MCX is on the verge of breakout on log scale. Today's close above 835 would be the confirmation of breakout. Volume is increasing in last few days and today's volume has crossed last 20-25 sessions daily volume. 833.40 is a resistance zone from it had corrected last time. Stop loss of buy would be 760 for 1st target of 920. However, log scale breakout is a major...
MCX is in an uptrend and recently broke out its range. Buy MCX in CASH market at 833.90 Stop-loss of 810 and Target of 896.70
Weekly chart is showing reversal on nomral chart as the price has broken out of falling trend line with volume and moving average cross over (13 EMA crossed 26 EMA to upside). Log scale is showing that price has still not broken out of falling trendline and counter has reversed from the resistance line. 834 stand as a major resistance which must be observed to...
MCX is on date of change. Bearish Engulfing reflecting the same view. Expect price to drop from here. Accumulate on PRZ if shows Bullish Evidence, or Momentum Indecision. Will Update the Target for Short Term once Trade is Active.
Hea rain Strategy is one of the strategies used by ancient Japanese traders to trade rice, Unfortunately their is not much of information available about it in public domain. Copper if sustains over the Golden line will remain bullish to rest the targets marked with green lines and somewhere in 2019 it will hit a new multi year high. Dm me if you want to learn or...
Mcx NSE:MCX has broken out from a trading range there is a minor throwback, one can buy at current price with stoploss of 730 on closing basis for targets of 780-800+, current price is around 737 so risk:reward looks great
I've observed nice trade setup. One can trade/invest the stock now with SL of 698 for a good reward. Bollinger Bands Squeeze is a powerful yet simple trade setup. One can identify the Squeeze when bandwidth is at around 6 months low. One can enter the trade when price starts trading out of the band. Mostly this setup rewards the trader nicely as one enter the...
Watch for Breakout in MCX then Long
WTI US Oil prices have contracted forming a triangle, almost cornered right through. Expecting a break soon. Most likely with the upcoming API/Inventory data.
Expecting a dip today, which could lead to long accumulation thereafter.
Gold is in high demand zone, with a good recovery from the support. Long on this precious metal with a target of $1300.
Charts show multiple build up ranges. Considering time cycles, we're are in short term bearishness. Which would change post a break out above $71.50 while a strong support area can be observed around $66 levels.
Based on Historical and Technical Analysis . Crude Oil -0.28% Might Fall as per Fundamental and Technical Anlaysis and above Trade has Tight Stop Loss with Good Risk-Reward. Enjoy and Comment.