Friday, March 4, 2011

MCX Copper


EW pattern suggests 5th wave may be completed near 500 levels ,if u look on MACD that is not showing any negative divergence at this levels so we may see more uptrend pattern from this levels before big correction.

Thursday, March 3, 2011

Comex Crude oil


Crude has been started 3rd wave in longerterm chart so that means it may be touch 140 levels in the end of this year. but in midterm,shortterm i am very very bullish at this time.

MCX Copper


Recent breakout above the broadening formation indicates strong bull for the tgt. of 465 or more with sl 446

Tuesday, March 1, 2011

Monday, February 28, 2011

Comex Gold


Gold has been touched previous high which indicating bullish till the levels of 1520. so any short term correction will be good opportunity to taking buying position in midterm or ( buy GOLDBEES@ 2018 ---Gold ETF )

Wednesday, February 23, 2011

NIFTY


After completed 5 wave pattern and A wave , now its turn to B wave which may be near 5350 levels but ultimately C wave should be near 5750/5800 levels in 2 weeks (if sustain above previous low 5170 levels ) once break lower levels then we will see more more bearish pattern as i think.

so according to --longerterm--bullish, mid term ----bearish, shortterm---bearish ( but bullish above 5600 levels tgt. 5800) but be careful near 5800 levels.

Tuesday, February 22, 2011

Copper

Short copper @ cmp sl 450 tgt. 428 ( i think this fall pattern should continue )