Crude Positional Views Update (given on 01-Dec-2014)

NYMEX
CMP 65.83
My ideal targets: 64.7-[64.48]-64.3, 63.3-[63.11]-63.00, 58.7-[58.44]-58.2, 57.5-[57.34]-[57.2]-57.00, 54-[53.88]-53.6, 50.89, 50.48, 47.32, 38.95.

65.83 -----> 53.6


http://freecommodityanalysis.blogspot.in/2014/12/nymex-crude-view-01-dec-2014.html



MCX
CMP 4201.
As per my analysis, If crude resisted by 4817/4348, I expect more down side and my downside targets are: 4091, 4006, 3868, 3815, 3571, 3400, 3238...

4201 -----> 3400

http://freecommodityanalysis.blogspot.in/2014/12/mcx-crude-positional-view-01-dec-2014.html

Advanced Call for Monday posted on 27-Dec-2014

Good Evening Friends!
Advanced Call 3 for next Week:
SELL ON RISE is still my strategy.

Sell Crude on every rise or at CMP 3547.
Strict SL: 3635/3750/3740.
TGTs: 3505, 3437, 3290-3274, 3170-3161, 2999-2990.

ALL THE BEST.

Crude Positional View 26-Dec-2014

GOOD MORNING FRIENDS!!!
Still I am bearish in Crude and no Change with my call given on 22nd Dec. SELL ON RISE is my strategy.

ADVANCED CALL: Sell Levels: 3625, 3645, 3660-3700 (Best Entry). Strict SL 3735/40. TGT 3570-3565, [3526], 3480-3465, [3437], 3410-3401, [3375-3364], 3320-3309. NEVER HOLD IF SL HIT. ALL THE BEST. TRADE AT YOUR RISK. Take Care Friends. My Ultimate TGT 3210-3170.

NYMEX: SELL ON RISE BETWEEN 57.2-57.5, Stop Loss: 57.7/59.1. TGTs 55.10, 54.5, 53.7, 52.9, My positional targets: 53.2, 51.5, 49.9.


12:57PM
1. Risky Sell cmp 3588, SL 3605, TGT 3572, 3563, 3554.
2. Buy between 3563-3545, Strict SL 3530, TGT 3600, 3625, 3640-3660.
3. Follow Advanced sell with Strict SL 3735/40. All the Best.

Positional Analysis of Crude 24-Dec-2014

mcx raj Dec 24, 2014 03:40AM GMT

POSITIONAL ANALYSIS OF CRUDE 24-Dec-2014. NYMEX Resistances: 59.02/58.51, Supports: 53.60/54.28/55.08. Above 59.10, I expect 60.3, 62.3, 64.51, 67.7.. Below 53.60, I expect 52.7/50.6/48.5/45.2.. From the Hourly Chart, if you notice Triangle is formed. I expect big move on any side breakout.. Crude not ble to make new highs/new lows and it is trading in a range.. Sellers Stop must be 59.2. Buyers Stop must be 53.5.

mcx raj Dec 24, 2014 03:41AM GMT

MCX. Resistance: 3730, Support: 3437. Above 3730 I expect, 3887/3995/4166. Below 3437 I expect, 3274/3161/2995. Sellers Stop 3735/40. Buyers Stop 3420.. Take Care Friends.

mcx raj Dec 24, 2014 03:44AM GMT

CMP 56.7/3609

Today's Calls 22-Dec-2014

Sell NYMEX crude at cmp 57.73, Strict SL 58.1/58.5. TGT 57, 56.3, 55.9, 55.3.

10:30 AM
High Risk Sell cmp 3692, Strict SL 3705/3720, TGT 3675, 3665, 3655.

11:08 AM
Sell copper at cmp 409.2 or on Rise, Strict SL 410.6/411, TGT 407, 405, 403.

Some DO's and DON'Ts

Some DO's and DON'Ts
1. DON'T trade without STOP LOSS.
2. DON'T OVERTRADE. By doing so, you are increasing your RISK.
3. DON'T try to recover from loss immediately. If you do so, there is a possiblility of loosing more and more or may be full of your capital.

1. Fix your Profit/Loss per day (3k/5k/10k/20k/50k etc... based on your capital). Don't trade if your limit reached (profit or loss)
2. Try to trade with full margin instead of going for exposure. More the EXPOSURE More the PAIN.
3. If you follow some advisor, always follow the same person (Don't shift advisor if you face losses. If you do so, you may face the same with the new advisor).
4. Trading is not an one day event, It will be there tomorrow/next week/next month/next year/ next decade/next millenium ... (Slow and Steady win's the race).
5. Whenever possible, try to modify your stop loss (TSL - Trailing Stop Loss)
6. Try to learn while you trading/following some advisor. Because advisors will not come along with you full time over a period of time.
7. Loosing money in the market is very easy BUT earning is difficult and it is slow process.

MCX Lead Positional Analysis 19-Dec-2014

CMP 116.40
Swing Low: 43
Swing High: 155.30

As per my monthly chart, retracement levels are: 128.75 (done), 112.5, 99.2, 85.9, 76, 67.1, 43(100%).

Based on my Weekly Chart, If Lead resisted by 139.55/155.30, I expect big fall in lead and
Downside targets are: 113.7, 108.85, [105.95], [100.8], 99.35, 98.1, 93.15, [85.3].

Based on my Daily Chart, If Lead resisted by 128.55/139.55, I expect,
Downside targets are: 115.80 (done), 113.10, 109.1, 108.5, 105.6, 101.8, 97.2.
Trade Idea: Sell lead on rise with strict SL 128.6 for the above targets.

Based on my Hourly Chart, If Lead resisted by 125.55, I expect minimum downside 118.85.
As of now, Lead done 3rd wave at 115.85 and it is in correction now. If so,
Retracement Levels are: 118.1, 119.5, 120.7, 121.8, 122.65, 123.45, 125.55 (100%).
Normally, wave 4 will make 23.6% retracement and lead made high 118.05 (118.1 (23.6%)).

Any  move below 115.85, confirms next down move (wave 5).

Downside target is: 113.3.
Other targets: 112, 110.5, 109.1.


Trade Idea:
As per my analysis,
Sellers SL 118.3/125.7/128.5
Buyers Strict SL: 115.7.

1. Buy Lead at CMP 116.40 with Strict SL 115.7 for 118, 119.4, 120.2, 121.6.
2. Sell On Rise between 120-123 with Strict SL 125.7 for 116, n for my positional targets.
3. If Lead moves below 115.8 before move above 118.1,  Sell below 115.8 with strict SL at 118.2 for my positional targets.

Crude Positional Analysis 18-Dec-2014

Good Morning Friends.
Positionally, I am still bearish. Still I expect to see 50.7-50.54/48.00-47.73.

As of now, the resistance is at 77.80/78. As long as 77.80, resists, my strategy will be SELL ON RISE.

NOTE: This view is based on Monthly/Weekly/Daily charts.
Now small resistance is around 63.7/64.4.


As per my analysis, we are in wave 4 of Wave 5 and we have done minimum (normal) correction at 58.94. If this is the end of wave 4 of w5, then my ultimate target would be 46.00-45.34-45.00.

Wave 4 of Wave 5 other retracement levels: 57.35 (done), (made high 58.94) 59.68, 61.56, 63.43, 64.86, 66.11.

For this view to be valid, crude must break 53.60 first.

Trade Idea: Risk takers can enter SELL at cmp 56.90/59.3, with strict SL 57.3/59.
OR BETTER WE CAN WAIT FOR CLEAR VIEW OF THE TREND.


Any move above 69.7, my view will be invalid and I will considering the move as positional long term BIG UP move.

Let us wait and watch how the market unfolds.

NOTE: We are nearing the end of down move/may be we would have completed, so now shorting is highly risky.
This analysis is for learning purpose only. TRADE AT YOUR RISK. Thanks.

Today's Calls 17-Dec-2014

6:25 AM
High Risk Sell Crude at cmp 55.32, SL 55.7/56.65/57.2, TGT: 54.3, 53.75, 53, 52.8 (Based on Current Month Contract).

Next Contract CMP 55.68.

Morning View: If crude resisted by 3610/3665, I expect 3527, 3511, 3485, 3469, 3453, 3427. Sellers SL 3615/3670.

Today's calls 16-Dec-2014

HIGH RISK: Sell crude at Cmp 3537 or on rise between 3545-3560, with strict SL 3615 for 3495, 3465, 3410. High risk call. Don't hold if sl hit. Best of luck

Today's Calls 15-Dec-2014

Good Morning Friends!!! Have a Profitable Day n Week!!!

MORNING VIEW: Today`s Strategy:

CRUDE
Sell at cmp 3635 or on Rise with Strict stop loss 3730. Resistances: 3690/3730/3780/3860. Targets: 3580-3570, 3534, 3464, 3409, 3273.

Nickel Long Term Positional View 14-Dec-2014

Nickel Analysis 14-Dec-2014
Swing High: 2247
Swing Low: 453

Retracement Levels: 857, 1137 (done), 1350, 1561, 1719, 1862, 2247 (100%).

If Nickel Supported by 453, 787, I expect 1660.
If Nickel Supported by 787 upside targets are: 1279, 1394, 1583, 1660.
If Nickel supported by 899, upside targets are: 1279, 1394, 1506, 1578, 1695.

Nickel High Level Chart

Short Term:

If crude supported by 1010.60, I expect 1066, 1073, 1093-1100, 1113.
Breakout Levels: 1010/1067.


Based on My Weekly Chart,
Retracement Levels: 875, 1137 (done), 1350, 1561, 1719, 1862.

If Nickel supported by 453, 787, 899, I expect 1279 and 1332 first.
My Targets are: 1279, 1328-1332, 1407, 1539, 1664-1666, 1871-1875, 1998, 2204.

If Nickel supported by 899, I expect 1279, 1392-1394, 1466, 1506, 1578-1583, 1695.


My Targets are: 1279, 1328-1332, 1392-1394, 1407, 1466, 1506, 1578-1583, 1664-1666, 1695, 1790, 1871-1875, 1998, 2204.
My Ultimate targets are: 1279, 1580, 1690, 1870, 2204.



Trade Idea:
Buy Nickel on dips with Strict SL 1009. Below 1009, my short term view will be changed.

TRADE AT YOUR RISK.

MCX Crude Positional View 13-Dec-2014

CMP 3635.
Resistance: 3981/4302/4817.

Based on My Weekly Chart, Next Long Term positional targets are: 3567, [[ 3530-3501-3471 (important level to watch)]] , 3273, 3148, [3120-3095-3048], [2998, 2954], 2877, 2795, [2637], 2276, 2172.

Copper Postional View 11-Dec-2014

CMP 404.60
Resistances:  440/413.

As long as Copper resisted by 440/513, I expect big down move in Copper.
My positional targets: 392, 364, 346, 319, 291, 271, 245.

If Copper supported by 389, then retracement levels are: 401.5 (done), 408, 414, 420, 424, 428.

If Copper supported by 389/397/402, I expect up move.

Trade Idea: Buy Copper with Strict SL 402/397.
Targets: 406.5, 408.5, [410.5], 413.4, [414.5], 417.5, 418.7, 420.3, [421.3], 424, [425.4].


If Copper resisted by 440, and any reversal from the above retracement levels, I expect 390 first.
My other targets are: 379, 372, 360.

TRADE AT YOUR RISK! HAPPY TRADING!!!

NYMEX Crude Positional View 09-Dec-2014

CMP: 62.75.
Nymex Crude Resistances: 77.80/69.53.
As long as the above levels resist, my strategy is SELL ON RISE with strict stop loss at 70.

Next targets: 61.00-[60.84]-60.44-60, 58.7-[58.43]-58.2, 55.70-[55.43-55.13]-55.00, 52.3-[52.12]-52.00, 50.3-[50.12-49.72]-49.5, 46.9-[46.72-46.42]-46.3.

I will be reanalysing my chart if crude moves above 69.53. As long as 69.53 resists, this view is VALID.


TRADE AT YOUR RISK.

NYMEX Crude view 06-Dec-2014

CMP: 65.69
Resistance: 77.80/69.53/68.20

CRUDE MADE LOW 64.65. Now, the SHORT TRADE STOPPED. I expect some bounce back. So, better we can wait for clear view . But my positional view is still same on the SELL SIDE. But waiting for better entry.

I am waiting for clear view whether we are in wave 5 (3) DOWN or Wave c(4) UP. So, TRADE STOPPED.

STILL THIS VIEW IS VALID n WORKED WELL. BUT I SUPPOSE WE ARE NEARING BOTTOM OF WAVE 5 of WAVE 3. TRADE CAREFULLY. ENJOY SELLERS.



Variation 1
If crude resisted by 77.80, I expect to see 64.44 again. And more on the downside I expect, 63.05, 58.33, 57.53, 57.13, 53.77.

Variation 2
If crude resisted by 77.80, I expect 60.73, 60.23, 56.73.

Based on the above analyses, resistance is at 77.80. As long as 77.80 resists, Positionally, I expect
63.05, 60.73, 60.23, 58.33, 57.53, 57.13, 56.73, 53.77.


Based on my Hourly chart, If Crude resisted by 68.2, I expect to see 65.00, 63.80, 63.63, 62.43, 60.81.

As per this analysis, one can go short with strict stop at 68.5/70.00.

My ultimate targets on the downside are:
65.10-64.90, 63.85-63.60, 63.15-63.00, 62.6-62.40, 61-60.75.

My Positional Targets:
63.15-63.00, 58.7-58.3, 57.25-57.10, 54-53.70.

TRADE AT YOUR RISK. WATCH OR TRADE.

MCX Crude Positional View 01-Dec-2014

GM Friends!!!
CMP 4201.
Resistances: 4817/4348

As per my analysis, If crude resisted by 4817/4348, I expect more down side and my downside targets are: 4091, 4006, 3868, 3815, 3571, 3400, 3238...

NYMEX CRUDE View 01-Dec-2014

CMP 65.83
Resistance: 77.80

As per my view, we have started wave 5 at 77.80 from the bigger picture.
As usual, my strategy still SELL ON RISE.

I expect the following levels in Crude.
Retracement Levels: [64.48], 57.34, 50.89, 33.19 (100%).
As per wave 1: 57.20.
As per wave 0-3: 63.11, 58.44, 57.3, [53.88], 50.48, 47.32, 38.95.

My ideal targets: 64.7-[64.48]-64.3, 63.3-[63.11]-63.00, 58.7-[58.44]-58.2, 57.5-[57.34]-[57.2]-57.00, 54-[53.88]-53.6, 50.89, 50.48, 47.32, 38.95.


Crude is now at important retracement level 61.8% (around 64.5). If crude resisted by 77.80/78 I expect the following downside targets 63.3-63.11, 58.7-58.44, 57.6-57.34, 54.10-53.88, 50.9-50.48, 47.6-47.32.

Nymex Crude Positional Success

Positional View given on 01-August-2014
http://freecommodityanalysis.blogspot.in/2014/11/nymex-crude-positional-analysis-01-nov.html
Strategy: SELL ON RISE with Strict Stop Loss 83/85 for the below targets.
Positionally, my ultimate targets on the down side are: 78.5-78.25, 77.5, [76.3], 75-74.9, 73.5, [72.8].


Positional View given on 01-Nov-2014
http://freecommodityanalysis.blogspot.in/2014/08/nymex-crude-positional-down-move-view.html
Based on My chart, I expect 96.2, 92, 88, 85, 81 Long Term Positional.


High Level Chart

Friends, wait for Monday (01-Dec-2014) for my latest view.

MCX Gold positional view 24-Nov-2014

[11/24, 6:23 AM] kacraj (mcx raj): GOLD bearish below 26200
[11/24, 6:23 AM] kacraj (mcx raj): Any move below 26200, I expect 25700, 25200, 25000, 24600, 24200-24000, 23850-23700, 22700, 22000, 21500
[11/24, 6:23 AM] kacraj (mcx raj): Resistance 27700, 28100, 29100

Positional View of Nickel 23-Nov-2014

Positoinally I expect big up move in Nickel. Check my chart for targets.

If nickel supported by 899, I expect 1280, 1390, 1575, 1695.

If nickel supoported by 916, I expect 1044, 1060 soon. We may see downside correction from 1060 levels. Will update once we reach there.

Possible moves at present:

MCX Natural Gas NG Positional View 20-Nov-2014

Based on My Analysis,
If NG supported by 243.60, I expect big up move and targets are: 279.1, 293, 301-306, 316-321, 329, 341-344.

Based on my Daily chart and retracement view, If NG supported by 217.60, I expect 260.6(done), 287, 309, 331, 348, 362, 402.4 (100%).

Based on H4 chart, If NG supported by 256.90, I expect 279.10 again, and other targets: 280, 282, 286, 289, 291, 295.

Based on my 1H chart, If NG resisted by 280/278.1 I expect down side correction. Downside targets: 271, 268.5, 267.7, 265.6, 263.6, 261.8, 256.90(100%).

Any move below 256, I am bearish and I will be reanalysing my chart.

As of now my stragey is BUY ON DIPS for big target.

Before I post my charts, NG done it's downside target upto 271.

Buy NG at these levels (271/270, 268.5, 265, 263, 261) with strict stop loss 255. Best entry would be between 266-261.

GOLD UPDATE 17-Nov-2014: MCX GOLD Positional View 09-Nov-2014

MCX GOLD Positional View 09-Nov-2014
Original post - MCX GOLD Positional View 09-Nov-2014

Chart as on 09-Nov-2014

Present Chart 17-Nov-2014

Crude view 16-Nov-2014

[11/16, 8:10 PM] kacraj (mcx raj): As per my analysis, if crude resisted by 4801, we will see 4524 again. My other tgts: 4475 n more
[11/16, 8:10 PM] kacraj (mcx raj): Sell on rise  or at cmp 4666 with strict SL 4805 for my tgts.
[11/16, 8:10 PM] kacraj (mcx raj): Nymex tgt: 73.3, 72.8, 72, 71.5, 70.8/70.7

[11/16, 8:16 PM] kacraj (mcx raj): My positional tgt 64/65$
[11/16, 8:16 PM] kacraj (mcx raj): My immediate next tgt 72.8, 70.7
[11/16, 8:16 PM] kacraj (mcx raj): Which is as per my view wave 4
[11/16, 8:16 PM] kacraj (mcx raj): I expect sideway/range bound from next low

Crude Next Down side Targets 14-Nov-2014

Good Morning Dear Friends!

My next positional targets: 4570-4540, 4460-[4442]-4430, 4350-4322-4300. Resistances 4920/5093. Positional traders can sell on rise for my targets.

HAVE A PROFITABLE DAY!!!

POSITIONAL VIEW OF CRUDE 12-Nov-2014

POSITIONAL VIEW OF CRUDE 12-Nov-2014: If crude resisted by 4920, 5093, I expect big fall in crude. Positionally  I expect 4691, 4597, 4540, 4442, 4367, 4277. My Ultimate targets: 4691, 4540, 4442, 4227. Positional Sell can be initiated on rise with Strict SL 4930/5100.

MCX GOLD Positional View 09-Nov-2014

CMP 25905.

Based on my monthly, weekly chart,
If Gold resisted by 35059, 29083, I expect to see 23550(23486), 22000(22100), 20000(19883) positionally.
Other targets: 19747, 17573, 16178, 14004.

Based on my Daily chart,
If Gold resisted by 27638, I expect to see 24700(24627), 23300(23197).
Other targets: 24627, 24246, 23864, 23555, 23197, 22649, 22149, 21863, 21267, 20457.

Based on my Hourly chart,
If gold supported by 25167, I expect to see 26110, 26401, 26690, 26911, 27103, 27638 (100%) on the upside.
Reversal from any of the above level, my first target is 25167.

Best level to enter sell is between 26900-27150.
Resistance: 27638.


Now,
Buyers SL 25150/25100. Targets: 26100, 26400, 26650, 26900, 27100
Seller SL 26650/700. Targets: 25167. Check my other targets in my positional View.

ANY MOVE BELOW 25167, upside view will be invalid n sell will continue.

As long as 27638 resists, my strategy is SELL ON RISE.

These are just my view. TRADE AT YOUR RISK!!!  Check Disclaimer


GOOD LUCK!!!

Today's calls 06-Nov-2014

High risk calls:
Sell gold at Cmp 1143.30, SL 1151, tgt 1136, 1113+.

Sell crude at Cmp 78.90, SL 79.6/81, tgt 76, 75.4, 73.5+++.

NYMEX Crude Positional Analysis 01-Nov-2014

78.5-78.25, 77.5, [76.3] DONE.

CMP 80.71
Based on my Monthly/Weekly chart, If crude resisted by 114.82, 112.21, I expect minimum 75, 72.5.
Other targets: 75.25-74.95, 72.75-72.35, 66-65.65, 63.3-63.05, 60-59.75, 57.5-57.15, 50-50.45, 48.25-47.9.

Based on my Daily chart, If crude resisted by 107.67, I expect 78.8-78.3.
Crude already done small targets at 83.25, 81.78.
But still I expect minimum 78.8-78.3. Other targets: 74.95, 73.86.

If crude resisted by 94.89, I expect 77.9-77.67-77.5, 73.8-73.65, 73.4-73.20, 71.5-71.17-71, 69.3-69.18-69, 67.75-67.54-67.3, 67.3-67.07-67.

If crude resisted by 84.79, 82.87, I expect, 79.45 again.
Other targets: 78.26, 77.57, 76.20, 75.55, 74.27, 72.95, 72.45.

If crude supported by 79.55, I expect upside retracement.
Resistance 82.87
Retracement levels: 80.33 (done), 80.82, 81.21, 81.60, 81.89, 82.15, 82.87 (100%).
Reversal from any of these levels, my first target 79.55.

If crude supported by 79.55, I expect up move.
If 80.77 resists, I expect small down move towards 80 and then up move towards 81.5,
Other levels and targets plz, check the chart.
However, I expect 82.87 will resist and reversal from any level, first target 79.55.

Strategy: SELL ON RISE with Strict Stop Loss 83/85 for the below targets.
Positionally, my ultimate targets on the down side are: 78.5-78.25, 77.5, [76.3], 75-74.9, 73.5, [72.8].

THIS VIEW IS VALID AS LONG AS 83, 85 RESISTS. TRADE AT YOUR OWN RISK.
ALL THE BEST. HAPPY TRADING!!!

High Level Chart

CRUDE POSITIONAL CALL 30-Oct-2014

10:26 PM
CMP 4990

POSITIONAL CALL: BUY CRUDE ON DIPS between 4960-4940 WITH SL 4895 STRICT
TGTS: 5095, 5138, 5167, 5213, 5287, 5353, 5407.
Multi lot traders can enter one lot at cmp 4992/90.

GOOD NIGHT FRIENDS.

DON'T HOLD IF SL HIT.

This call cancelled. Will give call later.

Today's calls 30-Oct-2014

[10/30, 10:24 AM] kacraj(mcx raj): Buy can be between 5035-20, with strict sl 4999/4989/4070, tgt 5095, 5108, 5135-155. Don't hold if sl hit. High risk
[10/30, 10:25 AM] kacraj(mcx raj): My sell levels below 5002, or 5110-5155

10:50 Am IST
Sell gold between 1214-21, sl 1237/1257. Tgts: min tgt 1208, other tgts 1203, 1191, 1181, 1175.

Today's Calls 29-Oct-2014

[10/29, 10:54 AM] kacraj(mcx raj): If anybody missed can Buy above 33 for Imran ji's tgt

[10/29, 11:27 AM] kacraj(mcx raj): Can also buy now with strict sl 5022

[10/29, 11:38 AM] kacraj(mcx raj): Risk takers sl 5022

[10/29, 11:38 AM] kacraj(mcx raj): Tgt 5047-55

[10/29, 11:38 AM] kacraj(mcx raj): Cmp 5030. Watch or take risk

3:40 PM
Breakout levels 5048/5029. Below 5029, tgts 5019, 5005. Above 5048, tgts 5057-62, 5070-85. Sellers SL 5048, Buyers SL 5029.

4:39PM
Sell Crude with SL 5065, TGTs 5040, 5025, 5015, 5000.CMP 5057/58 If SL Safe.

Today's calls 28-Oct-2014

Now Breakout Levels 4953/4991. Above 4991, I expect 5002-5012, 5035, 5045. Below 4953, I expect 4942, 4932, 4907, 4998. Below 4998, my refer my positional targets. MY STRATEGY IS STILL SELL ON RISE.

Sell crude with sl 5003/5015, Cmp 4985, tgts check above n my other tgts.
Best entry between 5045-5085 if u get with sl 5120.

All views stopped. Will post my view after my analysis. As of now, no calls.

9:21PM
Today's last call:

Buy crude at cmp 4970 or on dips between 4947-4930, sl 4895, tgt 5027, 5055, 5075, 5100, 5156, 5198, 5235.

Today's Calls 27-Oct-2014

4:00 PM
Below 4977, crude weak as per my view. I expect lower circuit from here.

Sell can be initiated at cmp 4978 or on rise between 4985-4990 with SL 5003.
My tgts: 4950-4940, 4915-4910, 4890-4870, 4840-4826, 4705.

Any break of 4949/4944 Crude weak.

Check my positional chart for my positional view.

 8:35PM 2nd call
Sell crude at cmp 4971 if you get or on rise. Strict SL 5003, TGT 4900, n my other tgts.

COMEX SILVER VIEW 26-OCT-2014

CMP 17.16.

Based on my monthly chart, If silver restricted by 37.50, I expect Silver to make a down move towards 11.30.

Based on Weekely chart, If silver restricted by 25.05/26.11, I expect 15.41, 13.79-13.18 on the down side.

Based on my Daily Chart, If Silver restricted by 22.15, I expect more down side and expect 16.22, 14.75.

Now, If Silver restricted by 21.57/25.05/26.11/37.50, I expect minimum down side target 16.43.

As long as 21.57 holds resistance, sell on rise is the strategy for targets

16.43, 16.22, 15.41, 14.75, 13.79, 13.18, 11.30.
Strict SL 21.7/22.


ALTERNATE VIEW
What can happen if 16.64 supports and if this move is wave 2 correction?

If wave 2 correction is not over then, we can see 17.78 again and further targets, 18.21, 18.48-18.53, 19.1, 19.62-19.69. Buyers Stop loss can be 16.5.

If you get these upper levels, sell can be initiated with strict SL 21.7/22.


Sellers SL: 21.7/22.00. TGTs: 16.43, 16.22, 15.75, 15.41, 13.79, 13.18, 11.30.
Buyers SL: 16.5/16.40. TGTs: 17.78, 18.21, 18.48-18.53, 19.1, 19.62-19.69.

Trading against the trend is always risky. SELL ON RISE is my STRATEGY.

But I am still bearish and expecting down move below 16.64.

NOTE: ANY MOVE BELOW 16.64, I AM HIGHLY BEARISH AND WE CAN SEE MY DOWN SIDE TARGETS.

GOOD LUCK!!!

PRESENT CHART - 12-MAR-2015