MCX Positional Views 25-Oct-2015

[10/25, 8:21 AM] Arockia: Good morning friends!

[10/25, 8:21 AM] Arockia: Based on my monthly charts:
Crude heading to 2538, 2061, 1866

Alum heading to 91.3, 88.40

Nickel can move to 755 before next fall.

Copper heading to 291, 240.
Lead target 89 n more.

Ng going to 121

CRUDE ANALYSIS 23-Oct-2015

11-Nov-2015 - Update 

48.00-50.00/47.89 --> Hit targets 45, 43$.

04-Nov-2015 - Present View

8:41 AM IST
CMP 47.89

Main View:
Can Sell crude at cmp or on rise between 48.00-50.00, with max sl 51$ for downside targets 45, 43, 42.5, 41, 38..

Alternate view:
1. Sell NYMEX Crude at cmp 47.89, Max SL 48.40, TGTs: 47.00, 46.65, 46.40.
2. Buy Crude between 47.00-46.15, Max SL 45.5, TGTs: 48.3, 49, 49.5.
3. Sell Crude between 48.00- 50.00, SL Max 51$, TGTs: 45, 43, 42.5, 41, 38.

03-Nov-2015 - Present View

[11/3, 7:04 AM] Arockia: My present view on CRUDE 03-Nov-2015:

1. Sell on rise at cmp 46.30 with max sl 46.75 for 45.61, 45.15, 44.65, 44.15$.

2. Buy between 44.5-43.5, sl 42.45$ for 46.70, 47.6, 48$

3. Sell between 48-50$, sl 51$, tgt 42.5, 41, 38$.

All the best. 

Break of 50.91$ sell is invalid and can show 53$

Break of 42..57 buy is invalid and can see 41/38$.

But I am positionally still bearish.

MCX Chart

24-Oct-2015 10:10 AM IST

US OIL

As long as USO resisted by 15.31/16.20 I expect to see 12.37 first. Other targets: 14.12, [13.74], 13.37, 13.14, [12.77], 12.54, [12.37] n more. Further 11.66-11.20.

As you can see USO broken important supports 14.21/14.16.

23-Oct-2015 8:34 PM IST

Cmp 2937

Sell crude 2937 or on rise SL 3093, tgt 2489.

Best sell entry can be 2950-2990.

Targets: 2710, 2623, 2572, 2489.

This is based on my analysis.

TRADE AT YOUR RISK.

All the best.

NYMEX Crude

As long as Crude resisted by 50.91/47.48, I expect to see [43.46], 42.44, [41.80], 41.44, 40.55, [39.96], 39.62, 39.20, [38.28] n more.

Now for any positional sell, SL can be max 46.15/47.60(max).

MCX Crude

As long as MCX Crude resisted by 3074/3302, I expect to see [2710], 2623, 2572, [2489] n more.

For any sell max SL can be 3091.

ALTERNATIVE SCENARIO:

If 43.70 supports, we can see 50.90$/3277 again.

But, Still I am with Down move view.

This is based on my analysis.

READ DISCLAIMER BEFORE TAKING ANY TRADE DECISION.

ALL THE BEST.

THANKS.

Todays calls 05-Oct-2015

7:08 am IST:
Sell crude at cmp 45.66, sl 45.81, tgts: 45, 44.55.

Crude Analysis 01-Oct-2015 and 02-Oct-2015

Update 06-Oct-2015 - 6:21 PM IST

CMP 46.67
As long as 47.06 resists, I expect to see, 45, 43.89, 43.1, 42.62, 41.91, 41.44, 40.72.

 

 

 05-Oct-2015

Still I am bearish, my sl strict to 47.1/48.15$ max.

03-Oct-2015

Update: SL 45.72 TAKEN OUT. HIGH 45.78. Now need to reanalyse my chart. Thanks

02-Oct-2015

CMP 44.59

As long as crude resisted by 45.72/47.06 I expect to see 43.70, 43.28, 42.70, 42.35, 42.22, 41.77, 41.19, 40.54, 40.30, 40.04, 39.35.

Trade Idea:
Sell Crude at cmp 44.59 with max SL 45.80/47.10 (max).
Targets: [43.35], 42.2, [41.34], 40.10, [39.35].

Below 37.83, as per my positional view, I expect to see 34, 28, 21.

UPDATE 01-OCT-2015

As per my previous analysis, Crude done  45.36, 45.88, High 46.30.

25-Sep-2015: I expect to see reversal between 46-47.2, Can sell with max sl 48.1, if we reach the reversal levels.

 Present Chart and its targets:

Targets: 43.21, 42.34-41.9, 41.2 - 39.65, Now for any Sell SL 48.1

Previous Analysis 22-Sep-2015 to 25-Sep-2015 

http://rajmarketresearchanalysis.blogspot.in/2015/09/crude-present-view-22-sep-2015.html

Today's Calls 02-Oct-2015

02-Oct-2015 11:55 AM IST
Sell Crude between 45.80-46.6, best sell entry between 46.1-46.4, Strict SL 47.10, Targets check my positional targets.
http://rajmarketresearchanalysis.blogspot.in/2015/09/crude-present-view-22-sep-2015.html
 

MCX Zinc Positional View 01-Oct-2015

01-Oct-2015: 9:34 PM IST

CMP 110.60
Support: 105.20
Resistances: 115.70, 122.65, 134.05

As long as Zinc resisted by 114.65/115.70, 122.65, I expect to see 105.20 first.
Other targets: 105.20, [101.10], 99.3, [93.55], 90.3, [88.5], 84.70.

Update 01-Oct-2015

[10/1, 7:30 PM] Arockia: [10/1, 7:27 PM] Arockia: 9/23, 9:10 AM] Arockia: My view for the day:
Sell crude at market open or on rise, max sl 3163, single tgt 2957.

[9/23, 12:50 PM] Arockia: Crude sell can be initiated at cmp 3101, sl 3163, tgt 2958. STRICT SL. All the best.

Hit single target
[10/1, 7:28 PM] Arockia: [9/30, 10:44 AM] Arockia: Buy crude cmp 2964, sl 2919, tgts: 3001, 3048, 3081, 3110.

Hit upto 3081, high 3098
[10/1, 7:28 PM] Arockia: Enjoy dear friends.
[10/1, 7:29 PM] Arockia: Call 3: sell crude between 3080-3113, sl 3163, tgts: 2958, 2901, 2855, 2791.

[10/1, 7:29 PM] Arockia:
[10/1, 8:40 PM] Arockia: 1. 3101 -->> 2958-
2. 2965 -->> 3080+
3. Now 3080 -->> 2980.

Given sell level 2 days back, between 3080-3120 with sl 3163, anyone watched.