New year Greetings.

As long as it stays below 55.25. the target is 51.20. Buying call invalid.

Back to work. Take pleasure in reconnecting to all.

I am on holidays, Merry Christmas and Happy New Year.

FOOT PRINTS ;

One night a man dreamed,that he was walking along the beach with the Lord,across the
sky flashed scenes from his life,for each scene, he noticed two sets of footprints,one
belonging to him and the other to the lord,,,,. When the last scene of his life flashed before
him,he looked back at the footprints,he noticed,that many times along the path of life,there
was only one set of prints,he also noticed that it happened at the very lowest and saddest
times of his life...

This bothered him and he questioned the Lord about it; " Lord,you said,that once I decided
to follow you,you'd walk with me all the way,but I've noticed,that during the most troublesome
times in my life,there is only one set of footprints,I don't understand why,when I needed you most,you would leave me."The Lord replied: 'My Son,I love you and I would never
leave you,during your times of trial,when you have seen only one set of footprints,
it was then that I carried you.

Fundamental call : Crude MCX buy 3590 and 3445 for target of 3921 or expiry

OPEC basket price since Dec 01

01-12-2014	66.44
02-12-2014	68.13
03-12-2014	67.31
04-12-2014	66.27
05-12-2014	65.32
08-12-2014	63.78
09-12-2014	62.33
10-12-2014	61.35
11-12-2014	60.50
12-12-2014	58.65
15-12-2014	57.92
16-12-2014	55.91
17-12-2014	55.64
18-12-2014	56.30
19-12-2014	55.52
22-12-2014	56.90

OPEC daily basket price stood at $56.90 a barrel Monday, 22 December 2014

Last few days price action indicates Crude oil has found its bottom around 55 $.

I advise my blog readers for trading clues to take buy calls around 55 - 56 $level and buy on dips.
The price action structure seems to facilitate the price to reach next level of 61- 62 $. My understanding is that selling for short term gains might prove otherwise.Keep long and buy on dips.

call correction: No stoploss, if prices fall again buy/ add another lot at 54.30.

Tuesday, 23 December 2014

Buy call : stoploss 54.30 buy at 56.60 target 62.00 or till expiry

Buy call : stoploss 54.30 buy at 56.60 target 62.00 or till expiry

I am looking at 62 in few days

MCX - weekly - R1 - 3610 , R2 - 3658 , R3 - 3705 , Support - 3469 , 3422

Weekly levels : 22/12 to 26/12

58.14, 56.25, 54.40, 52.56, 50.76.

Crude oil - buy 56.07 stoploss 55.43 target 57.75

dead cat bounce / speculative buying. Sell can be initiated if tries to cross 58

Trading range ; 59 is resisted ; 54.40 supported.

I wish 54.40 US OIL and 3.600 NG : support for next one month

Seems like 54.40 bottom concrete support established.

58.14 is key resistance, Will it break 54.40 ???

SL hit

Geopolitics of OIL - probable reasons for Oil free fall

The Financialist: What do you make of Saudi Arabia’s decision to sustain current levels of production despite a rapid deterioration in global oil prices?

Bruce Jones: Saudi Arabia needs relatively high prices for long-term fiscal and political stability. But they can weather a relatively low price for about 18 months because their unit cost of production is so low and they have large financial reserves.

Keeping oil prices low also achieves three things in the short term. First, it hurts Iran. Second, it damages Russia, which is payback for Russia’s support for Syrian President Bashar al-Assad. And third, it may slow down the rate of new U.S. production.

TF: Why take aim at Russia and Iran at this particular moment?

BJ: The Saudis confront two existential challenges. The first is non-state actors in Syria and Iraq. The second is the potential economic revival of Iran. The two countries have a long enmity, and Saudi Arabia recognizes that a vibrant Iran would threaten their regional dominance, as Iran has a much larger population and a better geographical position. The Saudis also worry the U.S. will weaken sanctions on Iran, and in the event that occurs, they’re putting pressure on the Iranian government through low oil prices.

- See more at: http://www.thefinancialist.com/the-geopolitics-of-oil-qa-with-bruce-jones/#sthash.PKQspYwn.dpuf

Target achieved. New call Sell 2 lots 54.40 stoploss 56.35 target 52.61 and 50.86

This is not a technical call as it ends at 56.25. But if we take fundamentals and demand-supply / inventory, Crude oil may test 54.45.

Having earned, risking something is usual.
I am initiating a sell call 56.70 stoploss 58.26 for target of 54.40

Target achieved. Happy christmas and New year

This blog will resume ideas after christmas and new year

From 112.30
50% retracement is 56.15,which
Crude can reach before christmas.

During Christmas Holidays, subdued production and enhanced usage,
inventories will be less, crude will consolidate. at 50% retracement level of 56.25,
This blog will resume ideas after christmas.

At this time, some of my calls have gone wrong, I sincerely apologize for
my mistakes / misreading.

Christmas and New year greetings to my beloved blog followers.

wish you all what you deserve at the earliest

Thanks to one and all.

Cheers.Enjoy.

Annadurai
H.P : +91 7598155789

Keep stoploss of 60.18 Sell 2 lots crude for target 1 - 58.19 target 2 - 56.31

Call given to subscribers.
First target achieved, on to  second target.

58.14 ????????

Personally I do not like to see oil below 61 for various reasons.Market may stabilize around 62 zone.and trade rangebound

My thinking on shorts are over. I will wait for the prices to consolidate around 63.00

Move stoploss to 62.92 and Exit all shorts around 61.50 - 61.70

Wednesday, 3 December 2014

Sell Crude 67.40 - 67.70 target 61.70 ( weekly chart target ) stoploss 69.74

Stoploss moved to 67.84

OPEC daily basket price stood at $66.27 a barrel Thursday, 4 December 2014

05 Dec 2014 | Vienna, 5 December 2014--The price of OPEC basket of twelve crudes stood at 66.27 dollars a barrel on Thursday, compared with $67.31 the previous day, according to OPEC Secretariat calculations

move your stoploss from 69.74 to 68.86

Book some profits around 65.95 - 65.85 if you have multiple shorts,

looking at 65.85

GOLD FUTURES buy on dips 1210 target 1227 stoploss 1199

Sell Crude 67.40 - 67.70 target 61.70 ( weekly chart target ) stoploss 69.74

GOLD FUTURES AND US OIL FUTURES STOPLOSS HIT, WILL WAIT FOR MY CLARITY ON PRICES FURTHER

previous sell call of Gold futures achieved. now clear Gold will not fall below 1140.

Buy Gold futures 1207  with stoploss of 1193 for target of 1224.

67.54 is now stoploss for longs

long call with stoploss 63.04 buy on every dollar drop from 67.95,66.95,65.95,64.95,63.95 has made good money