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GOLDPETAL TREND & INTRADAY LEVELS

Trend updated for-May/21/2012.CMP-2888 The Goldpetal is in perfect uptrend .Currently Goldpetal 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 Goldpetal is in SELL position.Positionally Support for the Goldpetal is 2848-2847-2832-2824-2813-2806-. Immediate resistance for Goldpetal is 2903

Short term and Intraday Level of GOLDPETAL

Currently Goldpetal is in HOLD LONG position Goldpetal has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 2899.8 with stop at 2787.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 2899.8 with a stop at 2879.2 Below 2876.2 go for sell and put stop at 2896.8

INTRADAY LEVEL OF GOLDPETAL

PROBABLE HIGH

PROBABLE LOW

2904.8

BULL

2943.0

2797.0

2899.8

UP BREAKOUT

2907.0

2834.0

2898

STOP LEVEL

LEVEL FOR LONG

LEVEL FOR SHORT

2896.8

SELL

2875.0

2842.0

PIVOT

2886.3

5 DAY HIGH

2891.0

2879.2

BUY

5 DAY LOW

2787.0

2878

STOP

AVG VOLUME

2876.2

DOWN BREAK OUT

LAST DAY

Bull

2871.2

BEAR

HIGH

2891.0

TRADING POSTION

BUY

LOW

2882.0

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