Showing posts with label naturalgas. Show all posts
Showing posts with label naturalgas. Show all posts

Thursday, 20 November 2014

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.

Monday, 18 August 2014

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.


Thursday, 14 August 2014

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.

Tuesday, 17 June 2014

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.

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.

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.

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.

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.

Wednesday, 11 June 2014

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