Crude Update

Wow...its a perfect selling I took at long time near 3400....Now I will add more sell on rise till 3240 if it go there ....I will wait till my target 1800 minus

NG may come down till 221-218 zone where I will add more buy for much higher TGT 1 240...TGT 2....much higher

Commodity Update 27 Nov 2016

Gold and Silver:

I am buying dips for big move upside quickly and fast (I hope).....anyway....I hope the bottom already established in both ....Now the Big move starts.....

Base Metals : As mentioned my SL for sell was hit and did buy small quantity to recover my loss .....Thanx to big run on friday which covered my loss and gave me small profit .....But I will not place Bet in Base metals now....I want to see the next week movement....I am waiting for Sell signal....

Crude : I have no positions as of now and as it is still running sideways....I will wait for breakout/breakdown in Crude.....

NG: My buy positions are in profit and still will keep it for big run in NG......

BASE METALS

I think base metals are making last rally.....My 1st SL hit now Waiting for sell signal....But I will sell base metals anyway...

Gold Silver Update

As I expected Gold did fall....

I closed all short positions at 28700 and started buying Gold and Silver....

Gold I started buying from 28700 and Last full lots buy at 28410 levels.....Silver I closed all short at 38900 and bought full lots at 38900 .....

I am expecting a long journey of gold from today's low (whatever it will make) as my SL and TGT now set to higher than 32780 ( which was my earlier targets) I expect now gold will go till 33000-37000-42000....I will take profits as these levels come.....But will decide the final target as it goes....

Similarly , Base metals I have started taking short positions from today.....

Crude I expect to fall more till it breaks 3404....as SL

NG I am holding buy positions for TGT 240-270

Commodity Update

Gold: As expected some unexpected move happened....But there is nothing to panic about the drop.....

I was expecting some drop ....as I said before Gold is still in ABC correction for which the targets I have set for my self are 32780-33000 zone....then 35000-37500 zone for sure.....then it may extend till 42000++ levels......

For this move the buying zones are 29300 then 28500-28700+ levels......and it may extend till 26400.....But I will not wait till 26400 levels.....There is good fibonacci support of 50% at 28570-28700 zone and also a previous support....which make this level as very strong support....

So my maximum bet I will put in this zone alone....

Now Gold will make a correction move from 29250 (Friday Low ) till max 29900-30000 zone which is selling zone for targets near 28580-28700 levels where I will buy maximum and for targets 37000 minimum....

Base metals have shown a good run as expected ( My long term target for Zinc 174 is achieved....bought at 97 ....Cheeeerrrrss for it) and my strategy of selling on rise has given me chance to recover and make some good profit on this....With the move made on Friday has created a reversal candle for base metals and now Base metals may pull back upwards a little and fall more.....I will be taking profits on dip and sell on rallies.....I will look for selling the rallies...

Crude may go till 3095 and break and if sustain above it again 3260+ levels to reverse back for much lower targets.....I will take it step by step....

Natural Gas....As expected have not broken 169 my stoploss and I will keep buying ti in the zone of 172-170 maximum lots....Now its Natural Gas turn to make big upside move.....

ZINC & LEAD

I am selling Zinc and Lead with every Rs. 1 rise....
Zinc will sell till 174....Lead will sell till 148

Base Metals Update...

My selling stoploss is hit ....so I bought at my stop loss with Stop Loss just below my buying price....Will keep booking quick profits....

Selling loss Rs. 1.30 in each Lead and Zinc

Booked Lead at 143.50 and Zinc at 169.25....Buy positions....recovered some loss....

No more positions 

NG update 5 Nov 2015

As I told before I have bought NG with SL below 182....

In fact I will buy NG on dips.....SL 182 seems good but if gets hit I will not sell.....Since 182 is not broken for past 2 days of trading and it seems to be forming bearish Butterfly for with last leg up is till 238-240+ levels....It can go till 180.....But daily closing below 169 will invalidate my view..

My positional view is to buy till 180 with sl below 169 on daily closing basis for TGT 238++

I think NG is now heading for my previous targets of 238-240++.....I think the risk reward ratio is too good for me.....I will keep buying .......

booked all NG which i sold....now bought NG with SL 182

Commodity Update 3 Nov 2016

Nothing is changed...except Zinc Sl Hit......but I will sell base metals on rise....Risk reward ratio is good for me.....Sell NG as told earlier.....Crude almost hit my TGT 3000...But will srely hit 3000 2995 zone.....

gold 32780+++ sre....Silver 54900+++ sure....exact levels I will tell only to those who wish to call me....please note I dont charge any money ...I give free advice....

I will decide on on Crude after Rs 3000.....

I am making great money after having bad 2 weeks before... but last 2 weeks have been great.....cheers.................

Be careful at present levels of all commodities...US election time will be lot of Volatility....my strategy will be to buy Gold and Silver on dips....
Sell Crude, Ng, Base metals on Rise....

Very simple....


I am sellinh Nifty from 8900...(and future stocks... some in buy and some in sell )for TGT1 8000.....TGT 2 ....call me