Saturday, December 8, 2012

Naturalgas View for week staring at 10 dec 2012

Comex natural gas is taking support at 3.45$ and resistance at 3.80$, one it breaked and sustains below 3.45$ than could lead it to 3.03$ and 2.87$


Sunday, December 2, 2012

Nifty View for week starting 3 Dec 2012

last week nifty made high of 5885 after breaking our resistance of 5670, which was also our stop loss level for all shorts. That is the only reason we always suggests to follow stop loss strictly. those who obeyed SL will be in safe side. always remember small losses can recover but big one you can't recover..
For this week I would like to be on safe side. its better not to trade when you are not sure.. So no trade from my side for the weak. Trend deciding level for the week is 5875 if nifty hold this than bull will take control over it else profit booking may be seen.
Those who are willing to buy it look to buy around 5820-5830 will stop loss of 5790