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Gold this week
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Author Gold this week
shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1   PostPosted: Mon Oct 22, 2012 11:29 am    Post subject: Gold this week Reply with quote

Spot Gold will target 1751 $ min within this week. Downside $ terms looks over for now. 1756 is the level to watch, since it may struggle to cross it.

Rupee will try 54.20-50 & get into a rangebound to correction phase below 53.50 for this week. Overall targeting 51.10 in coming weeks.

Gautham Shashangan


Last edited by shashangan on Wed Oct 31, 2012 8:54 pm; edited 1 time in total
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pkholla
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Joined: 04 Nov 2010
Posts: 2890

Post: #2   PostPosted: Mon Oct 22, 2012 11:32 am    Post subject: Reply with quote

Why 2 threads with the same name and entry?
Prakash Holla
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #3   PostPosted: Mon Oct 22, 2012 12:03 pm    Post subject: 2 posts Reply with quote

Sorry sir,

I thought the post matters if it could help someone, not no. of postings. I have not spammed by putting 10 or 20 continuous posting of same.

But I will look into it sir. I aplogise. If you dont like I wont post again.

Thanks
Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #4   PostPosted: Wed Oct 31, 2012 9:30 pm    Post subject: Reply with quote

Strictly Intra day - Place an order to sell MCX Dec Gold Mini @ 31178-81 with a stop 31196. Min Target -31110

Place an order to Sell Spot $ Gold @ 1726.10 - .40 stop 1728.60 - Min Target 1721.25.

Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #5   PostPosted: Thu Nov 01, 2012 6:19 pm    Post subject: Reply with quote

Place an order to sell Dec Gold Mini around 31160 stop 31180
Target 31020 & 30935.

Have a look at this post just as the order nears your level to reconfirm, I may edit the level just to probably get much precise price entry.

Gautham Shashangan


Last edited by shashangan on Thu Nov 01, 2012 6:25 pm; edited 1 time in total
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SwingTrader
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Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India

Post: #6   PostPosted: Thu Nov 01, 2012 6:23 pm    Post subject: Reply with quote

shashangan,

Please make sure you create new topics in the correct forum. This particular forum is ONLY for the "Gold Challenge" we run every year for Diwali. Do not create topics here.

Your topic is being moved to commodities forum.

_________________
Srikanth Kurdukar
@SwingTrader
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #7   PostPosted: Thu Nov 01, 2012 6:33 pm    Post subject: Reply with quote

Ok I shall take care. I didnt know this forum is only for Diwali

Thanks
Gautham Shashangan


SwingTrader wrote:
shashangan,

Please make sure you create new topics in the correct forum. This particular forum is ONLY for the "Gold Challenge" we run every year for Diwali. Do not create topics here.

Your topic is being moved to commodities forum.
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shashangan
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Post: #8   PostPosted: Thu Nov 01, 2012 7:36 pm    Post subject: Reply with quote

Strictly Intra day - Dec Gold Mini - Cover shorts @ 31055 & Place an order to Buy around 31035-24 with stop 31009 for target 31090+

Gautham Shashangan
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shashangan
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Post: #9   PostPosted: Thu Nov 01, 2012 11:03 pm    Post subject: Reply with quote

Buy GoldMini @ CMP 30970 stop 30450. Target 31025.

Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
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Post: #10   PostPosted: Thu Jan 17, 2013 5:05 pm    Post subject: Reply with quote

Gold will be in the range till Tuesday.

$ 1688.10 onwards, there can be selling,
Lower side target could be 1672.50

Gautham Shashangan
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shashangan
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Post: #11   PostPosted: Thu Jan 17, 2013 8:28 pm    Post subject: Reply with quote

There can be one more round of selling from around $ 1675 & above area to 1668-67 & below.
&
There would be intra day buying from 1666.50 & below on the next attempt lower.

Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
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Post: #12   PostPosted: Thu Jan 17, 2013 8:42 pm    Post subject: Reply with quote

Sorry didnt' know there was some important news. Dont follow my trades around important news.

Gautham Shashangan

shashangan wrote:
There can be one more round of selling from around $ 1675 & above area to 1668-67 & below.
&
There would be intra day buying from 1666.50 & below on the next attempt lower.

Gautham Shashangan
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shashangan
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Post: #13   PostPosted: Fri Jan 18, 2013 4:23 pm    Post subject: Reply with quote

The mkt has possibility to touch 1672-68 region again by Monday. Upside will be limited to 1694 $.

Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
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Location: Bangalore

Post: #14   PostPosted: Fri Jan 18, 2013 6:14 pm    Post subject: Reply with quote

Kindly Note:

I am a technical trader & dont get time to track news. My entries & targets will mostly work when no big news is around, which gives wild swings to the mkt. Dont follow my calls if any important news is around, & also keep me informed.

Thanks
Gautham Shashangan
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shashangan
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Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #15   PostPosted: Tue Feb 19, 2013 5:56 pm    Post subject: Reply with quote

If I am not wrong, The Gold will be in range for the rest of the week. Range 1618.50 - 1595 $

I think for now 1612.50 -1613.00 region there will be selling.

The mkt will again try the previous low near or below 1600 by Thursday.

There can be again buying starting from around 1602 - 1599. The upside target should be 1617 & above before next Tuesday, up after testing the lows again.

I dont see mkt going below 1595 for this week or this move.

18.00 hrs CMP - 1612 $

Regards,
Gautham Shashangan
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