Indian Stock NSE ,MCX,Ncdex,Forex,Comex Mareket Updates
TRAINING IS GOING ON TAMILNADU, KERALA,KARNATAKA MORE DETAILS@09952833280/09042689098
In1978 sensex @100 after 10years in 1988 100*6 sensex @600 in 1998 600*6 sensex@3600 in 2008 3600*6 sensex@21600 then in 2018 sensex 129600......
A Comprehensive Technical Analysis Programmes aimed to make you a Profitable Trader and achieve 100% return per annum on your Investment IN MCX & STOCK MARKET SPECIALLY IN GOLD MARKET
No one beat our accuracy, Still why u r waiting? join us. Grow with Us with profit.Our clients made massive profit with our calls
If U Want Nifty & Stock Option calls &MCX & NCDEX COMMODITY daily ADD me On JANURAM@GMAIL.COM & JMSQUARENIFTY@yahoo.com & JMSQUARENIFTYGOLD@yahoo.com Contact Me@9952833280&9042689098
Disclaimer
Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.
2010-11-30
Stop Out For Intraday calls for Call Writers players
Sell Dec 5900 CE@88 to 92 stop@105 Tgt 50 & 35 StrictStoploss(cmp 89)
Intraday calls for Call Writers players
Sell Dec 5800 CE@135 to139 stop@155 Tgt 100 & 80 StrictStoploss(cmp 137)
Sell Dec 5900 CE@88 to 92 stop@105 Tgt 50 & 35 StrictStoploss(cmp 89)
2010-11-29
Follow up for nifty PUT option Writer Intraday
Sell Dec 5700 PE@93 to 95 stop@125 Tgt 75 & 50 StrictStoploss(cmp 93)
current cmp 79 made low 76
Sell Dec 5800 PE@125 to130 stop@165 Tgt 100 & 80 StrictStoploss(cmp 127)
current cmp 113 made low 109
Intraday calls for Put Writers players
Sell Dec 5800 PE@125 to130 stop@165 Tgt 100 & 80 StrictStoploss(cmp 127)
2010-11-27
Nifty may Take ‘U’ Turn R Again BLOOD Bath Coming Week?
Coming week is Crucial week For Nifty
Nifty may Take ‘U’ Turn R Again BLOOD Bath Coming week?
Last Week Nifty Made a low 5692 and its closed @5752
What will Nifty made Bullish?
Once Nifty is closed Above 5950 Two concsecutive days in daily chart it will Shoot up 6150 & 6240 &6380
What will Nifty made bearish?
Once Nifty is Closed Below 5680 Two concsecutive days in daily chart it will Drag down 5500 & 5375 & 5200
Recommandation of this Week
Buy dec futures @ 5725 to 5750 Stop @5620 tgt 5850&5930&6030
Option Lovers
Buy 5500 Put@52 & Buy 6000 Call@52 hold till Expiry
2010-11-26
101% Sureshot call in NIfty option
Hold Till Expiry
2010-11-25
Expiry Calls
Hold till closing
2010-11-24
Follow up for nifty PUT option Writer Intraday
Sell 6100 put@142to 146 stop@163 tgt 120 & 90 (cmp 142)
current cmp 120made low 111
Intraday calls for Put Writers players
Sell 6100 put@142to 146 stop@163 tgt 120 & 90 (cmp 142)
2010-11-23
Wht I Told It Happened in Nifty Daily & Weekly Charts
Immediate target will be 5820(50% retracemeant of 5349 to 6336 & 2nd trend line Support in Daily Chart &1st trend line support weekly Chart Once it will Break Strong Support(Fevicol) it will be Giving a Spike @5744(38.2 retracement of 4786 to 6336) 5725(61.8% retracemeant of 5349 to 6336 & 100days MA in Dily Chart ) once it will break 5744 And Close below Two concsecutive days in daily chart it will Fall upto 5000 Levels
Follow up for Again 101% Sureshot call in NIfty option
Intraday palyers book profit
current cmp90made high 92
Follow up for Nifty sell
Intraday palyers book profit
current cmp 5817made low 5805
Follow up for nifty Call option Writer Intraday
Intraday palyers book profit
Sell Nov 5700 CE@250 to 255 stop@285 Tgt 200 & 150 StrictStoploss(cmp 252)
current cmp 140 made low 134
Sell Nov 5800 CE@150 to152 stop@185 Tgt 100 & 80 StrictStoploss(cmp 152)
current cmp 60 made low 56
Follow up for Again 101% Sureshot call in NIfty option
Buy 5900pe@28 to 32 tgt150(cmp 31)
Intraday Nifty sell
Intraday calls for Call Writers players
Sell Nov 5800 CE@150 to152 stop@185 Tgt 100 & 80 StrictStoploss(cmp 152)
2010-11-22
Again 101% Sureshot call in NIfty option
Hold till Expiry
Follow up for nifty Put option Writer Intraday
Intraday palyers book profit
Sell 6100 put@165 to 168 stop@191 tgt 130 StrictStoploss(cmp 166)
current cmp 142 made low 137
Again 101% Sureshot call in NIfty option
Intraday calls for Put Writers players
Sell 6100 put@165 to 168 stop@191 tgt 130 StrictStoploss(cmp 166)
2010-11-19
Wht Happen Nifty Coming Week ? (Expiry of NOV Month)
After 8 Weeks (Sep 17th to nov 19) This week Nifty closed Below 6000 In weekly ChartsThe same thing happened in 5500 levels for 8 weeks (jul 16th to sep 3) After tht Nifty Closed Above 5500 it will Shoot Up to 6150
Wht Happen Nifty Coming Week ? (Expiry of NOV Month Coming Week)
Immediate target will be 5820(50% retracemeant of 5349 to 6336 & 2nd trend line Support in Daily Chart &1st trend line support weekly Chart Once it will Break Strong Support(Fevicol) it will be Giving a Spike @5744(38.2 retracement of 4786 to 6336) 5725(61.8% retracemeant of 5349 to 6336 & 100days MA in Dily Chart ) once it will break 5744 And Close below Two concsecutive days in daily chart it will Fall upto 5000 Levels
My View On Expiry Will Be 5900 to 5950
Short Term Recommandation
Sell @ 5900to 5925 Stp @ 6030 tgt 5750
Strong & Long term Recommendation(DEC Futures)
Strong buy dec futures @ 5775 to 5825 Stop @5700 tgt 6150
Follow up for 101% Sureshot call in NIfty option
buy 5900pe@35 to 40 stop @15 tgt 100(cmp 37)
Current Cmp 66 made high 78
buy 5800pe@13 to 17 tgt75(cmp 15)
Current Cmp 32 made high 40
Follow up for Nifty Sell
Short nifty @5995 to6000stop@6030 tgt 5930 & 5800(cmp 5996)
Current Cmp 5963 made low 5950
1st tgt achieved in Nifty Sell call and option Writer
Current Cmp 5950 made low 5944
Sell 6000 call@60 to 65 stop@73 tgt 35 StrictStoploss(cmp62)
Current Cmp 40 made low 38
Sell 5900 call@120 to 125 stop@135 tgt 90 & 70 StrictStoploss(cmp123)
Current Cmp 90made low 83
Intraday Calls for Basemetals in MCX
Sell Zinc@97.8 to 98.10 @Stop@99.5 TGT 97 & 96
Sell Lead@102.8 to 103.1@Stop@104.5TGT 101.5&100
Sell Nickel@ 982 to 987 SL 998 TGT 974&965
Follow up for Again Nifty Sell on(18/11/2010)11.50am
Current Cmp 5972 made low 5962
buy 6000pe@ 40 to 45 stop @15 tgt 250(hold thiis call)
Current Cmp 80 made high 87
101% Sureshot call in NIfty option
buy 5800pe@13 to 17 tgt75(cmp 15)
Hold All Calls Till Expiry
Disclaimer
Ours is an advisory role. The final decision and consequences based on ourinformation is solely yours. Moreover, in keeping with regulatory guidelines, we
do not guarantee any returns on investments. Prospective investors and others are
cautioned that any forward-looking statements are not predictions and may be
subject to change without notice.
Follow up for nifty Call option Writer Intraday
Sell 6000 call@60 to 65 stop@73 tgt 35 StrictStoploss(cmp62)
Current Cmp 50 made low 46
Sell 5900 call@120 to 125 stop@135 tgt 90 & 70 StrictStoploss(cmp123)
Current Cmp 100 made low 96
Intraday calls for Call Writers players
Sell 6000 call@60 to 65 stop@73 tgt 35 StrictStoploss(cmp62)
Sell 5900 call@120 to 125 stop@135 tgt 90 & 70 StrictStoploss(cmp123)
2010-11-18
Follow up for The Most Excellent 10 Stocks(NSE) to Buy Now Get 10 to 20 % Within 15 days
* BALRAMCHIN(CMP 78) Closed @ 81.75
* HCC (CMP 57)Closed @ 58.65
* IDFC (CMP 184)Closed @ 188
* ISPATIND (CMP 18)Closed @ 18.40
* GMRINFRA(CMP 48)Closed @ 49.80
* GREENPLYINDUSTRIES(CMP 198)Closed @ 200
* NEYVELILIG(CMP 145)Closed @ 148
* SATYAM(CMP 71)Closed @ 72.15
* SUZLON (CMP 52.65)Closed @ 53.4
* UNITECH(CMP 68)Closed @ 71.2
Today MCX Trading Calls
Sell Gold @ 20080 to 20110 Stop @ 20250 TGT 19900 & 19500 & 19000
Follow up for Again Nifty Sell
Intraday palyers book profit
Short nifty @6045 stop@6095 tgt 5930 & 5800
Current Cmp 6000 made low 5980
buy 6000pe@ 40 to 45 stop @15 tgt 250(hold thiis call)
Current Cmp 69 made high 76
Today Important Data to Watch
7:00pm EUR ECB President Trichet Speaks
7:00pm USD Unemployment Claims 442K 435K
8:30pm USD Philly Fed Manufacturing Index 5.1 1.0
8:30pm USD Mortgage Delinquencies 9.85%
8:30pm USD CB Leading Index m/m 0.5% 0.3%
9:00pm USD Natural Gas Storage 11B 19B
10:30pm USD FOMC Member Warsh Speaks
Follow up for Again Nifty Sell
Current Cmp 6020 made high 6049
buy 6000pe@ 40 to 45 stop @15 tgt 250(hold thiis call)
Current Cmp 58 made low 44
Again Nifty Sell
buy 6000pe@ 40 to 45 stop @15 tgt 250(hold thiis call)
Wht i told in Nifty Daily chart it Happened now
Broke the 1st tend line & 50days MA in daily chart the market will fall upto 5930 levels(38.2 retracement of 5349 to 6336 ) after tht some bounce will be there upto 6000
Short term
Resistance in nifty 6045, 6080,6135,6185,6260,6345
Short Term Call 17/11/2010
Short nifty @6045 stop@6095 tgt 5930 & 5800
Achieved 1st target
Long term Call Before nov expiry
Srong buy dec futures @ 5835 Stop @5750 tgt 6150
The Most Excellent 10 Stocks to Buy Now
Choose Any 5 of this stocks Quantity will be 100
- BALRAMCHIN(CMP 78)
- HCC (CMP 57)
- IDFC (CMP 184)
- ISPATIND (CMP 18)
- GMRINFRA(CMP 48)
- GREENPLYINDUSTRIES(CMP 198)
- NEYVELILIG(CMP 145)
- SATYAM(CMP 71)
- SUZLON (CMP 52.65)
- UNITECH(CMP 68)
Disclaimer
Ours is an advisory role. The final decision and consequences based on ourinformation is solely yours. Moreover, in keeping with regulatory guidelines, we
do not guarantee any returns on investments. Prospective investors and others are
cautioned that any forward-looking statements are not predictions and may be
subject to change without notice
Nifty Sell Call 1st Target Achieved
Short Term Call 17/11/2010
Short nifty @6045 stop@6095 tgt 5930 & 5800
current cmp 5930 made low 5925
Nifty Sell Call Active I gave in Daily Charts
Short nifty @6045 stop@6095 tgt 5930 & 5800
current cmp 6005 made high 6047.5
Follow up for nifty Put option Writer Intraday
Book Profit in Put Option Writer
Sell 6000 put@55 to 58 stop@67 tgt 30 StrictStoploss
current cmp 47 made low 45
Sell 6200 put@183 to 187 stop@202 tgt 140 StrictStoploss
current cmp 173 made low 163
Wht i told in Gold Daily chart it Happened now
Wht i told in Gold Daily chart it Happened now
Again Sell @ 1360 Stop @ 1380 Target @ 2160
Long term players & Physical buyers wait for 1260$ good buying level after tht market will move 1500$ in jan2011
Wht i told in silver Daily chart it Happened now
Again Sell @ 26.30 Stop @ 26.80 Target @ 21.60
Long term players & Physical buyers wait for 21.60$ good buying level after tht market will move 35$ in jan2011
Intraday calls for Put Writers players
Sell 6000 put@55 to 58 stop@67 tgt 30 StrictStoploss
Sell 6200 put@183 to 187 stop@202 tgt 140 StrictStoploss
LongTerm
buy 6000pe@ 30 to 35 stop @15 tgt 250(hold thiis call)
2010-11-17
Nifty Daily Chart
Resistance in nifty 6045, 6080,6135,6185,6260,6345
Short Term Call 17/11/2010
Short nifty @6045 stop@6095 tgt 5930 & 5800
Long term Call Before nov expiry
Srong buy dec futures @ 5835 Stop @5750 tgt 6150
Follow up for Weekly report calls Low risk traders can book profit
Low risk traders book profit Others hold maintain profit stop
Strong Recommendation( Silver XAG/USD)
Sell @ 26 Stp @ 26.8 tgt 24.9 & 21.6
current cmp 25.29 made low 25
Mcx silver Active @ yesterday night
Sell MCX Decmebr Silver between 39710-39760 with strict stop-loss above 40850 Targeting initially 38400 and then 37500
current cmp 37850 made low 37500
Strong Recommendation(Comex copper HGZ0 Futures)
Sell @ 390 Stp @ 407 tgt 339
current cmp 365 made low 363
MCX Copper Players (nov)
Sell@389 Stop @395 Tgt @370
current cmp 380 made low 379
Strong Recommendation( Gold XAU/USD)
Sell @ 1370 Stp @ 1400 tgt 1318 and 1260
current cmp 1335 made low 1329
MCX Gold Players (Dec)
Sell MCX Decmebr GOLD between 20150 TO 20200 with strict stop-loss above 20490 Targeting initially 19800 and then 19400
current cmp 19900 yesterday made high 19850
2010-11-16
Target Achived in option Writers
current cmp 6020 made low 5995 target Achived
Sell 6000 call@145 to 148 stop@167 tgt 100 StrictStoploss
current cmp 80 made low 77 target Achived
Sell 6100 call@73 to 75 stop@90 tgt 40 StrictStoploss
current cmp 38 made low 35 target Achived
yesterday i gave
buy 6000pe@ 45 stop @15 tgt 250(hold thiis call)
current cmp 81 made high 86 hold for tgt
again buy 6000pe @ 33 to 35 stop and tgt r same
Follow up for nifty call and option Writer
current cmp 6080 made low 6077 hold for the target
Sell 6000 call@145 to 148 stop@167 tgt 100 StrictStoploss
current cmp 116 made low 115 hold for the target
Sell 6100 call@73 to 75 stop@90 tgt 40 StrictStoploss
current cmp 56.5 made low 56 hold for the target
yesterday i gave
buy 6000pe@ 45 stop @15 tgt 250(hold thiis call)
current cmp 47
again buy 6000pe @ 33 to 35 stop and tgt r same
Market Recap for Comex & Cbot &Nymex
***BOND MARKET RECAP - 11/15/2010
December Bonds finished down 1-230 at 126-070, 1-100 off the high and 0-010 up from the low.
December 10 Yr Treasury Notes closed down 1-055 at 124-245. This was 0-020 up from the low and 0-255 off the high.
Technical Outlook
BONDS (DEC) 11/16/2010: Momentum studies are declining, but have fallen to oversold levels. A negative signal for trend short-term was given on a close under the 9-bar moving average. There could be some early pressure today given the market's negative setup with the close below the 2nd swing support. The next downside target is now at 123-250. The 9-day RSI under 30 indicates the market is approaching
oversold levels. The next area of resistance is around 126-250 and 128-160, while 1st support hits today at 124-140 and below there at 123-250.
10 YR TREASURY NOTES (DEC) 11/16/2010: The close below the 60-day moving average
is an indication the longer-term trend has turned down. Declining momentum studies
in the neutral zone will tend to reinforce lower price action. The close below
the 9-day moving average is a negative short-term indicator for trend. There could
be some early pressure today given the market's negative setup with the close
below the 2nd swing support. The next downside target is 123-160. With a reading
under 30, the 9-day RSI is approaching oversold levels. The next area of resistance
is around 125-085 and 126-095, while 1st support hits today at 123-280 and below
there at 123-160.
***STOCK INDICES RECAP - 11/15/2010
December S&P closed up 0.4 at 1195.8. This was 1 up from the low and 9.7 off the
high. December S&P E-Mini finished up 0.75 at 1196.25, 9.5 off the high and 3.75
up from the low.
December Dow finished up 21 at 11173, 76 off the high and 10 up from the low.
Technical Outlook
S&P 500 (DEC) 11/16/2010: Momentum studies trending lower at mid-range should
accelerate a move lower if support levels are taken out. The market's short-term
trend is negative as the close remains below the 9-day moving average. It is a
slightly negative indicator that the close was lower than the pivot swing number.
The next downside objective is 1184.53. The next area of resistance is around
1202.25 and 1210.32, while 1st support hits today at 1189.35 and below there at
1184.53.
S&P E-MINI (DEC) 11/16/2010: Declining momentum studies in the neutral zone will
tend to reinforce lower price action. A negative signal for trend short-term was
given on a close under the 9-bar moving average. The market tilt is slightly
negative with the close under the pivot. The next downside target is now at 1184.44.
The next area of resistance is around 1202.87 and 1210.93, while 1st support hits
today at 1189.63 and below there at 1184.44.
NASDAQ (DEC) 11/16/2010: Stochastics trending lower at midrange will tend to
reinforce a move lower especially if support levels are taken out. The close below
the 9-day moving average is a negative short-term indicator for trend. The market
tilt is slightly negative with the close under the pivot. The next downside target
is 2110.25. The next area of resistance is around 2139.50 and 2156.25, while 1st
support hits today at 2116.50 and below there at 2110.25.
DOW (DEC) 11/16/2010: Momentum studies trending lower at mid-range could accelerate
a price break if support levels are broken. The market's close below the 9-day
moving average is an indication the short-term trend remains negative. The close
over the pivot swing is a somewhat positive setup. The next downside objective
is now at 11100. The next area of resistance is around 11220 and 11245, while 1st
support hits today at 11148 and below there at 11100.
***CURRENCY MARKET RECAP - 11/15/2010
December US Dollar closed up 0.529 at 78.760. This was 0.745 up from the low and
0.100 off the high.
December Euro closed down 1.07 at 135.83. This was 0.22 up from the low and 1.64
off the high.
December Japanese Yen finished down 1.05 at 120.29, 1.09 off the high and 0.19
up from the low.
December Swiss finished down 0.74 at 101.57, 0.88 off the high and 0.25 up from
the low.
December Canadian Dollar finished up 0.05 at 99, 0.39 off the high and 0.44 up
from the low.
December British Pound closed down 0.92 at 160.5. This was 0.12 up from the low
and 1.01 off the high.
Technical Outlook
JAPANESE YEN (DEC) 11/16/2010: The market back below the 60-day moving average
suggests the longer-term trend could be turning down. Daily stochastics declining
into oversold territory suggest the selling may be drying up soon. A negative
signal for trend short-term was given on a close under the 9-bar moving average.
The market setup is somewhat negative with the close under the 1st swing support.
The next downside objective is 119.21. The 9-day RSI under 30 indicates the market
is approaching oversold levels. The next area of resistance is around 120.87 and
121.76, while 1st support hits today at 119.59 and below there at 119.21.
EURO (DEC) 11/16/2010: The downside crossover of the 9 and 18 bar moving average
is a negative signal. Daily stochastics declining into oversold territory suggest
the selling may be drying up soon. A negative signal for trend short-term was
given on a close under the 9-bar moving average. The market's close below the 1st
swing support number suggests a moderately negative setup for today. The next
downside target is now at 134.33. The next area of resistance is around 136.76
and 138.04, while 1st support hits today at 134.90 and below there at 134.33.
***PRECIOUS METALS RECAP - 11/15/2010
December Gold closed down 6.7 at 1358.8. This was 4 up from the low and 17.8 off
the high.
December Silver finished up 0.15 at 26.092, 0.363 off the high and 0.387 up from
the low.
Technical Outlook
COMEX SILVER (DEC) 11/16/2010: Stochastics trending lower at midrange will tend
to reinforce a move lower especially if support levels are taken out. The close
below the 9-day moving average is a negative short-term indicator for trend. It
is a slightly negative indicator that the close was under the swing pivot. The
next downside target is now at 2462.3. The next area of resistance is around
2600.5 and 2678.2, while 1st support hits today at 2492.5 and below there at
2462.3.
COMEX GOLD (DEC) 11/16/2010: Momentum studies trending lower at mid-range could
accelerate a price break if support levels are broken. The market back below the
18-day moving average suggests the intermediate-term trend could be turning down.
It is a slightly negative indicator that the close was under the swing pivot. The
next downside target is now at 1340.5. The next area of resistance is around
1369.7 and 1384.0, while 1st support hits today at 1347.9 and below there at
1340.5.
***COPPER MARKET RECAP - 11/15/2010
December Copper closed up 3.15 at 392.50. This was 2.70 up from the low and 1.45
off the high.
Technical Outlook
COMEX COPPER (DEC) 11/16/2010: Momentum studies trending lower at mid-range should
accelerate a move lower if support levels are taken out. The market's close below
the 9-day moving average is an indication the short-term trend remains negative.
The upside daily closing price reversal gives the market a bullish tilt. It is a
slightly negative indicator that the close was under the swing pivot. The next
downside objective is 380.08. The next area of resistance is around 396.00 and
400.87, while 1st support hits today at 385.60 and below there at 380.08.
***ENERGY MARKET RECAP - 11/15/2010
December Crude Oil closed down 0.20 at 84.68. This was 0.20 up from the low and
1.09 off the high.
December Heating Oil closed up 0.48 at 236.80. This was 0.45 up from the low and
2.45 off the high.
December RBOB Gasoline finished down 0.99 at 220.00, 4.89 off the high and 1.36
up from the low.
December Natural Gas finished up 0.06 at 3.86, 0.01 off the high and 0.15 up from
the low.
Technical Outlook
CRUDE OIL (DEC) 11/16/2010: Stochastics trending lower at midrange will tend to
reinforce a move lower especially if support levels are taken out. The market's
close below the 9-day moving average is an indication the short-term trend remains
negative. The market's close below the pivot swing number is a mildly negative
setup. The next downside target is now at 83.62. The next area of resistance is
around 85.33 and 86.19, while 1st support hits today at 84.05 and below there at
83.62.
RBOB GAS (DEC) 11/16/2010: The daily stochastics have crossed over down which is
a bearish indication. Momentum studies are trending lower from high levels which
should accelerate a move lower on a break below the 1st swing support. The market's
close above the 9-day moving average suggests the short-term trend remains positive.
The market's close below the pivot swing number is a mildly negative setup. The
next downside objective is 214.64. The next area of resistance is around 223.12
and 227.13, while 1st support hits today at 216.88 and below there at 214.64.
HEATING OIL (DEC) 11/16/2010: Stochastics turning bearish at overbought levels
will tend to support lower prices if support levels are broken. The close below
the 9-day moving average is a negative short-term indicator for trend. The market's
close below the pivot swing number is a mildly negative setup. The next downside
target is 234.40. The next area of resistance is around 238.25 and 240.20, while
1st support hits today at 235.35 and below there at 234.40.
***CORN MARKET RECAP - 11/15/2010
December Corn finished up 21 1/2 at 555 1/2, 11 1/2 off the high and 16 1/2 up
from the low. March Corn closed up 21 at 569. This was 16 1/2 up from the low and
11 off the high.
Technical Outlook
CORN (DEC) 11/16/2010: The major trend could be turning up with the close back
above the 40-day moving average. The downside crossover of the 9 and 18 bar moving
average is a negative signal. Daily stochastics declining into oversold territory
suggest the selling may be drying up soon. The market's close below the 9-day
moving average is an indication the short-term trend remains negative. With the
close over the 1st swing resistance number, the market is in a moderately positive
position. The next downside target is now at 526 1/4. The next area of resistance
is around 569 1/2 and 582 1/4, while 1st support hits today at 541 1/2 and below
there at 526 1/4.
***SOY COMPLEX RECAP - 11/15/2010
January Soybeans finished up 17 1/2 at 1286 1/2, 21 off the high and 34 1/4 up
from the low. March Soybeans closed up 16 3/4 at 1293 3/4. This was 33 3/4 up
from the low and 20 3/4 off the high.
December Soybean Oil finished down 0.06 at 52.47, 0.85 off the high and 1.21 up
from the low.
December Soymeal closed up 8.4 at 348.1. This was 12.4 up from the low and 4.2
off the high.
Technical Outlook
SOYBEANS (JAN) 11/16/2010: Momentum studies trending lower at mid-range should
accelerate a move lower if support levels are taken out. The market's short-term
trend is negative as the close remains below the 9-day moving average. The upside
closing price reversal on the daily chart is somewhat bullish. The market's close
below the pivot swing number is a mildly negative setup. The next downside objective
is now at 1228. The next area of resistance is around 1314 and 1338 1/4, while
1st support hits today at 1259 and below there at 1228.
SOYMEAL (DEC) 11/16/2010: Declining momentum studies in the neutral zone will
tend to reinforce lower price action. The cross over and close above the 18-day
moving average indicates the intermediate-term trend has turned up. The upside
closing price reversal on the daily chart is somewhat bullish. With the close
higher than the pivot swing number, the market is in a slightly bullish posture.
The next downside target is now at 329.5. The next area of resistance is around
356.4 and 362.6, while 1st support hits today at 339.8 and below there at
329.5.
SOYBEAN OIL (DEC) 11/16/2010: Stochastics turning bearish at overbought levels
will tend to support lower prices if support levels are broken. The close below
the 9-day moving average is a negative short-term indicator for trend. It is a
slightly negative indicator that the close was under the swing pivot. The next
downside target is 50.32. The next area of resistance is around 53.49 and 54.44,
while 1st support hits today at 51.44 and below there at 50.32.
***WHEAT MARKET RECAP - 11/15/2010
December Wheat finished up 3 1/2 at 672 3/4, 12 1/4 off the high and 5 1/4 up
from the low. March Wheat closed up 3 at 712 1/2. This was 5 up from the low and
12 off the high.
Technical Outlook
WHEAT (DEC) 11/16/2010: Momentum studies are still bearish but are now at oversold
levels and will tend to support reversal action if it occurs. The close below the
9-day moving average is a negative short-term indicator for trend. The market's
close below the pivot swing number is a mildly negative setup. The next downside
objective is 657. The next area of resistance is around 681 1/2 and 692, while
1st support hits today at 664 and below there at 657.
KC WHEAT (DEC) 11/16/2010: Stochastics trending lower at midrange will tend to
reinforce a move lower especially if support levels are taken out. A negative
signal for trend short-term was given on a close under the 9-bar moving average.
It is a slightly negative indicator that the close was under the swing pivot. The
next downside objective is 718. The next area of resistance is around 740 3/4 and
751 1/4, while 1st support hits today at 724 1/4 and below there at 718.
MINN WHEAT (DEC) 11/16/2010: Momentum studies trending lower at mid-range should
accelerate a move lower if support levels are taken out. A negative signal for
trend short-term was given on a close under the 9-bar moving average. It is a
slightly negative indicator that the close was lower than the pivot swing number.
The next downside objective is now at 733 1/2. The next area of resistance is
around 753 1/2 and 763 1/4, while 1st support hits today at 738 1/2 and below
there at 733 1/2.
***LIVE CATTLE RECAP - 11/15/2010
December Live Cattle closed up 0.90 at 99.30. This was 0.90 up from the low and
0.60 off the high.
January Feeder Cattle finished up 0.65 at 115.05, 0.15 off the high and 0.65 up
from the low.
Technical Outlook
LIVE CATTLE (DEC) 11/16/2010: The cross over and close above the 40-day moving
average is an indication the longer-term trend has turned positive. Momentum
studies are trending higher from mid-range, which should support a move higher if
resistance levels are penetrated. The market now above the 18-day moving average
suggests the intermediate-term trend has turned up. With the close over the 1st
swing resistance number, the market is in a moderately positive position. The
next upside target is 100.725. The next area of resistance is around 100.049 and
100.725, while 1st support hits today at 98.550 and below there at 97.725.
LEAN HOGS RECAP - 11/15/2010
December Lean Hogs closed up 0.63 at 69.60. This was 1.03 up from the low and
0.25 off the high.
Technical Outlook
LEAN HOGS (DEC) 11/16/2010: The moving average crossover up (9 above 18) indicates
a possible developing short-term uptrend. Rising stochastics at overbought levels
warrant some caution for bulls. The market's short-term trend is positive on the
close above the 9-day moving average. With the close over the 1st swing resistance
number, the market is in a moderately positive position. The next upside target
is 70.706. The next area of resistance is around 70.287 and 70.706, while 1st
support hits today at 69.013 and below there at 68.157.
***COCOA MARKET RECAP - 11/15/2010
December Cocoa finished up 26 at 2761, 19 off the high and 56 up from the low.
Technical Outlook
COCOA (DEC) 11/16/2010: Momentum studies trending lower at mid-range should
accelerate a move lower if support levels are taken out. The close below the 9-day
moving average is a negative short-term indicator for trend. The daily closing
price reversal up on the daily chart is somewhat positive. The close over the
pivot swing is a somewhat positive setup. The next downside objective is now at
2677. The next area of resistance is around 2798 and 2826, while 1st support hits
today at 2724 and below there at 2677.
***COFFEE MARKET RECAP - 11/15/2010
December Coffee closed up 4.00 at 204.45. This was 2.85 up from the low and 2.50
off the high.
Technical Outlook
COFFEE (DEC) 11/16/2010: Momentum studies trending lower at mid-range should
accelerate a move lower if support levels are taken out. The cross over and close
above the 18-day moving average indicates the intermediate-term trend has turned
up. A positive setup occurred with the close over the 1st swing resistance. The
next downside objective is now at 199.02. The next area of resistance is around
207.12 and 209.71, while 1st support hits today at 201.78 and below there at
199.02.
***SUGAR MARKET RECAP - 11/15/2010
March Sugar closed up 0.82 at 27.03. This was 1.36 up from the low and 0.21 off
the high.
Technical Outlook
SUGAR (MAR) 11/16/2010: Momentum studies trending lower at mid-range could
accelerate a price break if support levels are broken. The market's short-term trend
is negative as the close remains below the 9-day moving average. It is a mildly
bullish indicator that the market closed over the pivot swing number. The next
downside objective is 25.18. The next area of resistance is around 27.81 and
28.31, while 1st support hits today at 26.25 and below there at 25.18.
***COTTON MARKET RECAP - 11/15/2010
December Cotton finished down 1.43 at 138.75, 1.92 off the high and 3.34 up from
the low.
Technical Outlook
COTTON (DEC) 11/16/2010: Declining momentum studies in the neutral zone will tend
to reinforce lower price action. A negative signal for trend short-term was given
on a close under the 9-bar moving average. It is a slightly negative indicator
that the close was lower than the pivot swing number. The next downside target
is 133.14. The next area of resistance is around 141.38 and 143.65, while 1st
support hits today at 136.12 and below there at 133.14.
Courtesy(FuturesPulse Market Recap)
Follow up for Weekly report calls(Hold All Calls)
Strong Recommendation( Silver XAG/USD)
Sell @ 26 Stp @ 26.8 tgt 24.9 & 21.6
current cmp 25.70 yesterday made high 26.45
Mcx silver Active @ yesterday night
Sell MCX Decmebr Silver between 39710-39760 with strict stop-loss above 40850 Targeting initially 38400 and then 37500
current cmp 39100 yesterday made high 39950
Strong Recommendation(Comex copper HGZ0 Futures)
Sell @ 390 Stp @ 407 tgt 339
current cmp 390.70 yesterday made high 393.55
MCX Copper Players (nov)
Sell@389 Stop @395 Tgt @370
current cmp 390 yesterday made high 393
Strong Recommendation( Gold XAU/USD)
Sell @ 1370 Stp @ 1400 tgt 1318 and 1260 current cmp 1359 yesterday made high 1377
MCX Gold Players (Dec)
Sell MCX Decmebr GOLD between 20150 TO 20200 with strict stop-loss above 20490 Targeting initially 19800 and then 19400
current cmp 20100 yesterday made high 20260
Intraday calls for Call Writers players
Sell 6100 call@73 to 75 stop@90 tgt 40 StrictStoploss
yesterday i gave
buy 6000pe@ 45 stop @15 tgt 250(hold thiis call)
again buy 6000pe @ 33 to 35 stop and tgt r same
2010-11-15
All Weekly Reports calls are Active
U Want intraday calls Daily COMEX Futures & MCX & nifty Trading calls vist our Site daily Refesh every 15mins in Trading hrs
Strong Recommendation( Silver XAG/USD)
Sell @ 26 Stp @ 26.8 tgt 24.9 & 21.6
current cmp 25.90 high26.15
Strong Recommendation(Comex copper HGZ0 Futures)
Sell @ 390 Stp @ 407 tgt 339 current cmp 386 high 391.50
MCX Copper Players (nov)
Sell@389 Stop @395 Tgt @370
current cmp 385 high 389.90
Strong Recommendation( Gold XAU/USD)
Sell @ 1370 Stp @ 1400 tgt 1318 and 1260 current cmp 1364 high 1374
MCX Gold Players (Dec)
Sell MCX Decmebr GOLD between 20150 TO 20200 with strict stop-loss above 20490 Targeting initially 19800 and then 19400
current cmp 20080 high 20160
Lower Circuit & 1st Target is achieved in lead and zinc
when to sell GOLD ??
By now you have plenty of reason to congratulate yourself for having boarded the gold bandwagon. The early tickets are the cheap ones, and you've already had quite a ride. The best of the ride, I believe, is yet to come, and it should be very good indeed. It should be so much fun that your wallet may start to feel a bit giddy – which can be dangerous. So it would be wise to consider, now, how things will be and how they will feel when the current bull market in gold reaches its "end of days." Because it will end.
Buying at the right time is the key to building profits. Selling at the right time is the key to collecting them.
The 1980 Peak
In 1980, gold briefly touched the then record price of $850 per ounce. In terms of purchasing power, that would be $2,400 in today's dollars. And for the value of the world's entire gold stockpile to attain the same share of the world's total wealth that it represented at the 1980 peak, the price would need to reach $5,800 per ounce.
But so what? Before you can look to those numbers for guidance about what the peak in gold's bull market will look like, you need to consider how the process that drove the earlier bull market compares with what is happening today.
The earlier bull market was driven by price inflation in the world's reserve currency, the dollar, that reached an annual rate of 14%. The more expensive it became to use dollars as a store of value (i.e., the more rapidly the dollar's purchasing power was declining), the more attractive gold became as an alternative way to store value.
The dollar is still the world's reserve currency. (And not just for central banks. Among individuals and private businesses that want to diversify out of their home currency, the dollar is still Number One.) And the force driving the bull market in gold is once again price inflation. But this time it isn't actual price inflation that is on the mind of gold buyers around the world. It is the potential for price inflation that is building up. That build-up is coming from:
Rapid expansion in the U.S. monetary base through the Federal Reserve's asset purchases. Most of that expansion has yet to be reflected in a growth in the U.S. money supply. It is still sitting, like a charge in a capacitor, waiting for something to set it off. There was no similar liquidity bomb stored in the U.S. economy's closet during the years leading up to 1980.
Unprecedented growth in federal government debt, which adds to the political attractiveness of price inflation. There were federal deficits during the 1970s, but nothing like today's – just enough to give the party out of power at any time something to talk about.
The accumulation of U.S. Treasury debt and privately issued dollar debt in the hands of foreign investors. U.S. debt to foreigners wasn't a factor in the years leading up to gold's 1980 peak. This time around, it could be a powerful force for accelerating inflation. Even moderate inflation could spook foreign investors. Their sales of Treasuries and other dollar-denominated IOUs would push down the foreign exchange value of the dollar, which would raise the cost of imports coming into the U.S., which would further stimulate price inflation. A nasty feedback.
And foreign holdings of U.S. debt operate as a second vector feeding the political attractiveness of dollar price inflation. Depreciation of the dollar can be framed as a clever way to shortchange foreign creditors. "It hurts THEM, not US" would be the slogan.
All those factors are working to make price inflation distinctly more severe than it was in the 1970s, which argues for a higher peak price for gold. When the metal does surpass its 1980 peak in purchasing power, the event is likely to be widely reported in the press. I suggest that you not attach any significance to the event. It won't be time to sell.
Sell Signals
But the time to sell will come. Here are the signs I'll be looking for.
Gold and gold-related financial products will be commonplace.
Even today, most financial institutions still hold the "barbarous relic" attitude toward gold. Yes, you can get GLD through any stockbroker, but with a few exceptions, the brokerage firm's heart isn't in it. They offer GLD for the same reason even the best seafood restaurants have a steak on the menu – they know someone will ask for one, even though that's not what they are in business to serve.
Before the bull market is over, that attitude will change. Mainline brokerage firms won't just have gold-related products available, they will advertise them. They will boast about them. They'll claim to specialize in them. And it won't be just the brokers. Your local bank will offer gold-related CDs. Your insurance company may be offering life insurance denominated in ounces.
Gold going mainstream won't mean that the bull market is over, but it will be a sign that it's getting long in the tooth. An early warning signal.
You'll be hearing gold chatter wherever people talk about investing.
The inhabitants of Financial News TV Land will be talking about gold approvingly, and each of them will be trying to suggest he was early in recognizing the gold bull market. You won't be able to get through a golf game or a cocktail party without someone talking about gold. Even your brother-in-law will want to explain it to you.
The gold standard will become respectable.
Today advocates of the gold standard are seen as standing to the good side of whacko, but not by a big margin. But as gold attracts more converts in the investment world, the politicians will want to associate themselves with it by proposing some brand or other of gold convertibility for the dollar. Respectability for the gold standard will be a sign that a majority of the people who are going to buy gold already have.
Other things will look cheap to you.
When gold nears its peak, even if you suspect that that's what's happening, you won't feel certain about it. But when you start seeing investments – probably conventional stocks – that look like strong bargains, treat those sightings as a sign it's time to start selling gold. You know the reasons that led you to buy gold. If you are tempted to sell part of your holdings to buy something whose low price seems to give it better prospects, then you probably will be selling at the right time. You could be selling to the last new buyer.
Disclaimer
Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.