Crude Analysis 13-Jul-2016

CMP: 46.42
Res: 46.91
Sup: 44.39

As long as 46.91$ resists, we can see 46.31/45.95/45.65/45.35/45.13/44.99/44.67.

Important Levels:
1. 46.15-45.44$
2. 45.36-44.98$

Seller's SL: 46.91
Buyer's SL: 44.39

Strategy:
1. Sell on rise with max sl 46.91$ for the above targets.
2. Buy on dips with max sl 44.39$ for 46.9$ first, further targets will be updated after reversal confirmation.

Previous Posts:
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-analysis-10-jul-2016.html

Thanks.

SILVER ANALYSIS 10-Jul-2016

CMP 20.18
Resistance: 21.13$
Support: 19.19$

As long as 19.19$ supports, I expect to see 21.11 again and further 21.23, 21.69, 22.49.

Crude Analysis 10-Jul-2016

CMP 45.19
Res: 48.3/49.34/47/50.51/51.64
Sup: 45.82 (broken)

As long as 51.64$ resists, I expect to see 42.42-41.73, 41.11-40.25 positionally.

Advanced view:
Sell on rise between 48.1-51$, SL 51.65$ for 42.42, 41.11$.

As of now sl 45.95 for small trades tgt 43.9$. If this taken out, need to wait for market action.

Previous posts:
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-positional-view-4-jun-2016.html
http://rajtechnicalanalysis.blogspot.in/2016/07/crude-historical-seasonal-analysis-06.html


READ DISCLOSURE BEFORE TAKING ANY TRADE DECISION.

CRUDE HISTORICAL (SEASONAL) ANALYSIS 06-Jul-2016

HISTORICAL/SEASONAL ANALYSIS OF CRUDE

BUY

 SELL

ANALYSIS

BUY		SELL		BUY				SELL
Feb-2016		May-2015		Jan	6		Jan	1
Mar-2015		Oct-2015		Feb	10		Feb	0
Apr-2013		Jun-2014		Mar	7		Mar	3
Jun-2012		Aug-2013		Apr	5		Apr	4
Oct-2011		Sep-2012		May	2		May	6
May-2010		May-2011		Jun	1		Jun	3
Feb-2009		May-2010		Jul	1		Jul	1
Jan-2007		Jul-2008		Aug	0		Aug	7
Feb-2006		Aug-2006		Sep	0		Sep	4
Jan-2005		Dec-2006		Oct	3		Oct	10
Feb-2004		Apr-2005		Nov	1		Nov	2
May-2003		Sep-2005		Dec	4		Dec	1
Jan-2002		Oct-2004
Nov-2001		Aug-2003
Jan-2000		Sep-2002
Apr-2000		Jan-2001
Feb-1999		Sep-2001
Dec-1998		Mar-2000
Feb-1996		Oct-2000
Jan-1995		Mar-1998
Oct-1995		Oct-1998
Apr-1994		Oct-1997
Dec-1994		Apr-1996
Feb-1992		May-1995
Mar-1991		Aug-1994
Jul-1990		Mar-1993
Feb-1989		Oct-1993
Mar-1988		Jun-1992
Oct-1988		Oct-1992
Feb-1987		Nov-1991
Dec-1987		Oct-1990
Apr-1986		Apr-1989
Feb-1985		Apr-1988
Jan-1984		Aug-1987
Mar-1984		Oct-1987
Mar-1983		Aug-1987
Dec-1983		Nov-1985
Apr-1982		May-1984
Mar-1983		Oct-1984
Mar-1982		Aug-1983
		May-1982
		Jun-1981

CRUDE POSITIONAL VIEW 4-Jun-2016

06-Jul-2016
06-Jul-2016
CMP 46.24
Res: 51.65
Sup: 45.82/35.23/26

Bearish Scenario:
If breaks 45.82, we can see 45.32, 44.69 and further 42.4, 41.1...

Bullish scenario:
If supported by 35.23, and any reversal from 41.5-40, 39.1, we can see 51.64 first, further break,

If crude holds between 26.1-51.65,
Ideal path for triangle may be 26.1 -> 51.6, 51.6 -> 31, 31 -> 48, 48 -> 34, 34 -> 45, 45 -> 21.


As per my view, we are in wave 4 from higher tf, so I expect to see a bigger triangle, which may last for several months before big fall towards 21$.

ANOTHER SCENARIO FOR CONSIDERATION:

CMP 46.26
I could see divergences in Crude Daily TF.
If crude breaks, 45.82$, I expect to see more fall towards 42/38/35$.
Tgts: 42.6-41.86-41.11, 38.83-38.06, 35.82-35.3-33.57.

04-Jul-2016
NYMEX:
CMP: 48.98
Res: 50/50.55/51.65
Support: 45.6
As long as the above levels resists, I expect to see 45.8$ again.
And further 43.1, 41.9, 39.9, 38.9, 35.75, 33.6$.

MCX:
Res: 3356(55)/3423(21)/3446(55)
Support: 3113
As long as the above levels resists, I expect to see 3117 again.
Adn further 2895/2815/2658/2624/2566/2432/2286.

Trade Idea:
Sell with max sl 3360/3460 for the above targets.
SAFE SELL below 3113. SL will be updated after trigger.

READ DISCLOSURE BEFORE TAKING ANY TRADE DECISION.
Thanks. All the best.

NYMEX: Crude Analysis 15-Jun-2016

28-Jun-2016

Cmp 46.65

Res: 50.55/51.65

Sup: 45.8

As long 50.55 resists, i expect to see (44.7), 43.3, (41.1), 40.3, (38.9), 37, (35.3), 29.5.

Best sell entry: 48.5-49.1 if u get.

View valid as long as 50.55$ resists.

All the best. 

16-Jun-2016

CMP46.98

Res: 49.26/51.66

As long as the above levels resists, I expect to see [[45.82]], [45.38], 45-44.86, [44.5], [[43.68]]-43.45, 43.17, 42.36, [41.52]-41.23, [40.23]-40.06 n more.

 

15-Jun-2016

Is this in play?

24-Apr-2016

Bear Scenario:
As long as 35.2 supports, we can see 44.8 first, and further 45.4, 46.4-46.8, 47.5-47.8, 49.2, 50.26.
If crude resisted by 50.91$ and any reversal from the above levels, first target 26$ and further targets 21, 19.89, 17.89$.

Original Post:
http://rajmarketresearchanalysis.blogspot.in/2016/04/crude-positioanl-analysis-24-apr-2016.html

15-Jun-2016

CMP: 47.81
If crude resisted by 48.68$, I expect to see 47.42, 46.95, 46.66-46.48, 46.18, 45.77, 45.41 next.

COMEX: Gold, Silver View 13-Jun-2016

CMP
GOLD:  1274.xx
SILVER: 17.13

[6/13, 7:08 AM] Arockia: Gold: 1304
Silver: 18
If these levels broken, big bull run will be in place.
Gold can show 1450+
Silver can show 22+
[6/13, 7:16 AM] Arockia: Gold best buy level: 1250-1220, sl 1198$ max

Silver best buy level: 16.5-16.1, sl 15.75$ max