Sunday, January 24, 2010

Gold Views MCX India (25th Jan 2010 till 30th Jan 2010)

Gold


last week readers of the blog would have picked both the high and low of gold


Even one lot of gold future contract would have fetched the reader in excess of 70,000 rupees.


http://jerrytechnicals.blogspot.com/2010/01/gold-views-mcx-india-18th-jan-2010-till.html


For the coming week, 16200 could turn out to be vital support for gold.


If 16200 is held, gold will attempt a pullback to 16500 and 16700.


On the other hand, breaking and trading below 16130 will open up gold for


downside targets of 15990, 15850 and 15700.


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Weekly Outlook for Indian Stock Market : http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market_24.html


Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.

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