Sunday, May 14, 2017

Long Term Positional Analysis of EURUSD 14-May-2017


Based on Monthly chart,
Res: 1.1366, 1.1877, 1.4940, 1.6038.
As long as 1.1366 resisted by EURUSD, we can see 0.9455, 0.8888, 0.8489.


Based on Daily chart,
Res: 1.1022/1.1366
Sup: 1.0839/1.0340
EURUSD has done minimum target at 1.1022. If breaks 1.1022, next levels would be 1.1065-1.1097, 1.1124-1.1169, 1.1253-1.1284.
As long 1.1022/1.1366, resists, we can see 1.0340 first.


Based on Hourly Chart,

Res: 1.1022
Sup: 1.0856/1.0839
As long as EURUSD supported by 1.0914 and a break of 1.0934, we can see 1.0940, 1.0952, 1.0964-68.
And if resisted by 1.1022, we will see 1.0839 first.

Tuesday, April 25, 2017

Crude Analysis 25-Apr-2017

CMP 49.12
Sup: 47
Res: 53.75




I could see positive divergences in 1H chart.
If crude supported by 47$, we will see big upside move towards 53/55/58$ positionally.

Monday, April 24, 2017

NSE Futures View 24-Apr-2017

Today's Strategy: SELL ON RISE

1. ACC on Rise, SL 1526, TGTs: 1489, 1463, 1393, 1360, CMP 1489.15
2. Ambujacem on rise or below 237.8, SL 247/253 max, TGTs: 232, 229, 225/205. CMP: 239.35
3. Ultracemco: Res: 4041/4153, TGTs: 3915, 3841. CMP: 3974.45

4. IGL between 1070-1078, Max SL 1087, TGTs: 1055, 1040. CMP 1062.5
5. Britannia ON RISE, SL 3447, TGTs: 3360, 3308. Best Sell entry 3415-3436. CMP: 3375.25

6. Reliance: Res: 1423/1450, TGTs: 1364, 1328, 1308, CMP: 1406.4 (NEED TO WATCH, NO TRADE)

7. TVS Motor On Rise, SL 504, TGTs: 489, 465, 440, 414. CMP 483.5

8. BANKBARODA Sell on Rise, SL 180.8/182 max, TGTs: 173, 170/159. CMP: 175.95
9. BANKINDIA, Sell on rise max sl 152.6, TGTs: 148.3. CMP 150.2.

10. BUY ANDHRABANK, above 64.3 or on dips, MAX SL 52, TGTs: 68.3 82.3. CMP 60.15

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.

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...