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Tips for Today

Posted by Anonymous
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A Single Tips Can Give You Big ROI (Return on Investment)
GOLD: (Feb 2012)
Last anniversary some baby trading ambit was assume and it fabricated a top of 28106, a low of 27500, but assuredly managed to abutting beneath 28300, as rupee acquired backbone the US Dollar and the across markets too adumbrated weakness. Rupee-Dollar trends will as well adjudge the approaching activity of Gold. Overall concise trend down; at higher-level it will abide adverse attrition at 28100-28300; auspiciously crossover with added essentially accessible interest, the trend will be change; lower-level abutment to watch out at 27500; thereafter ceaseless ambition of 26500-26000 and added lower level. Before any able cull back, above agitation on the card, so be alert at college levels.
Today:
Baby trading ambit - attrition at 27800-27910, downside abutment at 27700. Above abutment at 26900 to watch out on panic
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Intraday Gold Tips

Posted by Anonymous
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GOLD: (Feb 2012)
As mentioned in this column that for the last two week, major resistance for safe playing for bulls is 29400, and think to buy side, downside it must hold 28300 if unable to hold major weakness. And it actually did, and finally made a low of 27000+, which indicates weakness to continue. Now in this week, we may consider resistance at 27800-28000-28300, downside support to watch out at 27000, decisively break with volume likely, nonstop target of 25800 -25000 in few sessions. Hence, be cautious of any buy side on higher-level. Sell-on-rise strategy.
Trend Decider of this week: 27800.
Today: For the time being, support established at 27500 and sustained above 27860, some recovery to continue and may test 28000+. But higher level is again shorting opportunity. Today, closely watch 27932, which is a trend decider for today's trading. Crossover target of 28300+.
Comex: Due to strength of Dollar, big sell off was seen in Comex also. Now consider key long-term support at US$ 1548, if unable to hold some reversal, nonstop target of US$ 1450. Above 1625, corrective rally and likely to add another 40-50 points.
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