TCS: Good opportnity for short term trading

Hi friends, after a long time got some time to update my blog. TCS is in daily demand zone of 1401-1430, CMP 1430.55. On hourly chart it is seemed bearish traders are becoming nervous in some indicators. 1415-1437 is a good zone for taking a long entry (for 5-10 trading days) with a stop loss just below 1401, where upside potential is 1520, 1550.

MCX GOLD 5June 2013 is in attractive zone for long.

MCX GOLD 5th JUNE 2013 in trading at its demand zone of 27992-28204, CMP 28249. A stop loss of 27950 is well enough at present while upside is showing 29430 as target. Risk : Reward is too attractive, risk averse traders can long GOLDM, but stop loss and target should according to GOLD 5th June 2013 contact.

TATAMOTOR on short term reversal

Hi friends, look at TATAMOTOR, I am interested  with a small stop loss of today's(04/04/2013) low 255.7, CMP 260.8. There is a good reversal combination for short term (hardly 2-3 days) on daily and hourly chart. Where it is trading at it's daily demand zone and on hourly chart RSI has formed positive divergence with three swing high on RSI reading!!!! Very rare short term reversal pattern. Have a happy trading.