MCX Nickel

still Nickel is in uptrend pattern where others base metal in downtrend pattern as i think so it may touch 1220-50 levels in ahead

MCX Copper ,Comex Gold

Comex Gold

as i told before gold has been turned in downtrend pattern so we may see some kind of selling near 1st support levels

LME Copper Daily chart

MCX Copper daily chart

MCX copper chart shows bearish according to EW method as well as high volume in yesterday falls ,negative divergence in MACD .

Shangai Index

According to Shangai Index chart pattern indicates bearish from near 2750 levels to 2500 levels which is the the strong resistance

NIfty 1HR., Reliance

Nifty 1 HR.

i think this is the last fall according to EW theory as well as other indicators also so i would be suggest to buy @ CMP sl 5620 tgt. 5810/5940

Reliance weekly

This weekly chart is trading in a range which i indicated in above chart so at this time i think it may be trading in the range from 900-1040 levels .