Technical Views - Commodities 22nd June 2011
MCX GOLD1
TREND : Very good consolidation is seen on the charts after the breakout. We have a positional long at 22550 and will move our SL from 22450 to 22550 today. For intraday 22600 - 22700 is the range. A breach on either side will result in a 100 point swing rise or fall.
SIGNAL : Trade the breakout, avoid signals
MCX SILVER1
TREND :Though we have mentioned 54800 achievable, but the zone of 54600 - 54800 has lots on complexities, we suggest our readers to exit longs in this zone and wait for confirmations before you can go short. This is a zone of think, wait and act.
TREND : Very good consolidation is seen on the charts after the breakout. We have a positional long at 22550 and will move our SL from 22450 to 22550 today. For intraday 22600 - 22700 is the range. A breach on either side will result in a 100 point swing rise or fall.
SIGNAL : Trade the breakout, avoid signals
MCX SILVER1
TREND :Though we have mentioned 54800 achievable, but the zone of 54600 - 54800 has lots on complexities, we suggest our readers to exit longs in this zone and wait for confirmations before you can go short. This is a zone of think, wait and act.
SIGNAL : Use both buy and sell signals of TDI BS
MCX Crude1
TREND : Look to create longs with a SL of 4185. Shorts only below 4185 and that to after it trades for atleast 10-15mins below 4185. On the higher side 4300 can be achieved again.
SIGNAL : Use buy signals of TDI BS
MCX Crude1
TREND : Look to create longs with a SL of 4185. Shorts only below 4185 and that to after it trades for atleast 10-15mins below 4185. On the higher side 4300 can be achieved again.
SIGNAL : Use buy 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
No comments:
Post a Comment