Nickel View 30-June-2014

Nickel Short Term View:
This view is valid as long 1086, 1071, 1047 supports. Below 1047 bear.

As long as 1086, 1071, 1047 holds supports, we will see 1157, 1164, 1169, 1225+.

Based on 1H chart, I expect retracment. Retracement levels are:1124(minium), 1119 - 1113 (Normal), 1107, 1102, 1086.30 (100%).
Any reversal from these levels, we will see first 1137.

USDINR View 30-June-2014

Down Side:
If USDINR restricted by 60.49, 61.19, 63.34, we can see down move towards 58.34, 57.29, 56.61-56.40, 56.07. Below 58.34 BEAR.

Up Side:
If USDINR supported by 58.34, we will see 61.82, 63.89-62, 68.73 Positionally. Above 61.19 BULL.

Short term: If USDINR Restricted 60.41, 60.49, we may see 59.34.
Upside retracements: 60.07, 60.14, 60.19, 60.24, 60.28.

Today's Calls 30-June-2014

10:17AM: Buy Alum CMP 111.2, Strict SL 110.9, TGT 111.5, 111.8, 112, 112.3-112.5. [SL HIT, CALL CLOSED]
10:19AM: Buy Lead between 128.3-128, SL 127.70, TGT 128.5, 128.8, 129, 129.4
10:21AM: Buy Crude CMP 6357, SL 6340, TGT 6380, 6400, 6420, 6440.[SL HIT, CALL CLOSED]


11:26AM: Crude supports are 6333/6318/6300. I expect crude to go 6375, 6395. Buy on dips between 6335-6345 with strict sl 6330/6315.

1:20PM: Buy NGAS between 265-265.6, SL 263.75, TGT 266.6, 267.6, 268.2. [Entry Not met. But reached 267.6 as of now. 5:28pm]

1:26PM: Buy Crude CMP 6340, Strict SL 6315, TGT 6375, 6395. [6375 Achieved.]

8:20PM:  Risky Buy Crude between 6347-6337, Strict SL 6330, TGT 6375, 6390-6405.RISKY TRADE.

SPOT Gold based on lower timeframes

As per my analysis based on 1H Chart, now the resistances are: 1321, 1322, 1326. If these levels resists, down targets are: 1314, 1307, 1294.

If Gold breaks 1326, we can see up move.

Positional View of Copper 29-June-2014

Positional View of Copper
If copper supported by 394,404, I expect copper up move targetting 422.75, 432, 441, 466, 512 positionally.

If 422.1/422.75 restricts, we may see small down trend which targets 416, 412, 409.

As per my previous view gave retracment call, copper achieved my 1st tgt of 418. Gave Sell at 420.4 with SL for tgts 418, 417, 416-415.

Let us wait n watch tomorrow, how the market moves tomorrow.

But now, my positional view of copper is bullish.

MCX Crude Positional View 29-June-2014

If Crude Supported by 6333/6330, we will see 6549, 6738, 6788, 7109, 7420...

Short Up Move:
If crude supported by 6348/6333/6330, we will see, 6395, 6410, 6423, 6448, 6470, 6499+++.

Down Move
If 6410 restricts, we may see 6350/6348, 6320-6310, 6295-6280, 6250...
But for this down move crude has to break 6350/6348/6333/6318. Now these are strong support for Crude.

Before any down move, if 6350/6360 supports, I would like to see 6380-6400. Let us check tomorrow.

As of now, still my view is on the up side.

NYMEX Crude View 29-June-2014

Positional Upmove if 105 holds support:
If crude supported by 105, upside targets are: 107.5-107.3, 108-108.3, 108.5-108.7, 109-109.3, 109.5-109.7, 110.3-110.6, 112-112.3, 112.5-112.7, 113.7-113.9.

Up Move:
If 105.3/105 holds support we will see 106.1-106.2-106.4-106.5-106.7-106.8-106.9+++.

Down Move:
If down move continues, we will see 105-104.7-104.5-104.2-103.9-103.6-103.3. Crude needs to break 105 for this down move.

As per my view is I expect Up move.

Weekly Update

Hi All,
Thanks for all who visiting my blog to get an idea from my technical analysis.

Will reanalyze Gold, Crude, and other commodities over the weekend and update latest by Monday Morning (IST).
Will be analysing MCX, NYMEX and Crude.

Thanks for visiting my site friends. Keep visiting my blog, regularly for daily updates.

mcx raj.

Nifty View

I expect NIFTY to go up targeting 7585, 7612. CMP 7518, SL 7500/7480 strict.

Today's Calls 27-June-2014

Buy Copper between 416-417, SL 415/414.5, TGT: 422, 426.[cancelled]
Risky Sell Copper CMP 420.4, SL 423, TGT: 418, 417, 416.

POSITIONAL: Buy Crude Advanced Call: Buy Crude between 6350-6370, Strict SL 6330, TGT 6410, 6440, 6475, 6500, 6550+.
6410 done.


Scalping Call: Sell Crude if you get between 6380-6390, SL 6401. TGT 6367, 6355-6350. (Call closed at 6381 1 pt loss)

Buy Gold between 27585-27625 if you get, Strict SL 27470, TGTs: 27790, 27950, 28083, 28200.
COMEX GOLD: Best Buy Entry: 1314-1308, SL 1305/1300. Targets: 1322, 1332.

Small Call: Buy Crude CMP 6389/90, SL 6360, TGT 6410, 6420-6425.
6410 done.



I expect copper to move down. Already gave sell call and ADVANCED BUY CALL, NOT YET TRIGGERED.Now CANCELLED ADVANCED BUY. Only sell is active from 420.40 with SL 423. TGTs, 418, 417, 416-415, 412-411, 409-408,  406-405.. Positional Call. New entries can GO FOR NEXT CONTRACT - match these prices with present contract AND ENTER. Good Luck!!! Those who already in sell can book whenever you are comfortable.

NYMEX Crude Positional View 27-June-2014

As per my analysis, If 105 holds support, we can buy on dip.

Buy Crude between 105.50-105.20 or at CMP 105.65.
Stop Loss 105/104.85.
Targets: 105.95-106.05, 106.35, 105.55, 106.65, 106.9

107.5-106.7, 108, 109, 111.5-112

SPOT GOLD Positional View 27-June-2014

SPOT GOLD Positional View 27-June-2014
As long as 1305 holds support, I expect upmove in Gold.

Best Buy entry is between 1311-108. SL 1305/1300.
Targets: 1321-1322, 1325-1326, 1330-1331, 1345-1350, 1355-1357, 1372, 1385.
CMP: 1316.

For any buy, strict SL 1305/1300.

MCX Gold, Crude Views 27-June-2014

MCX CRUDE:

If 6348, 6318 holds support, we will see 6440, 6499, 6566, 6635. Now for any buy strict stop loss is 6340/6310.For otherTargets check my positional Views.

Buy on Dips
Strict Stop Loss: 6340/6310. Targets: 6440, 6499, 6566, 6635.

 MCX GOLD:

If 27490 holds support, we will see 27748, 27820-26, 27865, 27903, 28160. For positional targets check my positional views.

 Buy on Dips.
Strict Stop loss for any buy is 27470/27420. Targets: 27748, 27820-26, 27865, 27903, 28160.

Today's Calls 26-June-2014

Sell crude cmp 6442, SL 6480, TGTs 6400, 6375, 6320, 6290.

Sell gold cmp 27670 or sell on rise , SL 27830. TGTs 27654, 27585, 27490, 27460.

If 27870, 27820 restricts, we may see 27654, 27585, 27490, 27460.  - See more at: http://freetradingcallss.blogspot.in/#sthash.AZIYhZTg.dpuf

27654, 27585, 27490, 27460.

27654, 27585, 27490, 27460.

27654, 27585, 27490, 27460.

27654, 27585, 27490, 27460.

27654, 27585, 27490, 27460.

SPOT Gold, MCX Gold View 26-June-2014

SPOT:
Now SPOT Gold targets: 1314, 1312, 1309. If 1308 supports, and any reversal will take Gold to 1325, 1336 soon.

Yesterdays buy call from 1312.1 with SL 1305, made high of 1325, but my target was 1326.

MCX:
As long as 27400 supports, I expect mcx gold to move on the upside. Targets, please check my positional view of Gold. 

If 27870, 27820 restricts, we may see 27654, 27585, 27490, 27460. 

Crude View (NYMEX, MCX) - 26-June-2014.

NYMEX
If 106.84 restricts, I expect down move. Down move targets: 106.05, 105.5, 105.25, 105.11, 104.5.
Resistances: 106.84, 107.45, 107.7.
If crude breaks the above levels, we will soon see 108, 109, 110, 112.

MCX
If 6472, 6499 restricts, we will see 6375, 6320, 6290 in crude.
Resistances: 6472, 6499.
If crude breaks the above levels, then big upmove will happen, targets: 6587, 6607, 6650, 6795.

25-June-2014 Calls

Strategt Test Calls:
Buy crude with sl 106.60, tgt 107.4 107.69 108+. CMP 106.70. SL Hit.
Buy Gold at 1312.10, SL 1305, TGT 1326, 1336.
Both Calls Activated. Let us wait and check.

Buy Crude at 6427, SL 6415, TGT 450, 560, 476, 505+.. 450 achieved.

Buy Crude with SL 106, TGT 107.4, 108+. CMP 106.50.


Buy Crude again between 6442-6425, SL 6415, TGT 6454, 6467, 6475, 6488, 6498
Buy another lot at 6426 with Saml SL, Same TGTs. Call Activated.

Today's calls
Breakout Sell Crude 405, TGT 10-20pts minimum.
sell crude between 394-404, SL 6425, TGT 377, 370, 320.
sell between 6420-6430, SL6460, TGT 6375, 6320.

Sell NYMEX Crude between 106.30-106.60, SL 106.70, TGT: 105.50, 105.30

Intraday test calls

1. Buy Crude cmp 6380, SL 6370, TGT 6404, 6422, 6437. If crude goes blow 6374, call will be closed.
2. Buy again at 6379 with SL 6370. TGT 6400, other targets of the above call.
Both Buys closed at 6374. BOTH SL AND TGT HIT.

Scalping Calls:
Scalping Test: Sell CMP 6396. SL 6400. TGT: 93, 89, 86, 84, 82, 80, 75. Any reversal, first tgt is 98. SL Hit.

 Buy Alum CMP 110.80, SL 110.65, TGT 111.10. TGT Achieved.

NIFTY

If 7720 restricts, we may see 7470, 7300, 7000 again. But if it breaks 7720, upmove. Now I expect upmove 7579, 7600, 7615-7620 with base support at 7460.

Spot GOLD Long Term Positional View 24-June-2014

If 1320, 1322 resists, we may see 1310, 1304, 1298, 1291, 1286, 1282. I expect reversal from 1290-1270 levels. Key support now is at 1258/1240. But if gold breaks 1322 level, then up move will be in place.

Any reversal from these levels, I expect 1321 first. My upside targets are: 1327, 1336-1339, 1358, 1387.

Long Term Positional Targets: 1431, 1513, 1585...

USDINR Positional View 24-June-2014

LEVELS TO WATCH 59.78/61.19.

UP MOVE:
If 59.78, 58.34 holds support, we will see 60.79, 61.07, 61.71, 62.28, 63.52 in the near future.

CMP 60.23.

DOWN MOVE:
If 61.19 restricts,  we may see 58.34, 57.91, 56.36, 56.

NYMEX Crude Positional View 24-June-2014

If NYMEX Crude 105.11 holds support, we will see up move. Targets: 108, 108.80, 109.7, 111. Immediate targets are 107.4, 107.65.

This view is valid as long as 105.11 holds support.

INTRADAY CALL:
BUY between 105.50-105.25, Strict SL 105, TGT: 106, 106.5. CMP 105.65.

Crude View based on 1H

I expect crude down move targetting 6422, 6409, 6387, 6374, 6371. But, I expect small upmove and the retracements are: 6440, 6451, 6460, 6469, 6476. Sell on rise advised with SL 6505.

Intraday Calls 23-June-2014

Advanced Call: Buy Crude between 6423-6444, SL 6390. TGT 6500. Call will be closed at the entry 6444.

Sell Alum with Strict SL 112.35, TGT 111.3, 110.5. CMP 112. SL HIT.

If   alum goes above 112.3, close sell and BUY. 1st tgt 112.9.

Positional: Buy July Contract NG  between 273-275, SL 272/271.5. TGT 288, 295++.
1 lot Buy entered at 275. This call cancelled. closed at entry. Waiting for new entry.

MCX Gold View 22-June-2014

If 27468 holds support
Upside Targets are:
27823, 27979,28118, 28295, 28810, 29103
28037, 28391, 28963
Other targets check my chart.

Buy can be initiated at CMP 27650 or between 27600-27500 with Strict Stop Loss 27420. Don't hold if SL hits.
Check my previous analysis for Positional targets.

Positional supports are at: 25755, 24831.

Previous Analyses:
http://freetradingcallss.blogspot.in/2014/06/gold-view-13-june-2014.html
http://freetradingcallss.blogspot.in/2014/06/positoinal-view-of-gold-11-06-2014.html

Gold View Update Spot & MCX

Gold View 13-June-2014

As per my analysis, if 25755 holds support, we may see 26932, 27660 positionally. The main trend of Gold is Down as per my analysis. This up move is just a retracement. This view will be correct if and if only 25755 holds support.
http://freetradingcallss.blogspot.in/2014/06/gold-view-13-june-2014.html

Positoinal View of Gold 11-06-2014

My first analysis on Gold:
This is my 1st analysis on Gold. I expect upmove on Gold.

CMP 26170. SL 25900. TGTs 27197, 28086, 28698, 29415, 30495.
Intraday 1st tgt 26205.
http://freetradingcallss.blogspot.in/2014/06/positoinal-view-of-gold-11-06-2014.html

SPOT GOLD view 16-6-2014

As per my technical analysis,
Supports for Gold are: 1245.68, 1240.22, 1182.46, 1180.16.
Positional Targets: 1514.60, 1589.86

Now I expect a retracement. Retracement levels are: 1275.61, 1269.86, 1265.22, 1260.67, 1257.14, 1245.63. Any reversal from these levels, my 1st tgt is 1284.81.
Sell SL: 1285.
Buy SL: 1245.
Positional Buy Stop Loss: 1240/1235. This buy call is valid as long as these levels supports.

Best sell entry: 1277-81. Note: This is retracement call and risky. This will be in place as long as 1285 holds resistance. Above 1285 buy.

My Sell Target is 1265.88-1267 with SL 1285. Gold Achieved 1265.8
I expect gold to reach 1284 before any move below 1245.
 http://freetradingcallss.blogspot.in/2014/06/comex-gold-view-16-6-2014.html

Risky Calls Base Metals

Lead
Sell on rise between 126.2-127.75, SL 128, TGT: 125.5, 124.8, 124.4, [124], 123.5

Zinc
Sell on rise between 127.9-128.6, SL 129.1, TGT: 127.2, [126], 126.6, 125.7, 125.9

Strict Stop Loss, Don't hold if SL hits.

Blog Update

Since, I am out of station, the blog will be updated from Monday (30-June-2014). Until then you can trade based on my previous analysis or can wait for my next update.

Take care friends!!!

Positional Calls Update

NYMEX Crude

14-05-2014 09:27: Targets for BULLS. ie., 100.4, 101, 101.4, 102.18, 102.65, 103.35, 103.93, (Achieved) 104.98, 105.21, 110.50, 112.09, 129.48, 132.49.

MCX Crude

12-05-2014 10:00 and 14-05-2014 05:16: If 5973, 5962, 5933 holds support, up move is in track. Upside targets would be 6194-6202, 6227-6241, 6335-6339, 6414, 6549. Immediate upside target would be 6093-6105.There may be pull backs. NOW as long as 5930 holds support, buy on dips is the strategy. I am in buy from 5978.

http://freetradingcallss.blogspot.in/2014/06/crude-positional-call-given-on.html

MCX Natural Gas

27 May 2014

If 253.40, 254.10 holds support we can see NG upside move. Targets: 262, 263.21, 268.7, 272.43, 278.16, 281.74, 286.86, 293.45.

Now, the entry should be on pull back towards 255-258 with strict SL 253.

http://freetradingcallss.blogspot.in/2014/05/ng-positional-view.html

USDINR

4 June 2014

If 61.19, 63.88 resists, we can see down move. Downside targets are: 57.73, 56.60, 56.08, 53.76.

Based on this view, currently wave b correction is in place, if 58.34 holds support, we will see 59.43, 59.76, 60.35 and max 61.19.

It should not go above to 61.19. If it crosses 61.19, then next resistance is 63.88.

http://freetradingcallss.blogspot.in/2014/06/usd-inr-view-4-june-2014.html

MCX Nickel

8 June 2014

I expect Nickel to move down upto 1080-1045. And from there I expect a strong reversal, which targets minimum 1280. Next targets on the upside are: 1327, 1500+. Stop loss can be determined once the reversal starts.

http://freetradingcallss.blogspot.in/2014/06/nickel-08-june-2014.html

MCX Gold

 Gold View 13-June-2014

As per my analysis, if 25755 holds support, we may see 26932, 27660 positionally. The main trend of Gold is Down as per my analysis. This up move is just a retracement. This view will be correct if and if only 25755 holds support.

 http://freetradingcallss.blogspot.in/2014/06/gold-view-13-june-2014.html

Intraday Calls 17-06-2014

Buy Crude 6420-6430, SL 6410, TGT 6455-70, Refer positional calls for other targets. CMP 6427. SL Hit.

Positional View

Hi All,
I am reanalysing all my charts. Will be updating soon.

SPOT GOLD view 16-6-2014

As per my technical analysis,
Supports for Gold are: 1245.68, 1240.22, 1182.46, 1180.16.
Positional Targets: 1514.60, 1589.86

Now I expect a retracement. Retracement levels are: 1275.61, 1269.86, 1265.22, 1260.67, 1257.14, 1245.63. Any reversal from these levels, my 1st tgt is 1284.81.
Sell SL: 1285.
Buy SL: 1245.
Positional Buy Stop Loss: 1240/1235. This buy call is valid as long as these levels supports.

Best sell entry: 1277-81. Note: This is retracement call and risky. This will be in place as long as 1285 holds resistance. Above 1285 buy.

My Sell Target is 1265.88-1267 with SL 1285. Gold Achieved 1265.8
I expect gold to reach 1284 before any move below 1245.

Let us see how this is going to progress. As long as 1245 holds support, calls will be generated based on these charts.

Intraday Calls 16-June-2014

Sell Crude, CMP: 6446-6460  SL: 6475. TGT: 6435-6426, 6410-6397.
Modify SL to 450 Now. 4:06 PM.
Done 6435 and made low 6427.
Made low 6369

MCX Crude Analysis for 16-June-2014

I expect Crude to move upside as long as 6333, 6357 holds support. If these levels broken, we may see down move. If these levels suppport, upside targets are: 6550/6574. Based on the daily chart, my targets on the upside are: 6590, 6712, 6962, 7111.

For further upside, crude needs to break 6414, 6549.

This view is valid as long as 6357, 6333 holds support. If down move happens, will update my view later.

Supports: 6357, 6333
Upside Targets: 6458, 6590, 6712, 6962, 7111.

NOTE: Level to watch 6333 (2008-07-15 resistance) which I expect to act as as support now.

USDINR View Update

Have done USDINR analysis on 4th June, 2014, based on 1Hr chart.  You can check the chart using the below link.

It has done exactly, as per my analysis.
Made the down move and achieved 58.99 (61.8% retracement). Reversed  from there and now it is trading at 59.64, made high of 59.72.
My tgt is 59.75, it made high 59.72 as of now.

Analysis Chart:

Post:
http://freetradingcallss.blogspot.in/2014/06/usd-inr-view-4-june-2014.html


Present Chart:

Positional Calls in Base Metals 13-06-2014

Buy at the below levels if you get. Stop Loss is strict. Never hold when stop loss hit.

Alum between 107.9-107.5, SL 106.8
New entry 108 - 107.55
Nickel between 1068-1057, SL 1040
zinc between 123-122.5, SL 122
Lead between 122.50-122, SL 121.5

Targets will update later.

Gold View 13-June-2014

As per my analysis, if 25755 holds support, we may see 26932, 27660 positionally. The main trend of Gold is Down as per my analysis. This up move is just a retracement. This view will be correct if and if only 25755 holds support.

Let us wait and watch, whether this view is correct or not.

Risky Sell Crude

Sell Crude between 6292-6305, SL 6312, TGT 6265, 6240-6230. Strict SL, Don't hold if SL hits.
Crude achieved 6265.

CRUDE POSITIONAL CALL Given on investing.com 14-05-2014

14-05-2014 09:27: Targets for BULLS. ie., 100.4, 101, 101.4, 102.18, 102.65, 103.35, 103.93, (Achieved) 104.98, 105.21, 110.50, 112.09, 129.48, 132.49. NO NEW ENTRIES FROM MY AS OF NOW. Will give if I get any sure entry. My call is long from 99.97.

12-05-2014 10:00 and 14-05-2014 05:16: If 5973, 5962, 5933 holds support, up move is in track. Upside targets would be 6194-6202, 6227-6241, 6335-6339, 6414, 6549. Immediate upside target would be 6093-6105. There may be pull backs. NOW as long as 5930 holds support, buy on dips is the strategy. I am in buy from 5978. NO NEW ENTRIES FROM MY SIDE. If I get any confirmed entry, will give it here.

investing.com profile

Advanced Positional Calls 12-June-2014

THESE ARE NOT CALLS, JUST AN ADVANCED VIEW.
Advanced buy levels for positional calls.

Buy Lead  between 124-123.40, SL 122.45, TGT 126.5, 129.
Buy Zinc between 123.6-122.5, SL 121.75, TGT 126.4, 129, 130.
Buy Nickel between 1070-1000, SL 930, TGT 1280, 1450.
Nickel Positoinal view given on 8th June

Buy Alum Need to Wait.

Actual calls will be given later. These are advanced expectation of trend reversal.
If these stop losses crossed, then down trend and can go for sell
But entry levels, sl, tgt will be decided after the breakout only.

Intraday Calls 12-June-2014

Do only in mini.. If sl hit means, my wave count in analysis is wrong. so never hold if sl hits.

Today's strategy is SELL ON RISE.
Strategy Testing Calls:
Sell Lead between 125.30-125.70, SL 126.2, TGT 124.4, 123.7-123.5
Sell Zinc between 125.50 - 125.85, SL 126.30, TGT 124.6, 123.7-123.5



CALL CANCELLED. But lead hit target.
Sell Lead with SL 125.1, TGT 123.7-.5, CMP 124.75.
Sell Zinc with SL 125.6, TGT 123.7-.5, CMP 125.2.
First targets: lead - 124.4, zinc - 124.6

Crude View 12-June-2014

Crude:
If 6163 holds support, minimum upside target is: 6224-6227. For further upside move, crude needs to break 6227 level. If it is broken, then next targets are: 6235, 6244, 6270, 6295.

Now the breakout levels are: 6224(up), 6163(down).


Let us wait and watch how crude progresses.

Crude New Test Call

Buy Level 1 Crude CMP 6195, SL: 6160, TGT 6224, 6240. 6300+
Level 2 Buy between 6170-6180, SL and TGT same.

Positoinal View of Gold 11-06-2014

My first analysis on Gold:
This is my 1st analysis on Gold. I expect upmove on Gold.

CMP 26170. SL 25900. TGTs 27197, 28086, 28698, 29415, 30495.
Intraday 1st tgt 26205.

Intraday Calls 11-6-2014

Buy NG at 269.50-70, TGT 270.6, SL 268.5.
Update: 12:15pm: Target Achieved.
Buy Alum at CMP: 110.4/110.5, Strict SL: 110.2, TGT 110.90, 111.2, 111.5, 111.9. SL HIT.

Positoinal NG - Natural Gas View 11-June-2014

Positional Natural Gas View 11-June-2014

NG VIEW FAILED. RETRACEMENT IS NOT YET COMPLETED. NEED TO WAIT FOR THE COMPLETION. BUT SL 268 WAS NOT TAKEN OUT YET.

Expecting down move targets 267.5, 265.5, 264.3.


As per my analysis, wave 2 correction in NG completed at 268.80.

Trade Idea:
CMP 269.30.
Buy with STRICT SL 268.50/268. Targets:
288, 310, 328.
280, 297.

Minor/Major Target Levels: 280, 284, 288, 293, 297, 310,  317, 328.


This is positional View, intraday, short term calls will be generated from this positional view.
This view is valid as long as, 254.10, 253.40 holds supports.


If down move continues, retracement levels are: 267, 264, 261, 254.50.

Previous Positional View Posted on 27-May-2014

NYMEX Crude View 11-06-2014

Hi All,
I expect NYMEX crude up move today.
CMP: 104.36, Strict SL: 103.90, TGT: 105.05, 106.10. For further targets can be determined as the market moves.

MCX Crude View 11-June-2014

Good Morning To All!!!
Premarket Analysis of Crude:

If ABC correction of wave 4 completed, then we can see upmove. If C of Wave 4 not completed, then we can see some down move targeting 6163 - 6140. if this happens, best buy level is around 6154.

Wave C of Wave 4 can be confirmed, if price reaches 6181 and above. If so, we can initiate buys between 6170-6180 with Strict SL 6160/6155.
If correction is over, then targets from 6163 are: 6227, 6246, 6280-6295. For any buy of this view, SL should be 6160/6155. Safe SL would be 6140. Will update on SL after the market opens.

If correction is not over we can see down move towards 6150-6160. Let us see, how this unfolds.

 

NOTE: After the completion of the 5th wave, there will be a ABC Correction which will be big, will update exact entry, sl and tgt later.

Intraday Calls 10-June-2014

Buy nickel between 1113-1105, SL 1095, TGT 1130-1140. CMP 1120.70. BUY CANCELLED EXPECTING MORE DOWN TOWARDS 1088. CMP 1107.30

Test Call (Strategy Test): Sell NG at CMP 274.60, Strict SL 277.1, TGT 272-273. Minimum target 273 Achieved.

Risky Buy Alum at 111.55-45, SL 111.30, TGT 111.95, 112.15-30.

MCX/NYMEX Crude View 10-04-2014

MCX Crude

Update: 10-June-2014: 10:25pm
Crude crossed 6198. Now my next target is 6339-6347. I expect some retracement before reaching this target. New entries can be made on the retracement levels.

Crude Premarket Strategy:
If crude completed its upmove at 6189, then we can see some down move as a retracement. Completion of wave is not yet confirmed. Confirmation will be after the market opens.

If we consider 6189 as the completion, then the retracement levels are:
6154, 6132, 6114, 6096, 6083(level to watch if we get), 6039 (100%).
Now the supports are: 6039, 6013, 5956. If these supports broken, down move.

Note: This analysis is based on  smaller timeframes 15min, 1H charts. In higher timeframe the view may change and wave count also may change.

Whatever it may be as long as my support levels hold, my upside targets are: 6198, 6347. New entries can be initiated only after the retracement.

MCX Crude Positional View 1
MCX Crude Positional View 2

NYMEX Crude:

1st resistance of 104.50 broken. Now a break of 104.98/99 and 105.15/20 will take crude to the new highs, else we may see some retracements.

But I expect a more upside. For targets you can check my NYMEX Upmove chart. 
NYMEX Crude Positional View

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Simple excel formulas for finding technical levels in trading.

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Crude 08-June-2014

CRUDE Update:
Based on 30min chart, Breakout above 6086-88 will take crude towards 6114, 6131 levels.

 

 Down Move
If Crude resisted by 6086, 6159, we can expect downside move. Targets are: 6055, 6014, 5967-5957. For any further down move, crude needs to break 5930 levels. If it breaks 5930 levels we can see 5825, 5750.

Resistances: 6159, 6198, 6339.
Supports: 6000, 5930.

Now I expect crude to move upside, targeting 6105, 6120-6130.

Nickel 08-June-2014

I expect Nickel to move down upto 1080-1045. And from there I expect a strong reversal, which targets minimum 1280. Next targets on the upside are: 1327, 1500+. Stop loss can be determined once the reversal starts.

CMP 1107.60.
For any sell strict SL should be 1145/1160.

Gave retracement level 1099, Made Low 1100.90. Now I expect Nickel to move up towards 1130-1140. from this moves high, I expect Nickel move towards 1080-1045. Let us see how this progresses.

Aluminium 08-June-2014

Based on the daily chart analysis, I expect aluminium to move upside max towards 114.00.

Upside:
If aluminium breaks 110.30, next immedidate target is 111.2, 112, 113, 115. For further upside movement, aluminium needs to break 114.

Downside:
If 110.30 resists, we could see price retracement towards 109.20, 108.40, 108. If it breaks 107.6 level, we can see 106.70 on the downside.

Further levles will be updated based on the market movement in the coming days.

1ST TARGET 111.2 DONE.

Aluminium Analysis 6-June-2014

Aluminium Analysis Based on Hourly Chart
If 109.7 restricts we can see retracements. Retracement levels are: 107.70, 106.5, 104.5, 103.8. Inner levels can be seen in the chart.

This view is only valid until aluminum breaks 109.7/110 levels. Any any Sell Strict SL should be 110.30.

View for 6-June-2014

I expect Crude to move upside today. As per my view it can go upto 6110/6120. Now the support is at 6010, 5975. Since, crude is trading in the middle we need to wait for the exact entry.
Now 6079 breakout needed for Crude to move upside. If it breaks, we can get minimum 10-20pts easily and it can move upside above 6100.

Natural Gas View - 5-June-2014

Natural Gas View as on 5-June-2014.
I expect strong uptrend in NG, and my targets are: 284, 287.
Supports are: 274, 272, 266, Base supports are254, 253.

Positional View Given on 27-May-2014
http://freetradingcallss.blogspot.in/2014/05/ng-positional-view.html

Intrday Calls 5-June-2014

Test Calls.

Buy Crude cmp 6073, SL 6050, TGT 6104, 6139, 6154, 6175 - SL HIT.
Sell NG cmp 276.8, SL 278, TGT 273, 269 - Sell Failed. Made nearly 100% retracement and low was 272.2. Sell 1st target achieved but before that SL hit.
Buy Alum cmp 108.1, SL 107.5, TGT 108.65/109/109.3 - Target Achieved.


Sell Alum at 109.1-109.30, SL 109.80, TGT 107.60, 106.30. Entered at 109.1.

Intraday Calls 5-June-2014 - PreMarket

Premarket Strategy 5-June-2014

Natural Gas:
If 277.5 resists, we may see 273, 269.

Crude:
We may see some down fall towards 6085. If that happens, we can buy with stoploss 6055, targets: 6100, 6139, 6154, 6175.

Aluminium:
Support: 107.50 Resistance: 109.80.
Trade Idea:
Buy between: 108.10 - 107.9, SL 107.5, Target: 108.65/109/109.3
Sell between 109.00-109.3, SL 109.8, Target: 107.6, 106.9, 106.30

Copper:
If and if only 405 supports, we may see a big rally.
Support: 405
Risky trade: Buy between 406-406.5, SL 404.5, Target: 407.6, 408.8.
If 405 holds support, positional target are: 415, 418, 422 and above.

NYMEX Crude 5-June-2014

I expect upside move (103.60, 103.79) if 102.10 holds support. CMP 102.20.

Resistance: 104.50
Support: 102.10

After this upside move, I expect a big fall. My targets on the downside: 102.10, 101.56, 101.21, 100.93, 100.65.

Let us See how this is going to be unfold.

Crude Positional Up/Down Moves 4-June-2014

Today I've analysed Crude for possible Up and Down Moves for Positional Trades. This is LONG TERM View.

These are not calls, Views. From this view all calls will be generated. So, don't take this as a call.

Up Move:

For all Longs, stop loss is 5930/5900.
Targets: 6198, 6332, 6547, 6705.

Down Move:

For all Shorts, stop loss is 6200/6210.
Targets: 6060, 5930, 5816, 5590.

This is just my analysis based on my knowledge in Elliott Waves. Trading/learning from this is up to you. Your Money. You take the risk.