Price is sole motivation for all other actions !! follow simple price action ... rest follows !! Market analysis based on technical & Fundamentals !! Long / Medium term Investing and trading ideas !! SHARING a little bit what i learned
Thursday, November 7, 2013
Gold (Comex)
Gold
Trying to stablise at low of 1304-1310.. any move intra day above 1328 opens up 1340-1350 !!
Failure above 1328 will take it lower back to 1304-1310 zone !!
Trying to stablise at low of 1304-1310.. any move intra day above 1328 opens up 1340-1350 !!
Failure above 1328 will take it lower back to 1304-1310 zone !!
Bank Nifty
Bank Nifty CMP 11300
-- Any move below 11150 will see a follow through sale off of 550-600 points..
-- Any move below 11150 will see a follow through sale off of 550-600 points..
TCS
TCS CMP 2140
-- all set to retest the old highs at 2260
-- 1st resistance at 2160
-- 2nd resistance at 2200
ideal stops at 2070+ conservative stops at 2095
-- all set to retest the old highs at 2260
-- 1st resistance at 2160
-- 2nd resistance at 2200
ideal stops at 2070+ conservative stops at 2095
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