Thursday, March 15, 2012

SGX NIFTY

I Think today's fall is good for tomorrow .  small ABC waves have been completed of totall impulse wave from 5200 to 5550 levels . Budget could be quity impressive as i think , may be AAM ADMI budget . so thats why here i am just looking for a good buying levels to add more position above 5550 levels tgt. could be 5750--5800 in near term then trying to a fall may be near 5000 or 4900

Wednesday, March 14, 2012

DOW , COMEX COPPERDOW

DOW
 At this time dow is making higher high pattern but i think we may see small bearish to complete of small 4th wave of 3rd wave. so thats why near 13300 levels dow may fall.

COMEX COPPER
Every body knows Corrective waves are difficult to analyse for further movement .  After touched near LME 8200 levels i was thinking to bounce back then fall to near 8000 levels in LME chart. But instead of that it is making 3 wave pattern , now we may see falling pattern to get profit booking but it should not go below 8200 levels or recent low. Breached  above recent high after got a correction without touching recnt low then TGT. could be 4.1 levels in LME

Sunday, March 11, 2012

EURUSD , SGX NIFTY

EURUSD
 A wave has been completed near 1.35 levels in 3 wave that means we may see 3-3-5 wave for further trend so thats why i think B wave should touch 1.26 levels in few days but before , here price line may go up to completing  small B wave of B wave then could see falling moment in 5 wave of small C wave of B wave  


SGX NIFTY
It has been bounced from near 5200 levels to my SL levels which is near 5400 , i think some kind of falling pattern should be there of entire rising pattern but shouldnot breached the recent lower levels and if it cross the 5400 after got small correction then nifty should be near 5600--5700 levels