Blog

We have been advocating to be cautious chasing NIFTY highs. NIFTY has reversed exactly from the previously highlighted resistance of 8880. Right now it’s playing around minor intraday support near 8820. Still our game plan remains the same. Wait until price come to us near...

NIFTY Trading Range – Part 2

We have been advocating to be cautious chasing NIFTY highs. NIFTY has reversed exactly from the previously highlighted resistance of 8880. Right now it’s playing around minor intraday support near 8820. Still our game plan remains the same. Wait until price come to us near...

Forex

How long NZDUSD can keep defying gravity is anybody’s guess but there is value in shorting NZDUSD near 0.7600. As usual with current market conditions, needs to be quick to book partial profit as soon as position turns in favor and bring the stops...

NZD/USD Short Trade Idea

How long NZDUSD can keep defying gravity is anybody’s guess but there is value in shorting NZDUSD near 0.7600. As usual with current market conditions, needs to be quick to book partial profit as soon as position turns in favor and bring the stops...

Silver is following Gold to the downside. We believe that $15 is not too far for Silver but have to be cautious in shorting it. Ideal entry level is around 16.70. UPDATE: ( 7:40PM IST, 2/20/2015) Time to book partial profits here and move the...

Silver Short Trade Idea – 2/18/2015

Silver is following Gold to the downside. We believe that $15 is not too far for Silver but have to be cautious in shorting it. Ideal entry level is around 16.70. UPDATE: ( 7:40PM IST, 2/20/2015) Time to book partial profits here and move the...

Gold has broken previous support of 1220 and now we are looking for shorting it again near this resistance. Today’s FOMC meeting minute release might be the perfect backdrop for getting few bucks from Gold trade. We are of the opinion that Gold is...

GOLD Trade Idea – 2/18/2015

Gold has broken previous support of 1220 and now we are looking for shorting it again near this resistance. Today’s FOMC meeting minute release might be the perfect backdrop for getting few bucks from Gold trade. We are of the opinion that Gold is...

crude oil pump

Yesterday’s turnaround from the lows of 51 to 54 was phenomenal. Given the recent volatility in WTI Crude Oil prices nothing can be taken for granted. Our approach of trading the established ranges has been greatly successful so far.  We will be careful not...

Crude Oil Trade Idea – 2/18/2015

Yesterday’s turnaround from the lows of 51 to 54 was phenomenal. Given the recent volatility in WTI Crude Oil prices nothing can be taken for granted. Our approach of trading the established ranges has been greatly successful so far.  We will be careful not...

NIFTY is stuck between 8800 and 8880 for last couple of days.  Patience is virtue until we get decent entry point for a long trade. Again we will be waiting for prices to come to us near 8750 because there is no point in...

NIFTY Range Trading – 2/18/2015

NIFTY is stuck between 8800 and 8880 for last couple of days.  Patience is virtue until we get decent entry point for a long trade. Again we will be waiting for prices to come to us near 8750 because there is no point in...

Pound Note

Positive rate hike feeling for the pound is keep on pushing. We will be looking to get long GBPUSD near 1.5380 – 1.5360. Tomorrow’s CPI and Wednesday’s MPC vote data will move the pound.   UPDATE: (2/17/2015 3:50 PM IST) CPI data has brought positive...

GBP/USD Trade Idea for 2/16/2015

Positive rate hike feeling for the pound is keep on pushing. We will be looking to get long GBPUSD near 1.5380 – 1.5360. Tomorrow’s CPI and Wednesday’s MPC vote data will move the pound.   UPDATE: (2/17/2015 3:50 PM IST) CPI data has brought positive...

Nifty is finding good resistance at familiar place. As we mentioned earlier that there is little value in chasing the highs, it is trying to retrace the recent run. Better support for a long trade we are looking for is around 8750.    

NIFTY Trade Idea for 2/16/2015

Nifty is finding good resistance at familiar place. As we mentioned earlier that there is little value in chasing the highs, it is trying to retrace the recent run. Better support for a long trade we are looking for is around 8750.    

Crude Oil price volatility can bring surprise anytime but it seems like it has settled between a wide range of 50 – 54 as of now. We would like to exploit that range until it’s broken and new trend emerges. We are looking to...

Crude Oil Trade Idea for 2/13/2015

Crude Oil price volatility can bring surprise anytime but it seems like it has settled between a wide range of 50 – 54 as of now. We would like to exploit that range until it’s broken and new trend emerges. We are looking to...

We advocated long Gold in our previous post and it’s been worked out nicely. If price reaches to 1240 then we would like to short it for a quick trade again exploiting the resistance area. Better value for long-term short is near 1250/60 and we...

Gold Trade Idea for 2/13/2015

We advocated long Gold in our previous post and it’s been worked out nicely. If price reaches to 1240 then we would like to short it for a quick trade again exploiting the resistance area. Better value for long-term short is near 1250/60 and we...