Positoal Views of COMEX/NYMEX 21/22-Nov-2015

Gold 1077.14

Resistance: 1192$
Downside targets: 1065, 1031, 995, 969, 933, 903.
I expect Break of 1064 next fall.

Silver 14.14

Still my previous original view is in place.
http://freecommodityanalysis.blogspot.in/2014/10/comex-silver-view-26-oct-2014.html

Crude 41.57

Resistance: 50.92/61.27$
As long as crude resisted by 45.1/48.35/51$, I still expect to see my downside targets and expecting 40.1 first.
Further targets: 38.1, 36.90, 36.1.
Ultimate targets: 41.24, 31.1, 24.5, 22.1, 21$.

Copper 2.0323

Resistance: 2.4910$
Normal target done. Further targets: 1.9547, 1.8363, 1.6475.

http://freecommodityanalysis.blogspot.in/2014/10/comex-copper-view-13-oct-2014.html

Natural Gas 2.129

Resistances: 2.279/2.425/2.475
First target: 2.053/2.048, Further targets: 1.926, 1.888, 1.850.

Trade at your Risk. READ DISCLAIMER ALWAYS BEFORE TAKING ANY DECISION.
Thanks. All the best.

NYMEX NG Positional View 13-June-2015

24-Jun-2015 9:55 PM IST

CMP 2.773
Supports: 2.699/2.568/2.393
Resistances: 2.970/3.121

Swing Low: 2.393, High: 3.121
NYMEX Natural gas, reversed reversed exactly from 76.4% level.

Swing Low: 2.568, High: 2.970
Already NG retraced 61.8% level at 2.722. Further levels: [2.686], 2.671, 2.663, [2.607].

As long as NG supported by 2.568, 2.393, another bull move expected.

Targets are: 2.970, 3.103-3.121, 3.255-3.295-3.351, 3.572, 3.745.

Smaller targets are: 3.103, 3.121, 3.196, 3.255, 3.295, 3.351, 3.409, 3.465, 3.503, 3.572, 3.636, 3.745.

13-Jun-2015

MCX - Natural Gas Positional Analysis 13-June-2015

CMP 176.50
Swing High: 591.80
Swing Low: 99.50
Retracement levels: 216, 287, 345, 403(61.8%), 447, 475, 486, 591.80 (100%).

Based on Monthly chart,

 If you see the above chart, NG reversed from 61.8% (402.40) level nearly.


Based on Daily chart,
Swing Low: 155.40; Swing High: 198.20

 As per the chart, we have started up move from 155.40 and made low at 165.30. As long as 165 supports, we may see 198 again and further 208, [214], 218, 224, [234].


Based on 4-Hour chart,
Swing Low 165.30; Swing High: 187.
NG has done nearly 50% retracement at 176.30 already and other retracement levels are: 174, 172, 171, 169.

 If NG supported by 165,  and reversal from any of the above levels 1st target 187 and further 198.

More closed look at the 5-3 wave sequence. As per the below chart, we have completed the 5 wave sequence and we are in 3 wave corrective pattern.

 And in corrective pattern we are at the end of the move.


Trade Idea:
Can buy NG at cmp 176.50 or between 173-169 if you get, with max sl 165/164.50 for 187, 200+++.

 Targets:  [187, 198], 208, 214, [218], 224, [234], 240, 250, [255], 264, [267], 277.
Any break of 165/155, this view is invalid.
Also, need to watch USDINR movement.


DISCLAIMER:
"PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. You could lose all or more !!! I am not the responsible person for your INVESTMENT or TRADING RISKS. YOUR MONEY, YOU TAKE YOUR DECISION.  I am also a HUMAN BEING AND BOUND TO ERRORS."

NYMEX PREVIOUS ANALYSIS:
http://rajmarketresearchanalysis.blogspot.in/2015/06/natural-gas-positional-view-01-jun-2015.html
http://rajmarketresearchanalysis.blogspot.in/2015/05/long-term-positional-analysis-of.html

My View on Crude, Copper and Natural Gas 9-Jun-2015

5:55 AM IST
CRUDE: CMP 58.33
1. Risky buy crude at cmp 58.33, Max SL 57.80, TGTs: 58.7, 59.2, 59.76, 60.18-60.25.
2. Sell between 59.5-60.8, SL max 61.65, TGTs: 57.8, 56.89.

8:10 PM IST

6:26 AM IST
COPPER: CMP 2.6918
Buy Copper above 2.6970 or between 2.6800-2.6770, with Strict SL 2.6700 for [2.678], 2.6984, 2.6995, 2.7065, [2.7089], 2.7119, [2.7156], 2.7200, 2.7217, [2.7233], 2.7321, 2.7348, 2.7383.
Above 2.7383, copper Bullish and we may see 2.7563, 2.7676, 2.7861, 2.8411.

8:11 PM IST

6:38 AM IST
NATURAL GAS: CMP 2.688
Risky Buy NG at cmp 2.688 or on dips between 2.640-2.600 if you get with SL 2.560/2.385 (max) for 2.739, 2.840, 2.900, 3.017, 3.121, 3.289, 3.399, 3.468, 3.572, 3.745, 4.022, 4.089, 4.262, 4.297, 4.473.

8:11 PM IST

Natural Gas Positional View 01-Jun-2015

CMP:  2.601.

As long as NG supported by 2.393, I expect to see 2.760, 2.965, 3.121, 3.292, 3.399, 3.570, 3.849, 4.300 positionally.

View valid as long as 2.393 supports.
For any buy max SL 2.390 strict.
Previous Analysis: http://rajmarketresearchanalysis.blogspot.in/2015/05/long-term-positional-analysis-of.html

MCX Natural Gas NG Positional View 20-Nov-2014

Based on My Analysis,
If NG supported by 243.60, I expect big up move and targets are: 279.1, 293, 301-306, 316-321, 329, 341-344.

Based on my Daily chart and retracement view, If NG supported by 217.60, I expect 260.6(done), 287, 309, 331, 348, 362, 402.4 (100%).

Based on H4 chart, If NG supported by 256.90, I expect 279.10 again, and other targets: 280, 282, 286, 289, 291, 295.

Based on my 1H chart, If NG resisted by 280/278.1 I expect down side correction. Downside targets: 271, 268.5, 267.7, 265.6, 263.6, 261.8, 256.90(100%).

Any move below 256, I am bearish and I will be reanalysing my chart.

As of now my stragey is BUY ON DIPS for big target.

Before I post my charts, NG done it's downside target upto 271.

Buy NG at these levels (271/270, 268.5, 265, 263, 261) with strict stop loss 255. Best entry would be between 266-261.

MCX Natural Gas Positional View 18-Aug-2014

As per my analysis, if 246.80 restricts, positionally, I expect Natural gas to move downward.
Down side targets are: 224.40, 220, 216, 211, 208, 197, 129, 172, 165, 162.

NYMEX Natural Gas Positional View 18-Aug-2014

If NYMEX natural gas restricted by 4.032, we may see 3.677, 3.646, 3.509, 3.345, 3.237, 2.875, 2.811 Positionally. Reversal from any of these levels will start a new impulse up move.

Natural Gas 12-Aug-2014 Call Update

12-Aug-2014 10:27 AM
Sell NG at cmp 244.60 or between 245-246, Strict SL 247, TGT 243, 239, 237, 235, 233.
ALL TARGETS DONE.

Positional Calls Update

NYMEX Crude

14-05-2014 09:27: Targets for BULLS. ie., 100.4, 101, 101.4, 102.18, 102.65, 103.35, 103.93, (Achieved) 104.98, 105.21, 110.50, 112.09, 129.48, 132.49.

MCX Crude

12-05-2014 10:00 and 14-05-2014 05:16: If 5973, 5962, 5933 holds support, up move is in track. Upside targets would be 6194-6202, 6227-6241, 6335-6339, 6414, 6549. Immediate upside target would be 6093-6105.There may be pull backs. NOW as long as 5930 holds support, buy on dips is the strategy. I am in buy from 5978.

http://freetradingcallss.blogspot.in/2014/06/crude-positional-call-given-on.html

MCX Natural Gas

27 May 2014

If 253.40, 254.10 holds support we can see NG upside move. Targets: 262, 263.21, 268.7, 272.43, 278.16, 281.74, 286.86, 293.45.

Now, the entry should be on pull back towards 255-258 with strict SL 253.

http://freetradingcallss.blogspot.in/2014/05/ng-positional-view.html

USDINR

4 June 2014

If 61.19, 63.88 resists, we can see down move. Downside targets are: 57.73, 56.60, 56.08, 53.76.

Based on this view, currently wave b correction is in place, if 58.34 holds support, we will see 59.43, 59.76, 60.35 and max 61.19.

It should not go above to 61.19. If it crosses 61.19, then next resistance is 63.88.

http://freetradingcallss.blogspot.in/2014/06/usd-inr-view-4-june-2014.html

MCX Nickel

8 June 2014

I expect Nickel to move down upto 1080-1045. And from there I expect a strong reversal, which targets minimum 1280. Next targets on the upside are: 1327, 1500+. Stop loss can be determined once the reversal starts.

http://freetradingcallss.blogspot.in/2014/06/nickel-08-june-2014.html

MCX Gold

 Gold View 13-June-2014

As per my analysis, if 25755 holds support, we may see 26932, 27660 positionally. The main trend of Gold is Down as per my analysis. This up move is just a retracement. This view will be correct if and if only 25755 holds support.

 http://freetradingcallss.blogspot.in/2014/06/gold-view-13-june-2014.html

Positoinal NG - Natural Gas View 11-June-2014

Positional Natural Gas View 11-June-2014

NG VIEW FAILED. RETRACEMENT IS NOT YET COMPLETED. NEED TO WAIT FOR THE COMPLETION. BUT SL 268 WAS NOT TAKEN OUT YET.

Expecting down move targets 267.5, 265.5, 264.3.


As per my analysis, wave 2 correction in NG completed at 268.80.

Trade Idea:
CMP 269.30.
Buy with STRICT SL 268.50/268. Targets:
288, 310, 328.
280, 297.

Minor/Major Target Levels: 280, 284, 288, 293, 297, 310,  317, 328.


This is positional View, intraday, short term calls will be generated from this positional view.
This view is valid as long as, 254.10, 253.40 holds supports.


If down move continues, retracement levels are: 267, 264, 261, 254.50.

Previous Positional View Posted on 27-May-2014

Natural Gas View - 5-June-2014

Natural Gas View as on 5-June-2014.
I expect strong uptrend in NG, and my targets are: 284, 287.
Supports are: 274, 272, 266, Base supports are254, 253.

Positional View Given on 27-May-2014
http://freetradingcallss.blogspot.in/2014/05/ng-positional-view.html

Intrday Calls 5-June-2014

Test Calls.

Buy Crude cmp 6073, SL 6050, TGT 6104, 6139, 6154, 6175 - SL HIT.
Sell NG cmp 276.8, SL 278, TGT 273, 269 - Sell Failed. Made nearly 100% retracement and low was 272.2. Sell 1st target achieved but before that SL hit.
Buy Alum cmp 108.1, SL 107.5, TGT 108.65/109/109.3 - Target Achieved.


Sell Alum at 109.1-109.30, SL 109.80, TGT 107.60, 106.30. Entered at 109.1.

Intraday Calls 5-June-2014 - PreMarket

Premarket Strategy 5-June-2014

Natural Gas:
If 277.5 resists, we may see 273, 269.

Crude:
We may see some down fall towards 6085. If that happens, we can buy with stoploss 6055, targets: 6100, 6139, 6154, 6175.

Aluminium:
Support: 107.50 Resistance: 109.80.
Trade Idea:
Buy between: 108.10 - 107.9, SL 107.5, Target: 108.65/109/109.3
Sell between 109.00-109.3, SL 109.8, Target: 107.6, 106.9, 106.30

Copper:
If and if only 405 supports, we may see a big rally.
Support: 405
Risky trade: Buy between 406-406.5, SL 404.5, Target: 407.6, 408.8.
If 405 holds support, positional target are: 415, 418, 422 and above.

NG Positional View

If 253.40, 254.10 holds support we can see NG upside move. Targets: 262, 263.21, 268.7, 272.43, 278.16, 281.74, 286.86, 293.45.

Now, the entry should be on pull back towards 255-258 with strict SL 253.