Sunday, April 23, 2017
Wednesday, April 19, 2017
Friday, April 14, 2017
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.
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.
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.
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.
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.
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