Crude cracks 10% as expected !!!

Crude Crack

 

 

See the previous link two days back which https://www.nooreshtech.co.in/2011/05/crude-setting-up-for-a-crack.html

 

We had similarly given some super turning points in the last 2-3 years on crude check previous posting below 🙂

https://www.nooreshtech.co.in/2008/07/crude-chart-n-view.html  --- Crude sell call at 145

 

https://www.nooreshtech.co.in/2009/05/crude-can-it-move-beyond-54.html  - Crude buy call at 54 for 68

 

https://www.nooreshtech.co.in/2009/06/crude-gold-and-dow-jones-update.html  -- Follow up call on Crude

Now we expect Copper to be in a downtrend and possible crack. Disclosure: Advised short to clients at 408 booked part at 401 so can now stand comfortably.

 

As always a clear and honest tehnical view 🙂

 

Regards,

 

Nooresh

7 Comments

  1. Rinaar
    May 6, 2011

    Hi sir h r u,
    i have buy bilcare @ 405/-,
    can u explain the fundemental & technical of the stock stopplus,target

    Reply
  2. rahul
    May 7, 2011

    The post on “gold medium term view” is removed from analyseindia.com .. Do u manitan the same view of buyin betn 2200-2250 with a stop 2100 .. I have bought some qty arnd 22500-22700 .. What should I do buy more on decline or hold the bought qty

    Reply
    1. nooresh
      May 7, 2011

      Hi,

      The post has just dropped down lower because of newer posts.

      We have initiated a short term buy at 21800 levels

      Reply
      1. rahul
        May 17, 2011

        Gold has tested 1470 for the third time in this month … Would it be comfortable to buy if it dips to 1400-1425 …

        Reply
    2. nooresh
      May 7, 2011

      Hi,

      The post has just dropped down lower because of newer posts.

      We have initiated a short term buy at 21800 levels

      Reply
  3. rahul
    May 12, 2011

    Whts ur view on gold .. Fell from 1575 to 1470 n again upto 1525 n then back to 1480 n again up to 1510 .. Is this volatility going to take gold higher or lower ..

    Reply
    1. nooresh
      May 13, 2011

      Hi Rahul,

      If you go through the webinar had mentioned gold is a buy on dips for 1520 tgt which it did. Would still be a buyer at 1450-1470.

      Reply

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