SILVER CALL UPDATES 22.11.2012

Comex Silver :Three Consecutive Close above 33.318 +Weekly Close will take to 34.35-34.65 level !!

MCX SILVER :Three Consecutive close above 62082 level +Weekly Close will take to 63645—64263 level !!

NEAL BHAI 9999974733

Five Market Scenarios

1. Bad Markets – A good pattern won’t bail you out of a bad market, so move to the sidelines when conflict and indecision take hold of the tape. Your long-term survival depends on effective trade management. The bottom line: don’t trade when you can’t measure your risk, and stand aside when you can’t find your edge.
2. Bad Timing – It’s easy to be right but still lose money. Financial instruments are forced to negotiate a minefield of conflicting trends, each dependent on different time frames. Your positions need to align with the majority of these cycles in order to capture the profits visualized in your trade analysis.
3. Bad Trades – There are a lot of stinkers out there, vying for your attention, so look for perfect convergence before risking capital on a questionable play, and then get out at the first sign of danger. It’s easy to go brain dead and step into a weak-handed position that makes absolutely no sense, whether it moves in your favor or not. The bottom line: it’s never too late to get out of a stupid trade.
4. Bad Stops – Poor stops will shake you out of good positions. Stops do their best work when placed outside the market noise, while keeping risk to a minimum. Many traders believe professionals hit their stops because they have inside knowledge, but the truth is less mysterious. Most of us stick them in the same old places.
5. Bad Action – Modern markets try to burn everyone before they launch definable trends. These shakeouts occur because most traders play popular strategies that have been deconstructed by market professionals. In a sense, the buy and sell signals found in TA books are turned against the naïve folks using them.

GOLD UPDATES 21.11.2012

Just Watch level $ 1734—————-1742 

Yes Above 1742 Market Rocket,,, Market Boom Boom. Crossover and close above this level for 2 Consecutive days will take to 1768-1775-1800 level.

Will Update More to our Subscribers ,Yes already updated about MCX Gold to Susbcribers 

NEAL BHAI:- 9999974733

GOLD 19.11.2012 TO 23.11.2012

Gold December as seen in the weekly chart above has opened at 31,652 levels initially moved sharply higher, but found very good resistance at 31,937 levels. Later prices fell sharply towards 31,297 levels and finally  closed unchanged from the previous weeks closing levels.

For the next week we expect gold prices to find Support at 31,320 – 31,290 levels and further below strong support is seen at 30985-30955 levels. Trading consistently below 30,940 levels would trigger sharp correction initially towards 30,827 then 30,656 and then finally towards the major support at 30,428 levels.

Resistance is  observed in the range of 31,880-31,930 levels. Trading consistently above 31950 levels would renew the previous week’s rally initially towards 32,095 levels, then 32,265 and then finally towards the Major resistance at 32,526 levels. (NEAL BHAI)

SILVER 19.11.2012 TO 23.11.2012

MCX Silver December as seen in the weekly chart above has opened at 60,900 levels initially moved sharply higher, but found resistance at 61,585 levels. Later prices fell sharply towards 60,335 levels, and finally closed marginally lower from the previous weeks closing levels.

For the next week we expect Silver prices to find support in the range of 60,300-60,250 levels. Trading consistently below 60,230 levels would trigger sharp correction initially towards the strong support at 59,700 levels and then finally towards the major support at 58,271 levels.

Resistance is now observed in the range of 61,240-61,300 levels. Trading consistently above 61,320 levels would renew the previous week’s rally initially towards 61,650 levels, then 61,960 levels and then finally towards the major Resistance at 62,190 levels.  (NEAL BHAI 9999974733)

COPPER 19.11.2012 TO 23.11.2012

MCX Copper November as seen in the weekly chart above has opened at 416 levels initially made a low of 415.40 and then moved sharply higher towards 423.50 levels and finally closed sharply higher from the previous weeks closing levels.

For the next week we expect Copper prices to find support in the range of 420-419 levels and then strong support is seen at 417-415 levels. Trading consistently below 415 levels would trigger sharp correction initially towards the strong support at 412.35, and then finally towards the major support at 405.70 levels.

Resistance is now observed in the range of 425-426 levels. Trading consistently above 427 levels would lead towards the strong resistance at 432 levels and then finally towards the major resistance at 435 levels. Multiple closing above 435 levels would open the door for a new leg up initially towards 442 levels, then 445 and then finally towards 449. (NEAL BHAI 9999974733)

CRUDE OIL 19.11.2012 TO 23.11.2012

MCX Crude December as seen in the weekly chart above has opened at 4767 levels initially moved lower, but found good support at 4715 levels. Later prices rallied sharply towards 4854 and finally closed sharply higher from the previous weeks closing levels.

For the next week we expect Crude prices to find support at 4805-4790 levels and then strong support is seen at 4755-4735 levels. Trading consistently below 4730 levels would trigger correction initially towards 4678 then 4632 and then finally towards the major support at 4570 levels.

Resistance is now observed in the range of 4895-4915 levels. Trading consistently above 4925 levels would lead towards the strong resistance at 4950 levels, then 4984 and then finally towards the Major resistance at 5042 levels.   (NEAL BHAI 9999974733)