Thursday 16 June 2016

MCX BMs Views



[6/10, 7:00 PM] Arockia: Lead positional analysis 10-Jun-2016
Cmp 115.75
Res: 116.4/118.1

As long as above levels resists, i expect to see 113.8/112.8/112.1/111.1/110.55
Risk takers can enter at cmp with sl 116.4/118.1 max.
Best sell entry would be 116.3-117.5 if u get.
Ur money n decision is urs.
Thanks.





[6/10, 7:30 PM] Arockia: MCX: Copper Analysis 10-Jun-2016
CMP: 300.40
Resistance: 318.

As long 318 resists, I expect 291.5/283.65/279.9/270.9/265.7/256.7/251.




[6/10, 7:30 PM] Arockia: MCX: Nickel Analysis 10-Jun-2016
CMP 597.80
Supports: 556/549/517
Resistance: 646

As long as Nickel supported by the above levels, I expect to see 646 first. Further we can see 654/670-677, 691-699, 714-717, 728, 744, 762.




[6/10, 9:40 PM] Arockia: MCX: Alum Analysis 10-Jun-2016
CMP 105.3
Resistances: 107.9/111.6
Support: 102.3

As long as the above levels resists, I expect to see 102.3 again.
Further targets: 102, 98.6, 98, 96.5, 95-94.8, 93-92.8, 91.55.




[6/11, 9:35 PM] Arockia: Weekly Analysis:
If crude closes below 48.89, highly bearish.

Early signs:
1. Weekly candle is gravestone doji.
2. Closed below MA 89.

Confirmation will be in coming week.

As of now, need to watch. No positional trades.

Now res is at 51.65$. Sellers sl max 51.65$ if u want to trade.

My targets: 47.3/45.55/43/41.55 if 51.65$ resists.

Min tgt done at 49.3$. Next small tgts can be 48.55/47.3$.

NOTE: THIS VIEW IS VALID AS LONG AS 51.65$ RESISTS.

[6/11, 9:39 PM] Arockia: Seasonality reversals:
May-Jun OR Aug-Sep TO Feb - BEARISH.
Jan-Feb To May-Jun OR Aug-Sep - BULLISH.

YEARLY

BUY IN MAR N SELL AT MAY/JUN

SELL IN JUN OR SEP N BUY AT DEC/JAN