Natural Gas. Bullish Butterfly Expected. Resistance 303.90. Support 292, 286, 280, 275. ===========================
#MCX took support at long period support area of 1400-1425 and now 1600. Still lot of room there for upside for 1750/19750 The company has a 96.48% share in the commodity derivatives market. It controls 100% share of Precious metals & stones, Energy & base metals with exception with agri-commodities
in.tradingview.com SilverMic_Current_Future : This seems bearish to all of us. The head & Shoulder, Rising Wedge, and Elliot-wave...three major indicators are should bearish. Prepare you sort selling.
As per Harmonic PRZ pattern, MXC may go up till 1675 SL with in one month
Natural Gas. Bullish ABCD. Resistance 325.40 Support 307.20, 297.60, 285.40, 269.80 ------------------------------------------------
Major Support Level: 295 Major Resistance Levels: 370, 420, 525 Per OI data: Max Resistance: 320 Max Support: 300
Crude can end its Wave Z around 62-56 levels & we should see at least 7 swings higher towards 100$.
Supports: 6150, 6100 Resistances: 6300, 6380, 6450 OI Data: Max Resistance: 6600 Max Support: 6000 Trend: Downward.
Analysis On 14th December 2022 This is a Bird View so Possible Movement of Gold in a Daily TF for a Medium-term view. >Wave Counts - Recently, Gold has just reached to Depth of Correction point in Minute Cycle of Wave Count , while in an Intermediate Cycle, it seems like Wave C is still on. Furthermore, Last month's upward journey is still not break ...
After almost 6 months, aluminium now looking for reversal. Inverted H&S in making. one can look for weekly chart for more clarity.
Supports: 6530, 6420, 6320 Resistances: 6700, 6850 OI Data: Major Resistances (Call writings): 6600, 7000 Major Supports (Put writings): 6500, 6400 It's going to be rangebound: 6500 to 6650 range. Buy around 6500, sell around 6650.
Copper in Holiday mood, while inventory will be important to watch
Levels: Support: 430, 400, 380, 350 Resistance: 450, 500-520, 550 OI Data (23rd Jan Expiry): Nearest Major Resistance in Crude per OI data: 450 Nearest Major Support in Crude per IO data: 400 Trade setup: 1. Looking at the OI data, most likely range-round is: 400-500 +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 |...
Levels: Support: 6600-6650, 6500, 6475, 6375 Resistance: 6775, 6850, 7000 OI Data (17th Jan Expiry): Nearest Major Resistance in Crude per OI data: 6500 Nearest Major Support in Crude per IO data: 6500 Trade setup: Trade setup: 1. Looking at the OI data, most crutial range is: 6500 +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 |...
Silver is looking very bullish on the weekly time frame charts. If it breaks the trendline with volume, path will be open up for newer highs. target would be around 75000. SL is around weekly low and should be as per risk appetite.
MCX:- The stock has gone to test its important level, if this level breaks, we can make a catch plan, but if the stock hits 1564.85 , If it comes below level then the stock will become weak. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such...
Supports: 508, 490, 475 Resistance: 525-535, 550, 570 Buy opportunity above: 535, SL: 510 Sell opportunity below: 490, SL: 510
Supports: 6000, 5940, 5850, 5750 Resistance: 6080, 6150, 6275 OI Data: Max Calls are in 6500 (9.2K). Then 6200 (5K) Max Puts are in 6000 (3.7K) Overall, sideways, in the consolidation.