Thursday 31 July 2014

USDINR Analysis 31-July-2014

As per my analysis, I expect USDINR to move on the upside positionally.

Based on Daily Chart: 60.49(done made high 60.50), 60.99, 61.30, 61.81.



Based on Hourly Chart: 60.41 (done), 60.63, 60.77, 60.99.






WILL UPDATE WAVE 4 CORRECTION WAVE CHART LATER.

Today's Calls 31-July-2014

12:47PM
Sell Alum CMP 121.70, SL 122.10, TGT 121.20, 120.9, 120.7


Copper Positional Target 438, 442, 444. supports 427.5, 424.7. CMP 433.30. Buy on Dips with SL 427.5/424/5.

Sell Crude at CMP 6072, SL 6091, TGT 6050, 6020, 6003. Call Activated.

Wednesday 30 July 2014

Today's Calls 30-July-2014

Based on Smaller Timeframes.

Sell on rise with sl 106/110, tgt 6090-6085. Sell entered at 6102. SL Hit, now Buy Active at 106.

Buy between 6070-6080, SL 6065/6060. tgt 6105, 6122, 6146. (Entry Not met.)

If crude goes above 6105, before it goes below 6095, then buy at 6106, sl 6090, tgt 6118, 6128. 


30-07-2014 07:27
Jul 29, 2014 11:36PM GMT I expect 101.25, 101.6-101.75. Reached 101.25. CMP was101.02

2:06PM
Risky Sell Alum at 119, Strict  SL 119.2/119.6, TGT 118.3, 117.9. Risky Sell SL Hit. Made low 118.50.


3:37PM
Sell Crude on rise 6110-6120, or at CMP 6104, Strict SL 6135, TGTs 6080, 6060, 6040, 6020. Above 6131, Crude Bullish.
CRUDE SELL entered at 6112.

NIFTY View 30-July-2014

As per my Analysis, I expect Nifty to go up further towards 7900.
But if it crosses, 7718/7700, we will see 7560, 7390.
As long as 7718 holds support we will see up move only. If up move happens, then after this up move there will be big fall.

As long as 7718 holds support, buy on dips is the strategy.






CMP 7736.

Tuesday 29 July 2014

Today's Calls 29-July-2014

Buy NYMEX Crude at CMP 101.46, Strict SL 101.25, TGT 102, 102.5 and refer previous posts for other targets.

MCX Crude Positional View 29-July-2014

Sell Crude between 6140-6145 SL 6150, TGTs: 6132, 6122, 6110, 6102-6095. TGTs Done before entry.

POSITIONAL Buy Crude between 6115-6100 if you get with SL 6080, TGT 6146, 6170, 6225, 6273, 6380, 6450, 6499, 6549 6756.

OR Buy above 6150, for this breakout, will let you know the SL later.

Don't hold if SL hit.

Will post my chart soon.

SL HIT.

Positional COMEX Gold View 29-July-2014

CMP 1304.87

Based on 1H analysis, I expect Gold to move down towards 1288-1286 minimum if restricted by 1310, 1325.



Gold has done 61.8% retracement already. As a Wave C targets I expect 1288, 1280, 1272, 1260.
Any reversal from these I expect 1345 first.


Positionally, I am bullish and my targets are:



1345, 1365-1377-1387, 1400, 14303-1450-1465, 1485-1493-1515.

Positional View of NYMEX Crude 29-July-2014

Based on 1H Chart

Positionally, I expect crude to move up. Crude almost done 61.8%(100.88) retracement.

Next retracement levels are: 100.45, 100.06 99(100%).
Reversal from any of these levels, I expect big up move.

My upside targets are: 103.8, 105, 105.7, 106.8.

First I would like to see 102, 102.5, 103.3. Break of these levels necessary for crude's up move.




Supports: 101.85, 99.
Resistances: 102, 102.5, 103.3, 103.9.

Let us wait n see, how market moves.

Positional Strict SL 98.95. Below 98.95 big fall expected.
TGT: 102, 102.5, 103.3, 103.8, 105, 105.7, 106.8.

Waiting for a good entry, and reversal confirmation.

Monday 28 July 2014

Todays calls 28-July-2014

Sell crude between 6140-6150, sl 6162/65 strict. Tgt 114, 97. Call activated.
Buy Crude between 6100-6090, SL 6080/6070, TGT 6146, 6190, 6210, 6270+++.  Below 6080 crude weak. Sell n book 10-20-50pts.

NYMEX/MCX Crude View 28-July-2014


NYMEX Crude
NYMEX CRUDE SL HIT. BUT STILL I AM BULLISH.  WILL ANALYSE AND POST THE CHARTS SOON.


CMP 101.70.

As per my analysis, I expect big up spike in Crude, if it is supported by 101, 99.

Buy crude between 101.45-101.20, with strict SL 100.95 strict. Below 101, crude weak.

Upside targets: 102.5, 103, 103.8, 104.5, 105.2, 106.7. (Crude needs to break 103.9/104.5 levels for further upside.)

Supports: 101, 99.
Resistances: 102.55, 103.9, 104.5, 105.2.


MCX Crude:
If MCX crude supported by 5968/5933, I expect to move supside towards 6499+.


 CMP 6146.

Buy on Dips is the strategy with positional stop loss 5960/5930.

Thursday 24 July 2014

Lead, Alum Positional Analysis 24-July-2014

If Alum restricted by 122.80, we may see 119.80, 118.7, 117.9. Sell at 122, SL 122.9.



If Lead restricted by 133.85, we may see 130.60, 129.4, 128.6. Sell at 133.3, SL 134. SL HIT.








Today's Calls 24-July-2014

Risky Call, Buy Crude CMP 6192, SL 6179, TGT 215, 239, 255 . Call Closed at 6199.
Below 180, crude weak, and we can see 160, 130.
Sellers stop loss 6217
Buyers stop loss 6179.
Just My Veiw. Enjoy Friends.


Sell Crude at cmp 6199, SL 6217, TGT 6180, 6160, 6140.



Sell Alum between 122-122.50 if you get, Strict SL 122.90, TGT 121, 120, 119.7, 119.2, 118.7, 118. Call Actiavted at 122.

COMEX Gold/Spot Gold View 24-July-2014

Positionally, I expect down move as long as 1345/46 resitricts. But now I expect a up move and then a down move.



If Gold supported by 1301, we will see 1315, 1324, 1331, 1336. Buy Gold at CMP, Strict SL 1301.

Reversal from any of these levels, my 1st target is 1292 and other targets are: 1282, 1272, 1265.


Buyers Stop loss 1301 (as per my chart low is 1301.70).
Sellers Stop loss 1346. (as per my chart high is 1345.10).

SL must be calculated as per your chart and it must be above/below of  50 cents/1$.

Wednesday 23 July 2014

Gold Positional View 23-July-2014

Gold Positional View: If crude restricted by 28217/28398/28589, We may see 27812, 27738, 27659, 27583, 27563, 27442, 27408, 27200, 26958. For All Sell Strict Stop Loss must be 28410.


Today's Calls 23-July-2014

Jul 22, 2014 11:59PM GMT RISKY CALL: Buy crude CMP 101.86. 101.45, SL 101.77/101.45, TGT 102, 102.5, 103, 103.5... If SL SAFE.

Sell Lead Between 133.5-133.70, SL 133.95, TGT: 132, 131.3, 131. 132 achieved before entry.
Sell Alum 122.30-122.70, SL 122.90, TGT: 121.65, 120.9-120.5.
Small Call: Sell Crude cmp 6162, SL 6171, TGT 156, 148, 139.

Risky Call: Buy Crude between 6178-6170 if you get, SL 6165, TGT 6186-189, 6195-200.
SL 6148, TGT 6220-230, 6240-254.

6:09 PM Buy Crude at cmp 6165, SL 6145, TGT 197, 225, 245.

Tuesday 22 July 2014

Today's Calls 22-July-2014

5:04 PM
Risky Sell: only for risk takers: Crude between 6238-6245, SL 6256, TGT 6226, 6210, 6197, 6170.  Just my View. Call Actiavted.

1:34 PM
Sell Crude at CMP 103.2, SL 103.4, TGT 103, 102.89-102.7, 102.5.

NYMEX Crude Positional View 22-July-2014

Based on my Analysis,
If Crude Supported By 101.48, I expect upmove towards 104, 105, 105.7, 106.9+++. First I would like to see 103.89.

If 103.89/103 restricts and if correction is not over, I expect 101.50, 100.91, 100 on the downside.

Supports: 99, 101.48
Resistances: 104, 103.


NYMEX View 22-July-2014

Crude above 103, I expect 103.3, 103.5, 103.8. Above 104, Bullish.

Monday 21 July 2014

Crude Positional Chart 21-July-2014

Positional Call: BUY CRUDE AUG - Entry and exit will be given tomorrow.

Based on July Contract SL 6170, TGT 6267, 6333, 6377, 6447, 6449, 6549+.

Today's Calls 21-July-2014

21-07-2014 02:33
Risky buy crude 101.79, sl 101.59, tgt, 102.05, 102.70, 103.7. If SL safe.

Buy Crude CMP 6190, SL 6185, TGt 6204, 6210.

NEW SITE LAUNCHED

DEAR FRIENDS,


HAVE LAUNCHED NEW WEBSITE 



From today you can get updates from the above website. To visit please click on the link.

Friday 18 July 2014

Crude Call 18-July-2014

Buy Crude between 6213-6205, SL 190, TGT 229, 237, 241, 249.
Sell Crude between 238-250, SL 267, TGT 197, 181, 172, 156.

Copper Call Update

Call Given on 11th July 2014

Resistances: 437.80/438.2. Down side targets: 435.5, 434.2, 433.6  431, 428-427-425, 423-421
Sell on rise with SL 438.5/439. or at CMP 436. Call Activated.

http://freetradingcallss.blogspot.in/2014/07/todays-calls-11-07-2014.html
Resistances: 437.80/438.2. Down side targets: 435.5, 434.2, 433.6  431, 428-427-425, 423-421
Sell on rise with SL 438.5/439. or at CMP 436. Call Activated. - See more at: http://freetradingcallss.blogspot.in/#sthash.kjkRh2uG.dpuf

Today's View 18-July-2014

Investing.com:
18-07-2014 04:24
As per my analysis, If crude restricted by 104, retracement levels are: 102.75, 102.05, 101.46, 100.89, 100.46, 99(100%). But crude done 1st level already (102.75). Now I expect a up move and then down move towards 101.9. Let us wait and see. Any reversal from these levels my 1st target is 103.9, 104.4, 105.2, 107.67+.



I expect Crude to move upside targeting 6236, 250, 6270-2780, 6300 with base support at 6181/133.


Buy Crude CMP 6247, SL 6215, TGT 264, 277, 292, 308, 323. If SL is Safe. Or on dips at 6230.

Sell Alum CMP 119/119.1, SL 119.6/119.9, TGT 118.6, 118.3, 118.

Thursday 17 July 2014

Calls 17-July-2014

As per 1H chart crude turned into bullish trend from my view. Now I expect retracement towards 101.40-35, 101.20-101.10. From that down move I expect min upside 101.59. But if crude crosses, 101.59 before coming down, then it is next wave up, coz it already made low 101.38. Let us wait n watch.

Crude now is in complex/zigzag correction, and anyside breakout will be big.
Sellers SL 101.60/65.
Buyers SL 101.35/30.



6:16 AM
Small Call: Sell Crude between 101.50-101.55, SL 101.65, TGT 101.38-101.35, 101.30-101.20, 101.10-101.

10:50 AM
Sell at CMP 6103, Strict SL 6113, Targets 6094, 6083, 6075, 6067

Investing.com
Jul 17, 2014 01:02AM GMT
As per 1H chart crude turned into bullish trend from my view. Now I expect retracement towards [[101.40-35]], 101.20-101.10. From that down move I expect min upside 101.59. But if crude crosses, 101.59 before coming down, then it is next wave up, coz it already made low 101.38. Let us wait n watch. Small sell can be initiated with strict sl 101.62 for the tgts given above. Cmp 101.5. Best entry .55 if U get, so risk less.

Jul 17, 2014 04:57AM GMT
As per my view, now crude is in complex/zigzag correction, and anyside breakout will be big. Sellers SL 101.60/65. Buyers SL 101.35/30. I expect down move and then a big up move. If crude goes above 101.59, I expect minimum [[102]]. These are just my views. Have given small sell in the morning. Let us see. 

Wednesday 16 July 2014

Calls 16-July-2014

5:48 PM:
Strategy Calls:
Sell Crude at cmp 100.80, SL 101.05, TGT 99.1.
Sell Crude at cmp 6064, SL 6090, TGT 5968.
DON'T TRADE THE ABOVE CALLS. CHECKING MY STRATEGY. These may/may not work. So, Don't trade, just watch.
Strategy Calls Failed.


1:48 PM
If NYMEX Crude crosses 101.25, then I expect strong uptrend. The strategy will be BUY ON DIPS.


10:07 AM:
Sell Crude CMP 6047. Strict SL 6055. TGT6039, 6022, 6015, 5991, 5968.
Above 6053, Crude Bullish. Don't hold above 6055, Strict.
SL HIT.

 2:26 PM
Buy Gold with SL 27580 Strict. CMP 27630. TGT 27750-27800, 27950, 28050. If SL Safe. 

Morning VIew 16-July-2014

If NYMEX Crude crosses 100.24, I expect a trend reversal, which will take crude to 107.5, 112+. Still I am waiting for trend confirmation. As of now the supports are: 99, 98.70. Let us see, how things going to be unfold.


Tuesday 15 July 2014

Crude Latest Update

I expect Strong Down move below 100.25/26. 6025/24.

MCX Gold View 15-July-2014

I expect Gold strong down trend.

Currently I expect an upward correction with base support at 27726.

Up Move targets: 27900-930, 28040-28060, 28130-18160, 28240-28260, 28310-28340, 28380, 28589 (100%). Above 28589 Gold is BULLISH. stop Loss: 27700.







Down Move targets: 27740-27700, 27450-27400, 27220-27180, 26900-26700.
Down move Stop loss will be calculated after the trend reversal Confirmation.

Today's Calls 15-July-2014

7:27 AM IST:
NYMEX Crude:
RISKY SELL: Sell between 101-101.10, SL 101.25, TGT 100.85 - 100.70 - 100.65. If SL is safe. Above 101.20, Crude I expect 101.40, 101.55, 101.75, 102, 102.40+.

I expect crude to move in this way:
Up Move: 101-101.10
Down Move: 100.70-100.50
Up Move: 101.20, 101.40, 101.55, 101.75, 102, 102.40+


Let us see how this progresses.

7:37 AM IST:
MCX Crude:
If Crude supported by 6026, I expect to see 6073, 6091, 6102, 6120, 6135, 6149.


10:04 AM IST:
Sell Crude CMP 6081, SL 6090, TGTs 6073, 6064, 6057, 6050 if 6088 holds.
Again Same Call activated at 11:25.

Above 6088 Buy. with SL 6070. targets above.

Monday 14 July 2014

Today's Calls 14-July-2014

9:51 AM
RISKY BUY: Buy Crude between 100.50-100.58, Strict SL 100.40, TGT 100.90-101, 101.25-101.30. Call Activated. RISKY BUY HIT SL. Need to wait.

12:06 PM
RISKY BUY AGAIN: Buy Crude at 100.49, SL 100.30, TGT 101, 102, 103, 104.4.
Risky Buy Crude at CMP 6036, SL 6020, TGT 6054, 6100, 6150, 6200+.

3rd Call
Jul 14, 2014 02:47PM GMT
Buy Crude now, cmp 100.40, SL 100.20, TGT 100.95+.
Other targets plz, check my previous call.

RISKY CALLS, ONLY FOR RISK TAKERS. TREND NOT YET CONFIRMED.

7:16 PM
Buy Crude at cmp 6050, SL 6040, TGT 6068, 6100. 

8:03 PM
Buy Crude between 6030-6035, SL 6020, TGT 6070, 6100+. Call Activated.

Friday 11 July 2014

COMEX GOLD view 11-July-2014

Based on 1H Chart, Swing Low 1240.22 and Swing High 1345.1
If Gold restricted by 1345.1, I expect Gold to make a ABC correction.
Retracement Levels: 1320.48, 1305.11, 1292.74, 1280.36, 1270.98, 1240.22(100%).

Based on my wave calculations, I expect to see minimum targets of 1327.60, 1316.78. Immediate target: 1334.27



Sell with SL 1346. for the above targets.

Today's Calls 11-07-2014

If any body wants to Sell Crude can sell at 102.90, with SL 103.05 strict for the targets 101.54, 100.97, 100.65-100.25. Given at 102.90 in investing.com.


First I would like to see 102.64-102.54.

Investing.com:
Jul 11, 2014 09:56AM GMT
These are based on lower time frames. If 102.38 supports, we will see again 102.78, 102.87.. If 103 restricts, we will see again 102.36, 102.26-102.21, 102.12-102.09, 102-101.95. For higher time frames LEVELS TO WATCH 101.55/103.

Investing.com mcx raj


Sell Crude at CMP 6188, SL 6205, TGT 175, 160, 145, 130, 6076, 6020. Call Activated at 11:10 AM

2:44 PM
Copper analysis as of now: But will be reanalysing again in the evening/tomorrow morning.

As per my present view:
Resistances: 437.80/438.2. Down side targets: 435.5, 434.2, 433.6  431, 428-427-425, 423-421
Sell on rise with SL 438.5/439. or at CMP 436. Call Activated.

Thursday 10 July 2014

Repost: COMEX / MCX Gold Positional View (24-June-2014/11-June-2014)

CMP 26170. SL 25900. TGTs 27197, 28086, 28698, 29415, 30495. - See more at: http://freetradingcallss.blogspot.in/2014/06/positoinal-view-of-gold-11-06-2014.html#sthash.niT7CgvF.dpuf
MCX
CMP 26170. SL 25900. TGTs 27197, 28086, 28698, 29415, 30495.


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


COMEX
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...
http://freetradingcallss.blogspot.in/2014/06/spot-gold-long-term-positional-view-24.html

Crude Positional View 10-July-2014

POSTED IN INVESTING.COM

11-07-2014 00:04
If crude successfully breaks 103, Positionally, I expect a long rally. Supports: 101.55, 98.74, 97.28, 91.24/Resistances:104.49, 104.98, 105.21, 107.67. --- If so, My Upside targets: 104.49-104.98-105.21, 105.80, 106.61-106.78, 107.67-107.90-107.99, 108.46, 109.08, 109.70-109.92-110.18, 110.55, 111.40, 112.02, 112.68, 113.79 and more. THIS IS JUST AN ADVANCED VIEW. WHOEVER WANT TO TAKE A NOT OF IT CAN TAKE IT. IF YOU DON'T LIKE OR DISAGREE, JUST WATCH, DON'T CRITICIZE.

11-07-2014 00:05
NOTE: This is LONG TERM POSITIONAL.

11-07-2014 02:14
On the Down Side, If Crude Restricted by 103, we may see 101.54, 100.97, 100.65-100.25. If this happens, 98.75 will be the next base support. Crude will GO UP if and if only, it breaks 103 from my view.
Crude Oil

11-07-2014 02:29
Whatever may be the down side, my up side targets are the same, AS LONG AS 98.74 holds support for LONG TERM POSITIONAL. My Strategy is Buy on DIPS. For short term trades, any sell stop loss would be 103.05, buyers stop loss is 101.50. One can try to sell at 102.90, with SL 103.05 for the targets in the previous message.

11-07-2014 02:30
Whatever may be the down side, my up side targets are the same, AS LONG AS 98.74 holds support for LONG TERM POSITIONAL. My Strategy is Buy on DIPS. For short term trades, any sell stop loss would be 103.05, buyers stop loss is 101.50. If any body wants to Sell can sell at 102.90, with SL 103.05 strict for the targets 101.54, 100.97, 100.65-100.25.


Supports: 101.60, 98.74, 97.28, 91.24.
Resistances:104.49, 104.98, 105.21, 107.67

If Crude supported by 101.60, My positional view is Up Move.

Upside targets:
104.49-104.98-105.21, 105.80, 106.61-106.78, 107.67-107.90-107.99, 108.46, 109.08, 109.70-109.92-110.18, 110.55, 111.40, 112.02, 112.68, 113.79,

L4: 105.21, 108.46, 110.55, 113.79, 119.13.
L3: 104.98, 106.79, 107.90, 109.71, 112.68, 115.15, 117.16.
L2: 104.49, 105.80, 106.61, 107.99, 110.18, 112.01, 113.79.
L1: 107.67, 109.08, 109.92, 111.40, 113.79, 115.64, 119.13.

Wednesday 9 July 2014

Positional Call Crude 9-July-2014

NYMEX
Buy Crude at cmp 103.20, SL 102.98. TGT 105, 107, 110, 113.
Will update detailed analysis if SL is safe.

Tuesday 8 July 2014

Gold Call Updates

7th July 2014
Gave the following calls in SPOT Gold
5:15AM IST.
Buy Gold at cmp 1317.37 or between 1317-1316. Strict SL 1315/1309. Targets: 1322,
Targets L1: 1318.5, 1319.5-1320
Targets L2: 1320-1321, 1322.5-1323.5, 1326-1327.
Targets L3: 1322-1323, 1325.5-1326.5, 1327-1328.

7:24 AM IST
Call 2: Buy at CMP 1316.2, SL 1308.5.
As long as 1309/1305 holds support, we may see, 1322-1323, 1324, 1324-1326, 1327-1328, 1330-1332. - See more at: http://freetradingcallss.blogspot.in/#sthash.JpV6cXuT.dpuf
 5:15AM IST.
Buy Gold at cmp 1317.37 or between 1317-1316. Strict SL 1315/1309. Targets: 1322,
Targets L1: 1318.5, 1319.5-1320
Targets L2: 1320-1321, 1322.5-1323.5, 1326-1327.
Targets L3: 1322-1323, 1325.5-1326.5, 1327-1328.

7:24 AM IST
Call 2: Buy at CMP 1316.2, SL 1308.5.
As long as 1309/1305 holds support, we may see, 1322-1323, 1324, 1324-1326, 1327-1328, 1330-1332

http://freetradingcallss.blogspot.in/2014/07/todays-calls-7-july-2014.html
5:15AM IST.
Buy Gold at cmp 1317.37 or between 1317-1316. Strict SL 1315/1309. Targets: 1322,
Targets L1: 1318.5, 1319.5-1320
Targets L2: 1320-1321, 1322.5-1323.5, 1326-1327.
Targets L3: 1322-1323, 1325.5-1326.5, 1327-1328.

7:24 AM IST
Call 2: Buy at CMP 1316.2, SL 1308.5.
As long as 1309/1305 holds support, we may see, 1322-1323, 1324, 1324-1326, 1327-1328, 1330-1332 - See more at: http://freetradingcallss.blogspot.in/#sthash.JpV6cXuT.dpuf

Positional Calls

I am waiting for reversal in Crude to enter in positional buy. Crude broken all the supports, and done its minimum target of down move which is 6199 and as of now low is 6182.

MCX Gold View 8-July-2014

Now I expect gold to make a small down move and then a up move.
Sell on rise for big targets, buy on dips for small targets. This is my strategy as of now. Sellers stop loss 27975/28000. Buyers stop loss 27350/325.
Downside retracement Levels: 27431[completed], 27298, 27105, 26848, 26591, 26396, 26270, 25755 (100%. My ideal target is 27068.
Upside Retracement Levels:  27528, 27606, 27670, 27734, 27824, 27940(100%). My ideal target is 27715.

Below 27350 Gold is Weak.
Above 27950 Gold is Strong.

Monday 7 July 2014

NYMEX Crude View Update

As I've told yesterday (6-July-2014), crude moved downside and made new low 103.33.

Friends, Crude already broken 103.67 and made low of 103.64. If crude moves below 103.64, we may see 103.53, 103.45, 103.36-103.3, 103.16-103, 102.86, 102.08, 101.60(100%).
http://freetradingcallss.blogspot.in/2014/07/nymex-crude-update-6-july-2014.html

Failed to break 104.13 and moved downside and hit Buy SL 103.5.

IMPORTANT UPDATE ON MCX GOLD ANALYSIS

IMPORTANT UPDATE ON MCX GOLD ANALYSIS

Friends,
My MCX Gold Analysis wrong. My chart was not updated, need to reanalyse. So, friends, don't trade based on the Gold analysis. Will update the analysis by today evening.

Wrong Analysis:
http://freetradingcallss.blogspot.in/2014/07/gold-positional-view-5-july-2014.html


Wrong Chart:

Lows: 27460, 27400.


Correct Chart:

Lows: 27393, 27363.

Check the lows of both charts.
Note: If anybody is trading based on my old analysis, stop loss should be 27350/40 strict.

Sorry Friends for wrong guidance.

Today's Calls 7-July-2014

SPOT GOLD
If Gold supported by 1315, 1309, then we will see some upmove. Upside targets are: 1322.





5:15AM IST.
Buy Gold at cmp 1317.37 or between 1317-1316. Strict SL 1315/1309. Targets: 1322,
Targets L1: 1318.5, 1319.5-1320
Targets L2: 1320-1321, 1322.5-1323.5, 1326-1327.
Targets L3: 1322-1323, 1325.5-1326.5, 1327-1328.

7:24 AM IST
Call 2: Buy at CMP 1316.2, SL 1308.5.
As long as 1309/1305 holds support, we may see, 1322-1323, 1324, 1324-1326, 1327-1328, 1330-1332.

7:29AM IST
CMP 103.92, Buy with SL 103.5, Targets, check my positional view. - See more at: http://freetradingcallss.blogspot.in/#sthash.6sDIKfgR.dpuf
 Buy Crude at CMP 103.92, Buy with SL 103.5, Targets, check my positional view. SL HIT

11:31 AM IST:
Buy Gold at CMP 27425, Strict SL 27350/40. TGT 27600, 740+.

11:38 AM IST:
Buy Crude between 6222-6212, Strict SL 6180, TGT 6248, 6272, 6310, 6370 . Don`t hold if SL hit.

CMP 103.92, Buy with SL 103.5, Targets, check my positional view. - See more at: http://freetradingcallss.blogspot.in/#sthash.6sDIKfgR.dpuf

Sunday 6 July 2014

NYMEX Crude Update 6-July-2014

Friends, Crude already broken 103.67 and made low of 103.64. If crude moves below 103.64, we may see 103.53, 103.45, 103.36-103.3, 103.16-103, 102.86, 102.08, 101.60(100%).

Reversal can happen from any of these levels. If so, my positional 1st target is 107.67.

Positional traders can wait for exact/confirmed reversal point for entry.

Above 104.13, Crude will become bullish.
Sellers be Alert.

All buys Stop loss is 103.50. Sellers stop loss: 104.20 Strict.

CMP 103.92, Buy with SL 103.5, Targets, check my positional view.

USDINR Analysis 6-July-2014

Based on the Daily Chart, I expect down side correction in USDINR.
The retracement levels are: 59.98(done), 59.68(done), 59.42, 59.16, 58.97, 58.80, 58.34 (100%).




Based on the Hourly chart, the down move targets are: 59.51, 59.35, 59.07, 58.64.







 Downside Targets: 59.98, 59.68, 59.51 (done), 59.42, 59.35, 59.16, 59.07, 58.97, 58.80, 58.64, 58.34 (100%).

Below, 58.34, we can see more down move.

Now, the resistances for USDINR are:
Resistance: 60.41, 60.49
Small resistances: 59.82, 60.19.

Break above 60.49, we can see 60.99, 61.30, 61.81++.

As of now, USDINR is in down trend. Let us wait and watch.

Breakout Levels: 60.49(UP), 58.34(DOWN).

Saturday 5 July 2014

MCX Gold Positional View 5-July-2014

Positionally, I expect Gold to move upside with base support at 25755.

If Gold crosses 27940, then up move only.


Currently, Gold is in Correction. Retracement levels are: 27431[completed], 27298, 27105, 26848, 26591, 26396, 26270, 25755 (100%).

Reversal from any of these levels, my positional 1st target is 27940.
My Positional Upside targets are: 27940, 28452, 28774, [29285], 30124, 30838, 31467.
My ideal target is 29285.
Stop loss will be calculated after the end of this correction. For now Stop Loss: 25700.






Based on smaller timeframe Charts,
Up Move:
I expect small up move with base support of 27400 targeting 27595, 27641, [27715].
Upside retracement levels are: 27528, 27606, 27670, 27734, 27824, 27940(100%).
My ideal target is 27715.
Up move Stop Loss: 27450/30 or 27390/27375.



Down Move:
If 27940 restricts, we may see down move. After the above up move, I expect a down move targeting 27400, 27274, 27196, 27068, 26685, 26530.
My ideal target for down move is 27068.
Down Move stop Loss: 27950/60/75.



Note: targets must be calculated 20pts +/-.


ABC Correction based on 1H Chart

Minimum target of abc correction/retracement is already completed at 27560, 27456.
Normal retracment of abc correction is between 38.2-61.8%.
So there is a possibility of 27105/26848.
Need to wait n watch. If Gold crosses 27940, we can 100% confirm that correction got over at 27400.

Crude - Detailed Analysis 5-July-2014

CMP 6229.

Positionally, my view on crude is in UP TREND.
Supports are:5956, 5933, 5640.


If my Up trend view is correct, then,
Upside targets are:

Level 1: Support: 5460, Target: 7784.
Level 2: Support: 5933, Target: 6549, 7109.
Level 3: Support: 5956, Targets: 6339, 6586.





Based on Hourly chart, We have completed 5 wave up move, and we are currently in ABC correction. In ABC Correction, now we are in C Wave.

ABC correction retracement levels are: 6371, 6292, 6228, 6164, 6115, 5956 (100%).
As per my view correction completed at 6191 and it is still not yet confirmed. As of now 50% confirmed. Waiting for 100% confirmation.

Any reversal from these levels (6371, 6292, 6228, 6164, 6115, 5956), my 1st positional target is 6499.
Also,
If 6191 is the end of correction, 6499 is the 1st target.

6191 will become the base support.



In smaller time frames,

Up Side
If 6191 holds supports, we will see 6234, 6261.





Down Side
If the correction not completed yet, then,

6234 will act as a resistance now. If so, we will see 6191, 6186, 6165, 6132, 6122, 6109 on the down side.


And we will see a strong reversal from this down move with support at 5966/5933.

As long as 5956/5933 holds support, my positional 1st target is 6499.

Friday 4 July 2014

Today's Calls 4-July-2014

Today's Strategy Calls:

7:22 AM: Buy Gold between 1317-1319, SL 1315.7. Targets: 1322, 1324, 1327. CMP 1319.16.  Call Activated AT 1319.
(As of now high is 1323.23 2:37PM IST.)

7:22 AM: Sell Gold between 1324-1332, SL 1333/1335. Targets:  1310, 1295, 1287.


7:57 AM: Buy Crude between 103.95-103.85, CMP 103.91. Call Activated. Targets in the positional View.


11:00AM IST
GOLD
My view on Gold as on 4-July-2014.
Gold is in up move, with support at 27363. Up side retracements are: 27498, 27583, 27651, 27719, 27770, 27816, 27940(100%).
We can sell on rise with SL 27950. Down side targets: 27363(Minimum target), 27144, 27010.
View is valid as long as 27940 restricts. If Gold breaks 27940 then upmove will be in place.

Small Call: Buy at CMP 500/500 SL 27420 tgt: 27560-580. But PR ratio is not good. (TGT Achieved.)

Retracement call: Buy on dips or  between 27486-27422 (Call Activated 5:02PM IST)
Strict SL 27350 tgts:  27550-64, 27620-41, 27670-88.

Positional Call: Sell on rise. Sell can be at these levels (27651, 27719, 27770, 27816) Strict SL 27950/75.
Targets: 27363(Minimum target), 27144, 27010.


2:40PM IST
Buy Crude at CMP 6220, SL 6180/6170. TGT 6234, 242-251, 274-288, 311, 348. CMP 6226.  Call Activated.

Sell Gold between 27554-80, SL 27605, TGT 515, 484, 450. (Call Activated at 4:30 PM IST). TGT Achieved.

NYMEX Crude Up Move Possibilities 4-July-2014

Dear Visitors & Friends,
I expect NYMEX Crude to move upside.

If 103.67 is the end of down move, I expect a big upmove in Crude. This view is VALID as long as 103.67 holds support.

If so,
I expect to see 104.23, 105.21 first.
Above 105.21, 106, 107.45, 107.67.
My positional targets are: 107.4-107.7, 107.9-108.1, 109-109.2, 110-110.2, 112-112.21.



Strategy Test Call:
Buy Crude between 103.95-103.85. SL 103.60. CMP: 103.93. Targets above view.
 4-7-2014. 7:57 AM: Buy Crude between 103.95-103.85, CMP 103.91. Call Activated.

Let us see, how this progresses. 

2:40PM IST
Buy Crude at CMP 6220, SL 6180/6170. TGT 6234, 242-251, 274-288, 311, 348. CMP 6226.  Call Activated.

Best entry between 6214-6202. SL 6185. Targets: 228, 242-251, 274-288, 311, 348. CMP 6226.

Thursday 3 July 2014

Gold Intraday View 3-July-2014

11:03 AM: CMP 27580.
I expect Gold to move in this fashion.
Down Move: 27559, 27546-534. SL 27710.
Up Move: 600, 635, 660. SL 27480.
Down Move: 500, 384, 290. SL 27710.
Let us wait n watch, how this progresses.



Strategy Test Call.
Sell Gold on rise to 27650-670, SL 27710. TGT  27500, 27384,27290.
Made High 27634. Sold at 27630.

1:01pm buy gold between 548-520, SL 480/470, TGT 600, 630, 660.  CMP 548. TGT 600, 630 Achieved.

How Gold reached 27500? Check the chart here below:

Wednesday 2 July 2014

Today's Calls

TRADING AGAINST THE TREND FAILED. STILL THE DOWN MOVE NOT COMPLETED. WAITING FOR THE TREND REVERSAL.

WILL UPDATE SOON, ONCE I CONFIRM THE TREND REVERSAL OR THE BEST ENTRY WITHIN TREND.

Strategy Test Call:
Buy Nymex Crude CMP 105.36, SL 105.15, TGT 105.47, 105.56 - TGT Done.
Buy Nymex Crude CMP 105.36, SL 104.50, TGT 106.01, 107.67
Sell Crude 105.37, SL 105.51, TGT 105.05. - SL Hit. CORRECTION: TGT Done. SL WAS Safe by 1pt. HIGH WAS 105.50.

2:03 PM: Risky Buy Crude 6305, Strict SL 6285/6280, TGT 6337, 6368, 6393. Don`t hold if SL hits. SL Hit.

STRATEGY TEST:
BUY CRUDE 6277, STRICT 6250/6240, TGT 6310, 6340, 6370, 6404, 6425, 6499, 6540. POSITIONAL.

NYMEX Crude Down Move Update 2-July-2014

NYMEX Crude update:

26th June 2014
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.
http://freetradingcallss.blogspot.in/2014/06/crude-view-nymex-mcx-26-june-2014.html


29th June 2014
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.
http://freetradingcallss.blogspot.in/2014/06/nymex-crude-view-29-june-2014.html






Present Chart:




MCX Crude Down Move Update 2-July-2014

Dear Visitors,
Here comes the update on my analysis of Crude Down Move which was given on 26th, 29th June 2014.

26th June 2014
MCX
If 6472, 6499 restricts, we will see 6375, 6320, 6290 in crude.
Resistances: 6472, 6499.
http://freetradingcallss.blogspot.in/2014/06/crude-view-nymex-mcx-26-june-2014.html


29th June 2014
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.

http://freetradingcallss.blogspot.in/2014/06/mcx-crude-positional-view-29-june-2014.html







Present Chart:




Keep visiting my blog for latest analyses Friends!!!



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. - See more at: http://freetradingcallss.blogspot.in/2014/06/mcx-crude-positional-view-29-june-2014.html#sthash.vVLLs8mx.dpuf

Tuesday 1 July 2014

Today's Calls 1-July-2014

Strategy Calls:
Buy Crude at CMP 105.05, SL 104.60, TGT 106, 106.9.

Buy Crude 6325-6310, Strict SL 6300/6280, TGT 6395, 6499, 6540++.

SPOT Gold View 01-July-2014

As per my Daily Chart Analysis,


Long Term View:
Supports: 1239, 1179.
Up Side Targets: 1380-90, 1440-1445, 1500-1520, 1570-1590.


Short Term View:
Support is at 1239.
UpSide Targets: 1348, 1359, 1368, 1387.




Intraday:
Now I expect a tracement. Retracement levels are: 1327, 1323, 1321 - 1319.
Support is at 1309, 1305.

Buy on dips is adviced. Buy between 1319-1323.
For All buys Strict SL 1305/1300.

SPOT Gold Update Based on the View given on 27-June-2014

UPDATE: SPOT Gold Update Based on the View given on 27-June-2014
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.

As of now High is 1329.48(XAUUSD)/1329.09 (SPOT)
7:05am: High 1322.77/1332.21

Go to the below link for the analysis:
http://freetradingcallss.blogspot.in/2014/06/spot-gold-positional-view-27-june-2014.html
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. - See more at: http://freetradingcallss.blogspot.in/2014/06/spot-gold-positional-view-27-june-2014.html#sthash.GWltPREE.dpuf

NYMEX Crude View 01-July-2014

Hi Friends,
From my perspective NYMEX Crude has completed it's retracement at 105.67. As per my analysis given yesterday (30-June-2014), It has done 105, 104.7 retracement levels and taken support at 50% retracement level which is at 104.63.

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. - See more at: http://freetradingcallss.blogspot.in/2014/06/nymex-crude-view-29-june-2014.html#sthash.qFuaHtOR.dpuf
 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.

 For the analysis click the below link to check:
http://freetradingcallss.blogspot.in/2014/06/nymex-crude-view-29-june-2014.html

Now, I expect crude to move on its original up trend. Now it is trading at 105.45. I am expecting retracement towards 105.32-105.
Retracement levels:
105.44, 195.29, 105.17, 105.05, 104.96, 104.88, 104.67(100%).



Buy between 105.32-105 if you get or

Buy above 106.70.

For any buy SL should be 104.6/104.45 strict.

Targets:
Level 1: 105.67, 106.30+++.
Level 2: 106.4-106.5-106.7-106.8-106.9
Level 3: 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.





Level 1: Small trades, Level 2: Short term, Level 3: Long term.
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. - See more at: http://freetradingcallss.blogspot.in/2014/06/nymex-crude-view-29-june-2014.html#sthash.qFuaHtOR.dpuf