COMEX CRUDE , COMEX GOLD, SPX

COMEX CRUDE

 Crude has been achieved my previous TGT. near 110 levels . but at this time i am just looking for lower rising trendline which is giving support if it breaks after small pull back rally then we could see near 90 levels in short term to compeleting of entire ABC wave pattern . if not then could see rising pattern after got support near lower rising trendline . But according to Commodity charts, equity charts are indicating it should touch 90 levels.

COMEX GOLD

 Gold chart indicates very very interesting pattern . But i think it should be bottomed near 1650 to 1670 levels due to completed ABC wave as i think . if it goes above 1790 levels then could see 1880 or 2200 levels in very few days.

SPX

Equity market looks very strong due to 5 wave pattern .and i think price line should take action in ABC wave mode which is corrective of small 3rd wave impulse wave pattern then could see rising pattern.

NIFTY , COMEX COPPER

Nifty

 

 

I think nifty should touch near 5000 levels in 5 wave pattern to completing of 4th wave then may touch near 5600 levels after got confirmation for uptrend . But at this time 5400 level indicates as a strong resistance point for bearish pattern 

 

Comex Copper

Free fall pattern indicates bearish should countinue till the levels of 3.60 or in LME near 7950 levels

Dear Visitors

Dear Visitors,

                   i am giving thanks to all of u for regular visit this site whether u buy or not it's totally upto u but sorry to say u that ,Now onwards i may not be able to forward shares and commodity information as a regular posted before . Because i left this job where i was in so thatswhy i don't have any software to analyze about market information .

 But yes i may post buying or selling information without any chart when i will get to take good opportunity .

Thanks to all of u .
     

Nifty spot

At this levels i am getting some kind of  confusion which is Nifty's movement. U can buy in  Nifty after price breached above 5390  with SL 5300 for the Tgt. of 5500--5550 levels .

 After A wave completed near 5270 levels as i posted yesterday , now B wave should be in 3 wave where small A wave has been completed and small B wave may be completed near 5300 levels or may see one or two days falling pattern below 5270 levels then could see C wave rising pattern near 5550 levels . But before buying ,confirmation should be needed so thatswhy i am just waiting for taking action above 5390 or near 5260 levels .

NIFTY SPOT 1 HR. CHART

I think Nifty should go up near 5500 to 5550 levels to complete of B wave then could see downfall pattern near 5200 levels . whatever buying position SL should be near A wave as i indicated in chart.

Comex Copper

I think copper should touch 4.1 levels in Comex and in LME near about 9050 levels then could see corrective pattern in ABC mode with sl 3.77 in Comex

NIFTY SPOT

As we know that Nifty is making HH to HL and it's trading near about 5600 levels . According to fibonacci analysis 5650-5700 is strong resistance point so we have to stay in cautions at this levels to add fresh position . According to my point of view A wave is not  still completed  yet so we may see some kind of falling  moment to completing of 5 wave pattern near 5700 levels then most probability to see a profit booking or downfall pattern at higher levels as i indicated in chart .

 I am not running behind the Nifty's trend but looking for a good opportunity to add buy or sell position. but yes when i will get opportunity after completed 5 wave of A wave then i will do short for the TGT. of not sure may be 4900 levels and waiting for negative divergence in RSI daily chart.  

U can see --BHEL (TGT.380-390) , INFOSYS-- (TGT. 3260) , Hindalco--- buy near 135-140