naveen_kumar_PS

naveen_kumar_PS Updated 

Copper seems to be breaking out of a continuing Triangle Pattern , Let's observe how it goes.

naveen_kumar_PS

As we could see from the chart the way how XAGUSD presented beautiful patterns every time before a breakout. Now looking it from the left side of the chart it seems pretty easy to create multiple good trading setups but what's tough is doing the same to the right side of the chart where the UNKNOWN lies. That's what would take years of experience to interpret and execute.

naveen_kumar_PS

The key to trading / investing is accepting uncertainties and dealing with it systematically rather than getting it influenced by our fear and greed.

naveen_kumar_PS

CE INFO SYSTEMS demonstrates a perfect continuing triangle pattern as mentioned by Elliott wave theory. Its always very satisfying to watch things unfolding exactly as expected.

naveen_kumar_PS

From the impulse wave I've drawn , It seems like NIFTY is due for a correction. on the other hand , we have a strong bull trend going on , Lets see how it works out.

naveen_kumar_PS

Happiest Minds has recorded some strong financials in the recent past which could trigger an up move in the coming months triggering it to go all the way till 2K.

naveen_kumar_PS

CUB Could touch its ATH based on strong fundamentals and is also getting good increase in FII buying in the recent quarters.

naveen_kumar_PS

Gold is seemed to be poised for an Up move considering the pattern mentioned above. If proves valid, Gold could reach new lifetime highs in the coming sessions.

naveen_kumar_PS

Natural Gas is now residing in its year long support zone around 175 - 160 range if it breaks down it can go till its lifetime support zone of around 115 - 120 . if breaks above 190 (Giving a bullish confirmation) we shall expect it to go at least till 280. Remember this is a positional call which could go on for months.

naveen_kumar_PS

USOIL is due for a breakdown from its positional support. If breaks , it could provide a good trading opportunity with proper risk to reward ratio.

naveen_kumar_PS

Natural Gas is waiting to give a huge breakout on either side , Unless the side is identified , Kindly stay put.

naveen_kumar_PS Updated 

CRUDEOIL is about to give a good upside impulse if it proves the above theory.

naveen_kumar_PS

Natural Gas is About to give a good impulse move in the coming weeks once it breaks the consolidation.

naveen_kumar_PS Updated 

Dollar Index Is poised for a slight upward correction considering the downward trend its been on since last month.

naveen_kumar_PS Updated 

Since the Chinese Index is Bottoming Out and Aluminum at its 4th wave Correction end , One can expect a good bull run in Aluminum in the coming months.

naveen_kumar_PS

DMART is about to give a good impulse on the upside if breaks above 4120 . Lets observe how it moves.

naveen_kumar_PS

Silver is getting ready for another up move if proves the above impulse wave pattern. Failing which, will continue in its downward trajectory. If looking for a long entry, Look for confirmations, Aggressive entry is not recommended.

naveen_kumar_PS

In the Near term Crude Oil is expected to correct to its previous support levels around $63 - $61. If breaks that could reach around $50 - $45 as seen in the Fib retracement Above. However, If it takes support from there , Crude Will continue its upward trajectory as seen in its long term trend.