Dow Transport avg., 10 year Treasury Note , MCX Lead

DOW Transport Avg.

10 year Treasure Note

MCX Lead

10 year treasury note indicates fresh bullish pattern has been started that means more bearish pattern may see on Dow Transport Avg. and MCX Lead indiactes 5 th wave has been started and may be completed near 85-86 levels which is good levels for adding more buy position for the longer term trend with sl 78. or wait for confirmation in pattern.

NIFTY FUT. 1hr. chart

NIFTY FUT.

At this levels i think if nifty cross 5333 levels so we should go buy but before it should not touch 5270 levels  then the Tgt. of 5400 levels . 

MCX COPPER

MCX COPPER Daily chart

MCX COPPER 1hr. chart

Copper did not touch below 380 levels and trading in trading range of 10 points so at this levels i think we should go to buy at this levels with sl 381 and Tgt. would be 406/409 levels . if the price line will be crossed 381 levels then we should go short for the tgt. of 365 levels. Daily chart indicates --- 2 long white candle are giving support and yesterday Doji pattern indicates bullish above 391.85 which is the high of Doji candle.

MCX COPPER

MCX COPPER

MCX COPPER 2

MCX copper chart is my previous prediction which i have told u about this trend , but recent chart is MCX Copper2 which indicates correction pattern may be ABC wave,  still i am not sure but we should have keep in mind about these two patterns . If recent fall will make to finished in 5 wave in the levels of 365 and any big bounce back or bullish candle pattern will indicate 2 nd wave that means bull has been started .

 In weekly chart Big white candle with high volume indicates copper should not close below 360 levels and onwards bull should continue . lets see.

COMEX GOLD, MSCI EMR ETF

COMEX GOLD

 Due to Euro problem Gold is a safe heaven investment as we know but at this levels i think we should look one more correction pattern near 1680 levels which will be the best investment levels for onwards and that will be the 5th wave of 3rd wave of the longer longer term pattern and Trend Line ,MACD  are giving support to go up up up.

MSCI EMR ETF

This ETF pattern looks like our Nifty pattern as i said before in Nifty's trend .

MCX Copper

After touched 400 levels in MCX , it indicates some kind of correction pattern as i told before. so at this time i am just looking for confirmation to go for selling after making consolidate uptrend pattern but should not cross above previous high (402.80 levels ).

1HR. NIFTY, MCX COPPER ,DOW TRANSPORT,USDINR

1 HR. NIFTY CHART

 Nifty's price line didn't cross the previous low and closed above lower trend line which indicates bullish signal for  completing of B wave till the levels of 4175-4200 . but i think we should be cautious at higher levels , may be 1st wave has been extended . Then it may be go up near 5400 levels

MCX COPPER

 Bullish candlestick pattern with higher volume signals bull may be extended near 380-385 levels in few days with sl 339 levels. which may be C wave as i indicated in chart of last wave of correction pattern. so we should have to wait for some kind of correction movement at this levels  ( may be good buying levels 345-51 ).

DOW TRANSPORT AVG.

 1st wave has been completed and B wave is continuing .

USDINR

I am very confused to Analyze the longer term trend of USDINR  but yes in short term i am sure we should look some kind of correction pattern till the levels of 47-48 after completed 5 wave .