NYMEX crude jan CMP 36.30

NYMEX crude jan CMP 36.30):  From  the  above  daily  chart  of  Nymex Crude,  we can see  prices  took the  support  of (T1)  trend line  at  34.53 levels  and bounced sharply.  In  MACD  indicator  we can  see  a positive divergence  where it  has made  higher  lows  and  prices made  lower  lows  in  the  same period of time, which signals  a  short  term  bounce  in  prices.  The  higher  end of  the  falling channel  is  around  43/44$ levels,  which  will act as  strong  resistance  for  the  short  to medium  term.    Meanwhile  prices  still  remained below  the  21 (EMA), which comes  around 39.60  and when it  comes  to  MACD  the  moving averages  are still below  the  zero  line  suggesting bearishness.  Only  a cross  above  the  zero line  would  indicate bullishness in prices.  Favored  view  NYMEX  Crude  Jan:  From  the  above  analysis  we  suggest  buying  around 36.30/35.60  $ range  for  the  targets  of  40.50 and 43.50  $, with a  stop loss  of  32.30  on  a  daily  closing basis.  Only a  break above 43/44 $ levels we could see the rally to continue towards the levels of 48 and 50 $. Daily  Report  –  Equity In  MCX  Crude  Jan  (CMP  2500), we  suggest  buying around  2500 followed by on  dips  to 2470 and  please follow stop loss  according to NYMEX level given above and for the targets also follow NYMEX.

comex gold cmp 1070$ will it kiss 2000$????

 COMEX GOLD FEB CMP 1070 : FROM THE ABOVE WEEKLY CHART WE CAN SEE PRICES ARE MOVING IN A CHANNEL FROM THE PAST TWO YEARS AND RECENTLY PRICES HAVE TAKEN SUPPORT AT THE LOWER CHANNEL (TI) AND PRICES ARE BOUNCING HIGHER AFTER MAKING A LOW OF $1051.1 IN MACD ALSO WE CAN SEE THERE IS A POSITIVE DIVERGENCE IN MAKING WHICH COULD GET CONFIRMED ONCE PRICES MOVES ABOVE $1100. FROM JUST FOLLOWING THE CHANNEL, WE GET A TARGET OF UPPER CHANNEL, WHICH IS AROUND $1200. ONCE PRICES CROSS THIS YEAR’S HIGH AT $1308 WE CAN SAY PRICES COULD GO TOWARDS 1550 IN LONG TERM AND IT COULD HAVE A POTENTIAL TO MAKE A NEW HIGH TOWARDS $2000 ALSO. FROM THE DAILY CHART ALSO WE CAN SEE A POSITIVE DIVERGENCE IN MACD WHICH HAS BEEN CONFIRMED AND ALSO THERE IS AN ENDING DIAGONAL PATTERN WHICH PRICES HAVE BROKEN ON THE HIGHER SIDE SO IN TERM WE COULD SEE A BOUNCE HIGHER TOWARDS $1140/$1150 ZONES.




VIEW:- FROM THE ABOVE ANALYSIS WE SUGGEST TO BUY COMEX GOLD AT CMP 1070 FOR SHORT TERM TARGET AT $1140--$1150 ZONES AND FOR THOSE WHO WANT TO TRADE FOR MEDIUM TERM TP LONG TERM THIS COULD BE THE RIGHT TIME TO BUY FOR TARGETS OF $1200,$1300,$1550 AND $2000.FROM INVESTMENT PRESPECTIVE, ALSO GOLD LOOKS A GREAT BUY FROM CURRENT LEVELS, RISK FOR THIS VIEW WILL BE AT A CLOSE BELOW 1050 OR IF ANYONE CAN KEEP A BIGGER STOP, THEY CAN KEEP AT A CLOSE BELOW 1000. IN DOMESTIC MARKET, ONE CAN BUY GOLD AT CMP 25400 AND FOLLOW COMEX LEVELS FOR STOP LOSS AND TRAGETS GIVEN ABOVE. AT CURRENT LEVELS, THIS STRATEGY MAKES A GOOD SENSE BECAUSE OF FREAT RISK TO REWARD RATIO AS WE ARE RISKING $20 FOR A SMALL STOP AND EVEN IF WE KEEP A BIGGER STOP IT COMES TO AROUND $70.



WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!