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Thursday, August 15, 2013
"Strike Closes World`s Top Copper Mine in Chile" MCX Copper Tone set for 484 - 506 & Nymex 3.442 - 3.502 ?
Copper Seasonal Move on cards tells the Tape Reading Bears Caution! Big Moves are always From No where Until the headlines flash on Moneycontrol the theories by Experts
$HG_F $COPPER Has taken sup near 3.324 & marching towards 3.374-3.390 ,Chile Copper Mine Shut Down + Monthly Technical Initial Break Out may fuel the Bullishness -
Healthy European Economy Signs is a +ve sentiment 4 the metal-Overall COPPER Seasonal Move has Set pace targeting 3.442 - 3.502
The last strike in July 2011 had pushed up International Copper Prices , It was July then but Aug now lets call it #CopperSeasonalMove
Wednesday, August 14, 2013
MCX GOLD SILVER INTRADAY CALL : 14 AUG 2013
Sell MCX Gold @ 28892 target 28670 - 28618 stops abv 28945 Reversal target @ 29064 - 29116
Sell Mcx Silver @ 46252 target 45685 - 45550 stops abv 46386 Reversal Tgt @ 46688 - 46822
Monday, August 12, 2013
Nymex - Comex - Gold > Daily > Weekly Trend & Trading Levels : 12 Aug 2013
Daily Momentum Uptrend Resistance @ 1320.5 - 1323.2 & Supp @ 1311.60 - 1309
Daily Trend : Mometum Bullish With Bearish Streak Indicating a Possible dip in the early week up to 1301.60 then a bounce and later again Fill the 1290 GAP
Weekly Trading Levels
Best Buy & Support 4 the week @ 1290 Actual Resistance & Best Short Level @ 1301.60 (Curr Supp) A break Above 1313.25 upside target @ 1338.08 - 1349.5 however a crack below 1278.40 downside capped @ 1254 - 1242.6
Sunday, August 11, 2013
$GREK $EWP $EQT $FOE $CYBX Daily - Weely Trend & Trading Levels : 12 Aug 2013
The Global X FTSE Greece 20 ETF (GREK)
$GREK Is a Buy b/w 17.88 - 18 target intact @ 18.95 - 19.28 however below 17.62 downside reversal @16.46 - 16.12 $ETF #AMEX
EWP iShares MSCI Spain Index (EWP)
$EWP Sup b/w 32 - 32.26 target @ 33.42 - 33.76 & Tape suggests the Party will End Shortly & possible correction till 30.76 - 30.42 on the cards
EQT Corporation
$EQT Daily Trend Indicates a bottom in place but Weekly & Monthly trend Remains Firm Bearish > Actual Resis & best sell @ 86.32 tgt @ 81.32-80.14
FOE Ferro Corp.
(Bullish STOCK Pick of the week)
$FOE Best Buy & Sup @ 7 - 7.14 upside capped @ 7.68 - 7.88, Below 6.78 reversal Tgt @ 6.42 - 6.24 > Bullish
CYBX Cyberonics Inc
$CYBX Facing Intermediate Resis In Near Term However Bullish Momentum likely 2 continue as of Daily & weekly >>
Trading Levels (Daily) Sup & Best Buy b/w 53 - 53.52 upside @ 54.45 - 54.75, below 52.88 its 52.6 - 52 (weekly sup)
Above 55.08 > Up Trend Likely 2 Continue >> 55.38 - 55.78
Cybertronics #ShortTerm #Resistance Above 55.80 - 56.25 #bulls #Exahaustion #phase Possible #correction till 48.98 - 48.12
Wednesday, August 7, 2013
Nymex - Comex - Silver- Gold & Mcx Silver - Crude Oil Update : 1 - 3 weeks > 07 Aug 2013
Buy Silver @ 19.26 - 19.08 Stops below 18.70 target 21 - 21.26
Now @ 19.22
Buy Gold b/w 1276 - 1266 stops below 1236 Target @ 1372 - 1376
Now @ 1274
Mcx Silver is a Buy @ 41060 - 41260 with stops below 40300 targets INTACT @ 46060
Now Trading @ 41226
Crude oil is all set to Fill the Gap "5990" sooner than Latter
Now @ 6462
Tuesday, August 6, 2013
Gold - Nymex - Comex Trading Levels 4 the week ahead : 05 Aug 2013
$Gold
Best Buy & sup @ 1304 (current Resis) Actual Resis & Best short level @ 1317.6 A break above 1332 upside target @ 1360 - 1374 however a crack below 1290 downside target @ 1262 - 1248
However we advise traders not to keep any short positions below 1266
Daily Trend Technical Graphics will be updated shortly
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