Saturday, June 11, 2016

NYMEX: Crude Analysis 11-Jun-2016

CMP 48.94$
Now I am little bit worried about my bearish scenario, but still there is some possibility out there.
For my bearish and bullish scenario, please check:
http://rajmarketresearchanalysis.blogspot.in/2016/04/crude-positioanl-analysis-24-apr-2016.html


[6/11, 9:35 PM] Arockia: Weekly Analysis:

If crude closes below 48.89, highly bearish.

Early signs:
1. Weekly candle is gravestone doji.
2. Closed below MA 89.

Confirmation will be in coming week.

As of now, need to watch. No positional trades.

Now res is at 51.65$. Sellers sl max 51.65$ if u want to trade.

My targets: 47.3/45.55/43/41.55 if 51.65$ resists.

Min tgt done at 49.3$. Next small tgts can be 48.55/47.3$.

NOTE: THIS VIEW IS VALID AS LONG AS 51.65$ RESISTS.



[6/11, 9:39 PM] Arockia: Seasonality reversals:
May-Jun OR Aug-Sep TO Feb - BEARISH.
Jan-Feb To May-Jun OR Aug-Sep - BULLISH.

YEARLY

BUY IN MAR N SELL AT MAY/JUN

SELL IN JUN OR SEP N BUY AT DEC/JAN



Updated Charts:





Friday, June 10, 2016

MCX: Alum Analysis 10-Jun-2016

CMP 105.3
Resistances: 107.9/111.6
Support: 102.3

As long as the above levels resists, I expect to see 102.3 again.
Further targets: 102, 98.6, 98, 96.5, 95-94.8, 93-92.8, 91.55.


MCX: Nickel Analysis 10-Jun-2016

CMP 597.80
Supports: 556/549/517
Resistance: 646

As long as Nickel supported by the above levels, I expect to see 646 first. Further we can see 654/670-677, 691-699, 714-717, 728, 744, 762.


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.

MCX: Lead Analysis 10-Jun-2016

CMP 115.75
Res: 116.4/118.1

As long as the above levels resist, I expect to see 113.8/112.8/112.1/111.1/110.55


Risk takers can enter at cmp with sl 116.4/118.1 max.

Best sell entry would be 116.3-117.75 if you get.

Ur money n decision is urs. Take Care.



Wednesday, June 1, 2016

NYMEX: NG Positional View 01-Jun-2016

CMP 2.295
As I have expected NG moved to my 1st target 2.349. Still I am bullish and expecting more upside.

As long 2.0 supports, I expect to see 2.349[done]/2.463/2.536/2.651/2.722/2.840/2.999/3.140 positionally.



NYMEX: Crude Analysis 01-Jun-2016

06-Jun-2016
5:13 AM IST

CMp 48.78
Res: 49.44/50.10/50.21 (5:1)

As long as the above levels resists, I expect to see one more down move, min 47.74





03-Jun-2016
7:34 PM IST
Is Crude resumed it's down trend? Let us wait n watch. Res: 50.21$





CMP 49.12




01-Jun-2016
CMP 48.85
Res: 50.1/50.21

As long as the above levels resists, I expect to see 48.66 again.
Further targets: 47.71-47.49, 46.66-46.23, 44.75-44.53, 43.84

QUICK LINKS:

GOLD/XAUUSD ANALYSIS JULY 2021

PREVIOUS ANALYSIS https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html Long term analysis included in the above p...