This analysis is based on Breakout retest and Diversion in Price and RSI I have seen this 1 hr of time frame whenever diversion is there after breakout a consolidation will happen and same thing might get repeat here so small correction and then distribution will get start. Upside is limited. Commodity are cyclic in nature. SL 391 Target would be below 370
MCX Crude Oil Intraday trading level for 15SEP2021
MCX Crude Oil Fixed Intraday Trading Level for Price Range 5700-4500
US OIL formed double bottom so wait for break and close above neck line 77 $ if its valid we can expect the target of 85 $ and sec target 90 $
Brent crude oil has broken the trendline resistance and it looks like primary wave 5 has started, and within wave 5 , wave I and wave II are posiibly been completed and wave III should now unfold at $ 79.40 to $ 80.21, where wave III will be atleast equal to wave I, and on the down, the swing low of $ 70.89 will be now crucial support. one can go long at current...
natural gas showing -ve diversion in gann resistance zone 380-400 price confirmation needed... braking of 380 may bring weakness
MCX Crude Oil Intraday trading level for 14SEP2021
petronet lng is trading at bottom and possibility - 20/50 EMA cross 200 EMA --> Golden crossover expected
Yea yea, I know Oil is most manipulated commodity on the planet. But amidst the super consolidation worldwide, the most suppressed commodity is oil, and the hurricane supply chain destruction will annihilate the supply. We should see sharp rise in Brent Oil futures in coming days. It’s inevitable. I have given a range of targets from moderate to aggressive....
Crude Oil continuous futures contract on the weekly chart seems to have pulled back from its decade+ old trend line breakout. Breakout happened in Jun'21 and crude bounced back on the trend line. We have seen successful bounce from the trend line support and can expect the price to turn bullish from here on the weekly scale. If so, 76 would be the immediate target...
performance analysis of TCFP natural gas for the period 6-10 sept
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 4-5 times.
The current price action has formed a bullish triangular pattern which suggests that one should go long with SL of 67$ & look for the target of 71$ -72$
1. After accumulating for almost 20 days, the stock is forming it’s base at ₹130 (Decade old highs). 2. With the ongoing policies of the government pertaining to power sector to streamline DISCOMS, and push towards electric cars, will impact the performance of the stock positively. 3. Increased infrastructure in states like Jharkhand and Odisha will also give it a...
MCS CRUDE OIL INTRADAY TRADING LEVEL based on my analysis. Thanks
Explosive Move Coming In Natural Gas 7 Years Long Trend Line Breakout On Monthly TF If NG Get Close Above 4$ This July Month End Than Buy It Add More If Price Drops To 3.5-3.6 SL - 3.40 (Weekly Closing Basis) Target - 6$
resistance at 5155 , pervious view high , a strong bull move is yet to come