CMP 49.91
Supports: 43.58/42.42
Resistances: 52.47/54.22
As per my Analysis, I expect to see 52.4, 54, 57, 58.6, 59.5, 63.2 positionally, if crude supported by 47, 43.58, 42.42.
According to me, Crude started it's correction from 43.58 and we are in Wave 4 Correction. As per Alternation guideline, Crude made new low at 42.42 and now we are in complex correction and it is getting more complex and complex and only the time can tell us whether crude is going to form triangle.
Because, As of now, Crude made only 3 waves from the low 42.42. So need to wait and watch.
As per time analysis, Crude took 8 weeks to make new low from 43.58 --> 42.42.
I would like to see reversal in 13th/21st week. By the time, I expect to see my targets minimum 57/58.6.
Updated Chart 10:20 PM IST, 8-Apr-2015
As per my present chart and View, I expect to see 50.5, 50, 49.75$ on the down side. And expect reversal between 49-49.75 targeting 54, 55.7, 56.7, 58.4, 59.2.
High Risk Buy Entry can be at CMP 50.95$
Note: SL is BIG 46.9$.
Or can wait for the reversal level for entry if you get.
Now sl is 50.20.
10-Apr-2015
1:13 PM IST
Buy Crude at CMP 50.55 or on dips, SL 49.5/49 (max), TGT: 52, 53, 54.2, 56.6.
SL Changed to 50
RISKY BUYCrude at CMP 50.35, SL 50, TGTs: 50.60, 50.90, 51.2, 51.4, 51.7, 52.2, 52.9, 53.5...
8:43 PM IST
SMALL SL 50, BIG SL 49.5/49
11:38 PM IST
3rd Call: Buy Crude at CMP 51.3 or on dips between 51.00-50.50 if you get, Strict SL 50, TGT: 51.9, 52.3, 52.6, 53, 53.7, 54.8.
Positional SL 50/49.5/49
14-Apr-2015 Chart
Let us wait n watch how this progresses.
TRADE AT YOUR RISK. ALL THE BEST.
Thanks.
Supports: 43.58/42.42
Resistances: 52.47/54.22
As per my Analysis, I expect to see 52.4, 54, 57, 58.6, 59.5, 63.2 positionally, if crude supported by 47, 43.58, 42.42.
According to me, Crude started it's correction from 43.58 and we are in Wave 4 Correction. As per Alternation guideline, Crude made new low at 42.42 and now we are in complex correction and it is getting more complex and complex and only the time can tell us whether crude is going to form triangle.
Because, As of now, Crude made only 3 waves from the low 42.42. So need to wait and watch.
As per time analysis, Crude took 8 weeks to make new low from 43.58 --> 42.42.
I would like to see reversal in 13th/21st week. By the time, I expect to see my targets minimum 57/58.6.
Updated Chart 10:20 PM IST, 8-Apr-2015
As per my present chart and View, I expect to see 50.5, 50, 49.75$ on the down side. And expect reversal between 49-49.75 targeting 54, 55.7, 56.7, 58.4, 59.2.
High Risk Buy Entry can be at CMP 50.95$
Note: SL is BIG 46.9$.
Or can wait for the reversal level for entry if you get.
Now sl is 50.20.
10-Apr-2015
1:13 PM IST
Buy Crude at CMP 50.55 or on dips, SL 49.5/49 (max), TGT: 52, 53, 54.2, 56.6. - See more at: http://freecommodityanalysis.blogspot.in/2015/04/todays-calls-10-apr-2015.html#sthash.9B759zcE.dpuf
SL changed to 49.5/49 Buy Crude at CMP 50.55 or on dips, SL 49.5/49 (max), TGT: 52, 53, 54.2, 56.6. - See more at: http://freecommodityanalysis.blogspot.in/2015/04/todays-calls-10-apr-2015.html#sthash.9B759zcE.dpuf
1:13 PM IST
Buy Crude at CMP 50.55 or on dips, SL 49.5/49 (max), TGT: 52, 53, 54.2, 56.6.
6:26 PM IST
RISKY BUYCrude at CMP 50.35, SL 50, TGTs: 50.60, 50.90, 51.2, 51.4, 51.7, 52.2, 52.9, 53.5... - See more at: http://freecommodityanalysis.blogspot.in/2015/04/todays-calls-10-apr-2015.html#sthash.9B759zcE.dpuf
6:26 PM ISTRISKY BUYCrude at CMP 50.35, SL 50, TGTs: 50.60, 50.90, 51.2, 51.4, 51.7, 52.2, 52.9, 53.5... - See more at: http://freecommodityanalysis.blogspot.in/2015/04/todays-calls-10-apr-2015.html#sthash.9B759zcE.dpuf
SL Changed to 50
RISKY BUYCrude at CMP 50.35, SL 50, TGTs: 50.60, 50.90, 51.2, 51.4, 51.7, 52.2, 52.9, 53.5...
8:43 PM IST
SMALL SL 50, BIG SL 49.5/49
11:38 PM IST
3rd Call: Buy Crude at CMP 51.3 or on dips between 51.00-50.50 if you get, Strict SL 50, TGT: 51.9, 52.3, 52.6, 53, 53.7, 54.8.
Positional SL 50/49.5/49
14-Apr-2015 Chart
Let us wait n watch how this progresses.
TRADE AT YOUR RISK. ALL THE BEST.
Thanks.
