12 Apr2013(Sat)In the last 3 weeks(27 Mar -13 Apr'13)Goldpetal has slumped from 2978 to 2722, a drop of 256. When you compare with the last 6 months(04 Dec 12 to 13 Apr'13)the drop has been from 3169 to 2722, a slump of 447.It is expected to drop further (to be contd)
12 Apr '13 # week chart(26 mar- 12 Apr13)
| INTRADAY LEVEL OF GOLDPETAL | PROBABLE HIGH | PROBABLE LOW |
| R4 | 2923.4 | BULL | 2967.0 | 2716.0 |
| R3 | 2868.2 | UP BREAKOUT | 2917.0 | 2766.0 |
| R2 | 2848.1 | STOP LEVEL | LEVEL FOR LONG | LEVEL FOR SHORT |
| R1 | 2834.9 | SELL | 2919.0 | 2858.0 |
| PIVOT | 2827.7 | | 5 DAY HIGH | 2955.0 |
| S1 | 2757.3 | BUY | 5 DAY LOW | 2783.0 |
| S2 | 2744.1 | STOP | AVG VOLUME | 48 |
| S3 | 2724.1 | DOWN BREAK OUT | LAST DAY | Strong bear |
| S4 | 2669.1 | BEAR | HIGH | 2904.0 |
| TRADING POSTION | SELL | LOW | 2783.0 |
|
15 Apr '13(Mon)
The slump of GP continues
Gold Petal Apr 13 opened at 2757 and the lowest so far has been 2611, a drop of 146. At 1500h it is hovering at 2638
| INTRADAY LEVEL OF GOLDPETAL | PROBABLE HIGH | PROBABLE LOW |
| R4 | 2848.9 | BULL | 2954.0 | 2688.0 |
| R3 | 2814.7 | UP BREAKOUT | 2887.0 | 2755.0 |
| R2 | 2802.3 | STOP LEVEL | LEVEL FOR LONG | LEVEL FOR SHORT |
| R1 | 2794.1 | SELL | 2867.0 | 2798.0 |
| PIVOT | 2762 | | 5 DAY HIGH | 2946.0 |
| S1 | 2741.9 | BUY | 5 DAY LOW | 2722.0 |
| S2 | 2733.8 | STOP | AVG VOLUME | 47 |
| S3 | 2721.4 | DOWN BREAK OUT | LAST DAY | Bull |
| S4 | 2687.4 | BEAR | HIGH | 2790.0 |
| TRADING POSTION | SELL | LOW | 2722.0 |
|
