We had advised yesterday around 1.2550 to go long on EUR-USD and the momentum is going to carry the pair towards the next level of 1.2900 with strong support placed around 1.25. Trailing stop loss will be communicated on live basis and looks like we are going to see a complete 350 pip movement in this call and for a fresh entry also a 100-150 pip movement is on the cards. Profit of 3500 Dollars is looking to be booked in a day or two.
About This Blog
We devise Long/Short strategies for multiple asset classes including Forex Majors/Single stock/Index/Commodities. Quality commentary and analysis covering the nse-nifty and bse sensex stocks, futures and option markets, midcap stocks, penny stocks over short term, medium term and long term horizon in the Indian Stock Market. Our other core services are end to end research delivery capabilities, Report Writing & Proprietary Trading Services.
Market Buzz
ADAG group stocks tank again leading the index facing another savage fall from the resistance level of 5550-5600.
Wednesday, July 14, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment