Saturday, January 8, 2011

Comex GOLD


Comex SILVER
Silver chart pattern is different from Gold pattern. Bearish Engulfing Candle suggests in weekly chart bearish .

Comex GOLD

After Huge rally it indicates down trend pattern may be started from this level for longer term in ABC pattern . so for the short term gold price has been crossed previous low which indicates short term fall . so at this time i think EQUITY market will run along with GOLD

Friday, January 7, 2011

MCX Nickel


Daily Nickel chart suggests free fall at this time after breakdown previous low so i think it should at least 1060 levels( strong support according Fibonacci ) .

EURUSD


EURUSD has been breakdown strong support 1.30 levels which is strongly indicates bearish in ahead till the levels of 1.15/1.10 levels , so be careful in equity market as well as commodities market

MCX copper

copper has been crossed previous low which is indicating for bearish one can go short @ cmp or above tgt. 407 levels in few days

Thursday, January 6, 2011

LME NIckel, Copper

LME Copper
after huge up ward movement now its trying to go up and up so i think buy above 343.5 sl 341.6 tgt. 446/451 levels but be care full near 350 levels
LME Nickel

after completed A wave pattern now its turn to B wave which is in 5 wave pattern as i think so buy above @ 1140 sl 1130 tgt. 1160/1200

Tuesday, January 4, 2011

NIFTY


nifty is trading above 6100 levels which is sign of Bullish so we have to just wait for small correction which is good level for buying at lower levels for the tgt. of 6400-6500 in mid of Feb.