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April 2013

Tuesday, April 23 2013

GOLD .... update ... at 4 pm on 23/4/2013

 

gold did not break 1430 level decisively ..... in fact today ( now at 4 pm ) it is trading around 1415 ... for some time ....

yesterdays move - was it a flourish i said earlier ... we will know later in the day if gold slips further and starts trading below 1400 level .... in that case earlier support of 1320/30 wl come in play again ... and eventual 1250/70 ....

but i still feel that ... this time the fall is not going to be quick ... and it wl be a slow slide .....


Tuesday, April 23 2013

NIFTY SPOT INTRA ....
 
go short / long – 5849 / 5862
 
stoploss - opposite
 
long targets – 5876/89
 
short targets – 5835/22/08/795/82

Tuesday, April 23 2013
intraday   DATE 23rd april 2013  
stocks / indices go entry Target Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT short 12500 12440/380/320/260 12560
long 12560 12620/680/740/800 12500
RELIANCE short  789 783/77/71 792
long 795 801/07/13 792
ICICI BANK short 1143 1137/31/25/19/13 1149
long 1149 1155/61/67/73 1143
SBI short 2302 1486/70/54/36 2318
long 2318 2334/50/66/82 2302
LT short 1525 1514/03/1492/81/70 1536
long 1536 1547/58/69/80 1525
TATA MOTORS short  284.50 283.5/82/81/79.5/78.5/77 286
long 286 287/88.5/89.5/91/92 284.5
eicher motors short 2854 2840/26/12/798/784/70 2868
long 2868 2882/96/910 2854
finolex ind short 104.25 103.25/02.25/01.25/100.25 105.25
long 105.25 106.25/07.25/08.25/09.25 104.25
adani ports short 149.75 148.25/46.75/45.25 151.25
long 151.25 152.75/54.25/56.25 149.75
godrej consumer short 816 812/08/04/800 820
long 820 824/28/32/36/40 816
exide short 133 132/31/30 134
long 134 135/36/37 133

Monday, April 22 2013

GOLD --- ABOVE 1430 ? ? ?

 

gold has popped its head above 1430 .... i wl be keenly watching how it trades today for the rest of the day .... particularly after the US market opens ......

tomorrow  watch this space to see if there is case for investment buying or we still hv to wait .......


Monday, April 22 2013 TO Friday, April 26 2013
weekly   DATE 22nd / 26th april 2013    
commodity go entry Target Stoploss  
gold short 1405 1392/79/66/53/40 1418 US$ / T ounce
long 1431 1444/57/70/83 1418  
silver short  23 22.7/22.4/22.1/21.8/21.5/21.2 23.3 US$ / T ounce
long 23.6 23.9/24.2/24.5/24.8 23.3  
crude short 88.5 87.25/86/84.75/83.5 89.75 US$ / barrel
long 89.75 91/92.25/93.5/94.75/96 88.5  
nat gas  short 4.44 4.41/4.38/4.35 4.47 US$ / 10K MMBTU
long 4.47 4.5/4.53/4.56/4.59/4.62 4.44  
copper short 3.15 3.115/3.08/3.045/3.01 3.185 US$ / pound
long 3.185 3.22/3.255/3.29 3.15  
sugar short 502.5 496/89.5/83 509 US$ / tonne
long 509 515.5/22/28.5 502.5