The Sensex has way to move up another 350 pts after mondays close at 17772.84
with resistance at 18132 and Support levels at 17596 once broken would lead towards 17300
The resistance mark of 18132 is a very crucial level for a turning point in the markets
a break above 18132 will lead the Index towards 18440 and 19120.
The Midcap index is trading above its 200 day moving average which acts as a very strong
resistance point for Midcap stocks,Tte Midcap Index is positive as long as it
holds above the 6260 Mark with targets of 6340 6476 for the week. Supports lie at 6260 and 6153.
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buy gspl above Rs.80 with targets of Rs.92 , SL 79.80 CMP 84.9 (Duration 14 days)
buy escorts above Rs.86.75 with targets of Rs.92 and 100 (Duration 15-20 days)
Showing posts with label silver .. Show all posts
Showing posts with label silver .. Show all posts
Tuesday, February 14, 2012
Saturday, May 16, 2009
Uptrend In Gold Stocks !
We've done so again , we've been long from $896 ,
I would still recommend you buy shares such as . Titan , Gitanjali , AGEE gold , and a couple of more gold stocks that you can get your hands on .
Looking at the Bullish Gold Miners Index there is going to be another jump in the Gold Stocks would have to follow .
the Dow Gold Miners Index also seems to have a bull confirmed on the first week of may.
Technically Earlier the HUI Golds Bugs Index confirmed a bull in the gold prices which is why we see it at $930 and $937 USD ahead , Following Resistance . Prices of Gold will remain volatile and we could also see a slight consolidation phase ( a slight correction ) before another Spike upwards.. Commodity traders are going to find it difficult to trade the current gold prices due to sudden moves following the data listed in the economic calender.
the EUR/USD is now directly correlated to the Gold prices , We see resistance in the EUR/USD at around 1.41 , which is still a good bullish support for the Gold prices. due to weakening in the US Dollar.
----------- Gold Stocks are going to soar!! ----------------
Looking at the Technical Charts , These Gold stocks are just about to cross their 150 , and 200 day moving averages , these gold stocks are not actually according to the current prices of Gold which is at $930 .
I believe these stocks can get you good returns in a short time span, Probably within this Month.
I would still recommend you buy shares such as . Titan , Gitanjali , AGEE gold , and a couple of more gold stocks that you can get your hands on .
Looking at the Bullish Gold Miners Index there is going to be another jump in the Gold Stocks would have to follow .
the Dow Gold Miners Index also seems to have a bull confirmed on the first week of may.
Technically Earlier the HUI Golds Bugs Index confirmed a bull in the gold prices which is why we see it at $930 and $937 USD ahead , Following Resistance . Prices of Gold will remain volatile and we could also see a slight consolidation phase ( a slight correction ) before another Spike upwards.. Commodity traders are going to find it difficult to trade the current gold prices due to sudden moves following the data listed in the economic calender.
the EUR/USD is now directly correlated to the Gold prices , We see resistance in the EUR/USD at around 1.41 , which is still a good bullish support for the Gold prices. due to weakening in the US Dollar.
----------- Gold Stocks are going to soar!! ----------------
Looking at the Technical Charts , These Gold stocks are just about to cross their 150 , and 200 day moving averages , these gold stocks are not actually according to the current prices of Gold which is at $930 .
I believe these stocks can get you good returns in a short time span, Probably within this Month.
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