MCX
Are these red candles a trap in Crude Oil?We are bullish on crude oil for short term (one can say till expiry 17 dec)
Risky traders can take long position in trade with a strict stop loss of 4620 for a target of 5450.
=======
We are still trading in the range between 4600 and 5500.
Any lower or upper breakdown will decide its direction again.
=======
Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
=======
Follow to get regular updates
Take care & safe trading...!!!
Regards
=======
10/11/2021 Research Report For MCXDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research for my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do your own research and also do take advice from your financial adviser before invest any single rupee. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy at C.M.P (Current Market Price) to Maximum 1847
Target 1:- 1940
Target 2:- 2021
SILVER SHORT AS WELL AS LONG OPPORTUNITY TILL DECEMBER END ..We have seen the downtrend in silver form June to September .
In the month of October we saw a clear break out from the downward sloping trendline (T).
Now ,the price may again come for the retest.
So We have short entry for now in silver mini till point "D" (WHICH IS ALSO A 400 D EMA LINE RED)
We can aim from POINT "A" TO "B" FIRST and then POINT "C" TO "D" again ,
OR may take a short entry at "A" and close the trade at point "D"
ENTRY LEVELS CAN BE AT 64700 (Short entry)
TARGET CAN BE 63400 THEN 62600
STOP LOSS CAN BE PLACED AT 65700 ZONE
YOU HAVE TO GIVE ATLEAST 2O 25 TRADING SESSIONS FOR THIS
ONCE THE PRICE REACHES TO POINT D WE MAY SEE THE CONSOLIDATION,OR
PRICE MAY EVEN FALL BELOW D WE HAVE TO DO NOTHING IN TAHT ZONE BUT WAIT FOE THE BULLISH ENTRY FOR A PRETTY GOOD TARGET UPWARDS .
I will post the bullish trade later.
Thank you .
Do ask if you have any query
join our free trading community .DM for the link
Above analysis is just for education purpose ,
i am not a sebi register advisor ,
please consult your financial advisor before taking any financial decisions .
MCX copper h&S pattern copper in hourly time frame made a big h&s paatern (red color)
and at right hand of big H&S pattern made another small h&s pattern (blue color)
sustaining below 725 may tgt 715-710
bigger H&s (Blue h&s) has 50--100 points tgt if neck line broken (yet not broken)
smaller h&S (red color_ has tgt of 25---12 if neck line broken
sell gold cmp 49100 sl 49400 tgt 48700 / 48500 /48300 / 48100sell gold cmp 49100 sl 49400 tgt 48700 / 48500 /48300 / 48100
Sell Gold At CMP 1856 tgt 1842 / 1835 / 1825 sl 1870
in last few day gold has seen tremendous rally from 1760-1868
Now 4h chart is showing tired sign
being contrarian i think it should fall for further upmove