MCX: Base Metals Positional Views 07-Nov-2017

MCX: Base Metals - Positional Views: ZINC: CMP: 210.15, Res: 219, If 219 resists, we can see 199, 187, 180. Copper: CMP: 449.1 Res: 455/467. As long as these resists, we can see 442-440, 431. Alum: CMP 139.7, Res: 143, If 143 resists, we can see 131, 124, 119. Lead: CMP: 161.4, Res: 172/176. If 172 resists, we can see 155 again and further 147, 132. Nickel: CMP: 830.2, Sup: 736/664/555. As long as these supports, we can see [856], 926, 969, [1039, 1083]. 
 I don't have any position. These are just my views.

COMEX: COPPER Analysis 19-Oct-2017

26-Oct-2017

CMP 3.1723
Res: 3.2263/3.2493
Sup: 3.1285/2.8635

If Copper resisted by 3.2263, We can see 3.1285 again and further 3.1074/3.0555/3.0103/2.9797.

19-Oct-2017

CMP: 3.1613
Res: 3.2489(3.2493)/3.2584
Sup: 2.8635/2.8147
SUPPORT ZONE: 2.8123-2.4382

Based on Daily chart, if Copper resisted by 3.2493, we can see 2.9044, 2.8-2.7570, 2.5316, 2.3889.

MCX:
CMP: 456.95
If copper resisted by 467, We can see 434, 413

Copper Analysis 10-Apr-2017

CMP: 2.6318
Sup: 2.5398/2.5939/2.5826
Res: 2.7082/2.8123

Based on my Daily chart,
If Copper supported by 2.5939, I expect to see 2.6943 again and further 2.7324, 2.7480, 2.7598.

Based on 1H, 15M chart,
Sup: 2.5943/2.5843/2.5498
Res: 2.7070

As long as 2.5943$ supports, I expect to see 2.6847 again and further 2.6935, 2.7070, 2.7315-2.7401

Trade Idea:
Buy Copper on dips between 2.6176-2.6076, or above 2.6410 with max sl 2.5943 for the above targets.

Commodities View 05-Feb-2017

Copper(res 6044 lme) highly bearish
Lead (res 2400 lme),
Zinc (res 2984 lme) bearish
Alum (res 1883/89 lme) can some up move n fall
Nickel (res 12140, sup 9350/7565(55)) confusion

Gold (res 1225$, sup 1206$)
Silver (res 17.73$, sup 17.20$, base support 16.55$
NG res 3.555$ support zone: 3.400-2.555
Crude res: 54.34, sup: 53.34

Anyside breakout will be big.

Thanks.

Raj.

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.

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...

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.

MCX: Copper Analysis 10-Jun-2016

CMP: 300.40
Resistance: 318.
As long 318 resists, I expect 291.5/283.65/279.9/270.9/265.7/256.7/251.

Thanks.