Crude Positional View 29-Jan-2015

As long as 46.40/49.07/51.72 resists, I expect to see 43.8, [[43.20]], 42.53, 41.81, 41.09, [[40.7]], [[37.90]], 37.40, [[35.40]].

Trade Idea:
Sell Crude at CMP 44.6 or on rise between 44.8-45.35 if you get, with strict SL 45.8/46.7 for
43.8, [[43.20]], 42.53, 41.81, 41.09, [[40.7]], [[37.90]], 37.40, [[35.40]].

First I would like to see 44.10.

As long as 2870/2830 resists, I expect to see 2762, 2720/2703, 2686, 2614.
Other Targets: 2548, 2503, 2450, 2337.

Sell Crude at cmp 2772 or on rise with Strict SL 2875/2850 for the above targets.

Lead Positional View 28-Jan-2015

Lead Positional View 28-Jan-2015
Swing Low: 40.50
Swing High: 155.30

Retracement Levels: 128.20, 111.45 (done), 97.95, 84.45, 74.15.


As long as 128.40/140.75/155.30 resists, I am bearish.

Positional SL: 128.7.
Down side targets:
Retracements: 111.45, 97.95, 84.45, 74.15.
Level 1: 113.3, 108.35, 100.3, 87.4, 79.55, 76.3
Level 1a: 106.8, 93.85, 86, 73

Level 2: 107.75, 99.90, 95.1, 93.3
Level 2a: 108.05, 103.3, 95.5, 87.7, 82.9, 81.1, 75.2.

POSITOIINAL SELLERS STRICT SL: 128.7/118


Targets: 113.3, 111.45, [108.35], 108.05, [106.8], 107.75, 103.3, [100.3], 99.90, 97.95, [95.5], 95.1, 93.85, 93.3,  87.7, 87.4, [86.00], [84.45],82.9, 81.1,79.55, 76.3, 75.2, 74.15, 73.

Positional call: 16-Jan-2015

POSITIONAL CALL: CMP 2990
STRICT SL 3045,
POSITIONAL SL 3150. Tgts: 2807, 2760, 2686, 2505, 2405, 2305, 2200.

Cmp 47.50,
Sell at cmp, sl: 48.5/51.3
Tgts: 45.1, 44.4, n my positional targets.

Update: 17-JAN-2015:
-----------------------------------
[1/17, 8:44 AM] kacraj (mcx raj): GOOD MORNING FRIENDS!
[1/17, 8:44 AM] kacraj (mcx raj): Lot of confusions in crude
[1/17, 8:45 AM] kacraj (mcx raj): Now breakout levels: 45.00/51.25.
[1/17, 8:46 AM] kacraj (mcx raj): So, still no clear picture. Break on any side big move is awaiting
[1/17, 8:47 AM] kacraj (mcx raj): Break of 51.25, we will see BIGGER WAVE 4 (C - 5 wave move)
[1/17, 8:48 AM] kacraj (mcx raj): Which may target 55, 57, 60$
[1/17, 8:49 AM] kacraj (mcx raj): Break of 45, WAVE 5 which will target 41.5, 39, 37, 35$
[1/17, 8:50 AM] kacraj (mcx raj): It crude breaks 51.2, we can confirm that we have completed BIGGER W3, and we are in WAVE 4
[1/17, 8:53 AM] kacraj (mcx raj): Crude sellers who hold, plz read my views here. Now strict SL for any sell is 51.25$, for any buy strict SL 44.95.

Crude view 15-Jan-2015

As per my analysis, I am still bearish as long as 52.3/55.1 holds resistance and expecting 44.5, 43.8$.

Cmp 48.64, sell at cmp 48.64 or on rise with strict sl 49.8 for 44.5, 43.8 and my positional targets.

Update 11:56 am

As per my charts, actual targets on the downside are: 42.2/41.

This can be achievable, if n if only crude resisted by 55.1/57.54/59.02.

If the above levels resists, min downside target is 44.2.

For any move below 46.4$, I will be bearish again.

Now crude may go to 50$ n then it will come down as per my view.

Thanks,

All the best.

Today's update.

10:54pm
As per my view I am still bearish in crude and expecting new low.
One can go short in crude
NYMEX cmp 45.70, sl 46
Mcx cmp 2840, sl 2875

Tgt new lows. Will update tgts later n book at ur comfort if sl Safe.

NYMEX CRUDE ANALYSIS 12-Jan-2015

Resistances 1: 58.6/55.1
Resistances 2: 52.03-52.44/53.79
Resistances 3: 49.6/49.7

As long as Crude resisted by 49.6/49.7, I am bearish and expecting 47.13, 46.83 first.

Targets: 47.13-46.83-46.73-46.56, [[45.43, 45.04,]] 43.71, 43.25, 42.81, 42.75, [[41.55]], 39.26, 38.01, 36.35 33.20.

My Ultimate positional target 45.5-45.05.

Trade Idea:
Sell Crude at CMP 48.24 or on rise with Strict SL 49.7/52.6.
Targets 1: [47.2], 46.6, [45.5-45.1].
Targets 2: 43.8, 43.3, 42.9-42.7, [41.6], 39.3, 38.1, 36.35, 33.2.

Crude Analysis 8-Jan-2015

As long as crude resisted by 52.5/55.1, I expect to see min 46.9 again.
My other targets: 46.2, 45, 44.3, [[44.00-43.77-43.5]] 42.53, 41.12.
Still SELL ON RISE is my strategy.

Best Sell entry would be if we get 49.8-51.5.

For any sell strict SL 52.6/55.2.
For any buy Strict SL 46.7.


All the best.