Crude Oil Outlook

The Crude oil had a bearish week, but has stopped at the $95 level, an area we have as support. Because of this, we are buyers between here and $90. If $90 gives way as support – this would be a massive trend changing event. Unless that happens, we are buying the dips.

Natural Gas Outlook

Natural gas market traded lower all week and is approaching the bottom of the massive consolidation area we find ourselves in, between the 4 and 5 dollar marks. As such, we are currently looking for supportive candles from which to establish new long positions. If we get a daily close below $4, this would change our minds and switch us to net sellers of this contract.

Gold Outlook

Gold prices are most likely to continue their bullish trend over the coming period, especially since the level of uncertainty remains unusually high, as beyond the debt crisis in Europe and the United States, the uncertainty surrounding the outlook for global growth is also very high, and that could further boost demand for safe havens including gold.

NIFTY OUTLOOK

AS I MENTIONED THE DAY BEFORE YESTERDAY NIFTY MADE A LOW OF 5491 ,,,MY TRGT WAS 5496 AND CLOSING BELOW 5496-5550 I TOLD HOLD SHORT FOR THE TRGT 5468-5350-5300 FOR POSITIONAL ..  BOOK PARTIAL PROFIT AT CMP LEVEL.


CLICK HERE  WHAT I MENTIONED ABT NIFTY

MARKET OUTLOOK

Market tops are designed to fool you. That's why it pays to look for the overlooked. Consider these three potential opportunities, which the media and the herd have failed to notice:

1. Silver stands at the end of an Elliott Wave pattern which precedes a multi-month move. The current juncture in this pattern should tell us very soon where the trend is headed.

2. A major blue-chip stock index is trending toward the end of a "head & shoulders" pattern. We expect the break of a nearby price level to both confirm the pattern and accelerate the trend.

3. The Dollar has recently seen several false starts. But here too, our analysis calls for the trend to announce itself very clearly, very soon.

Crude Oil

Crude oil 


Supports $98.08-97.41-96.33   MCX (4,320 4,370 )
                                   4410*
Resistance $100.24*-100.91-101.99  MCX (4,462 4,530)


         
Buy only if it breaks todays high(4410) 


i have  Bearish mood with crude . One could sell


around 4368 with a stop of 4410   TRGT 4344--4300



Its trading in tight range and today inventory also is there   Crude oil inventory are expected to drop by 
1.2 Million barrel, which is expected positive for oil 
prices today. 



And US Energy Department report is expected to be 
released today and is forecast to show a decline in oil inventories 
by 2 million barrels. If data comes in as per expectations then oil 
prices will take support. 





Crude oil prices are expected to trade with on a rangebound note 
today, taking mixed cues from  dollar weakness  and  US debt 
concerns.  
In the later part of the trade the commodity will take cues from 
the inventory report by the US  Energy Department and if data 
comes in as per expectations then prices will take support. 


Today totally my sentiment towards Crudeoil is SIDEWAY medium risk traders dont enter in crudeoil trade today risk traders can enter as per abv mentioned level.

CRUDE OIL

morning rcmnd buy crude on dip with at 4395  trgt 4465/4510 risk traders can hold the call with SL and others can Exit crude oil as its not giving expected moment. and wait for fresh entry. (But probable high will be 4465)

silver hit

silver hit 1st trgt buy on dip rcmnd at 59700 level cmp is 59950 book 50% profit and wait for other trgts 60175/60450  and modify ur SL to cost+
abv 59950 fresh buying can start,
 those who not entered in morning buy call can buy now abv 59950 with SL at 59750 trgt 60150/60450

Nifty in selling pressure

Nifty once it has broken 5610 level and trading below this levels , and its trgting 5558-5496 levels todays trgt and its close btwn 5496-5550 levels positional trgts will be 5526-5468-5350.

Overall nifty is trading in the range what i had mentioned on 19th june 

Ultimate analysis of nifty for the coming 8 months

For the next 6-8 months I m expecting nifty 25% growth from the year low

Major considerable levels are ;

4850-5080-*5195-5470--5550-5740*-5904-6080*6262-6449*++++   (6642-6841-7046-7254)

and see the  now from 2days market is unable to sustain abv 5710 just it has touched and fall today cmp is 5603 made low of 5583 , last week i had mentioned nifty range will 5523-5711*-5740

 i sent msgs to my subscribers sell 5690 levels with stop at 5711 nearly they got 100pts 

Nifty level

u want the nifty levels CLICK HERE and see what i had mentioned abt nifty in the last week  

Bullions and Base metals ,Oil and energy

Gold  buy abv 23270 for the trgt of 23320-23345-23470*

Silver buy on  dip with stop at 59500 for the trgt of 59950*-60175-60470

Copper          Zinc         Lead           Nickel    are in mood buy on dip  these metals have resistance at
 438.4        / 110.6      / 120.10        /1081.2 respectively.

Crude oil buy on dip with SL 4395 for the trgt 4465-4510
Natural Gas  sell btwn 193.6-193.8 stoploss at 195.4  trgt will be 191.9-190.4

ALERT

Morning i clearly i mentioned about resistance levels of all metals and see the bullions exactly touched our resistabce levels and made high of silver 60819  and gold 23350
and it started to fall and cmp is 60040 and made recent low of 59720 and gold 23250!!!!!!!!


Our subscribers sold silver 60750 level with SL 60851 and gold sold at 23320 levels with SL 23365



What next ????

BHEL

BHEL hit the target made high of 2004.90  buy given abv 1991 trgt of 2002 and 2014

Equity calls

SELL IBREALEST FUT AROUND 115-116, SL 118, TGT 110 (1-2 DAYS)

 Buy Renuka Fut @ 75.40 with SL of 73.40; Target 77.40

Buy BHEL Fut abv 1991 Target 2002-2010 stoploss at 1980.50

Todays levels

Intra-day Resistance levels: 

 Gold 23320,

 Silver 60750, 

Crude oil 4465, 

Copper 435.5,

 Nickel 1075,

 Zinc 110, 

 Lead 121.5, 

Aluminum 114.5 

Natural Gas 199

Exact levels

see silver exactly reached and fallen from the higher levels ..
i had given buy btwn 36.6-37.2  for the trgt of 39.23-40.2-41.2-41.8*
and it made high of 40.88 and again now it is 39.03

Click here what i had mentioned

NIFTY

AND SEE THE NIFTY ALSO ITS MADE OF 5627 AND I HAD MENTIONED 5617

All TRGTS HIT

As i mentioned in the morning silver made a high of 60739 (60750)
gold high 23320(23380/23480)
copper high 441.10(441)
nickel high 1075.9(1078)
Zinc  high 109.55(108)
Crudeoil 4326(4350)

Nifty analysis

Watch out these levels


Day levels
Lows  5526-5546
Highs  5597-5617

Week levels
Lows  5558-5468
Highs  5610-5741*-5780

 Monthly levels

Lows  5080-5195-5350-5400-5496*
Highs  5610-5740*-5780

Nifty is still in negative bias,, bullish start only abv 5940 to the new life time high or u can all time high  !!!! 

Todays Levels

All metals are in buy mood ,

silver today may touch high of 60750 and gold 23465, copper 441, zinc 108, crude oil 4350, nickel 1078

Lead sell below 121.20 for the trgt of 119.8

silver and gold

Silver all trgts are blast v r telling buy silver since from rs54400 levels for the trgt of 60000 and today silver made high of 59930, and gold from 22500 level v are telling buy and hold for the trgt 23249 and today gold made high of 23222 .


What is the next TARGET for these two METALS ?????/


Watch this SPACE  !! !! !!! !!

Silver trend for long term perceptive

SILVER::::Just levels $37.2-38.42-39.23-41.8$*


Till $41.8    ???????

SILVER breaks  resistance at 41.80 thoroughly What  could be the target of this upswing within next 7-8 weeks    ?

Now i m expecting first trgt of $39.9 and may be around 40.2to 41.2

A monthly buy signal will arise if silver closes above $41 -41.8- target will be ????????

and as i mentioned in last week about gold all time high  –even silver may more 

 new all-time highs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Gold trend for long term perceptive

From a monthly closing price of clearly more than 1615 (1625 or so) onwards it will start moving upward. as i mentioned earlier my long term trgt of gold is $1666 once its trading abv 1595,$1625*


 we waiting for the trgt $1666 with some correction between the range, and and i m getting a good buy signal abv 1615-1625$ range for the big trgt of $1800 over a period of time.(1Year)


1625 would activate gold prices over 1800. It would be a quick, tough move, without considerable corrections. 
for long term investors i said long(BUY&hold) near $1480-1500 range with SL of 1412$ and Gold remains at the monthly horizontal resistance at 1590. i m suggesting now to modify the SL to $1480 for the abv said Target.




Mcx gold now monthly support is at 22246 and lower line support is at 22046 levels,in this week i m expecting gold will reach our next trgt 23579($1615)


on monthly basis i m expecting gold will jump abv rs25000($1800) and even  rs27500($1830-2000$)

Monthly view of silver June-July

Click here  what actually i said about silver levels in the last month

silver

Bullish on silver

Bullions

click here this is what i said in the last month of first week 

NO TRADES

Click here  to know what we want to tell you.


click here actually what is silver analysis for this week which we posted in the last week.



Click here  what i said for silver and gold and respective targets and supports


Click here actually i mentioned these levels in the last month only

FULL SLIENCE TODAY, NO TRADES

Update

Due to some personal work today no updates ..


as we mentioned from last few days gold touched new life time high

silver Hit all trgts

Silver hit all our trgts cmp is 55260 and high made 55300,, we had given a buy call at 54400 at cmp level 900pts a profit of rs27000. and gold  we had given a buy at 22795 and it made high of 22867 ,,75points a profit of rs 7500 total a profit in these 2calls rs34500.whatelse u want ..


Close all Positions. have a happy evening.

Levels

As we mentioned in the morning  we were waiting gold high for $1578 and nows its made a high of$1579.35, and CMP 15373$
now what next  ????

will it go further UP or is it right level to sell ?????


Watch this Space !!!!!!!!!!!!!!!!!!!

silver almost hit 2nd trgt

silver made hogh of 55198 our trgt was 55250...and again CMP54750

Silver hit trgt

high made 54965, buy given abv 54440 and ext at 54929 1st trgt, Profit of 489points Rs14670

Silver Almost hit

Silver hit almost hit the first trgt made high of 54900 small risk traders can book profit and others wait for trgt 54929/55520

Silver and gold and oil

buy silver abv 54440 trgt 54929/55250  SL 53510
buy gold 22795  trgt 22894  SL 22622
 crude oil view buy on  dip ,,, better buy btwn 4280-4270 trgt of 4330/4370/and postional trgts 4400/4422

Is Right Time to SELL GOLD ???????????????

Is it right time to sell gold CMP1565$ (22740)???? i told so many we are waiting for high for gold ,Do you remember we have mentioned these lines in last week itself.,
Gold is supposed to produce some new all-time highs  !!!!!!!! 


Is it right time sell ???? or wait for 1574-1578$   !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Remember Our Words

Remember our words about the rebound levels for the gold , silver and crudeoil, and also see  the where to buy silver , gold for the next possible trgts , dont do the panic buying.]



Just watch these trgt for the bothside,, confused where to sell , where to buy ???

Markets will increase for silver. Target 36.50
NEXT POSITIONAL TARGET $32.56


Subscribers only???

Just read and forget

•  
Buy on the cannons, sell on the trumpets.
• 
  
•  P/E ratio- The percentage of investors wetting their pants as this market keeps crashing.
• 
  
• 
  
•  Value Investing-The art of buying low and selling lower.
• Sometimes your best investments are the ones you don’t make

• 90 % of the people in the stock market, professionals and amateurs alike, simply haven’t done enough homework
•  
•  

CRUDE OIL

on hourly basis we are in strong sell mood ..

crude oil

Those who not entered  sell call in the morning again can sell between 4211-4218, sell btwn $94.62-94.72$ for the trgt of $93.56/4160-4155

Ulimate Nifty analysis

what our levels said about nifty we have posted on 4th may 


Click here to see the proof.

Nifty

our clients bought 5400PE at rs30 and after our buy call it had gone to rs56 ,, clients has ext at 48-52 level and we said in the morning in  blog to sell nifty on every rise. and see nifty had made low of 5496 our trgt was 5515/5594. 

and also we said sell blw 5630 for positional on 7th post want proof click here

gold

gold made high of 22598 our trgt was 22625 ,, low risk traders can book part profit and close this position.CMP22560

crude oil

crude oil hit first target 4190 made low of 4190  sold below 4211,,20pts book part profit

Crude Oil

Yes crude oil  morning only v told wait and watch 4232 level then go for sell below 4216-4211 level, now it made low of 4212 go for sell below 4211 trgt see morning post

Bullions and OIL

Silver buy 53830 abv CMP53962 buy on small dip for the trgt 54132/54350 with SL53670


and Gold buuy abv 22515 CMP 22570 boy on dip for the trgt 22625 SL 22470

Base metals are in buy mood wait for the confirmation..
crude oil wait for the high, if it not breaks 4232 wait for the fresh position
Our sintiments towards Crude oil is bearish
 or sell if it breaks low 4216
sell below 4211 trgt 4190/4165 SL 4251

WE were waiting for high for silver and gold.

Our subscribers got the buy call from oud end at $1482-1484 level , and also see what was our trgt and see our levels waht we on last week of JUNE.






We ll wailt for the next high $1551
.
Just watch the levels 


Gold $1484-$1505-$1537-$1551 and our long term main trgt is $1666


Silver we just wait for the $36.68-37.2 is the our next entry into the short 




just levels $34.8---$34---$35.9---$36.68---$37.2  This what we said on 20th JUNE  want proof Just Click here

Silver hit the full trgt

For risky traders  Sell silver blw 54610 for the trgt 54400/53580 SL 54710


yesterday its made low of 53483 and closed at 53699

Silver BUY CALL ???

Silver buy call has activated abv 54900 CMP 55067 book part profit

SILVER

What is your sentiment?   OR   Members' Sentiments: 54%       46% BullishBearish

Silver Sell Call

If silver sustain below 54300 our bearish trgt will be 53625-53580,, already our sell call is active hold with modify SL to cost

Silver

Risky trade call has entered and achieved first trgt 54400  made low of 54343  and Cmp is 54474

Bullions analysis for the day

Silver deep analysis for the day -55020 and 55380 (main resistance)

 where correction is possible , break will lead 55755 , 

where again may be a correction . Then follows 56160 , 

if a strong impulse , we would have 56445, continuation would give 56700

Crude oil 

Trading range for the day is among the major support at 93.00 and the major resistance at 102.50.

The short term trend is to the downside with steady daily closing below 105.00, targeting 87.00. 

Market update .... Global News

* Spot gold edged down 0.1 percent to $1,542.01 an ounce by 0022 GMT, after rising 3.9 percent last week, its best since November 2009.

* U.S. gold was little changed at $1,542.80.

* Spot gold hit a two-week high of $1,544.14 earlier in the day, as sentiment continued to be encouraged by sluggish U.S. payrolls data on Friday that dampened hopes that the world's largest economy would recover quickly from a slowdown in the first half of the year.

Global News

* U.S. President Barack Obama met with leaders of both parties, seeking to break an impasse with Republicans on deficit reduction and avert a potentially catastrophic debt default.

* European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reflecting concern that the crisis could spread to Italy, the region's third largest economy.

* China's annual inflation accelerated to a three-year high in June, increasing the chances that the central bank will keep raising interest rates to tame price pressures that are spreading beyond food and energy.

Weekly levels

  Copper  Highs 439.95- 446.50 -455.20    Lows  424.70/   416.05/   409.50

Crude oil      Highs      4395/4503/ 4597      Lows 4193./ 4099/ 3991

  Gold  Highs        22580- 22809- 23244   Lows 21916 /21481.65 /21252

   Lead Highs      121.25- 122.40-123.85    Lows 118.65/ 117.20/ 116.10

  Nickel   Highs      1086.70- 1109.40 -1138.40     Lows 1035/ 1006 / 983.30

  Silver  Highs       56087-57438-59917   Lows 52257/  49778/  48427

  Zinc  Highs       106.50-108.10- 109.30Lows 103.60 /102.40/ 100.80

  Nifty            Highs       5730- 5800- 5860      Lows  5600/5540 /5470

Silver and gold

Silver recent high 55590  and gold 22794


 Base metals pack wait for confirmation

Lead and zinc are sell mood blw support levels
and copper and Nickel are in buy mood

Silver

Silver is looking positive for the upto 55590/55800
 Silver buy abv 54900  SL 54610 for the trgt of 55590/55800 if it breaks this level hold long position for positional ,for the trgt 56087/56600.

For risky traders  Sell silver blw 54610 for the trgt 54400/53580 SL 54710

Precious metal rebound

Gold turned upwards by the weekly support at 1482


$1443-1482-1508-1553-1578


( $ 1540-1542)

Gold is supposed to produce some new all-time highs  !

Today  is the major resistance is 55800($37.2)
And again support at $35.8/35
(rs53700/52500 these are the main levels to rebound silver for the possible target 55800/60000 ) 


Silver At 37.20 there is a trend line that seems to play an important part 

 If silver takes that resistance in the course of next week it would be a very strong buy signal. The 40$ would be the target! 

Possible Target


Mcx rs.55800 is the resistance if it breaks and takes as a support trgt would be rs.60000 in this week

Golden Rules

1)  Donot listen to  the news only  the market


2)  Diversify your trades


3) Have money management rules

Bullions levels

CLICK HERE To see What said about bullions for SHORT and see now current market level ,, our subscribers sold as we mentioned in old post ,,,,,,,

ZINC only one call TWo Trgts

Buy Zinc at 106.3-106.5 levels trgt 107.2/107.75  SL 105.8 below

Nifty 1yr chart

Quote

CHARTS NEVER FAIL BUT CHARTISTS MAY...

Trading Levels

Todays Probable High/Lows

Copper   Lows  439.12/   442.28/   448.07
               Highs   430.17 /424.38/   421.22

Gold        High 22256.33/   22355.67/   22456.33
                Lows  22056.33/ 21955.67 /21856.33

Silver        High 55065.67 /   55467.33 /56199.67
                 Lows 53931.67 / 53199.33 /52797.67


               

Bulliona & Base metals ,,,,,,,,,Silver ....Copper

Yesterday as we me mentined abv 53830v can see more upside upto 54750/54900  it has gone 54735 and again it closed at 54664

and even Copper afterr hitting all our trgts v said hold long for evening session for the trgt 432.3 and it has gone to 436.5 and closed at 435.95

Lead and zinc also marginally reached our 2nd trgts

Yesterday total 7 calls  all trgts hit total profit rs28500 if u work out only 1Lot each.

Silver view for evening sessions and coming days

If silver cross 53830 and closes abv said levels then we will see more upside further upto the

 54900/55550/55950

SILVER TRADING RANGE SEP 53830-55550

Whether is better level to buy at CMP for the trgt 55550 ?????

Buy or SELL  

?????????????????

Watch   this SPACE  !!!!!!!

copper hit

Copper hit all our trgts made high of 430.3 and risk traders can modify their SL Cost and wait for the trgt 432.2

Missed Good Profit

Those who not trade as per our call in the morning ...You missed the good profit

Nifty 40points  rs 2000

silver 150pts    rs4500

copper rs1.5    rs 1500

Lead 0.45ps    rs2250

Total                rs10250  this is only if u traded in 1Lot each it just in 2hours from market opened

Laed hit the trgt

Lead hit the first trgt 102.1 high is 120.4

Laed hit the trgt

Lead hit the first trgt 102.1 high is 120.4

Copper hit

copper hit first trgt 428.5 and made high 429.7  and modify SL to cost wait for trgt 430.3

silver hit first trgt

buy given abv 54205 trgt1 hit 54350 and made high 54452   modify ur SL for Cost .. wait for the trgt 54750 and +++++++++

Nifty hit trgt

Nifty hit our first trgt  5650 and now nearing to 2nd trgt 5675 book full profit and exit once

Todays levels and trading calls

               Todays trend      
 Nifty                       buy on dip fort trgt 5650/75 SL 5630 if it breaks 5630
                                 go for sell for positional trgt 5595/5563
 gold                          buy abv 22235 with Sl 22185 trgt 22295/22375 
 silver                         buy abv 54205 trgt 54350/54720 with SL54085
 crudeoil                     sell blw 4290 trgt will update later
 copper                       buy 427.5 with SL 424.35 trgt428.5/430.30 
 zinc                            buy on small dip trgt 106.9/107.10 SL 105.5
 lead                            buy at 119.65 SL 118.65 trgt120.1/121.10        

All Tagets hit

SILVER BUY ONLY ABV 53970 TRGT 54150/54350/54730  SL 53678

Gold  Buy only abv 22051 for the trgt 22134/22184  SL 22980

these are the calls which are given in the last evening sessions and see our performance, all our trgts hit silver closed  54085 and gold close 22198

LEAD

IGNORE     Lead just made low of 118.85 sell if it breaks only

ZINC & Lead

Zinc acheived 1st trgt 105.9 sell call entered 106.3blw modify SL to Cost wait for trgt 104.5


Lead has entered sell call blw 118.85

copper

Low risk traders can book profit 425.5 levels ,,, sell call has activated blw 427 trgt 425/422.1  and now made low of 425.6...now Rs1.40 per lot profit

Trading Range

Gold and Silver is trading in narroww range

 see gold made high 22049 and our trgt was 22045

and silver our trgt  53950 and it made high 53970  exactly as per our levels.,,

those who bought gold silver in the morning call close all positions, at currents levels.

For evening Sessions

SILVER BUY ONLY ABV 53970 TRGT 54150/54350/54730  SL 53678

Gold  Buy only abv 22051 for the trgt 22134/22184  SL 22980

Silver Target ??

Those who are waiting silver for the 2nd trgt can modify SL cost to cost

buy given at 53340 Trgt53510/53950  and cmp is 53566

GLOBAL ECONOMIC DATA

7.30 USD ISM NONMANUFACTURING PMI

EXPECTED53.9

PREVIOUS 54.6

Dont Love ur trade Trade with SL

Gold levels

Gold our trgt is 22045 and we rcmnd to book profit 22016lvl  those who are risk takers can wait for the trgt 22045 and if it cross 22051 den wait for the trgt 22134/22184

as we told in the last week if gold unable to sustain blw $1495 it can bounce back from $1482 upto $1511 and see CMP $1515 abv its trading.it may trgting $1525.


Nifty we had given call according to SPOT Nifty levels trade according  this levels with NIFTY FUTURE

Nifty Profit

Nifty sell given 5635-5645 booked profit 5615lvl  made profit of rs1300 in 1Lot just 20min a trade 

nifty hit trgt

see how the nifty is falling exactly from our selling levels and made low of 5613.5 our trgt was 5612 and v rcmnd to book profits blw 5620.



Keep on book profit with US

If nifty sustain below5535 go for sell btwn  5535-5545 for the trgt 5612/5600  with SL 5675

Enjoy the profits

Keep booking profits with  us ,,,,, for the right entry and levels keep on visiting  this blog

silver buy given at 53340 T1 53510   total profit rs5100 for 1 lot
gold  buy at mrkt openening price  T1 22045 rcmnd to ext 22016 levels  total profit rs3500 profit for 1 Lot

gold nearing Trgt

Gold made high 22016 , trgt is 22045 ,clients can start book profit at current levels 

silver hit

silver hit the first trgt 53510 made high of 53600 book part profit T2 53950

Nifty Levels

If nifty sustain below5535 go for sell btwn  5535-5545 for the trgt 5612/5600  with SL 5675

Today Trading levels

         Todays trend 
 Nifty                     buy on dip
 gold                      buy on dip Trgt 22045
 silver                     buy on dip/@ 53340  TRgt 53510/53950   SL52955
 crudeoil                 Buy at 4340  Trgt 4365/4391 Sl  4305
 copper                  buy  on dip or go for sell below 427 with SL 430.5  Trgt 425/422.10
 zinc                       buy on dip  // go for sell blw 106.3 Trgt 105.9/104.5  SL 107.3
Lead                      sell blw 118.85 With SL 119.45 ,T1118.3 T2 117.3


   Weekly trend 
 Nifty                       buy with SL5596
 Gold                       buy with SL 21920
 Silver                      buy on dip
 Copper                   buy on dip with SL 421.8
 Zinc                         buy on dip with SL103.3    


       Monthly trend 
 Gold                sell on rise With SL 22045
 Silver               sell on rise for the trgt 48600
 copper             buy on dips 420.3
Zinc                   buy on dip with SL 103.8    

ha ha ha haha h gold hit the trgt

enjoy the full profit gold made high 21885 our 2nd trgt was 21845 and those who are waiting for 3rd trgt 21895 can book full profit and close the gold position ,,,, wait for fresh entry.

gold book profit

Gold buy call initated  abv 21760 and now high made 21815, book rs55 profit or modify SL cost to cost,for the trgt 21845 ... low risk trades exit once full here den wait for fresh entry.

Nifty

Nifty spot resistance  at 5665
. Above that, it may touch 5680 and once it breaks  it may touch 5698 and 5714 
. Ultimate resistance is at  5721


On the other side, 
if nifty breaks 5618,
 it may fall till 5608. Support  nifty at 5608 level. Below that it may touch 5583 - 5570 level. 
Ultimate Support acting at 5550

Market update

Today market opened with negative bias ,us markets were closed yesterday,and asain markets are mixed in the morning sessions...

equity call

buy A2ZMES at 268abv for the trgt of 270/275/282 with SL 260below

Trading trends

         Monthly trend 
 Gold     sell on rise With SL 22045
 Silver    sell on rise for the trgt 48600
 Copper  buy on dips 410.3


   Weekly trend 
 Nifty     buy with SL5596
 Gold     buy with SL 21730
 Silver    sell on rise
 Copper buy on dip with SL 418.8  


      Todays trend
 Nifty         buy with SL 5589
 gold          buy abv 21760
 silver        sell on rise with SL 52000
 crudeoil   sell
 copper     sell below 425
 zinc           buy on dip    

gold

Dont get confused  in
mcx below rs21680 trgt wil be rs21321/ 21164/ 21080
 and reversal rs22020/22155

Gold and silver

Gold has made low of $1478 at this friday and rebound from the major support $1482,a close below this level gold trgt will be $1465/1445. this trgt v are expecting by end of july. it can rebound  the $1425-1430 lvl or v can say end of correction from higher at this level..


If Gold is rebound from the $1482 level it may go untill $1502/1511/1520
and below $1482 is the confirm trgt will be $1443,,,

Today if it close below $1495 it will starts down to $1482 by end of this this week. every close below $1482 is confirmation of sell upto said trgt, means it continues down trend.

silver also same thing support at $33.6

Trading point of view

SEE ON 20TH JUNE V HAD MENTION SOME LEVELS ABOUT GOLD AND SILVER AND SEE  THE MARKET NOW GOLD  AFTER BREAKING $1505 IT HAS TOUCHED $1482-1484 AND THE SAME THING SILVER ALSO TOUCHED OUR LOW.



STILL V ARE IN SELL MOOD ON EVERY HIGH FOR THE SHORT TERM, UNLESS AND UNTILL ITS BREAKOUT $37.30 AND GOLD $1511

JUST WATCH OUT WHAT LEVELS V HAD GIVEN ON 20TH JUNE FOLLOW THIS

Trading levels

ALUMINIUM	111.3	114.1	111.3	111.75	112.38
		113.47	115.18	116.27
		110.67	109.58	107.87
COPPER	465.1	465.1	432.25	433.85	443.73
		455.22	476.58	488.07
		422.37	410.88	389.52
CRUDEOIL	4085	4473	3987	4314	4258.00
		4529.00	4744.00	5015.00
		4043.00	3772.00	3557.00
GOLD	20370	20849	20343	20787	20659.67
		20976.33	21165.67	21482.33
		20470.33	20153.67	19964.33
LEAD	120.35	121.9	115.35	115.65	117.63
		119.92	124.18	126.47
		113.37	111.08	106.82
NICKEL	1311.5	1328	1269	1295.5	1297.50
		1326.00	1356.50	1385.00
		1267.00	1238.50	1208.00
Natgas	182.9	186.2	176.1	178	180.10
		184.10	190.20	194.20
		174.00	170.00	163.90
SILVER	46200	50420	45804	49220	48481.33
		51158.67	53097.33	55774.67
		46542.67	43865.33	41926.67
ZINC	113.9	115.85	110.9	111.2	112.65
		114.40	117.60	119.35
		109.45	107.70	104.50