Today's Strategy Calls:
7:22 AM: Buy Gold between 1317-1319, SL 1315.7. Targets: 1322, 1324, 1327. CMP 1319.16. Call Activated AT 1319.
(As of now high is 1323.23 2:37PM IST.)
7:22 AM: Sell Gold between 1324-1332, SL 1333/1335. Targets: 1310, 1295, 1287.
7:57 AM: Buy Crude between 103.95-103.85, CMP 103.91. Call Activated. Targets in the positional View.
11:00AM IST
GOLD
My view on Gold as on 4-July-2014.
Gold is in up move, with support at 27363. Up side retracements are: 27498, 27583, 27651, 27719, 27770, 27816, 27940(100%).
We can sell on rise with SL 27950. Down side targets: 27363(Minimum target), 27144, 27010.
View is valid as long as 27940 restricts. If Gold breaks 27940 then upmove will be in place.
Small Call: Buy at CMP 500/500 SL 27420 tgt: 27560-580. But PR ratio is not good. (TGT Achieved.)
Retracement call: Buy on dips or between 27486-27422 (Call Activated 5:02PM IST)
Strict SL 27350 tgts: 27550-64, 27620-41, 27670-88.
Positional Call: Sell on rise. Sell can be at these levels (27651, 27719, 27770, 27816) Strict SL 27950/75.
Targets: 27363(Minimum target), 27144, 27010.
2:40PM IST
Buy Crude at CMP 6220, SL 6180/6170. TGT 6234, 242-251, 274-288, 311, 348. CMP 6226. Call Activated.
Sell Gold between 27554-80, SL 27605, TGT 515, 484, 450. (Call Activated at 4:30 PM IST). TGT Achieved.
7:22 AM: Buy Gold between 1317-1319, SL 1315.7. Targets: 1322, 1324, 1327. CMP 1319.16. Call Activated AT 1319.
(As of now high is 1323.23 2:37PM IST.)
7:22 AM: Sell Gold between 1324-1332, SL 1333/1335. Targets: 1310, 1295, 1287.
7:57 AM: Buy Crude between 103.95-103.85, CMP 103.91. Call Activated. Targets in the positional View.
11:00AM IST
GOLD
My view on Gold as on 4-July-2014.
Gold is in up move, with support at 27363. Up side retracements are: 27498, 27583, 27651, 27719, 27770, 27816, 27940(100%).
We can sell on rise with SL 27950. Down side targets: 27363(Minimum target), 27144, 27010.
View is valid as long as 27940 restricts. If Gold breaks 27940 then upmove will be in place.
Small Call: Buy at CMP 500/500 SL 27420 tgt: 27560-580. But PR ratio is not good. (TGT Achieved.)
Retracement call: Buy on dips or between 27486-27422 (Call Activated 5:02PM IST)
Strict SL 27350 tgts: 27550-64, 27620-41, 27670-88.
Positional Call: Sell on rise. Sell can be at these levels (27651, 27719, 27770, 27816) Strict SL 27950/75.
Targets: 27363(Minimum target), 27144, 27010.
2:40PM IST
Buy Crude at CMP 6220, SL 6180/6170. TGT 6234, 242-251, 274-288, 311, 348. CMP 6226. Call Activated.
Sell Gold between 27554-80, SL 27605, TGT 515, 484, 450. (Call Activated at 4:30 PM IST). TGT Achieved.
