Copper Positional View Update - Analysis on 27-Apr-2015

CMP 386.90
[4/27, 10:36 AM] ckacraj: Copper view: Can Sell copper between 387-392, big sl 399.5, big tgt 370. Other tgts:  361, 358, 352, 350
CALL ACTIVATED AT 387.

SL HIT.

Gold Analysis Update 30-Apr-2015 - View Given on 29-Apr-2015

30-Apr-2015: 7:38. BUY Call Cancelled. Will udpate my view  later.
High Risk buy can be initiated at cmp 1178.5 with max sl 1173.5$.
 
30-Apr-2015 6:39 PM IST

29-Apr-2015

Original Post: http://rajmarketresearchanalysis.blogspot.in/2015/04/gold-positional-view-29-apr-2015.html

CMP 1210.64
Support: 1140/1174.

As long as Gold Resisted by 1215, I expect to see 1206, 1200, 1196, 1191, 1187 on the downside.

Almost ALL TARGETS DONE. LOW as of now 1187.72.

30-Apr-2015

Today's Views and Calls 30-Apr-2015

[4/30, 10:25 AM] ckacraj: Buy crude between 3720-3710, STRICT SL 3695, TGT: 3745, 3760, 3775. Only enter at the given levels if you get. Have strict sl. All the best.

[4/30, 10:38 AM] ckacraj: Risk takers can buy buy at Cmp 3733, sl strict 3710, tgts: 3745, 3760, 3775+.

[4/30, 10:38 AM] ckacraj: Note: Risky call.

11:10 AM IST
High Risk buy crude at Cmp 58.58, SL 58.30, Tgts: 58.8, 59.

[4/30, 2:59 PM] ckacraj: Sell crude Cmp 3780, sl 3800, tgt 3730 n more down.

[4/30, 3:37 PM] ckacraj: 1:1, risk:reward done. Book at ur comfort. 20pts.

3:03 PM IST

SELL Crude at Cmp 59.14, max sl 59.40, tgt 58.6, 58.3, 58
5:08 PM IST: Targets: 58.85, 58.65, 58.45, 58.3, 57.8

29-Apr-2015

8:30 AM IST
Trade Idea 1: Sell at cmp 1210.64 or on Rise, With Max SL 1210.5 for 1206, 1200, 1196, 1191, 1187.

Trade Idea 2: Buy Gold on Dips between 1200-1187 with Max SL 1173.5 for [1222-1224], 1232, [1241-1244], 1252, 1258, 1270

Indices Long Term Positionla View 30-Apr-2015

NIFTY

CMP 8231.
But there is lot of confusions with Nifty chart. Have labelled my chart one possibility as per my view. Let us see how this progresses.
I still expect to see 8070, 8000, 7940/7910.

Hang Seng

CMP: 28386
Support: 23634
Based on my Weekly Chart,
As long as 23634 supports, I expect to see 29000, 29470, 30400-30500-30600.

DAX30

13-May-2015

CMP 11577.
Support: 11170; Resistance: 12430 As long as 11170 supports, I expect to see one more up move towards [11800]/11940/12080/12150. If resisted by 12430 and any reversal from the above levels, I expect see again 11170 and below to that 10880/10700/10410.
Present Chart: 19-May-2015

Nikkei:

15-Apr-2015
7:13 AM IST
Above 20050, I expect to see 20200, 20400-20460. Support 18930.

NYMEX Crude Analysis from 6-Apr-2015 to 29-Apr-2015 - ONLY CHARTS

6-apr-2015

 10-Apr-2015

10-Apr-2015_14-Apr-2015

 14-Apr-2015

 16-Apr-2015

 19-Apr-2015

21-April-2015-waveCounts

21-April-2015

 22-Apr-2015-beforeInventory

 22-Apr-2015-afterInventory

22-Apr-2015-PresentProjection_615 PM IST

23-Apr-2015-upmove

23-Apr-2015

27-Apr-2015-1

27-Apr-2015-1

27-Apr-2015-2

 28-Apr-2015-1

28-Apr-2015-2

CRUDE, USDCHF, EURUSD AND GBPUSD Views Updates 29-Apr-2015

29-Mar-2015 USDCHF 0.9800 -->> 0.9500, 0.9343 (min) - Made low 0.9345.
https://www.linkedin.com/pulse/usdchf-positional-analysis-29-mar-2015-arockia-chinnappa-raj-k
16-Apr-2015 EURUSD 1.0818 -->> 1.0849, 1.0972, 1.1049-1.1066, 1.1109-1.1115 hit
https://www.linkedin.com/pulse/eurusd-positional-analysis-16-apr-2015-arockia-chinnappa-raj-k
28-Apr-2015 GBPUSD 1.5238 -->> 1.5488.
https://www.linkedin.com/pulse/gbpusd-positional-analysis-28-apr-2015-arockia-chinnappa-raj-k

28-Apr-2015 CRUDE 56.62 -->> 56.95, 57.22, 57.48, 57.69, 58.38.
https://www.linkedin.com/pulse/nymex-crude-view-28-apr-2015-arockia-chinnappa-raj-k
ORIGINAL POSTS and CLEAR CHARTS:
http://rajmarketresearchanalysis.blogspot.in
http://freecommodityanalysis.blogspot.in
http://freecommodityanalysis.blogspot.in/2015/03/usdchf-positional-analysis-29-mar-2015.html
http://rajmarketresearchanalysis.blogspot.in/2015/04/eurusd-view-23-apr-2015.html
http://rajmarketresearchanalysis.blogspot.in/2015/04/gbpusd-positional-analysis-28-apr-2015.html
http://rajmarketresearchanalysis.blogspot.in/2015/04/nymex-crude-analysis-update-29-apr-2015.html

NYMEX Crude Analysis Update 29-Apr-2015 - View given on 28-Apr-2015

Original Post: http://rajmarketresearchanalysis.blogspot.in/2015/04/nymex-crude-analysis-update-29-apr-2015.html

28-Apr-2015
CMP 57.08
Breakout Levels: 56.05/57.85

Above 57.85, I expect 58.20, 58.45, 58.85.
Above 58.45, I am bullish and expecting 59.88, 60.78, 62.22, 63.12

Below 56.05 I am highly bearish and I expect 55.45, 55.05, 54.35

Present Chart 29-Apr-2015 8:36 PM IST

 

NYMEX Crude Analysis Update 29-Apr-2015 - View given on 28-Apr-2015

28-Apr-2015
CMP 57.08
Breakout Levels: 56.05/57.85

Above 57.85, I expect 58.20, 58.45, 58.85.
Above 58.45, I am bullish and expecting 59.88, 60.78, 62.22, 63.12

Below 56.05 I am highly bearish and I expect 55.45, 55.05, 54.35

Present Chart 29-Apr-2015 8:14 PM IST

Titan Analysis Update 29-Apr-2015 - Analysis given on 23-Apr-2015

As long as Titan resisted by 424, I expect to see 385 again.
Other targets: 378, 369, 359-356, 343-341, 333, 327, 318-315.
http://rajmarketresearchanalysis.blogspot.in/2015/04/nse-titan-positional-analysis-23-apr.html

BPCL Analysis Update 29-Apr-2015 - Analysis given on 19-April-2015

If BPCL resisted by 828.20, I expect to see 750, 694, 625, 610, 543 positionally.
Original Analysis: http://rajmarketresearchanalysis.blogspot.in/2015/04/bpcl-positional-analysis-19-april-2015.html

COMEX GOLD Positional View 29-Apr-2015

CMP 1210.64
Support: 1140/1174.

As per my analysis, we are in wave b of Wave 4.
If Gold Supported by 1174, I expect to see [1222-1224], 1232, [1241-1244], 1252, 1258, 1270.

As long as Gold Resisted by 1215, I expect to see 1206, 1200, 1196, 1191, 1187 on the downside.

TRADE IDEAS:

Trade Idea 1: Sell at cmp 1210.64 or on Rise, With Max SL 1210.5 for 1206, 1200, 1196, 1191, 1187.
11:40 PM IST: SL Mistyped. SL should have been 1215.5. If you would have read my view correctly, then you would have placed SL Correctly. Sorry. Gold made low 1201.47 as of now.

11:44 PM IST

Trade Idea 2: Buy Gold on Dips between 1200-1187 with Max SL 1173.5 for [1222-1224], 1232, [1241-1244], 1252, 1258, 1270.

TRADE AT YOUR RISK. READ DISCLAIMER BEFORE TRADING.

Today's Calls and Views 29-Apr-2015

7:16 AM IST
Buy crude at Cmp 56.85, SL 56.7/56, TGTs: 57.3, 57.8, 58.05, 58.35, 58.85+++.
8:25 PM IST: High 58.33

7:52 AM IST

Sell NG at cmp 2.501, SL 2.550, TGTs: 2.480, 2.460, 2.440, 2.400, 2.350, 2.300.

8:30 AM IST
Trade Idea 1: Sell at cmp 1210.64 or on Rise, With Max SL 1210.5 for 1206, 1200, 1196, 1191, 1187.

Trade Idea 2: Buy Gold on Dips between 1200-1187 with Max SL 1173.5 for [1222-1224], 1232, [1241-1244], 1252, 1258, 1270

[4/29, 10:02 AM] ckacraj: Buy crude at mcx at Cmp 3611, sl 3595 max  tgts: 3635, 3668,  3710+++

[4/29, 10:33 AM] ckacraj: Sell copper at Cmp 385.75, sl above yesterdays high, tgts: 383, 381, 379, 375, 371... Already positional sell is in place. This is intra.

[4/29, 12:54 PM] ckacraj: Copper low 383.40, Cmp 384. From 385.75. Can book some profit 

[4/29, 10:50 AM] ckacraj: Sell gold at Cmp 27156, sl 27230, tgts: 27100, 27010, 26930

[4/29, 11:05 AM] ckacraj: HIGH RISK: Sell ng at Cmp 160.60, sl 162.35. Tgt: 158.6

[4/29, 12:51 PM] ckacraj: Crude my sl 3595 hit. But still I am bullish and expecting to see 3635, 3668, 3710+++
[4/29, 12:51 PM] ckacraj: Risk takers can buy again with sl 3570, Cmp 3595 

NYMEX Crude View 28-Apr-2015

29-Apr-2015 8:14 PM IST:

28-Apr-2015

As long as Crude is within channel, and 56/55.70 holds support, I expect to see 56.95, 57.22, 57.48, 57.69, 58.38, 59.88, 60.78, 62.22, 63.12 on the upside.

Already buy has been initiated at 56.50. New buys can be initiated at cmp 56.70 or on dips between 56.50-56.20.
For any Buy, Strict SL 56/55.70 (max)

This view is invalid if crude breaks 55.70$.

10.44 PM IST

CMP 57.08
Breakout Levels: 56.05/57.85

Above 57.85, I expect 58.20, 58.45, 58.85.
Above 58.45, I am bullish and expecting 59.88, 60.78, 62.22, 63.12

Below 56.05 I am highly bearish and I expect 55.45, 55.05, 54.35

 Already buy from 56.50/56.62 has done targets upto 57.69. Now revised SL for this buy can be 56$.

Call 2:
RISKY Trade Idea: Can buy at cmp 57.08 with Strict SL 56.70/56 (max) for 57.50 and for my upside targets.
Safe trade above/below breakout levels.

Old Charts

http://freecommodityanalysis.blogspot.in/2015/04/today-calls-views-24-apr-2015.html

TRADE IDEAS are based on my ANALYSIS. TRADE AT YOUR RISK. READ DISCLAIMER BEFORE TRADING.

GBPUSD Positional Analysis 28-Apr-2015

CMP 1.5238

Swing High: 1.7188
Swing Low: 1.4565

Resistances: 1.5553, 1.7188
Supports: 1.4565, 1.4856

As long as GBPUSD Supported by 1.4567, I expect to see [1.5350], 1.5540, [1.5650], 1.5840, [1.6140], 1.6410 (level to watch, if we reach here).

Today's Calls & Views 28-Apr-2015

5:35 AM  IST
Small risk: Buy crude Cmp 56.62, sl 56.48, tgt 57, 57.5, 58... If sl safe.
Sell below 57.49, tgt 56.3, 56...
Small tgt 56.3 hit. Low 56.1.

[4/28, 10:00 AM] ckacraj: Buy crude at Cmp 3583, sl 3560
[4/28, 10:00 AM] ckacraj: Tgt 3600, 3620+
[4/28, 10:00 AM] ckacraj: Strict sl
First tgt 3600 hit.

[4/28, 10:44 AM] ckacraj: High risk sell gold at Cmp 27032, sl 27083, tgts: 26950, 26850, 26750, 26650, 26600. All the best.
[4/28, 10:44 AM] ckacraj: Max sl 27150.

Sell gold at Cmp 1200, sl 1207.5, 1194, 1191, 1189.

[4/28, 5:23 PM] ckacraj: Sell crude at Cmp 3608, sl 3615, tgt 3591, 3575

[4/28, 5:23 PM] ckacraj: Buy above 3615, tgt 3635, 3668, 3710, 3750, 3800+++

 Crude View 28-Apr-2015

As long as Crude is within channel, and 56/55.70 holds support, I expect to see 56.95, 57.22, 57.48, 57.69, 58.38, 59.88, 60.78, 62.22, 63.12 on the upside.

Already buy has been initiated at 56.50. New buys can be initiated at cmp 56.65 or on dips between 56.50-56.20.
For any Buy, Strict SL 56/55.70 (max)

This view is invalid if crude breaks 55.70$.

Old Charts

http://freecommodityanalysis.blogspot.in/2015/04/today-calls-views-24-apr-2015.html

Copper Positional Analysis 27-Apr-2015

[4/27, 10:36 AM] ckacraj: Copper view: Can Sell copper between 387-392, big sl 399.5, big tgt 370. Other tgts:  361, 358, 352, 350

[4/27, 10:36 AM] ckacraj: Strict SL

- See more at: http://freecommodityanalysis.blogspot.in/#sthash.HXTSDjjX.dpuf

CMP 386.90
Swing Low: 332.90
Swing High: 398.90

As long as Copper supported by 398.90, I expect to see 371/368.90 again.
Other targets: 366, 362, 358.5/357.5, 353, 350.50, 347.5.

[4/27, 10:36 AM] ckacraj: Copper view: Can Sell copper between 387-392, big sl 399.5, big tgt 370. Other tgts:  361, 358, 352, 350
CALL ACTIVATED AT 387.

[4/27, 10:36 AM] ckacraj: Strict SL



LONG TERM POSITIONAL VIEW: http://rajmarketresearchanalysis.blogspot.in/2015/04/copper-positional-analysis-12-apr-2015.html

Today's Calls and Views 27-Apr-2015

[4/27, 4:24 PM] ckacraj: Copper single tgt 370

[4/27, 4:24 PM] ckacraj: Positional.

New call:

3:13 pm IST

[4/27, 3:12 PM] ckacraj: Buy crude at Cmp 3633, sl 3605, tgt 3668, 3690, 3710, 3780+.

[4/27, 10:36 AM] ckacraj: Copper view: Can Sell copper between 387-392, big sl 399.5, big tgt 370. Other tgts:  361, 358, 352, 350

[4/27, 10:36 AM] ckacraj: Strict SL

10:43 AM

[4/27, 10:15 AM] ckacraj: [4/24, 9:13 PM] ckacraj: Anybody would like to take HIGH RISK?

[4/24, 9:15 PM] ckacraj: BUY CRUDE AT CMP 3639 OR ON DIPS 3630-3620, STRICT SL 3605. SINGLE TGTs: 3710, 3800, 3950. Positional. Don't hold if sl hit

[4/27, 10:15 AM] ckacraj: Still I am with this view

Good Morning Friends!!!

7:54 AM IST
The below view is not for trade, just to watch.
As per my analysis, still I am bullish, but my SL Strict to 55.70. If Crude breaks, 55.70, my view is invalid and I will be reanalysing my chart.

So, if any one is trading based on the below view, STRICT SL MAX 55.70. TRADE AT YOUR RISK.

As long as crude holds, support of 55.70, I expect, crude to make new high and expecting minimum 58.39(58.47), 58.90.

Expecting a down move towards 58/57.1 from 58.90/59 levels.

From this down move, I expect to see the final up move which will complete the up side correction. Expecting 61-61.5 minimum to complete the upside correction.

Trading WAVE 4 IS ALWAYS RISKY. And we are in complex FLAT correction. So, better we can avoid or booking profit when in good profit.

My View is valid as long 55.70 supports.

Thanks.

Happy Trading. Have a Profitable Day!!!

NYMEX Crude Down Move - Fundamental Or Technical - A Research 26-Apr-2015

I would like to share my view on Crude down fall from 107.67$ to 42.42$.
Often there is a debate on why a Commodity /Stock/Currency moves up or moves down. It moves based on Fundamental News or it is technically weak/strong.
Fundamental Supporters, will say it is because of fundamental news. Technical Supporters, will say it is because of technical.

In my perspective both are important, technical analysis works best based on fundamental news. I am supporter of technical analysis and which is fueled by fundamental news.

I started my analysis based on Elliott Wave from late 2013. I was highly bullish and expected up move and started projecting my targets for crude on the upside.

29-June-2014

Positional Up move 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.

http://freecommodityanalysis.blogspot.in/2014/06/nymex-crude-view-29-june-2014.html
My Positional View changed once, crude broken it's base support of 97$, and I became bearish.
Here below, I have given my charts and views which was given in my blog, chronologically.

01-Aug-2014

CMP 97.83
As Crude broken all its supports (99.7, 98.5, 97Now I am fully bearish with Crude.
Based on My chart, I expect 96.2, 92, 88, 85, 81 Long Term Positional.

http://freecommodityanalysis.blogspot.in/2014/08/nymex-crude-positional-down-move-view.html

15-Sep-2014

If crude restricted by 93.7, 96, I expect more fall in Crude.
Sell on rise is the strategy with SL 93.75 for targets: [[90.5-90.4-90.3]], 89.75, 88.5, [[87.5]], 86.8.

http://freecommodityanalysis.blogspot.in/2014/09/nymex-crude-positional-view-15-sep-2014.html

01-Nov-2014

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.
HIGH LEVEL

http://freecommodityanalysis.blogspot.in/2014/11/nymex-crude-positional-analysis-01-nov.html

01-Dec-2014

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.

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

News that supported up move and down move of Crude:

All news items are taken from investing.com

Bearish News

Bullish News

22.06.2014 U.S. oil futures turn lower ahead of API supply report By Investing.com - Jul 22, 2014 Crude dips on U.S. supply uncertainty By Investing.com - Jul 22, 2014 NYMEX crude oil prices dip in Asia after API data shows mild stocks drop By Investing.com - Jul 22, 2014 U.S. oil futures decline ahead of weekly supply data By Investing.com - Jul 23, 2014 24.07.2014 Crude oil futures decline despite upbeat China PMI data By Investing.com - Jul 24, 2014 WTI oil futures modestly lower after mixed U.S. data By Investing.com - Jul 24, 2014 25.07.2014 Crude oil edges lower, U.S. home sales still weigh By Investing.com - Jul 25, 2014 Crude futures edge lower in choppy trading, U.S. data support By Investing.com - Jul 25, 2014 30.09.2014 U.S. oil hits session low after disappointing U.S. confidence data By Investing.com - Sep 30, 2014 Crude hammered lower as quarter ends amid major supply concerns By Investing.com - Sep 30, 2014 Oil Prices Tumble On High Dollar By International Business Times - Sep 30, 2014 NYMEX crude falls in early Asia despite API data mild drop in supplies By Investing.com - Sep 30, 2014 24.11.2014 Crude oil futures slump with all eyes on OPEC meeting By Investing.com - Nov 24, 2014 NYMEX crude edges lower in Asia with OPEC meeting in focus By Investing.com - Nov 24, 2014 01.12-2014 Oil futures extend plunge to lowest since 2009 on OPEC inaction By Investing.com - Dec 01, 2014 04.12.2014 Oil futures tumble to session lows on Saudi price cut By Investing.com - Dec 04, 2014 Crude drops as Saudi Arabia trims export prices By Investing.com - Dec 04, 2014 14.12.2015 NYMEX crude falls in Asia, weekend OPEC comments brushed off By Investing.com - Dec 14, 2014 15.12.2015 Oil hits five-year low before rallying above $62 By Reuters - Dec 15, 2014 02.01.2015 Oil declines in thin, volatile trading By Reuters - Jan 02, 2015 14.01.2015 Oil trades near 6-year low amid global growth concerns By Investing.com - Jan 14, 2015 30.01.2015 Oil rises, but set for record run of monthly falls By Reuters - Jan 30, 2015 Crude oil rallies over 1% but supply glut worries still weigh By Investing.com - Jan 30, 2015 02.02.2015 Crude oil futures drop 3% as global growth concerns weigh By Investing.com - Feb 02, 2015 Crude oil turns lower in choppy trade after ISM disappoints By Investing.com - Feb 02, 2015 17.02.2015 Crude oil futures erase gains to trade down 3% in choppy trade By Investing.com - Feb 17, 2015 18.02.2015 Oil futures decline amid profit-taking ahead of U.S. supply report By Investing.com - Feb 18, 2015 Cheaper crude oil subdues U.S. producer inflation; housing starts fall By Reuters - Feb 18, 2015 Oil's losses deepen; WTI drops as much as 3% ahead of API data By Investing.com - Feb 18, 2015 10.03.2015 Brent oil futures fall below $58 as dollar hits 11-year high By Investing.com - Mar 10, 2015 Dollar rally sinks oil; Brent down more than U.S. crude By Reuters - Mar 10, 2015 Crude oil prices fall sharply, as U.S. Dollar reaches 12-year high By Investing.com - Mar 10, 2015 23.02.2015 NYMEX crude falls in early Asia with focus on heavy supplies By Investing.com - Apr 23, 2015 23.02.2015 Oil futures slip lower on rising U.S. stockpiles By Investing.com - Apr 23, 2015

16.07.2014 Crude oil rebounds after upbeat China GDP data, U.S. supply data ahead By Investing.com - Jul 16, 2014 WTI oil futures extend gains after bullish U.S. supply report By Investing.com - Jul 16, 2014 Crude shoots up as U.S. stockpiles take a dive By Investing.com - Jul 16, 2014 NYMEX crude oil carries prices gains into Asia after bullish stocks data By Investing.com - Jul 16, 2014 23.09.2014 Crude oil futures edge higher on upbeat Chinese data By Investing.com - Sep 23, 2014 16.10.2014 NYMEX crude oil gains in early Asia on rebound off ample U.S. supplies By Investing.com - Oct 16, 2014 17.10.2014 Crude oil rallies over 1% but supply data still weighs By Investing.com - Oct 17, 2014 01.12.2014 Oil futures erase losses to trade up 2% on weaker dollar By Investing.com - Dec 01, 2014 17.12.2014 Oil surges in about-face as some bet sub-$60 Brent won't last By Reuters - Dec 17, 2014 14.01.2015 Oil surges 5 percent on options expiry; bounce seen fleeting By Reuters - Jan 14, 2015 02.02.2014 Oil up in skittish trade; stocks, refinery strike limit gains By Reuters - Feb 02, 2015 03.02.2015 Oil jumps as dollar plunges, up nearly 20 percent in four days By Reuters - Feb 03, 2015 17.02.2015 Oil futures extend gains on bullish momentum By Investing.com - Feb 17, 2015 25.03.2015 NYMEX crude gains in Asia as API data shows drop in distillate, gasoline By Investing.com - Mar 24, 2015 15.04.2015 NYMEX crude up in Asia after China Q1 data flurry, GDP supports By Investing.com - Apr 15, 2015 WTI oil futures rally above $54 ahead of weekly inventory data By Investing.com - Apr 15, 2015 WTI oil futures rally to 4-month high after bullish supply data By Investing.com - Apr 15, 2015 22.04.2015 NYMEX crude gains in early Asia as investors watch Yemen fighting By Investing.com - Apr 22, 2015

All news items are taken from investing.com

Present View 25-Apr-2015

As per my analysis, we are in wave 4 and I expect to see minimum of 58.63. Crude almost done this target made high of 58.39 on Thursday (23-Apr-2015). Still I expect to see another up move before a big fall, which will be wave 5 as per my analysis minimum targeting 45/43/38$.
For detailed analysis and updates you can check freecommodityanalysis.blogspot.in, marketreserachanalysis.blogspot.in

Conclusion - Fundamental or Technical?

In Market research, both are essential, and must go together to achieve the target. Technical analyst can give bigger targets but, these targets can only be reached if fundamental news supports. Else, technical analysis will fail.
Fundamental news, can give good move, but where the move will end? Only technical analysis can give the targets, where one can safely book the profits.

Technical Analysis gives targets, but
Fundamental News drives the market to reach the target.

But, sometimes, Technical wins over fundamental and fundamental wins over technical.

Today's Calls & Views 24-Apr-2015

[4/24, 10:06 AM] ckacraj: Small sl n risky buy crude at Cmp 3665, sl 3655, tgt 10-20-30.

Risk takers can change sl to 3650 and wait. No holding below 3650 strict.
If SL Hit also, I expect to see another up move, before fall.

12:35 PM  high 3677.

My View of Crude:

NYMEX Crude:
12:06 PM

12:45 PM

6:55 PM

MCX Crude:
12:06 PM

 

12:45 PM

6:55 PM

[4/24, 9:13 PM] ckacraj: Anybody would like to take HIGH RISK?

[4/24, 9:15 PM] ckacraj: BUY CRUDE AT CMP 3639 OR ON DIPS 3630-3620, STRICT SL 3605. SINGLE TGTs: 3710, 3800, 3950. Positional. Don't hold if sl hit

Any move above 58.45, I am bullish and check my positional view:  rajmarketreserachanalysis.blogspot.in