14-Apr-2014 5:30 AM IST
Market update:
Cmp 41.74$
Res: 42.46$
Support: 41.49/41.2$
Base support: 39.3$
Still res 42.46/.55 holds.
Made high: 42.39 till now.
As long as res holds, crude is in bear trend. Tomorrow's close will decide on the main trend.
No change in my views. Still I expect to see lower lows.
If crude breaks 42.46$, next 43.5/44$ can be seen.
Break of 41.49$ needed for sellers n break of 42.46$ needed for buyers.
For now, sl for any sell is 42.55$ strict.
13-Apr-2016 4:37 AM IST:
Crude broken all resistances and made high 42.23$ till now.
Upside all targets done at 41.5 n made high 42.23$.
Last res: 42.46$ but I don't think it will hold n sell view might fail.
So can exit sell at cmp 41.6 or on dips. No holding above 42.55$ strict.
Crude can fall after making new high. But as per my analysis, no holding above 42.46/42.55$ strict.
Now need to reanalyse this chart.
Alternate scenario on 19-Mar-2016
http://rajmarketresearchanalysis.blogspot.in/2016/03/crude-analysis-19-mar-2016.html?m=1
As per this scenario, we may see 43.4/44.5 above 42.46$.
12-Apr-2016
6:41 pm IST: Small sl 40.95$, big sl 42.55$
Crude done normal target on the upside at 40.7-40.9$, made high 40.89 till now.
Upside next target can be 41.5$
Can expect fall at anytime. Safe buyers can book profits now or on next high.
Thanks.
Can expect fall at anytime. Safe buyers can book profits now or on next high.
Thanks.
11-Apr-2016
My view still bearish. Cmp 40.44$
3.41 pm ist: Fresh sell can be at cmp 40.71$ or on next high, max sl 42.55$. Safe sell below 40.34/40.05$.
Any break of 42.55$, this view invalid.
10:06 PM IST.
Now, Crude safe sell is only below 39.24$ with max sl 42.55$.
High risky play can be at cmp 40.33 or on rise, with max sl 42.55$.
MCX cmp 2682, SL 2827 max.
Thanks,
Arockia.
Now, Crude safe sell is only below 39.24$ with max sl 42.55$.
High risky play can be at cmp 40.33 or on rise, with max sl 42.55$.
MCX cmp 2682, SL 2827 max.
Thanks,
Arockia.
[4/11, 15:47] KC Raj MMB: ACTIVE CALLS:
CALL 1:
[4/8, 8:41 PM] Arockia:
[4/8, 8:41 PM] Arockia:
My present view 08-Apr-2016:
Sell 2minis at cmp 2645, and add 2 minis between 2670-2680, 2700-2720, 2750-2770 if you get.
SL 2821 max.
Tgts: 2355, 2183, 2081, 1805, 1655, 1389.
View valid as long as 2821 holds.
[4/11, 15:47] KC Raj MMB: CALL 2:
[4/10, 10:41 AM] Arockia: BIG POSITIONAL CALL:
Sell 1crude mini AUGUST at cmp 2933/50, sl 3201, tgt 1389/999
Sell 1crude mini AUGUST at cmp 2933/50, sl 3201, tgt 1389/999
233 pts risk.
1544pts tgt.
1544pts tgt.
All the best.
[4/11, 15:47] KC Raj MMB: CALL 3:
Trade Idea:
1. Buy Zinc on dips with max sl 116, for 118 (hit 12-Apr-2016, high 119.05 till now), 119.3 (hit 12-Apr-2016, high 119.6 till now), 120.5(hit 12-Apr-2016, high 120.5 till now).
1. Buy Zinc on dips with max sl 116, for 118 (hit 12-Apr-2016, high 119.05 till now), 119.3 (hit 12-Apr-2016, high 119.6 till now), 120.5(hit 12-Apr-2016, high 120.5 till now).
2. Sell between 120-122, max sl 124.55, tgts: 115.6, 113.8, 112, 109.3, 107.3, 105.
2a. Sell below 115.6.
2a. Sell below 115.6.
3. Buy between 107-100, SL 96.55, TGTs: 124.3, 133.
3a. Buy above 124.55
3a. Buy above 124.55
This analysis is for Study purpose only.
Read Disclaimer if you want to trade based on this.
Read Disclaimer if you want to trade based on this.
[4/11, 15:47] KC Raj MMB: CALL 4:
[4/11, 10:34 AM] Arockia: Lead analysis 10-Apr-2016
Cmp 113.65
Res: 127.8/138.3
Cmp 113.65
Res: 127.8/138.3
As long as 127.8 resists, sell on rise between 120-124, max sl 127.9 for 102, 95, 83.