WTI Crude Analysis 31-Oct-2017

31-OCT-2017

CMP: 54.05
Res: 54.26/54.45/55.23
Sup: 53.81

As long as the above resistances holds I expect to see 53.81 first. Below 53.81, we can see 53.62/53.23-53.14, 52.78, 52.59.

Previous Analysis: http://rajtechnicalanalysis.blogspot.in/2017/10/wti-crude-analysis-26-oct-2017.html

NSE: ACC Analysis 29-Oct-2017

CMP 1783.15
Sup: 1540/1255/1173/910.

Above 1824, we will see 1957-2040, [2033], 2173-2256, [2236-2361], 2577, [2564-2689], 2740, 2892, [3175], [3423].

Previous Analysis [My ALLTIME Favourite analysis]:
https://rajmarketresearchanalysis.blogspot.in/2016/03/acc-analysis-21-apr-2015-to-19-mar-2016.html

USDINR Analysis 29-Oct-2017

CMP 64.994
Res: 68.85
Sup: 63.78/63.55

If 63.55 supports, we can see 65.77 again and further, 66.10-66.20, 66.58, 66.82-66.93, 67.30.

Break of 68.82, we can see 70/72/77-78 positionally.

Thanks.

BITCOIN Analysis 29-Oct-2017

CMP 5771.82
Res: 6171/5985
Sup: 2970/171/0.05
SUPPORT ZONE: 4972-2970

If the above levels resists, we can see 5172/4750-4660/3881.

Alternate Scenario:
What will happen if 5356 supports?
If Bitcoin breaks 5984/6171 successfully, we can see 6265 first and further 6653-6744, 7281.

TRADINGVIEW WIDGET

INDEX: NIFTY Analysis 28-Oct-2017

CMP: 10315
Sup: 9683(89)/7889/6822(21)
As long as 9683/7889/6822 supports, we can see 10533/11662/11818 n more...

NSE: FED BANK Analysis 28-Oct-2017

CMP 120.05
Sup: 100.55/41.75

As long as 100 supports, we can see 127 again and further 144-148.

NSE: NTPC Analysis 28-Oct-2017

CMP 181.95
Sup: 153/107
Res: 189

As long as 153 supports, we will see 187 again and further 224, 241-251, 368-278, 319, 338, 366...

Buy on dips is my strategy.
Best buy level: 168-160 or buy above 189 for the above targets.


DISCLAIMER:
I do not have any positions outstanding in any of the today's recommended shares/commodities either in my or my family members' trading accounts.

FOREX: CHFJPY Analysis 28-Oct-2017

02-Nov-2017

Nothing to add much in Positional View of CHDJPY Analysis 28-Oct-2017. Still I expect to see more down side.

CMP: 114.05
Sup: 113.7/113.4
Res: 115.74

If 113.7/113.4 supports, we can see 114.29-114.41, 114.58-114.68, 114.85-114.95
Important Level to Watch: 115-115.21 (can sell with max sl 115.75 strict, view valid if break 114.74) if we reach there.

Positionally, I expect to see 113.4 again and further 112.56, 110.51, 109.21, 108.26, 106.87.
Important level to watch: 106.9-105.5.

Buyers SL: 113.68/113.38 (max)

Sellers SL: 115.76/116.48 (max)

28-oct-2017

CMP 113.89
Res: 115.78/116.47/118.6
Sup: 112.66/107.68/101.87

As long as 116.47 resists we can expect 112.66 first and further 110.51/109.11.

Break of 112.66 more fall.

BankNifty - Long term View - 27-Oct-2017

CMP: 25022 
Res: 
Support: 23923/23611 
Base Support: 17589/13595 

Important Levels: 
Upside: 25655-25834 / 25921-26089 
Downside:23689-23555 

As long as 23923 supports, I expect to see 25154 (done), futher 25451-25635, 25932-26116, 26828, 27191. 
Long term postional targets: 25938, 28886, 30709, 33657.

FOREX: EURJPY Analysis 26-Oct-2017

27-Oct-2017
3:55 PM IST
Is the down move completed? Min tgt done at 132.5. Next 132.26/132.04/131.83.

Sellers Max SL 132.96.


26-Oct-2017
CMP 132.92
Res: 134.43
Sup: 132.80

If 132.8 supports, we can see 133.2, 133.45-133.5, 133.65, 133.84, 133.99.

WTI Crude Analysis 26-Oct-2017

31-Oct-2017

CMP: 54.05
Res: 55.23(21)/ 54.23(21)
SUPPORT ZONE: 52.53-50.85

If crude resisted by 54.23, we can see 53.59,/53.19/53.09.

26-Oct-2017

CMP: 52.10
Res: 52.30/52.83 (Big Resistance)
Sup: 52.01/51.87

Upside: 52.36/52.58-52.63/52.92
Downside: 51.87/51.69/51.15-51.05

PREVIOUS ANALYSIS:

http://rajtechnicalanalysis.blogspot.in/2017/10/nymex-wti-crude-analysis-19-oct-2017.html

FOREX: AUDJPY Analysis 26-Oct-2017

CMP: 87.71
Res: 87.78
Sup: 87.33

If 87.78 resists, we can see 87.33, [87.11], 86.91, [86.71].

Sellers Stop Loss: 87.79 Max.

NSE: ICICIBANK FUT Analysis 26-Oct-2017

CMP: 299.10
Sup: 255
Res: 315

Retracement Levels: 301(done), 292, 285 (almost done), 277, 272. Is the correction completed or yet to go more down?

NSE: HDFC Bank Fut Analysis 25-Oct-2017

HDFCBank Fut
CMP 1792.5

Res: 1879.5
Sup: 1164.9/929.9/528/400.25

I expect another up move towards 1949/2079/2222.

But as of now, I expect 1880 will resist for some time which can lead to 1710/1606 as Wave 4 Correction. This view is valid as long as 1880 resists. Break of this we will see 1949...

NYMEX: NG Analysis 24-Oct-2017

24-Oct-2017

CMP: 3.1560
Res: 3.476/3.947
Sup: 2.771/2.538/1.597 (base support)

Primary Scenario:

As long as NG resisted by 3.476 resists, we can see 2.771/2.538 again and further 2.286/2.152/2.063.

Alternate Scenario:

Break above 3.947, we will see 4.888 first and further 5.443, 6.340-6.683 (ultimate), 8.690(extended).

Previous Analysis: http://rajtechnicalanalysis.blogspot.in/2017/10/nymex-ng-analysis-13-oct-2017.html

HindZinc FUT Analysis 23-Oct-2017

cmp: 321.4
Res: 330
Support Zone: 314-285
Base Support: 227

If 330 resists, we can see (313-311, 307-305, 299), 305, 291-287, 279, 267.

VIEW FAILED. BUT  HIT THE 1ST TARGET.

NSE: TATASTEEL FUT Analysis 22-Oct-2017

CMP 706.5
Res: 719.6
Sup: 624.6/428.9/198.8 (base support)

Based on Daily chart, if 719.6/721 resists, we can see 698/683, 624.

VIEW FAILED.

World Indices Analysis (Swiss SMI, DAX 30, CAC 40) 21-Oct-2017

SWISS SMI
CMP: 9214.7
Sup: 8749.2/7301.5

As long as 8749 supports, we can see 9654, 9794-9868
Next Biggest Resistance: 10946

DAX 30
CMP 12982.6
Sup: 11863/8689
As long as the above levels supports, we can see 13343, 14223, 14748, 15647, 15867.
Next Biggest Resistance: 17711.

CAC 40
CMP: 5368
Sup: 4989/3889

As long as the above levels supports, we can see 5573, 5675, 6168, 6230.

US DOLLAR INDEX DEC 17 Analysis 21-Oct-2017

CMP: 93.57
Res: 93.65/94.1
Sup: 92.91(.89)/92.59(.55)

As long as 92.89 supports, we can see 94.1 first n further 94.26, 94.5-94.6, 94.76, 95.65.

NYMEX / WTI CRUDE Analysis 19-Oct-2017

Update 23-Oct-2017

 

Update: 9:08 PM: Are we going to see more fall?

20-Oct-2017 

CMP 51.57
Res: 52.53/52.83
Sup: 50.85/49.08

As long as crude resisted by 52.53, we can see 50.85 again and further 50.20/49.08/48.77 and other targets as per previous analysis.

Alternate view:
But we could see a POSITIVE DIVERGENCE in 1H chart. Is the job of of this divergence done or still in continuation.  Will this divergence is going to take more control or Down trend will continue? Let us wait n watch.

 

19-Oct-2017

CMP: 52.24
Sup: 51.9/51.46/49.08
Res: 52.38(.34)/52.53(.55)/52.83(.89)

Bearish:
If the above resistances resists,
52.83 --> 50.25, (48.78), (46.46-45.91), 42.71
52.53 --> 52.00, (51.75), (51.36-51.27), 50.73. MADE LOW 50.85
52.38(.34) --> 51.9, 51.77-51.7, 51.46

Bullish:
If Crude breaks 52.53/52.83, we will see 52.97 first and further 53.63-53.79, 54.39, 54.7...

As of now, my view not changed and I am still bearish as long as 52.53/52.83 resistances hold.

NOTE: READ DISCLOSURE BEFORE TAKING ANY TRADE DECISION.

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

COMMODITY: ZINC Analysis 14-Oct-2017

CMP: 3245
Sup: 2427/1444/1088

As long as 2427 supports, we will see 3382/3973-4000.

As long as 2983 supports, we will see 3420-3440 next.

FOREX: EURUSD Analysis 13-Oct-2017

FOREX: EURUSD
CMP: 1.1835
Sup: 1.1670

As long as 1.1670 supports, we will see 1.2089 first and further 1.2155.

Based on monthly/weekly charts, still a lower low is missing. If this is case, we will see 1.0340 again and further 0.9797/0.9433.

Monthly Chart

Weekly Chart

NYMEX: Crude Analysis 13-Oct-2017

CMP 51.55
Res: 52.83
Sup: 51.19(immediate support)/50.14/49.08

Scenario 1(up move): If crude supported by 50.14, we can see 51.73/52.83 and a break of 52.83 we will see 53.88/54.22

Scenario 2(down move):  If crude resisted by 52.83 we will see 50.14 first and 49.08. A break of 49.08 we will see 48.6/45.6/45.05.
I prefer to be on sell side as long as 52.83$ not broken.

IMPORTANT LEVEL: 51.7-51.95.

INDEX: S&P 500

INDEX: S&P 500
CMP 2549
Res: 2555
Base Supports: 2484/2028/1981/1803

S&P remains in uptrend.
If 2555 resists, we can see a small correction towards 2538/2530.
Positionally, still looks for 2564/2578/2693/2809.

NSE: RELIANCE Analysis 13-Oct-2017

CMP: 875.1
Sup: 836/779

As long as 836 supports, I expect to see 915 first, and further 963/975.

Made high 957.8 till now.

NYMEX: NG Analysis 13-Oct-2017

NYMEX: NG
CMP: 3.008
Res: 3.183/3.476/3.947
Sup: 2.771/2.538/1.597

NG has done nearly 61.8% of wave (1/A) at 2.538 which is normal. Have we completed the correction or are we going to see deeper correction for bigger rise?

As per the Daily Chart, if 3.183 resists and break below 2.771, I expect to see 2.771, 2.538-2.495 again and further 2.286, 2.152.

NSE: HINDPETRO 12-Oct-2017

NSE: HINDPETRO
CMP: 456.9
Res: 495
Sup: 396/337

As long as 396/337 supports, I expect to see 494 again and further 555, 651, 674, 809.

NSE: GRASIM FUT 12-Oct-2017

NSE: GRASIM FUT
CMP: 1153.1
Res: 1275/1334
Sup: 1043/1016

Positionally, I look GRASIM as highly bullish scrip. Expecting a big bull move above 1334. Analysis will be done after the break.

Based on 4H chart, If Grasim resisted by 1275/1334, we can see a down move towards 1016/960/943.

One of my favorite stock.