Technical Views - Commodities 25th July 2011
MCX GOLD1
TREND : Power of Charts displayed yet again. We were ready to go short in Gold below 22840, but were waiting for a closing below the same. Gold did touch 22833 but did not trade below the same for 5 mins also. This helped us avoid shorts and and we took long positions at 22920 which resulted in handsome profits. For today we will play both long and short.
TREND : Power of Charts displayed yet again. We were ready to go short in Gold below 22840, but were waiting for a closing below the same. Gold did touch 22833 but did not trade below the same for 5 mins also. This helped us avoid shorts and and we took long positions at 22920 which resulted in handsome profits. For today we will play both long and short.
Support & Resistance - 23040 / 23150
SIGNAL : Use buy and sell Signals of TDI BS
MCX SILVER1
TREND : Inline with the Gold, Silver also did not touch its crucial level of 57000 and gave us an opportunity to go long.
SIGNAL : Use buy and sell Signals of TDI BS
MCX SILVER1
TREND : Inline with the Gold, Silver also did not touch its crucial level of 57000 and gave us an opportunity to go long.
Support & Resistance - 59040 - 59840
SIGNAL : Use buy and sell Signals of TDI BS
MCX Crude1
TREND : We have a positional long at 4400 in Crude for a target of 4600. We will use 4380 as SL for this positional long today.
Intraday traders can use both buy and sell signals. The support for the day is at 4405 and resistance at 4465.
SIGNAL : Use Buy and Sell Signals of TDI BS
TREND : We have a positional long at 4400 in Crude for a target of 4600. We will use 4380 as SL for this positional long today.
Intraday traders can use both buy and sell signals. The support for the day is at 4405 and resistance at 4465.
SIGNAL : Use Buy and Sell Signals of TDI BS
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