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CARDAMOM TREND & INTRADAY LEVELS

Trend updated for-May/21/2012.CMP-1346 The Cardamom is in perfect uptrend .Currently Cardamom is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Cardamom is now trading in oversold level. The Cardamom is now trading in oversold level. The oscillator is showing SELL signal For short term Cardamom is in HOLD LONG position.Positionally Support for the Cardamom is 1311-1273-1214-1179-1098-994-. Immediate resistance for Cardamom is 1362

Short term and Intraday Level of CARDAMOM

Currently Cardamom is in HOLD LONG position Cardamom has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 1369.8 with stop at 1271.1 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 1369.8 with a stop at 1333.5 Below 1323.3 go for sell and put stop at 1359.5

INTRADAY LEVEL OF CARDAMOM

PROBABLE HIGH

PROBABLE LOW

1386.9

BULL

1380.0

1285.0

1369.8

UP BREAKOUT

1361.0

1304.0

1363.6

STOP LEVEL

LEVEL FOR LONG

LEVEL FOR SHORT

1359.5

SELL

1341.0

1302.0

PIVOT

1341.1

5 DAY HIGH

1356.9

1333.5

BUY

5 DAY LOW

1271.1

1329.5

STOP

AVG VOLUME

690

1323.3

DOWN BREAK OUT

LAST DAY

Bull

1306.2

BEAR

HIGH

1356.9

TRADING POSTION

BUY

LOW

1320.0

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