GOLD FUTURES 1120 imminent

nifty november

If i am asked about crude oil for next 12 - 15 months, I would say till 2016 june, crude oil will trade between max upside of 88 $ and bottom 69 $

The ideal scenario to make money in crude oil is to short heavily around 88 levels.

As written earlier, Gold interplays stocks surge and correction and it has nothing to do with its own supply demand inventory

DJIA profit taking down to 15855 and pull back, money moves in and out of gold futures,
I had a view written earlier Gold will not get past 1250 and my downside targets are sub 1100 still remains valid,

crude consolidating the support

NG entered clear buy

Oil will pull back to 88-89 $ max., initiate a buy at the exit price of 78.20

My Dear Blog Readers, exit all your shorts at 77.90, I am following continuous chart,Investors and Traders exit as per their contract with the difference.

For few months crude oil will not trade above 82

june 2016. why this month going to be special on looking at Nifty

DJIA

DJIA CHART with my tools of forecasting. No explanation required, you can easily read the chart.

DJIA - When I employ my favourite tool on the chart, I find DJIA is moving towards next target of 18225.

One can go long with a stoploss of 15340.

Review: DJIA made a low of 15855 and pulled back.Is it a correction or downside ? No down side, it is profit booking.

Sunday, 12 October 2014

DJIA - PullBack seen at 16100, but not buying opportunity

As expected NG is falling, Oil looking for support and pullback from 80 levels.When the speculators lose hope,Oil will slide again to my target of 70.

TCS

INDIA NIFTY

no new ideas. looking for the downside targets for Oil and Gas

NG has broken the support level 3.72. I dont know seasonal play still exists. May be it touch my lower target and rise again for the season.

Gold hit 1250 stoploss. Still I wont buy,DJIA,USD selling and Crude oil supporting Gold.That doesnt mean we have to buy Gold.Gold will follow suit and think of 1050 $.

Nifty bounce seen at 7565 spot

Nifty india top out and crash at 10940

NG will slide and land at 3.140 once it breaks 3.72

nothing to write today. Crude oil moving fast towards my target of 70 (68.75) and NG will slide once it breaks 3.72 ( 0.618 retracement)

3.720 the .618 retracement though held for 12 weeks,no bullish sentiment prevailing.

At this juncture we have to wait for its break 0.618 retracement 3.70

NG - bullish sentiment decreasing and bear sentiment increasing.In these circumstances, we have shed our seasonal play and look for previous low.

3.35 is the target if it breaks 3.720 is the level I short.
Sell at 3.720 for the target of 3.35 and 2.875.

Natural Gas - exit the call.Indications are it will follow Crude oil.

DJIA - PullBack seen at 16100, but not buying opportunity

GOLD - Sell at CMP

I see an opportunity to short Gold as wave 4 completed and failed to reach bottom of previous wave 5
Target 1153.
Stoploss 1250( which was the high of previous wave 5)

crude oil is under immense bear pressure that it targets which I myself cannot believe. Do you know the prices bear pressure looking for ?

70$. Until and unless this ISIS war ends and positive news flows. I am extremely bearish and will short again at 88$ levels.I will not buy Crude unless bull sentiment appears.

Exit ur shorts in Crude Oil and wait for next clear call.I expect pull back to 88 levels,short again at those levels. Call closed,

BUY one more lot NG at 3.890 and maintain same stoploss, revise stoploss to buy price of Crude

NG buy triggered at 4.003

crude oil sell triggered at 90.20,

For Indian Followers:

Buy State bank of India cash at 2270 for target of 3200
Buy L & T cash at 1370 for target of 2020
Buy Tata Steel at 435 for target of 663.
Buy ONGC at 382 for target of 544

US OIL - TRADE ADVICE FOR EXECUTION : SELL AT 90.20 STOP LOSS 92.76 TARGET 80.90 will reach in Jan contract

NG - TRADE ADVICE FOR EXECUTION : BUY AT 4.003 STOPLOSS 3.783 FIRST TARGET - 5.063 will reach in Jan contract

buy one lot NG and sell two lots Crude in next month contract,The Idea is NG shows a buy in weekly and daily chart for target abv 5.000 whereas Crude shows a continued sell towards 78.00 in daily and weekly charts. Risk could be zero,reward could be satisfying trade. entry and exit points are available on request

Buy NG at 3.67 stoploss 3.345 look for a big target 5.090 and will reach in December contract

DJIA - CHART, MACD X'OVER, TRENDLINE RESISTANCE,WAVE 5 CLOSE, I LOOK TO SEE 13000.

NG - MACD X'OVER show a BUY

SILVER - Approaching the bottom. initiate a buy around 15.600 for target of 21.500

Natural Gas - It is quite amazing that NG price 3.700 held (0.618 retracement of 6.493 for ten weeks, since JULY contract).I would like to initiate a buy at current price with a stoploss of 3.65, first target at 5.300

Gold - As per my earlier post looking to get temporary support at 1174, but eventual bottom is 1018,where you can buy

Gold REVIEW

Target of 77.80 is 61.8% retracement of previous high 147.20, short and rollover the contract till jan 2015, no stoploss is needed

NEXT TARGET 77.80,WILL REACH IN JAN 2015. NO BUY IS ADVISED,

my downside target reached