Friday, November 30, 2012

USD-INR LONG TERM TECHNICAL OUTLOOK


TRUE INFOTEC: USDINR Monthly chart suggest a variety of Price Channel Pattern since 15 Years onwards.

The recent development of prices is down-side price channel pattern within The Main Price Channel Pattern.

The development of price channel pattern time frame will be 18-24 months.




Recommendation:


TRUE INFOTEC: Sell USD-INR 55.20-54.70 

TGTS 50.50-49.00-47.00 SL 57.50, CMP 54.25


Note: A reversal of Price Channel Pattern will be happening only on monthly closing above 57.50 levels only




....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Thursday, November 22, 2012

MCX GOLD MEDIUM TERM OUTLOOK



As per the below MCX Gold weekly chart, we have witnessed lower volumes on higher highs of prices since Nov 2011.

Its indicating carry forward of long positions should be too risky in near terms.

Another indicator likes RSI and MACD also in Bearish Divergence suggesting weak strength of price movement.


Probability No.1

Step 1: Gold prices may be trade range bound from 32600-32950 levels to 31300-30500 levels in next few months.

Step 2: We are suggesting trader can trade within this range until unless breakdown not happens.

Step 3: wait for breakdown with higher volumes and confirmation.

Step 4: further recommendation will be updating time to time.




Probability No.2

Step 1: Gold prices may be test resistance line of price channel and cool off from higher levels.

Step 2: Sell at 32750-32950 levels and keep stop loss above 34000 for the targets of 30500-29200 levels, CMP 31850




....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

EURUSD TECHNICAL OUTLOOK:: BEARISH




....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Wednesday, November 21, 2012

USDINR: Best Buying with Low Risk:: TARGET1 ALMOST ACHIVED



  Previous Blog published on :: 10 OCT 2012


TRUE INFOTEC: (Positional) TARGET1 ALMOST ACHIVED IN USDINR BUY CALL, CMP 55.25

....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Friday, November 16, 2012

FTSE : Medium Term Outlook Updates


  Previous Blog published on :: 08 Nov 2012



....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

CAC Technical Outlook



....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Thursday, November 15, 2012

DOW JONES TECHNICAL OUTLOOK TGT1 ACHIVED


Previous Blog published on :: 09 Nov 2012


....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Tuesday, November 13, 2012

DIWALI DHAMAKA



TRUE INFOTEC: DIWALI BUY GOLD 31500-30500 TGTS 

34500-37500, CMP 31840



TRUE INFOTEC: DIWALI BUY SILVER 60500-60100 TGTS 

77777- 88888, CMP 61300


TRUE INFOTEC: DIWALI BUY MENTHA OIL 1180-1150 TGTS 

1414-1616, CMP 1221.00


TRUE INFOTEC: DIWALI BUY COPPER 380-370 TGTS 455-

555 CMP 421.00


!!! Happy Diwali & Happy Trading !!!



Warm Regards  and Thanks
TRUE INFOTEC & Team
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Saturday, November 10, 2012

All of You Very Very Happy Diwali








Warm Regards & Thanks

TRUE  INFOTEC &
 TEAM

www.trueinfotec.in
LL: 040-40271150 / 27757500


Toll Free No. 1800 4250 1111


Friday, November 9, 2012

LOCO GOLD :: CUP With HANDLE





....to be continued



Regards
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

DJIA : Technical Outlook update




                Previous Blog published on :: 01 Nov 2012





Dow Jones :: Medium-Term 


Technical Outlook  Bearish



....to be continued



Regards
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Thursday, November 8, 2012

FTSE : Medium Term Outlook





....to be continued



Regards
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Monday, November 5, 2012

BOOK PARTIAL PROFIT IN USDINR BUY CALL, CMP 54.55



Previous Blog published on :: 10 Oct 2012






....to be continued



Regards
Pradeep Karnani
09966028055
www.trueinfotec.in
LL: 040-40271150 / 27757500
Toll Free No. 1800 4250 1111


Thursday, November 1, 2012

Dow Jones :: Medium Term Outlook



Dow Jones :: Medium-Term Technical Outlook

Bearish



....to be continued



Regards
Pradeep Karnani
09966028055
www.trueinfotec.in
LL: 040-40271150 / 27757500
Toll Free No. 1800 4250 1111