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.

NG Positional View 11-Nov-2016

CMP 2.664/178

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.

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.