UTV moved to our first & second target of 485 & 507 in 5 days itself, now after consolidating for few days, it is ready to move to the third target of 535
Stop loss of Thusrday's low is must & there on trailing stop loss should be used.
Reliance is the script to be watched. Metals also can make a move
Gold is poised to move higher from this level as technically MACD is about to give Buy signal.
Due to professional commitments , i will not be able to post Bullion chart on the blog.
Please go through the disclaimer mentioned elsewhere on the blog.
Disclosure : I am holding the positions in above mentioned stocks / Bullion.
This blog is meant for ideas on Stocks, commodity & Forex trading. It emphasizes on importance of Technical Analysis using Swing & Candlestick Patterns. Also covers articles on Insurance, Loans & Mortage to complete the entire Financial Basket.
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