Manish Damani

[MANISH_DAMANI]

US DATA: Jan IBD/TIPP Economic Optimism Index 46.5 vs 45.1 Dec in a poll taken...

US DATA: Jan IBD/TIPP Economic Optimism Index 46.5 vs 45.1 Dec in a poll taken
Jan 2-7. Two of 3 components improved: 6mo Outlook +1.8 pts, Personal Fin'l
Outlook +2.8 pts; but Confidence in Federal Economic Policies -0.6 pts. Text:
"We see a general improvement in economic confidence across-the-board. However,
fifty-nine percent think that the economy is still in a recession," thus indexs
is in pessimistic zone overall.

Source: Market News International (MNI) – A Deutsche Brse company
8. January 2013 20:30:00

 

[MANISH_DAMANI]

Intraday trader want can book profit target almost achieved. 5133 is low.

 

[megapixel]

Actually in $ terms I have given it is difficult to give Rs/$ behavior at these levels. But as our market follow US market in complete corelation which I Personally believe so I personally trade by watching nymex charts. So sorry bro for this. In evening more points gains due to closing of our currency market so mostly you get benefit in evening in normal markets.:thumb:

Manish,
Can you please tell where you find nymex charts ?

charts in investing.com are nymex charts ?

 

[MANISH_DAMANI]

Manish,
Can you please tell where you find nymex charts ?

charts in investing.com are nymex charts ?

YA IT IS NYMEX FOR WTI CRUDE. REST IS COMEX FOR METALS.USE THIS LINK.
http://www.investing.com/commodities/crude-oil-advanced-chart

 

[MANISH_DAMANI]

Bollinger band in hourly chart of nymex shows crude can fall more those are in trade still can wait. It can go below 5100 too. Keep trailling stoploss of 5140-5135 as your choice

 

[MANISH_DAMANI]

SELL CRUDE ON ANY RALLY. $94 AGAIN STOPLOSS. ABOVE $ 94 IF SUSTAINS THE BREAKOUT POSSIBLE. TILL THEN SELL.
CRUDE- PV-$93.18, Resistance-$93.72/94.3/94.84. Support-$92.6/92.06/91.48 intraday basis.

Gold-PV-$1656.43. RESISTANCE-$1666.27/1672.33/1682.17 SUPPORT-$1650.37/1640.37/1634.47.

SILVER- PV-$30.333 RESISTANCE-$30.602/30.813/31.082 SUPPORT-$30.122/29.853/29.642.
COPPER-PV-$3.6758. RESISTANCE-$3.6927/3.7073/3.7242 SUPPORT-$3.6612/3.6443/3.6297

 

[MANISH_DAMANI]

US DATA: Nov consumer credit +$16.1b as revolving +$0.8b and nonrevolving (incl...

US DATA: Nov consumer credit +$16.1b as revolving +$0.8b and nonrevolving (incl
auto, mobile home, education, etc) +$15.2b. Fedl govt loans (incl education)
+$4.9b NSA, and another chunk of the nonrevolving was made by comml banks.

9. January 2013 01:30:00

 

[MANISH_DAMANI]

ACTUAL FORECAST PRVIOUS.
16:30 USD API Weekly Crude Stock 2.36M -0.25M -12.03M
16:30 USD API Weekly Gasoline Stock 7.93M 2.25M 3.32M

 

[neerav thakkar]

ACTUAL FORECAST PRVIOUS.
16:30 USD API Weekly Crude Stock 2.36M -0.25M -12.03M
16:30 USD API Weekly Gasoline Stock 7.93M 2.25M 3.32M

with these datas can u also please say wat effects will this have on prices..it will b of great help..

 

[MANISH_DAMANI]

with these datas can u also please say wat effects will this have on prices..it will b of great help..

If inventory increase then there high probability of fall in price as supply increases. If inventory decrease then then high probability of price rise as demand increases. Above is API data,. today is also crude inventory expectation is 1.469m and previous is -11.120m. So if actual increase is more than 1.469 then you see good fall of rs 50-100 possible. If less than this rise is price possible.IST approx 9 pm earlier it was 8 pm. So when it come I will try to post it immediately.