Crude Analysis 25-Apr-2017

CMP 49.12
Sup: 47
Res: 53.75

I could see positive divergences in 1H chart.
If crude supported by 47$, we will see big upside move towards 53/55/58$ positionally.

NSE Futures View 24-Apr-2017

Today's Strategy: SELL ON RISE

1. ACC on Rise, SL 1526, TGTs: 1489, 1463, 1393, 1360, CMP 1489.15
2. Ambujacem on rise or below 237.8, SL 247/253 max, TGTs: 232, 229, 225/205. CMP: 239.35
3. Ultracemco: Res: 4041/4153, TGTs: 3915, 3841. CMP: 3974.45

4. IGL between 1070-1078, Max SL 1087, TGTs: 1055, 1040. CMP 1062.5
5. Britannia ON RISE, SL 3447, TGTs: 3360, 3308. Best Sell entry 3415-3436. CMP: 3375.25

6. Reliance: Res: 1423/1450, TGTs: 1364, 1328, 1308, CMP: 1406.4 (NEED TO WATCH, NO TRADE)

7. TVS Motor On Rise, SL 504, TGTs: 489, 465, 440, 414. CMP 483.5

8. BANKBARODA Sell on Rise, SL 180.8/182 max, TGTs: 173, 170/159. CMP: 175.95
9. BANKINDIA, Sell on rise max sl 152.6, TGTs: 148.3. CMP 150.2.

10. BUY ANDHRABANK, above 64.3 or on dips, MAX SL 52, TGTs: 68.3 82.3. CMP 60.15

Nifty Analysis 23-Apr-2017

CMP: 9119.4
Res: 9167/9274
Sup: 9075

As long as Nifty resisted by 9273, we can see 9076 again and further 9021, 8976, 8860/8800.

Strategy:
Sell on rise between 9166-9238, max sl 9273 for 9076 n other tgts.

Crude Analysis 19-Apr-2017

Analysis based on smaller time frame.
CMP 52.74
Sup: 52.49
Res: 53.24.
If crude resisted by 53.1/53.50, we can see 52.49 again and further 52, 51.23, 50$.

Strategy: Sell on rise, with SL 53.1/53.5 max for the above targets.
Note: There will be lot of noise in smaller time frame.

LONG TERM ANALYSIS OF METALS & ENERGY 14-Apr-2017

 GOLD

 SILVER

CRUDE OIL

 NATURAL GAS

COPPER

S&P Long Term Analysis 14-Apr-2017

CMP 2327.5

Are we going to see bigger correction in S&P after completing this up trend?

If you see the monthly chart, S&P resisted n supported by the following fib numbers 55, 233, 610, 987, 1597, next in the series 2584. So, will S&P going to be resisted by 2584? And we could see negative divergences in the weekly chart, which supports that, we will start bigger correction in coming months.

Crude Analysis 13-Apr-2017

Update 18-Apr-2017
CMP 53.01
As long as crude resisted by 53.73, I expect to see 52.49 again and further 51.89$.
Strategy: Sell on rise with max sl 53.75 for the above target and further 50.55-49.55.

UPDATE 14-Apr-2017, 6:43 AM IST
CMP 52.87
Res: 53.36/53.73
As per my previous update, crude sell has been activated between 53.1-53.25 and running.

I expect to see 50.55-49.55 in this down move and crude may take support at that level and can bounce back to 53/55 and expecting 58.21-60.00$.

We will see a bigger down move from there towards 30-25$, ultimate tgt can be 16$.



UPDATE 10:03 PM IST
CMP 52.92
Res: 53.36/53.73

 As long Crude resisted by 53.36/53.73, I would like see the below targets.
Strategy: Sell crude between 53.1-53.25, SL 53.37/53.78 max, tgts: [52.67], 52.3, [51.64-51.49], 50.59, [50.01], 48.55.


CMP: 55.99
Res: 53.73/.89
Sup: 52.67

As long as 53.73 resists, I remain bearish in Crude.

Strategy: Sell on rise between 53.3-53.6, Max SL 53.74, TGTs: [52.67], 52.16, [51.28], 50.40, [49.6], 49.01, [47.-05].

All the best.

Gold Analysis 13-Apr-2017

CMP 1287.03
Immediate Sup: 1271
Sup: 1240/1243/1247
Base Sup: 1046/1122/1194

Res: 1376

As long as Gold supported by the supports, we can see 1303-1318 first and further 1338-1345.
Ultimate target: 1425-1450

GOLD Analysis 11-Apr-2017

Sup: 1195/1122
Res: 1271

As long as Gold resisted by 1271, I expect to see 1247 again and further 1242, 1234, 1225, 1218.

Strategy: Sell on rise between 1260-1265 if you get or sell below 1247, with max sl 1271 for the above targets.

NOTE: View Invalid above 1271$.
Any break below 1194$, suggests that, we are in bigger correction.

Crude Analysis 10-Apr-2017

13-Apr-2017

CMP 53.46
Res: 53.89

Are we ready for fall?

As you can see in the H1, H4 charts, we could see negative divergences. Does this warns for the fall in Crude?

Let us wait n watch.




11-Apr-2017
CMP: 53.14
Res: 55.23
Sup: 51.40

As per the Hourly chart, we are in wave 5 of 5. Are we going to see a bigger correction from here? There is no confirmation of reversal yet.

So need to wait and watch for exact reversal for to initiate any shorts.




10-Apr-2017

CMP 52.38
Sup: 47.05/42.19
Res: 55.23

As long as crude supported by 47.05/42.19, I expect to see 55$ first and further 60$, 64.8$.

Trade Idea:
Buy crude on dips between 51.5-51$ with max SL $50.6, for 52.9$ fist and further for the above targets.

NOTE:
1. View valid as long as 47.05 holds.
2. Any break of 42.19, Long term analysis need to be reanalysed.

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.

03-Apr-2017

Hi Friends,
From today, I will be posting actively posting my analysis. So, keep checking my blog for latest analysis on commodities, indices, currencies and nse stocks.

Thanks.
Arockia/Raj.

NYMEX:Crude Analysis 03-Apr-2017

CMP: 50.61
Sup: 47.05 / 42.19
Res: 55.23

If you notice from the below chart, crude reversed from 61.8% level. If crude supported by 47.05, I expect to see 55.23 again and further 60.20, 63.3, 65.22, 68.32$ positionally.

Trade Idea:
Buy crude on dips between 49-48$ if you get, with max n strict SL 47.05 for the above targets.