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.

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

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.

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.

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.

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.