12 apr'13

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 GOL DPETAL