Gold Update

Hi all,

As per given sell call @ 1790$ now Gold is near 1700$ exact 90 point gain. 1st Tgt achieve. Check by this link.

http://www.heshtechnicals.blogspot.in/2012/10/gold.html

Now next analysis with weekly & daily chart analysis of GOLD.

In weekly chart shows that All time major support near 1550$. Check RSI is also weak  First support will take near 1667$ (50 MA) some bounce back expected between 1640 to 1670$, if close 3 days below that level more downside expected till 1641-1611$. & in extreme level Tgt 1550-35$. CMP 1700$.

In daily chart 1667$ is 200 MA So, technically short & medium term view decided for gold by this level only.

Weekly Chart

Daily Chart

$GOLD

Gold Looking weak if not cross & above 1815$ one can keep Sl of 1815$ & sell for Tgt 1700$- 1641$-1611$ & in extreme level Tgt 1550-35$. CMP 1790$.

Do your own research before any trade. It's our personal & technical view.

Missed Technical calls

Dear Friends,

Only 1 day i missed to post all technical calls due to lots of work. Risky Player also can try with strict SL with low qty.

Below are the charts...

Mcx Buy call at 1200 & Tgt 1280-1325-1350 SL 1160

Closing above 1350 more upside expected till 1450-1500, Because MCX will launch exchange in diwali so, lots of expectation from retail public. & Direct indirect it's competitor of NSE/BSE & ASE.

Buy YES BANK @ 330 With tgt of 360-375 SL 320. Stock taking support of 200 SMA & bottom out.

People very much enjoyed TCS & as well as bharti airtel call in volatile market. we found stocks in 52 week low & high & given great conclusion. Buy call of TCS @ 1300 now today making high of 1430. Same bharti call @ 248 now almost 260. See by below link

http://heshtechnicals.blogspot.in/2012/08/technical-calls.html

 Waiting for your replies at hesh2601@in.com

 Thanks,

He$H. . .

Technical Calls

Dear Friends,

Today I have given 2 stocks chart which 1 making 52 week high & 2nd making 52 week low. In such crucial move what we have to do? 
Bharti Airtel heavily sold from 400 to 260 & breaking 2 yr support 255 now trading at 248. 
Tcs is india's top IT company which currently trading at 1325 with new 52 week & All time high.

In  Bharti Airtel  who has old investment but still hold they can hold till SL 210 or buy till 190

Tcs who has old investment who can slowly trading with good gain with selling at higher & buying at lower with strict SL 1230. hard for any analyst for suggesting any TGT figure but Technically as per pattern it will maximum go up to 1525(approximately) if nifty also on verge breakout of 5450 then go to 5600+. Due to Nifty up move Tcs tgt can be possible. But due to high up move anytime selling pressure will come so continually watch VOLUME. Huge fund or FII or mutual fund can book profit at this level in TCS & increase stake in Bharti Airtel.

TCS:

Bharti Airtel:

Nifty View

Dear Friends,


As last time nifty chart given & analyzed that Closing above 5145, 5230-5340 expected & nifty exactly reached 5349.
Here is the link
http://www.heshtechnicals.blogspot.in/2012/06/nifty.html


Now Technically Nifty on charts looking very weak if not close above 5325 then takes support of 5105-5020-4956. All major three indicators are in BEARISH mode. Also RELIANCE IND. results came &  net profit for the June quarter fell 21% to Rs 4470 crore. So, will see where market move, sometimes in bad results comes & stock gains on next day!!!


Your views invited at hesh2601@in.com

Thanks,
He$H. . .