Wednesday, October 29, 2014

Crude Oil - Buy Triggered. Just Buy near 5080

Dear All,

>>> Click the chart to see on full screen <<<

Crude Oil - Buy Triggered. Just Buy near 5080. SL 4900. Good Rally coming.

Gold - Update - Fed Decision to Impact - 29.10.2014

Dear All,

>>> Click the chart to see on full screen <<<

Fed Impact may give a heavy volatile on Gold. Caution.

Trend Line Resistance 8115

Dear All,

>>> click the chart to see on full screen <<<

Upmove still On. But Indicators still on negative side. Above Expanding Triangle on chart suggest caution still. FED to Decide the next course of move.


>>> Apollo Tyre - As Posted Yesterday <<<

>>> click the chart to see on full screen <<<

Yesterday wrote - Price facing a resistance from a trend line, See what happened.

>>> Apollo Tyre - Happened and Yet to <<<

>>> click the chart to see on full screen <<<

As expected - Price resisted and still we need the price to break below the pitchfork for a good sell off.

>>> Bank of India <<<

>>> click the chart to see on full screen <<<

I hope the above chart is clear for you to understand that the BEAR is trying to make an entry in to the script. A Hanging man followed by a doji is a clear bear sign. But in case the price can move above the trend line - Upmove to continue. Else Heavy sell off may happen. Stay Cautious on Longs. Cheers!!!