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Trend updated for-May/21/2012.CMP-23091 The Goldguinea is in perfect uptrend .Currently Goldguinea is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Goldguinea is in SELL position.Positionally Support for the Goldguinea is 22923-22825-22705-22691-22562-22474-. Immediate resistance for Goldguinea is 23191Short term and Intraday Level of GOLDGUINEACurrently Goldguinea is in HOLD LONG position Goldguinea has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 23174.5 with stop at 22341.0 The oscillator is showing BUY signalIntraday Trend- Buy is advised only above 23174.5 with a stop at 23026.2 Below 23007.6 go for sell and put stop at 23155.8 | |
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| INTRADAY LEVEL OF GOLDGUINEA | PROBABLE HIGH | PROBABLE LOW | ||
| R4 | 23205.5 | BULL | 23498.0 | 22422.0 |
| R3 | 23174.5 | UP BREAKOUT | 23229.0 | 22691.0 |
| R2 | 23163.3 | STOP LEVEL | LEVEL FOR LONG | LEVEL FOR SHORT |
| R1 | 23155.8 | SELL | 22989.0 | 22763.0 |
| PIVOT | 23073.7 | 5 DAY HIGH | 23099.0 | |
| S1 | 23026.2 | BUY | 5 DAY LOW | 22341.0 |
| S2 | 23018.9 | STOP | AVG VOLUME | 135 |
| S3 | 23007.6 | DOWN BREAK OUT | LAST DAY | Strong Bull |
| S4 | 22976.8 | BEAR | HIGH | 23099.0 |
| TRADING POSTION | BUY | LOW | 23048.0 | |
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