Stock for intraday trading: Buy Coal India Ltd. (COALINDIA) @ 376 for target 381 and 385 place protective stop loss at 372. At CMP of 376 it is already trading positive by more than 1.5%, and is more likely to be bullish today, So it seems to attract more buyers in this stock. The volume states that fresh long positions are built today with stock touching fresh 52 week high at 379.8 on NSE. ... [Continue Reading]
Forex: EUR/JPY Trading Analysis for 28 April 2011: Buy Above 121.15
Intraday trading analysis (tips) for EUR/JPY 28 April 2011, we recommend, Enter long in EUR/JPY above 121.15 for target of 121.45 and 121.75 also place protective stop loss below 120.85. Reason to trade long: JPY was on downtrend and we see a selling opportunity on JPY. EURO has been showing some strength and is more likely to continue the current uptrend to test its next resistance level. RSI ... [Continue Reading]
Forex: AUD/USD Trading Analysis for 28 April 2011: Buy Above 1.0915
Intraday trading analysis (tips) for AUD/USD 28 April 2011, we recommend, Enter long in AUD/USD above 1.0915 for target of 1.0945 and 1.0975 also place protective stop loss below 1.0895. Reason to trade long: AUD was on uptrend and we see a buying opportunity on AUS. Today AUD/USD has given a very positive breakout, making new high to break past 28 year high. RSI support the up move and is in ... [Continue Reading]
Forex: GBP/JPY Trading Analysis for 28 April 2011: Buy Above 136.45
Intraday trading analysis (tips) on GBP/JPY for 28 April 2011, we recommend to trade Long (Buy) GBP/JPY pair above 136.45 for target of 136.95 and 137.25 keep stop loss below 136.15. Reason behind trading long on GBPJPY: This pair has been trading in a bullish channel, supported by rising trend line, so trading in the direction of trend we will be looking for only buying opportunity as long as ... [Continue Reading]
Forex: EUR/USD Trading Analysis for 28 April 2011: Buy EURO above 1.4835
Intraday trading analysis (tips) for EUR/USD 28 April 2011, we recommend, Enter long position in (Buy) EUR/USD above 1.4835 for target of 1.4875 and 1.4915 also place protective stop loss below 1.4815. Reason to trade long: The pair has broke above the 1.4815 level and is strongly heeding towards 1.49 level. Giving solid trading opportunity in this strong uptrend. Also EURO has strongly ... [Continue Reading]
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