Wednesday, May 21, 2008

TAKING LEAVE

We are taking leave for 10 days.So updates will resume from 1st june.Till then bye.

Happy Trading.

Tuesday, May 20, 2008

# GOLD ::

Booked profit in long and shorted gold.SL - 910

Sunday, May 18, 2008

# GOLD ::


Booked Profit at 895. If opens above 906 go long target may be around 918 - 920.

Friday, May 16, 2008

# GOLD ::

Go Long keeping 860 as SL.Target 895 - 900.

Thursday, May 15, 2008

# GOLD ::

If Opens below 860 today hold shorts.Otherwise cover shorts and wait to short again.

Wednesday, May 14, 2008

# GOLD ::

Can book profits between 840 - 850 levels.

Tuesday, May 13, 2008

Saturday, May 10, 2008

# GOLD ::

Our Target is 850.Hold shorts.

Friday, May 9, 2008

# GOLD ::

Short GOLD keeping 890 as SL.Target may be around 850.

Wednesday, May 7, 2008

# GOLD ::


Booked profit at 870.Can short keeping 870 as SL.

Monday, May 5, 2008

#GOLD ::

Buy with a SL of 846 tgt may be 860-865.Still we are in down trend upto 830 levels.

Tuesday, April 29, 2008

# GOLD ::

Gold Did'nt cut 870.One can go long above 900 keeping 880 as SL.

Friday, April 25, 2008

# GOLD ::

As said our SL of 910 did'nt hit.Once book profit here.If cuts 870 continue your shorts.

Thursday, April 24, 2008

# GOLD ::

Short Gold for a target of 880.SL 910.

Wednesday, April 23, 2008

# GOLD ::

Still waiting for the move.Today we will get the clear direction.

Tuesday, April 22, 2008

# GOLD ::

Covered our shorts at 920 levels.Profit $ 20.Waiting for next move.

Tuesday, April 15, 2008

# GOLD::

Having Strong resistance at 940.Still Holding the short.

Sunday, April 13, 2008

# GOLD ::

As said gold as a strong resistance at 940 levels. Shorted gold at 940.

Thursday, April 10, 2008

# GOLD ::

Yesterday our SL hit.But it has taken a good support and went up.But today it has a resistance at 940.60.If moves above this level go long keeping 940.60 as SL for a Target of 960.

If coming down short keeping 940.60 as SL for a down Target of 910.

Wednesday, April 9, 2008

# GOLD ::

We are long from 910. Our SL is now 910. If closes below 900 short gold for Target - 874 / 850

Tuesday, April 8, 2008

# GOLD ::

As said above 910 we are long. One can cover their long at 940 levels.If Gold closes above 940 go long for a target of 960.

Friday, April 4, 2008

# GOLD ::

Make or Break situation.We will wait for the close above 910 to go Long.

Thursday, April 3, 2008

# GOLD ::

As said yesterday gold has taken support. If it goes above 920 levels go long keeping 920 as SL.Untill then dont go long.

Wednesday, April 2, 2008

# GOLD ::

As said yesterday Gold went down upto 874.30 and closed at 882.50. We have reached our Target levels of 880.
The down Target given on 19/3/2008 when gold was trading at 1004.30.
19/3/2008 Sell 1004.30
25/3/2008 covered at 935
Profit 69.30 Points.
26/3/2008 Buy 935
27/3/2008 Coverd 960
Profit 25 Points.
27/3/2008 Sell 960
1/4/2008 covered 880
Profit 80 Points.
In gold within 15 Days we made Total Profit of 174.30 Points.
Now it has to take support at 850.If breaks down short again for a down Target of 800.Dont go long.we have to wait for confirmed up move.

Tuesday, April 1, 2008

# GOLD ::

As said it went down upto 913 and closed at 916.95.Book your profit once.If breaks 900 levels short again keeping 900 as SL.If moving up dont go long,Wait for the confirmation.

Saturday, March 29, 2008

# GOLD ::

As said it went down upto 928 and closed at 936.50. carry over the positions.

Friday, March 28, 2008

# GOLD ::

As said it went upto 960.30, and closed negative.You can short gold now keeping 960 as SL.

Thursday, March 27, 2008

GOLD Follow-Up ::

As said yesterday GOLD has taken a very good support at 935 and went up.This pullback rally may go upto 970 levels.Book your profit once at these levels.It may retest the lows again.

Wednesday, March 26, 2008

GOLD Follow-Up ::

After a steep fall GOLD is having a pullback and it could not break the resistace (935)which is 50 Day moving average.If opens above 935 go long keeping 935 as SL.If opens below 935 go short keeping 935 as SL.

Friday, March 21, 2008

GOLD follow-up ::

As said gold is coming down.Yesterday (20/3/2008) Low - 905.49 , Close - 911.26.

Wednesday, March 19, 2008

#GOLD

For Gold Top is getting formed.May comedown to 880 Levels. CMP 1004.30.