Monday 13 January 2020

S&P: Is top in place? 13-Jan-2020



CMP:3272.x; Res: 3279/3287

As long as the above resistances hold, we will see 3253-3246, 3237-3232 and further 3185-3180, 3121...


Saturday 16 July 2016

CRUDE ANALYSIS 16-Jul-2016

CMP 45.98
Res: 46.9/49.98
Sup: 45/44.69/44.40

As long as 45$ supports, we can see 47.06$ first. Further 47.65-47.84-48, 48.35-48.60.



If crude resisted by 50$ and any reversal from the above levels (i.e., 47.65-47.84-48, 48.35-48.60), we can see 44.4$ again. And further, 43.4/42.55/41.1/40.34/38.89/37.82/36.95/35.29.


IMPORTANT LEVEL TO WATCH: 47.65-48.60.

ABOVE 50$, WE CRUDE WILL RESUME IT'S UPTREND AS WAVE 5 AND WE CAN SEE 51.55/55/57+++.

TRADE IDEAS:
1. BUY WITH SL 45$ for tgts: 47.06, 47.65-47.84-48, 48.35-48.60.
2. SELL WITH SL 50$ between 47.65-48.60 for [44.4], 43.4, 42.55, [41.1], 40.34, 38.89, 37.82, 36.95, [35.29].


MCX
CMP 3088 | Res: 3146/3355 | Sup: 2997/3021

As long as 3021 supports, we can see 3147 again, and further, 3170-3180, 3200-3221, 3250-3270.
If resisted by 3355, and any reversal from the above levels, we will see 2997 again and further, 2967, 2888, 2840, 2762, 2653.

TRADE IDEAS:
1. Buy crude with sl 3021 for 3147, 3170-3180, 3200-3221, 3250-3270.
2. Sell crude with sl 3363 between 3200-3270, for 2997, 2967, 2888, 2840, 2762, 2653.

ABOVE 3355, CRUDE WILL RESUME IT'S UPTREND.





READ DISCLAIMER BEFORE TAKING ANY TRADE DECISION.

Thursday 16 June 2016

MCX BMs Views



[6/10, 7:00 PM] Arockia: Lead positional analysis 10-Jun-2016
Cmp 115.75
Res: 116.4/118.1

As long as above levels resists, i expect to see 113.8/112.8/112.1/111.1/110.55
Risk takers can enter at cmp with sl 116.4/118.1 max.
Best sell entry would be 116.3-117.5 if u get.
Ur money n decision is urs.
Thanks.





[6/10, 7:30 PM] Arockia: MCX: Copper Analysis 10-Jun-2016
CMP: 300.40
Resistance: 318.

As long 318 resists, I expect 291.5/283.65/279.9/270.9/265.7/256.7/251.




[6/10, 7:30 PM] Arockia: MCX: Nickel Analysis 10-Jun-2016
CMP 597.80
Supports: 556/549/517
Resistance: 646

As long as Nickel supported by the above levels, I expect to see 646 first. Further we can see 654/670-677, 691-699, 714-717, 728, 744, 762.




[6/10, 9:40 PM] Arockia: MCX: Alum Analysis 10-Jun-2016
CMP 105.3
Resistances: 107.9/111.6
Support: 102.3

As long as the above levels resists, I expect to see 102.3 again.
Further targets: 102, 98.6, 98, 96.5, 95-94.8, 93-92.8, 91.55.




[6/11, 9:35 PM] Arockia: Weekly Analysis:
If crude closes below 48.89, highly bearish.

Early signs:
1. Weekly candle is gravestone doji.
2. Closed below MA 89.

Confirmation will be in coming week.

As of now, need to watch. No positional trades.

Now res is at 51.65$. Sellers sl max 51.65$ if u want to trade.

My targets: 47.3/45.55/43/41.55 if 51.65$ resists.

Min tgt done at 49.3$. Next small tgts can be 48.55/47.3$.

NOTE: THIS VIEW IS VALID AS LONG AS 51.65$ RESISTS.

[6/11, 9:39 PM] Arockia: Seasonality reversals:
May-Jun OR Aug-Sep TO Feb - BEARISH.
Jan-Feb To May-Jun OR Aug-Sep - BULLISH.

YEARLY

BUY IN MAR N SELL AT MAY/JUN

SELL IN JUN OR SEP N BUY AT DEC/JAN


Wednesday 15 June 2016

NYMEX: Crude Analysis 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.



Sunday 24 April 2016

Crude Positional Analysis 24-Apr-2016

10-Jun-2016

CMP 48.94$
Now I am little bit worried about my bearish scenario, but still there is some possibility out there.
For my bearish and bullish scenario, please check:
http://rajmarketresearchanalysis.blogspot.in/2016/04/crude-positioanl-analysis-24-apr-2016.html


[6/11, 9:35 PM] Arockia: Weekly Analysis:

If crude closes below 48.89, highly bearish.

Early signs:
1. Weekly candle is gravestone doji.
2. Closed below MA 89.

Confirmation will be in coming week.

As of now, need to watch. No positional trades.

Now res is at 51.65$. Sellers sl max 51.65$ if u want to trade.

My targets: 47.3/45.55/43/41.55 if 51.65$ resists.

Min tgt done at 49.3$. Next small tgts can be 48.55/47.3$.

NOTE: THIS VIEW IS VALID AS LONG AS 51.65$ RESISTS.



[6/11, 9:39 PM] Arockia: Seasonality reversals:
May-Jun OR Aug-Sep TO Feb - BEARISH.
Jan-Feb To May-Jun OR Aug-Sep - BULLISH.

YEARLY

BUY IN MAR N SELL AT MAY/JUN

SELL IN JUN OR SEP N BUY AT DEC/JAN




Update 16-May-2016

 CMP 47.26

2015 Chart:

 2016 Chart:

Is history going to repeat again between May-June/July 2016?


 24-Apr-2016

CMP 43.71

Supports: 26/9.75$
Resistances: 62.57/112.21

Based on monthly chart, still I expect to see lower levels below 26$ positionally.



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$.



Bull scenario:

Based on Weekly chart,
As long as 35.2 supports, I expect to see 51.55$ first, further we can see 55.45, 57.88, [61.7-64.1], 78.



Based on Daily chart,
As long as 37.60/35.23 supports, I expect to see [44.8], 46.55, 47.55, [49.3-50.35], 56.55.









Seasonality Analysis:


As per my seasonlity analysis, crude is bullish between Feb - Aug and bearish between Aug/Oct - Jan/Feb.



If history repeats, we can see lower low around December 2016.

ICICI Bank Analysis 24-Apr-2016

ICICI Bank
CMP 253
Supports: 220/181
As long as 220 supports, I expect to see 279 first, further 316-325. 279-293-302-316-325.

HINDPETRO (Hindustan Petroleum Corporation Limited) Analysis 24-Apr-2016

HINDPETRO (Hindustan Petroleum Corporation Limited)
CMP 855.90
Suppports: 636/158
Resistance: 995
As long as 995 resists, I expect to see 636 again and further 577-551, 499-478, 415-403.

Levels to watch: 857-910.