong. Instead of waiting which one. I have traded both with a small SL. And instead of booking small profits i plan to wait for the SL to trigger.
SIGNAL : Use buy & sell signals of TDI BS for the day
MCX Crude1
TREND : We made some money shorting Crude. But today i suggest to go short only below 4300 and look for buy signals to trade Crude. We expect it to touch 4390 again.
SIGNAL: Both buy and sell signals of TDI - BS can be used for the day.
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Nifty has brokendown but Bears be on the vigil
If Nifty does not trade below 5440 today, we will exit our shorts. And wait for another opportunity to short
Technical Views - Equities 18th May 2011
NSE NIFTY1
TREND : We are short on NIFTY but will exit the position incase Nifty does not trade below 5440. We feel this could be a false breakdown and Nifty reverses its trend. Today's trading is very tricky. Play shorts below 5440 and reverse positions if Nifty trades above 5440. To judge when to switch, let the Nifty trade for 10-15mins above or below 5440. This is a good indicator for the stability of 5440
SIGNAL : Do not use Buy Sell Signals of TDI BS today
TREND : We are short on NIFTY but will exit the position incase Nifty does not trade below 5440. We feel this could be a false breakdown and Nifty reverses its trend. Today's trading is very tricky. Play shorts below 5440 and reverse positions if Nifty trades above 5440. To judge when to switch, let the Nifty trade for 10-15mins above or below 5440. This is a good indicator for the stability of 5440
SIGNAL : Do not use Buy Sell Signals of TDI BS today
NSE BANKNIFTY1
TREND : Enjoy your profits in BankNifty and remain short with a stoploss of 10900. The breakdown is confirmed and the target for the same is 10350- 10050
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits.
NSE CNXIT1
TREND : CNXIT hasn't broken down yet. Trades can be done on the break of the range of 6540 - 6685. Confirmed breakdown happens below 6450. Wait, Wait and just wait for levels to break
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day to make profits.
Your feedback & comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact
Yahoo IM : topdataindia | Gtalk : topdataindia | Phone : 9717555433 / 66
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact
Yahoo IM : topdataindia | Gtalk : topdataindia | Phone : 9717555433 / 66
Tuesday, May 17, 2011
Gold : planning a big move....
ALERT : Investors (1yr - 2yrs) can think of purchasing Silver at every dip. To learn more on this call me on 987315513 or email info@topdataindia.com
Technical Views - Commodities 17th May 2011
Technical Views - Commodities 17th May 2011
MCX GOLD1
TREND : On the 60 min charts an interesting triangle pattern is being formed. This suggests that there is some more room for consolidation and the breakout is in the making. For today the breakout levels are 21800 - 22100. This pattern also suggests a move of 500-700 points which ever side it breaks. So be very cautious and do not remain against the trend for long.
SIGNAL : Both buy and sell signals of TDI - BS can be used for the day.
MCX SILVER1
TREND : Alas Silver is trying to consolidate. Even on day of consolidation, Our signals could generate profits on both sides. For today 52190 - 53900 will the range. A break on the downward side will lead to good swing sell and on the upward-side Silver can touch 54500.
SIGNAL : Use buy & sell signals of TDI BS for the day
MCX Crude1
TREND : Both side opportunities exist. For the day 4390 - 4500 should be the range. A break on either side will result in trading opportunities.
SIGNAL: Both buy and sell signals of TDI - BS can be used for the day.
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
Subscribe to:
Posts (Atom)
LinkWithin
