NIFTY

Near 5600 levels nifty is showing Double top as well as crossover in 50 & 200 MA in daily charts indicates fresh bearish mode may be happened with sl 5620 tgt. 5360 and below 5280 tgt. wil be 4800/4500 in near term

so better to add fresh shorting position instead of buying position at this levels with sl 5620 .

And one more thing i want to say ,if u look on nifty weekly chart near 6300 levels which is showing double top that means future trend may be worst than before .

MCX Copper

Copper priceline has been touched previous low & H&S pattern are indicating bearish from this levels to 410-407 so any bounce back to get opportunity to creating short position.

NIFTY

USDINR

NIFTY

As i told before nifty should touch 5800 levels , now nifty is trading near 5550 levels which is showing uptrend on 1hr. chart till the levels of 5650-5800 . But ultimately it should come down below the previous low according to daily chart on the basis of 5 wave impulsive pattern

DOW Transport

DOW transport indicates upward still alive and 5th wave may be completed above the previous high before big correction.

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.

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