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.
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.
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.
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.
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.
