Thursday, 29 December 2016

NYMEX: NG: Long Term Positional Analysis 29-Dec-2016

CMP 3.866$
Supports: 3.269/2.565

As long as NG supported by the above levels, I expect to see 4.389$ min.
Other targets: 5.520-5.787, 6.218-6.252, 7.347-7.675$


Friday, 2 December 2016

Crude Analysis 02-Dec-2016

CMP 50.87
Res: 52.21
Sup: 42.21

As long Crude resisted by 52.21, I expect to see 45.62, 42.21-41.8, 39.46, 38.01, 35.65, 34.20...

All the best.
Thanks.

Tuesday, 22 November 2016

Crude Analysis 22-Nov-2016

CMP 48.92
Res: 52.21
Sup: 44.85/42.21


As long as 52.21 resists, I expect to see 42.21 again and further 34$.
Important zone to be watched: 48.38-49.85.

Thanks.

Sunday, 6 November 2016

My Wave counts on Commodities











LME Base Metals Analysis 06-Nov-2016

LME

Aluminium
CMP: 1716
Sup: 1555, 1434
Upside tgts: 1785, 1940



Copper
CMP: 4994
Res: 5131
Sup: 4633

Anyside break will be big.
Below 4633, new low can be see, in mcx, 291/265/235 can be seen.

Above 5131, min 5300 can be seen and further, 5800 can be seen.



Lead
CMP: 2097
Sup: 1780, 1622, 1544
Upside tgt can be 2200.



Nickel
CMP: 10435
Sup: 9634, 8321, 7555
I expect to see 11050 again and further 11755.



Zinc
CMP: 2445
Res: 2500/2555
If the above levels resists, we can see 2243, 2087, 1965, 1843.

My view on Gold, Silver, NG, Copper 06-Nov-2016

Gold
CMP: 1304
Res: 1376
Sup: 1240/1045




Retraced 38.2%, but up move not looks like impulse,Any break of 1375/1389$, no down move view, n we will see 2500$ first.

I would like to see new low around 1210/1171/1142, n big rise towards 2500$ min.


Silver:
CMP: 18.4

I am highly bullish with silver, n expecting min 34$+.
Buy on dips is my strategy

NG:
CMP: 2.8$

Retraced 38.2%, but still some downside can be seen.
Buy on dips is the strategy for 4/6/15$.



Copper:
Cofusing. But still in triangle. Need to watch.
CMP: 2.2493
Res: 2.3098
Sup: 1.9268


If triangle works out, one can short with max sl 2.3100, for big fall.

NOTE: THERE MAY BE CONTRADICTIONS IN MY VIEWS, BUT HAVE GIVEN BOTH POSSIBILITIES.

THANKS.

Saturday, 5 November 2016

Crude Analysis 05-Nov-2016

CMP: 44.18
Res: 50.05/50.92/52.21
Sup: 42.73

Based on Monthly chart, we could see shooting star last month. This month candle will decide positional move of crude.


Based on 55M chart, we are in 3rd wave and it is extending. 1-2-i-ii-iii(done).

Still I expect to see some more down move to complete this 3rd wave. As per me, sell on rise would be the strategy.

TGTs: 39.25$, 34.4$
TGTs: 2650, 2293.

Monday, 17 October 2016

Crude Oil Analysis 17-10-2016

26-Oct-2016

CMP 49.31
Res: 52.21
Sup: 42.73

STRATEGY: Sell on Rise.
Max sl 52.23$
TGTs: 48.76, 47.46, 47.14, 46.36, 45.51

NOTE:
Any break of 42.73$, positional sell of will be in place for 38/34$.
Any break of 52.23$, we will see 53/55/59$.




17-10-2016
CMP 50.24, SL 51.68$, tgts: 39.25, 34.4.
CMP 3358, SL 3463, TGTs: 2650, 2293.

Valid till February 21st, 2017 / AS LONG AS SL HOLDS.



Saturday, 1 October 2016

Crude 01-Oct-2016

As of  now Crude oil not supporting sellers.
But there is big fight between bulls n bears.

As i have already told, we are in very big correction.



As per the above chart, next res around 51.89/62.89$.
NOTE: WE ARE FORMING BIGGER TRIANGLE TO CLOSE THIS DOWN MOVE, TGT 17-15$ FIXED. BUT WHEN? IS THE QUESTION.
ALREADY ALTERNATE ENERGY IS DEVELOPING, I DON'T KNOW WHICH, JUST AN ASSUMPTION, MAY SUSTAIN FOR 3-5-8-13-21MAX YEARS.

NO CALLS NOW. TRADERS ARE REQUESTED TO ENTER N EXIT BY INTRA STRICT. CAN HOLD IF SPECIFIED.
Thanks.


THIS IS LONG TERM PREDICTION. NOT FOR INTRA/SMALL TRADERS.


PERSONAL TRADE:
SELL  JAN CRUDE: SL: 3503 STRICT, TGT 2555/1689/999.
MY TGT FIXED 999.
go only with 2 minis strict. strict. strict. RR Ratio NEED TO BE CONSIDERED.
THERE MAY BE LITTLE CHANGE IN SL.


THANKS.

Tuesday, 27 September 2016

Crude View 27-Sep-2016

CMP 45.82
Res: 46.21, 46.34, 46.55
As long as the above levels resist, I expect to see 45.23, 44.85-44.7, 44.03, 42.71 and further 39.89$.

Ultimate tgts: 44.03, 41.55, 39.,89, 36.7, 28.9, 27.06
MCX: SL 3123/37, TGTs: 2989, 2889, 2634, 2341...




Monday, 19 September 2016

Sunday, 18 September 2016

Nifty Analysis 18-Sep-2016

CMP 8776
Res: 8961
Sup: 8667

Breakout levels: 8667(8655)/8961(8989)

Upside tgts: 9148, 8298, 9436
Downside tgts: 8485

Copper Analysis 18-Sep-2016

CMP 2.1410
Res: 2.2653/2.3098
Sup: 2.0528/2.0030/1.9268

As long as Copper resisted by the above levels, I expect to see new low below 1.9268 min.
MCX targets: 291/285/265/245...

Gold Analysis 18-Sep-2016

CMP: 1310.74
Sup: 1303
Res: 1353/1376


As long as Gold resisted by the above levels, I expect to see 1281, and further 1250, 1211, 1172, 1143

Support zone: 1305-1198.

Natural Gas Analysis 18-Sep-2016

CMP 2.997
Sup: 2.852
Base Sup: 2.697

Res: 3.023

If NG resisted by 3.052(3.055), we can see 2.852 again and further 2.810, 2.785.

If NG breaks 3.023, we will see big bull move towards 3.377-3.424.
Targets: 3.176, 3.300, 3.377, 3.424.


WTI Crude Analysis 18-Sep-2016

18-Sep-2016
CMP 43.19
Sup: 39.24(21)

Res: 48.44/49.33/51.64
Small Res: 43.7/44.33/45.46
As long as the above levels resists, I expect to see 42.21, 41.63, 40.35, 39.24, 34-33.55, 32.19, 29.27, 27.48, 26.04 positionally.



13-Sep-2016
http://rajtechnicalanalysis.blogspot.in/2016/09/crude-analysis-13-sep-2016.html

11-Sep-2016
http://rajtechnicalanalysis.blogspot.in/2016/09/crude-analysis-11-sep-2016.html

Res: 48.44/49.33/51.64
Sup: 39.24

As long as crude resisted by 47.89/48.55/49.33/51.64$, I expect to see 41.87, 39.24-38.86, 34-33.55, 32.19, 29.27, 27.48, 26.04 positionally.

Tuesday, 13 September 2016

NIFTY Analysis 13-Sep-2016

CMP 8710
Here below is my view on Nifty (BASED ON GCI MT4 NIFTY CHART. Our values differ from GCI MT4 chart).

As long as nifty supported by 8534, I expect to see 8961 again and further 9100+++.

Important levels: 8700-8630

GOLD Analysis 13-Sep-2016

CMP 1329.xx
Res: 1353/1376(1389)
Sup: 1199


As long as the above levels resists, I expect to see 1308 again and further 1297, [1287-1281], 1266, 1255, 1211, 1200, [1189-1171], 1143.


Any news going to come?
Let us wait n watch.

All the best.

Crude Analysis 13-Sep-2016

15-Sep-2016

 CMP 43.76
Res: 46.49(55)

As long 46.55 resists, I expect to see 42.75-42.5, 41, 39.6, 38.3, 36.89, 35.89.

14-Sep-2016

CMP 44.96
Res: 46.51/47.73
Sup:44.77/44.72

As long as the above levels resists, I expect to see
[43.51], 42.8, 42.36, [41.66, 41.22], 40.51, [39.52], 38.66.
[44.65], 43.5, 42.99, [41.65-41.45-41.23], 39.53, 38.69, 37.58, 36.67...

What if break 46.51? Next reversal zone: 46.58-47.4, Important level: 46.58-46.93$.
As long as 47.73(89) holds, I am bearish.

MCX:
Res: 3109/3172/3277
[2980], [2938], [2793], 2648, [2559], [2504], 2414, 2180. 
3002, [2938], 2889, 2828, [2792], 2655, [2559], [2504].





13-Sep-2016

CMP 45.87/ 3092
Res: 47.71/46.55
Sup: 42.99/2889

As long as the above levels resists, I would like to see 44.71/2999 again.

Further targets:
44.65, 43.5, 42.99, 41.65-41.45-41.23, 39.53, 38.69, 37.58, 36.67...
3002, 2938, 2889, 2828, 2792, 2655, 2559, 2504.





For any sell SL:  46.55/47.89 max / 3175/3289max.
All the best.



INTERESTING CHART FOR YOUR THOUGHT:
1. Crude resisted by MULTI YEAR trend line.
2. Important RES: 49.34, 51.68
3. Important SUPPORT 39.24(.21)
as of now.
If break 51.68$, we can see 64$.
If break 39.21$, we can see 15$.

BREAKOUT LEVELS: 51.68/39.21



Sunday, 11 September 2016

Crude Analysis 11-Sep-2016

CMP 45.87
Res: 48.44/49.33/51.64

Sup: 39.24

As long as crude resisted by 47.89/48.55/49.33/51.64$, I expect to see 41.87, 39.24-38.86, 34-33.55, 32.19, 29.27, 27.48, 26.04 positionally.



Sunday, 28 August 2016

Weekend Analysis 28-Aug-2016

Update: 02-Sep-2016



Crude:
As long as 49.34$ resists, still doors open for 45.55, 40.89$.


GOLD
As long as 1358/1367 resists, I expect to see 1303, 1298, 1263.
NOTE: If breaks 1389, we will see 1489, 1689$.


NG:
Still there is confusion, I expect to see 2.489, 2.188, 1.688.
But present move not supports bulls. Aabove 3.062, next 3.143, 3.410, 3.592$.


FAV SILVER:
I want to see 17.93-17.70, n big bull run towards 35$.


KING OF BASE METALS:
As long as 2.655/2.2934 resists, I expect to see 1.9297$.





Thanks.