BOOKED CRUDE AT 2784
cAPACITY TRADERS HOLD CRUDE BUY CALLtgt 2822
Long term : Can hold crude buy call till 3400
cAPACITY TRADERS HOLD CRUDE BUY CALLtgt 2822
Long term : Can hold crude buy call till 3400
Friday, 30 January 2015
Gold and Silver are expected to fall today again....check for Sell signal...But sell only below yesterday's low......
Gold TGT 27200....but Check 27412 level....gold may or may not reverse from there....TRADE WITH STRICT SL
If fail to break today's low then it may stay bit up......
Safe traders stay away today from trading since market will be volatile today also...
Buy in next contract......
If fail to break today's low then it may stay bit up......
Safe traders stay away today from trading since market will be volatile today also...
Buy in next contract......
Thursday, 29 January 2015
Gold and Silver Alert: Long positions....dont get panic of this fall.....as told earlier retracements are not avoidable....Long term investors hold on long positions...
those who are in short positions please book all short positions today by 11 PM
Today we can see reversal in Gold and Silver (up side movement) after some more retracement
Buy Gold at 27650 and more 27550 if it comes.....or buy above 27800 on rise
Buy Silver at 38900 and more 38770 if it comes.....or buy above 39200 on rise
SILVER SL HIT @ 38600 we will buy again on rise at 38910.....Now we sold at 38600...for intraday
Buy Silver at 38900 and more 38770 if it comes.....or buy above 39200 on rise
SILVER SL HIT @ 38600 we will buy again on rise at 38910.....Now we sold at 38600...for intraday
Wednesday, 28 January 2015
Crude may drop till 2764....buy at that level....
Sell crude @ 2882 TGT 2764 ....or Buy Crude @ 2764 TGT 2862....Whichever comes first
We may see some retracement in GLD and SILVER today.....Those who are holding buy positions, dont panic.....overall gold and silver is still strong....
Gold may go till 27977 and then come down...Silver may go till 39690 and then retrace...
Copper
As told stay long above 340....since trading below 340....we may see tgt near 332-322....but capacity traders can keep buying....other buy either above 340 or 332-322 region...any time we may see REVERSAL.....any doubts call me
Saturday, 24 January 2015
Commodity Overview for 27 Jan - 30 Jan 2015
Graph will be available on request (Free...No charges)
Gold : Gold may continue its retracement till 27630-27621-27500.....then from any of these levels (mostly at 27621) we may see continuation (reversal) till 28400-28499 levels and then 29120+....
Overall Gold is very strong above 26000 and uptrend will continue for coming months but retracements in between can be seen....Long term investors may hold long positions till 42000+
Silver : Silver may continue retracement till 39400-38900 levels....it will reverse between these levels and continue its up run till 42000+ levels....
Overall Silver is strong in long term .......investors can hold thir long positions for TGT 112000 + levels ....
FOR BASE METALS READ FOLLOWING LINK.....
ALL BASE METALS HAVE REVERSED ALREADY.....BUY ON DIPS....READ
SL IS PROVIDED IN THE LINK
http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html
Copper: Copper has formed double bottom on daily chart at 340 level....keep buying above 340 and stay long ....we may see 375-393 soon....
Long term investors above 340 stay long for TGT 540+
Lead: Stay long above 111....or keep buying below 111.....TGT 126+....
Long term investors keep long positions for TGT 133,144, 175+...
Aluminium: Stay long above 112 level for TGT 118....If Aluminium is sustained above 112 during next week then we may see new highs in coming months.....
Below 112 we may see aluminium retesting 107 level again and forming double bottom which is again reversal sign....
Long term investors may hold their long positions for coming months....
Zinc: Stay long above 127.....keep buying on rise above 127....TGT 139+....
Long term investors keep accumulating till 124 with SL below 124 on daily closing basis....for TGT 172+
Crude : Stay long above 2800 for TGT 3120....if sustain 3120 then 3450+....we may see reversal from or near 3470....If 3470 is sustained on weekly closing basis then we may say that crude has reversed and heading to break previous high.....
Below 2800 on daily closing basis can expect TGT near 2550-1700....trade with strict SL.....
But Crude is looking very strong.....and might have reversed and started up trend.....but closing above 3450 will confirm the same....
Ng: We may see sideways moments in NG during this week....sell below 186 and expect TGT 155-154...there will be chances of NG going above 186 .....but when it comes down again, keep selling below 186...
Gold : Gold may continue its retracement till 27630-27621-27500.....then from any of these levels (mostly at 27621) we may see continuation (reversal) till 28400-28499 levels and then 29120+....
Overall Gold is very strong above 26000 and uptrend will continue for coming months but retracements in between can be seen....Long term investors may hold long positions till 42000+
Silver : Silver may continue retracement till 39400-38900 levels....it will reverse between these levels and continue its up run till 42000+ levels....
Overall Silver is strong in long term .......investors can hold thir long positions for TGT 112000 + levels ....
FOR BASE METALS READ FOLLOWING LINK.....
ALL BASE METALS HAVE REVERSED ALREADY.....BUY ON DIPS....READ
SL IS PROVIDED IN THE LINK
http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html
Copper: Copper has formed double bottom on daily chart at 340 level....keep buying above 340 and stay long ....we may see 375-393 soon....
Long term investors above 340 stay long for TGT 540+
Lead: Stay long above 111....or keep buying below 111.....TGT 126+....
Long term investors keep long positions for TGT 133,144, 175+...
Aluminium: Stay long above 112 level for TGT 118....If Aluminium is sustained above 112 during next week then we may see new highs in coming months.....
Below 112 we may see aluminium retesting 107 level again and forming double bottom which is again reversal sign....
Long term investors may hold their long positions for coming months....
Zinc: Stay long above 127.....keep buying on rise above 127....TGT 139+....
Long term investors keep accumulating till 124 with SL below 124 on daily closing basis....for TGT 172+
Crude : Stay long above 2800 for TGT 3120....if sustain 3120 then 3450+....we may see reversal from or near 3470....If 3470 is sustained on weekly closing basis then we may say that crude has reversed and heading to break previous high.....
Below 2800 on daily closing basis can expect TGT near 2550-1700....trade with strict SL.....
But Crude is looking very strong.....and might have reversed and started up trend.....but closing above 3450 will confirm the same....
Ng: We may see sideways moments in NG during this week....sell below 186 and expect TGT 155-154...there will be chances of NG going above 186 .....but when it comes down again, keep selling below 186...
Thursday, 22 January 2015
Crude : Till Crude is trading above 3010 on daily closing basis....stay on buy side....
If we get closing above 3010 for 3 days.....then stay on buy on dips.....Crude may see new highs in coming months
Wednesday, 21 January 2015
We may expect some correction today in Gold and Silver ....thats down side retracement
BUY IN EUROPEAN SESSION....
Tuesday, 20 January 2015
NG & Crude Alert :
Buy NG above 186.....It may see 223 as TGT.....book partial profit at 210,217,219...
Buy Crude above 3010.....TGT 3112 max 4-6 sessions
Buy Crude above 3010.....TGT 3112 max 4-6 sessions
FOLLOW BUY ON DIPS IN BASE METALS....CHECK THIS LINK http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html
FOLLOW BUY ON DIPS IN BASE METALS....CHECK THIS LINK
http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html
http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html
Sunday, 18 January 2015
Crude & NG : 18 Jan 2015
There are mixed indications ....there may be possibility of reversal in these 2 commodities ....or may be it will trade sideways...
Crude : Crude is trading in range 2800-3100 ....
Stay short below 3100 and watch out break below 2800 for TGT 2591...2100-1700....
(I would advise to start buying in range 1700-2000) for long term TGT near 7800+)
OR
Buy only if closing is above 3100 on weekly closing basis....
NG : NG may trade between 173-210-217...
Stay short below 210-217 or Sell near 210 / 188.50....Watch for reversal at 210-217....if break 173 then TGT near 154-152
Buy only if closing is above 210 on weekly closing basis...TGT 217-219
Crude : Crude is trading in range 2800-3100 ....
Stay short below 3100 and watch out break below 2800 for TGT 2591...2100-1700....
(I would advise to start buying in range 1700-2000) for long term TGT near 7800+)
OR
Buy only if closing is above 3100 on weekly closing basis....
NG : NG may trade between 173-210-217...
Stay short below 210-217 or Sell near 210 / 188.50....Watch for reversal at 210-217....if break 173 then TGT near 154-152
Buy only if closing is above 210 on weekly closing basis...TGT 217-219
Saturday, 17 January 2015
Gold and Silver Long Term View - 17 Jan 2014
THANKS TO ONE OF THE FOLLOWERS FROM RAJASTHAN (Mr. Amit Bhandari) WHO INSPIRED ME TO TAKE LOOK AT LONG TERM VIEW ON GOLD AND SILVER AS HE IS LONG TERM INVESTOR.......
ASSUMPTION: LOW IN THIS / LAST MONTH IS BOTTOM ( and it is SL)....PERIOD 1-2 YEARS.....
View: buy on dips....If SL hit then stay on sell side.....but buy again at same SL on rise from bottom
Warning: Following is only our view....please consult your commodity expert before taking any positions....
GOLD
Gold : SL 24830 TGT 42000+
Gold : SL 24830 TGT 42000+
SILVER
Silver: SL 32600 TGT 113962+
Silver: SL 32600 TGT 113962+
ASSUMPTION: LOW IN THIS / LAST MONTH IS BOTTOM ( and it is SL)....PERIOD 1-2 YEARS.....
View: buy on dips....If SL hit then stay on sell side.....but buy again at same SL on rise from bottom
Warning: Following is only our view....please consult your commodity expert before taking any positions....
GOLD
Gold : SL 24830 TGT 42000+
Gold : SL 24830 TGT 42000+
SILVER
Silver: SL 32600 TGT 113962+
Silver: SL 32600 TGT 113962+
Base Metals : LONG TERM OVERVIEW ON COMMODITIES.....17 JAN 2015
THERE MAY BE TWO POSSIBILITIES IN BASE METALS:
1. EITHER THEY ARE BOTTOMED OUT : SINCE SILVER AND GOLD ARE SHOWING SIGNS OF STRONG REVERSAL , COPPER MAY FOLLOW SILVER ON UPSIDE AND COPPER MAY PULL OTHER BASE METALS ON UPSIDE......ALSO USD/INR MOVEMENT WILL ALSO SUPPORT BASE METALS FOR UPSIDE MOVEMENT
OR
2. THERE IS STILL DOWNSIDE REMAINING FOR ALL BASE METALS.......SO THERE WILL BE SOME SIDE WAYS MOMENTS AND BREAK OUT BELOW LAST WEEK LOW.....
WE HAVE PUT OUR VIEWS BELOW ......
Copper: SL below 330 TGT 457 if sustain above 458 then TGT 559+
OR
Sell Below 340 TGT 333-302.50
Zinc: SL 124 buy above 129 TGT 133-134........THERE IS POSSIBILITY OF REVERSAL AT or BELOW 133-135 tgt 111-101.05
OR
Sell Below 129 TGT 111- 101.05
Lead: Buy with SL 108 TGT 133, 144, 175.45+......There is possibility of reversal at or below 133.50 or 144....if sustain above 144 then TGT 175.45
OR
Sell Below 108 TGT 104.25...( We may see reversal from 104-105 area) but.IF Stay below 104.25 on daily closing basis then TGT 101-97.50
Aluminium: SL 108 buy above 114 TGT 130+ if sustain above 131 then TGT 151+.....there is possibility of reversal at or below 133.20.....
OR
Sell Below 108 TGT 104.50
Wednesday, 14 January 2015
Gold Silver Update: Sell Gold below 26900, Sell Silver below 37600
Gold and Silver are trading at tricky levels....wait for firm breakout on either side with volume....
Wait for confirmed sign of reversal or continuation of down side.....dont take any positions for the time....
Wait for confirmed sign of reversal or continuation of down side.....dont take any positions for the time....
Tuesday, 13 January 2015
Monday, 12 January 2015
Saturday, 10 January 2015
Commodity Overview 10 Jan 2015
Gold : Hold Gold Long positions ( Buy near 26630 if it comes there) with SL on daily closing basis 26500 TGT 26900, 27000, 27180, (book partial profits at these levels and again buy above 27200 on rise) and if stay above 27200 then 27600,27758,27996 and if break 27996 with volume then 28400, 29176,29216.......If gold reverse from 27000 or 27180 down then down TGT 25700
Mid/Long Term view : Positional traders Keep buying gold on every dip till 26180-26280 with SL below 26000.....fot TGT 27600,27758, 27996, 29176-29216
Silver : Hold long positions with SL on daily closing basis 35600 TGT 37200- 37560-42500-43500....and if it hold above 37600 level then 38900, 40382....but if it reverse from 36200 or 36560 level then down TGT 35050, 34200
Mid/Long Term view : Positional Trades keep buying Silver on dips till 35700 with SL below 35000 for TGT 42500-43500.......reversal of trend may possible from 42500 or 43500 ....so book full profit at 42500 .....and wait for monthly closing above 43500....above 43500 TGT 45900-46600
Copper : Stay short below 389....Heading for TGT 375
Aluminium : Buy near 110-110.50 for much higher TGT....If sustain below 111 for 2 days then TGT 106
Lead : Buy near 113.....
Zinc : Buy between 132.70 to 133....( mostly at 132.70).....TGT 145 (Positional)
Nickel: Keep buying on dips till 923....if it comes....
Crude: below 3115 as SL.....Keep sell on rise view for TGT 2881-2851-2750 and if sustain below 2700 on weekly closing basis then 2394 as this month target....
Mid/Log Term View: Start buying Crude on dips from 2781 levels ....we may see good bounce back and if bounce back is sustained for this month then it is sign of reversal and we may see previous highs in next 6-10 months
NG: Has mixed indicators....Buy around 177.70...with strict SL below 175 for TGT 202 and if survive above 202 then 210 is next resistance.....then next resistances at 219, 223, 232....we may see down side reversal from any of these levels....TRADE WITH TRAILING SL.....
If survive below 175 then 155 is next support and then 120.80 is long term target..
Mid/Long Term view : Positional traders Keep buying gold on every dip till 26180-26280 with SL below 26000.....fot TGT 27600,27758, 27996, 29176-29216
Silver : Hold long positions with SL on daily closing basis 35600 TGT 37200- 37560-42500-43500....and if it hold above 37600 level then 38900, 40382....but if it reverse from 36200 or 36560 level then down TGT 35050, 34200
Mid/Long Term view : Positional Trades keep buying Silver on dips till 35700 with SL below 35000 for TGT 42500-43500.......reversal of trend may possible from 42500 or 43500 ....so book full profit at 42500 .....and wait for monthly closing above 43500....above 43500 TGT 45900-46600
Copper : Stay short below 389....Heading for TGT 375
Aluminium : Buy near 110-110.50 for much higher TGT....If sustain below 111 for 2 days then TGT 106
Lead : Buy near 113.....
Zinc : Buy between 132.70 to 133....( mostly at 132.70).....TGT 145 (Positional)
Nickel: Keep buying on dips till 923....if it comes....
Crude: below 3115 as SL.....Keep sell on rise view for TGT 2881-2851-2750 and if sustain below 2700 on weekly closing basis then 2394 as this month target....
Mid/Log Term View: Start buying Crude on dips from 2781 levels ....we may see good bounce back and if bounce back is sustained for this month then it is sign of reversal and we may see previous highs in next 6-10 months
NG: Has mixed indicators....Buy around 177.70...with strict SL below 175 for TGT 202 and if survive above 202 then 210 is next resistance.....then next resistances at 219, 223, 232....we may see down side reversal from any of these levels....TRADE WITH TRAILING SL.....
If survive below 175 then 155 is next support and then 120.80 is long term target..
Friday, 9 January 2015
Gold and Silver Update: 9 Jan 2015
Gold : Gold may retrace till 26575-26590.....Wait for reversal signal there.....We may see big moment if it reverse from that level......Buyers trailing SL below 26500
Silver : Silver may go till 36570-36670......We may see reversal from this zone and big upside rally.....Buyers trailing SL below 36300....
It may be last spike upwards....book your full profits....
Silver : Silver may go till 36570-36670......We may see reversal from this zone and big upside rally.....Buyers trailing SL below 36300....
It may be last spike upwards....book your full profits....
Thursday, 8 January 2015
Gold : Watchout 26900-26870 Level.....we may see reversal from this level.....Wait for confirmed reversal ......buy at this level with SL below 26800
Otherwise Gold has major support at 26739.....Gold may reverse from this level
Wednesday, 7 January 2015
Base Metals:
Buy Aluminium near 111....
Lead Buy above 114....
Zinc Buy above 138
Nickel Buy above 985 (1 st TGT 1010)
Copper Sell below 388 or buy above 394
Lead Buy above 114....
Zinc Buy above 138
Nickel Buy above 985 (1 st TGT 1010)
Copper Sell below 388 or buy above 394
NG : NG watchout for break out either above 186.50 or Below 179
Our call of buying in dips still running for TGT 223-228
Tuesday, 6 January 2015
Saturday, 3 January 2015
Commodity Overview : 3 Jan 2015
Gold :
Gold has resistance at 26780 level.....watch for a breakout above this level.....(breakout means 1 Hr candle closing above 26780) Till it is trading above ( day close above 26500) gold is positive and heading for TGT 27580-27674....book profits at these levels.....I am expecting reversal from this zone....If it trade above 26800 for 1 hr then we can see gold going till 29170 in coming days....But overall Gold long term trend is Down.....so trade with strict SL....
Long term buyers trail SL to 25700 for next week....We may (or may not) see gold testing 26100, 25900 levels....and bounce back from any of these levels.....
Below 26500 level Gold may test 25445 level and we might see short bounce back from this level.....Below 25400 day closing is sign of more weakness and we will see new levels downside
Silver :
Silver has resistance at 36600.....watch for breakout above this......till day close is above 35000 , silver remain buy on dips and TGT above 35300 is 38907-39100.... we may see reversal from this zone......but above this zone if it trade for 1 hr then Silver can go till 40500-40800 levels....
Silver may (or may not) test 35500-35300 zone and bounce back from this zone ......
Below 35300 Silver will go and test 33300-33700 levels......We may see bounce back again from this level for short term....and break below 35300 will take silver to new low levels....
Copper :
Copper is trading range bound so far.....401 is resistance and 393 is support....above 401 TGT 407, 413, 417....and more upside...
Below 393 Copper short term TGT near 370 levels....
Zinc :
Above 139 TGT 142, 143.80 and above 144 TGT 153....Below 139 TGT 135-133....Again zinc is range bound between 135 to 143 levels....
Lead :
Lead is very weak below 122 level....We may see lead testing 121 level and may reverse from this level to show new down levels....
But if survive above 121 for 1 day then 127-128 is target zone....
Aluminium:
Above 117 it can go till 120 level and then reverse any time ........but below 117 Aluminium is very weak.....sell below 115 and buy above 117 only....
Nickel :
Below 937 Nickel can test 915-903 level....But if bounce back from 937 then 990 is TGT....
Crude :
As told before wait for day closing above 3480....above 3480 crude is very strong and TGTs are 3855, 4342, 4570, 4783, 5866 in next few days/months....
Crude may test 3275 level....But crude can bounce back any time.....but wait for clear bounce back and close above 3480....
Natural Gas:
Natural gas has shown some signs of recovery on friday....but 205 is a resistance....above 205, TGT 210,219....from 219 we may see reversal for TGT 154 levels....
But if survive above 219 for 3 days then we can see tgt near 290 again ......
Gold has resistance at 26780 level.....watch for a breakout above this level.....(breakout means 1 Hr candle closing above 26780) Till it is trading above ( day close above 26500) gold is positive and heading for TGT 27580-27674....book profits at these levels.....I am expecting reversal from this zone....If it trade above 26800 for 1 hr then we can see gold going till 29170 in coming days....But overall Gold long term trend is Down.....so trade with strict SL....
Long term buyers trail SL to 25700 for next week....We may (or may not) see gold testing 26100, 25900 levels....and bounce back from any of these levels.....
Below 26500 level Gold may test 25445 level and we might see short bounce back from this level.....Below 25400 day closing is sign of more weakness and we will see new levels downside
Silver :
Silver has resistance at 36600.....watch for breakout above this......till day close is above 35000 , silver remain buy on dips and TGT above 35300 is 38907-39100.... we may see reversal from this zone......but above this zone if it trade for 1 hr then Silver can go till 40500-40800 levels....
Silver may (or may not) test 35500-35300 zone and bounce back from this zone ......
Below 35300 Silver will go and test 33300-33700 levels......We may see bounce back again from this level for short term....and break below 35300 will take silver to new low levels....
Copper :
Copper is trading range bound so far.....401 is resistance and 393 is support....above 401 TGT 407, 413, 417....and more upside...
Below 393 Copper short term TGT near 370 levels....
Zinc :
Above 139 TGT 142, 143.80 and above 144 TGT 153....Below 139 TGT 135-133....Again zinc is range bound between 135 to 143 levels....
Lead :
Lead is very weak below 122 level....We may see lead testing 121 level and may reverse from this level to show new down levels....
But if survive above 121 for 1 day then 127-128 is target zone....
Aluminium:
Above 117 it can go till 120 level and then reverse any time ........but below 117 Aluminium is very weak.....sell below 115 and buy above 117 only....
Nickel :
Below 937 Nickel can test 915-903 level....But if bounce back from 937 then 990 is TGT....
Crude :
As told before wait for day closing above 3480....above 3480 crude is very strong and TGTs are 3855, 4342, 4570, 4783, 5866 in next few days/months....
Crude may test 3275 level....But crude can bounce back any time.....but wait for clear bounce back and close above 3480....
Natural Gas:
Natural gas has shown some signs of recovery on friday....but 205 is a resistance....above 205, TGT 210,219....from 219 we may see reversal for TGT 154 levels....
But if survive above 219 for 3 days then we can see tgt near 290 again ......
Friday, 2 January 2015
Crude Alert: 2 Jan 2015
Crude if close above 3480 today then stay on buy side for TGT 4569....Only for positional traders..........
If crude sustain below 3360 then TGT 3275.....
If crude sustain below 3360 then TGT 3275.....
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