june 24
gold
june 19-->943 was high. we shorted on june 18 at 940 n set tgt 930.today we exoect a fall below 930 levels.
entry -stoploss n tgt is given to clients.
june 22--> last friday we shorted at 937..now it showed low of 921. u can see how we buy n sell everyday
today its looking weak again. 929 should hold for bears to continue.while a cross above 930 makes bulls strong
june 23-->as said,929 wasnt broken up n prices fell till 913 $.we still see a fall to 907 coming up.safe stoploss 927.
june24-->today 933 is resistance n support at 919-913.fomc meeting is thr. we suggest not to risk any trade.wait for breakout above 933.
july1--> 936 has a gap.we expect furthur fall to 925-916 levels.942 should hold for the day.
july6-->gold closed gap n then followed crude to downside.latest low is 920 $.next supp is 913.a close below 913 calls fr seasonal bearish trend.
july8-->like we were saying,gold has broken ihns pattern.double bottom we smell for the day as crude is over sold.one can go long near 913.sl907.
SILVER
june 19--> high chances of 14 $ getting break soon. stay in slel mode.
june22-->bingoo..!! now 13.8 $. 14.37 was fridays high. wat else one need
june23-->14 $ should not break. we expect 13.5 soon.
june24-->14 $ is resistance and one more leg down till 13.5 is possible.stay on sell until u get a closing above 14 $
july1-->silver has resistance at 13.9 sl we expect 13.5 to show up again.
jul6-->silver given close below 13.5 n now new lows are forming. no up move for sometime.stay in sell
july8-->we sold yesterday at 13.35 sl 13.5 tgt 13.2-12.98 met. since so many days we just asking to SELL !!
OUR MOTTO "IF WANNA GET TRAPPED IN A POSITION,GET TRAPPED WITH US..!!"
CRUDE
june 19-->sell crude at 72.45 sl 73 tgt 70.8. its as clear as tht !!
june 22-->our short at 72.5 with sl 73 met tgt.now its 68.5 $. book n stay aside for the day.
june 23-->buy crude at 66.5 sl 66 tgt 67.6
june 24-->we shorted at 69 $ sl 69.7 tgt 68.4-67.today crude inventory
july1-->crude should fall more downside with safe sl at 73
july6-->crude going towards 63 $ soon.we were in shorts since 71 $.
JULY8-->62 $ BROKEN NOW.look out for crude data.no prediction from our side.
AUD/USD
june 22-->stay in sell. 8020 is safe stoploss.
june 23-->7900 is a resistance in aud/usd. we expect it to stay below tht level and continue the down journey.
june24-->stay in buy aslong as we dont get a close below 8000.
july6-->today resistance is 7970-8000 n support is 7852..sell
jul8-->sell we said..n sell it was. yesterday we sold at 8030..now its 7850.
above 7885 more +ve,else still weak.
GBP/USD
june 19--> its a sell with sl 16500
june 22-->as we said 16408 was low. again we ask to sell on every rise with sl 16520.buy only above thtlevel.
major supports are 16390-16325. our clients are given exact entry n stoploss then tgts in forex.
june 23--> trail stoploss to 16400 levels for sell holders. we expect 16250 levels.
june24-->16475 is a very good support. while break above 16600 can show 16700 easily.sell if 16600 doesnt break 2day.
july6-->huge support at 16000.one can buy close to it for good profits.
july8-->daily close above 16128 ,go long for some200-300 pips.else dont enter here at lower levels to sell.trend reversal at work -we doubt
EUR/USD
june 22-->stay is sell with 14000 as stoploss
june23-->as we said 14000 wasnt broken.we recommend to stay in sell.
june24>>sell eur/usd 14125 sl 14170 tgt 14045>>met tgt. 14000 is a supprot level n can attempt buy thr.
july6-->13871-13821 are huge supports while resistance at 13970-14000.sell on rise.14000 will take days to break.
july8-->test of 14000 due in coming days.start buying on dips.we wont give stoploss for tht.cos we shall sell at 14000 area for more big tgts.
USD/INR
june23-->48.3 can come,buy thr for tgt 49.
june 24--> immediate terms 48 can come. but before breaking 47.6 , 49.5 can come.
july2-->stay in sell mode.for curreny calls/queries if trapped mail to
[email protected]
july8-->tgt 49 soon.sl 48
INDICES
DOWJONES
june 16-->MT outlook is bullish for a tgt 8920. as long as 8175 stays intact we hope to see bulls running up to sky.
june 17-->we update this after newyork opening
june 19--> 8650 should hold on daily close to stay bearish.
july8-->above 8210 tgt 8300 area.safe sl todays low
SP500
june 16-->anytime break above 960 will bring 1000 .
but a more likely scenario is a dip to 890-900 levels.as long as 875 holds, thr are full chances of cross above 960
june17-->yesterday it dipped from 928 till 910 levels.our view is same as yesterday.
june24-->900 is a physicological barrier. take advantage by selling close to it for some sure profits.
july8-->we prefer short on rise as our MT tgt is 845 soon.
DAX(german 30)
june 16-->it has fallen from 5050 till 4875. now we expect a small up move but again its a sell on rise as bttom is not at 4875.
we recommend to short at 4945 sl 4980 n tgt 4840. a break above and daily close abve 4980 hints for 5050 as tgt.
june 17-->will update this after newyork open
june24-->4776 is a resistance and break above should brind 4800 n above. buy only above tht resistance.
july8-->sell on rise in 4680 area.safe sl 4748
FTSE 100
june 17-->4373 should hold for the day.
yesterdays buy at 4260 was good. now its 4340.we expect 4453 soon
june24-->sell...4245 is resistance, supports are 4125-4066.stay in sell mode.
july8-->sell on rise . safe sl 4240..entry area 4200