Sunday, April 23, 2017

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.

Wednesday, April 19, 2017

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.

Friday, April 14, 2017

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.

Thursday, April 13, 2017

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

Tuesday, April 11, 2017

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.

QUICK LINKS:

GOLD/XAUUSD ANALYSIS JULY 2021

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