Wednesday, February 25, 2015

Copper - Target 365 Done.

Dear All,

>>> Copper - As Posted on 06th Feb, 2015 <<<

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

Wrote on 06th Feb to continue to hold Long on Copper for a Target of 365-368. See what happened ?

>>> Copper - Happened <<<

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

365 Done. A Fresh Break out Seen on RSI. Lets See. Cheers!!!

Support 8750,8735 & 8702

Dear All,

>>> Nifty <<<

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

UPcoming Railway Budget and Union Budget along with FnO Expiry - Making Nifty to tussle with volatile. Early Morning Nifty able to cross easily above 8800, later trade drift below 50 hma and tested 8751.65. Price need to cross the trend line as shown on chart and mostly importantly 50hma should be crossed.

>>> Bank Nifty <<<

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

Bank Nifty falling as a wedge as a-b-c-d-e. 18725 & 18650 must Support. Break below may test 18506. Break above 18950 or 19000 - break above the wedge may trigger short covering.

>>> Dr.Reddy - As Posted Yesterday <<<

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

Posted Yesterday that we have shorted @ 3400. See what happened.

>>> Dr.Reddy - Happened and Yet to <<<

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

Partial Profit booked @ 3300 with Rs. 12500. More fall likely. Sell on Every rise. Cheers!!!