freestocktips

freestocktips

According to EWT, the 5th wave has been almost completed. The ABC correction will start soon. As mentioned in the chart, MCX aluminium will start collapsing for the target price of 176 - 172 - 168 - 162 soon. At present, if we see for intraday traders, then it's upward. Aluminium will touch 184 - 186 levels, and then ABC correction will start.

freestocktips Updated 

Gold futures preparing to come at $1740 - $1750 - $1760 . Day traders must wait for a breakout of the control price line before entering. The uptrend will end whenever the gold spot price breaks strong support.

freestocktips Updated 

The chart above indicating a clear uptrend continuation. We may see sideways movement before it hits the top of the rectangle. According to the Darvas box ( rectangular formation ), MCX gold will move upward gently this week. Hence, intraday traders can jump between the range of 45200 - 45300 . Targets: 45560 - 45680 If gold breaks the bottom of the...

freestocktips

MCX Natural gas has made head and shoulders patterns on the weekly timeframe. And the two shoulders are overlapping. Sell confirmation is line breakout. Recently, it has broken 200 moving average. If it shows closing price below the neckline and 200 MA consecutively, NG will fall nonstop. X and Y are the formation's size. Here is the value of x 100 and y 74....

freestocktips Updated 

Why now might be a good time to buy aluminium... According to this chart, MCX Aluminium can fly from here if it does not close below 176.4 levels. Targets: 178.6 - 179.6 Short-term targets: 180 - 181.6+ But, if it closes below 176.4 levels, then this call will deactivate. And it will start collapsing for the levels of 174 - 172 from there.

freestocktips Updated 

MCX Crude oil can go down for a retracement value of 0.236 in the upcoming days. So, intraday traders can set the following targets to make some money: 4560 - 4500 - 4460 - 4400 But, if brent oil breaks $66.60 upside, then change your position for the following targets: 4800 - 4880+ Refer to the recently published NYMEX Brent Oil Futures article:

freestocktips Updated 

Here, I have used MA , RSI , VOL , & DMI to identify the next move of Brent Oil. According to those indicators, it seems bullish ahead. We may see the following targets soon: $68.8 - $69.8 - $71+ But, if brent crude oil breaks the hurdle ( $66.60 ) and shows a closing price below it, we will see a heavy downfall. Targets: $64.6 - $62.8 and below

freestocktips Updated 

Main scenario: consider long positions from the control price or support trendline for the target level of 1040 - 1080 - 1100 - 1110 . Analysis: Daily time frame - presumably, the crude palm oil has started an Elliott wave and made the 4th wave, and now it's making a fifth wave. According to EWT, the fifth wave will be completed at 61.8% or 50% of Fib...

freestocktips

On 15 Feb 2021, I have written an article on Gold. First, click below & read again: URL: I have written in that article, " If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46860 – 46600 – 46000 – 45660 – 45200 ". Gold has touched all targets. NEW UPDATE: ============== Keep eyes on the retracement value...

freestocktips

MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’ How many of you bought Mentha oil after reading this report? Mentha oil made a high of 964.9 yesterday, and the first target has come. Approx. Profit /L = Rs.15,000+ The short-term investors can book profit here. As I mentioned in the above chart, it's MA crossover time. It may move sideways. Overall,...

freestocktips Updated 

First, wait for a clear Ascending triangle form. Right now, MCX Mentha oil at the support trendline (rising lower trendline). It will try to hit 964 - 986 - 1000 - 1020 levels from here. Intraday traders can go with the current trend. But don't buy below the support trendline.

freestocktips

MCX Gold Guinea is following a parallel channel since August 2020. Recently, it has touched the support trendline and started moving forward. Will it keep moving? How much? It will keep running for 37600 - 38000 levels. But according to MA, Gold Guinea should keep falling. And for the following levels: 36800 - 36400 - 36000

freestocktips Updated 

Long-term Investors: Copper has broken March 2020 resistance trendline, and true resistance breakout is a clear signal to buy. Target prices for long-term traders: 760 - 800+ Intraday Traders: But at present, MCX copper can pullback to the previous resistance line to continue an uptrend. So, intraday traders can sell for the following targets: 690 -...

freestocktips

As expected, gold has started collapsing after a breakout of the test level. Will it keep falling? First, click here and read the previous article on gold: When Will MCX Gold explode? I have written in clear words, " If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46600 – 46000 – 45660 – 45200 ". Gold has...

freestocktips

Main scenario: If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46600 - 46000 - 45660 - 45200 Alternative scenario: If gold remains above 0.5 , it may try to hit 0.382 (TP: 48260 - 49000+ ). So, here hurdle is 47296 for the short-term traders. Intraday traders can play both sides. And we may see a...

freestocktips

Here's the daily chart of the MCX mentha oil. Right now, it's moving between the Dynamic resistance and support trendline. It's trying to cross the Moving average. If consecutive candles cross the moving average downside, it will hit the support trendline by crossing 956 - 946 . But RSI crossing is indicating an uptrend. And ADX is greater than 25, Which shows...

freestocktips

MCX crude oil has made the bullish Elliott wave on the 4H time frame. The fifth wave is remaining, and the trend has to cross 3900 - 4000 - 4040 to complete the fifth wave. Then the trend will fall for a short time to make the A of the ABC correction. After that, it will rise again to a particular level to make the B, and then fall again for a short time to...

freestocktips

Here's the daily chart of the MCX SILVER. It started to rise from the 18th of March 2020. But currently, it's moving downside. It's a short time fall. After the particular level, it will start to move upside again. It may fall up to the support. And from that point, there will be a reversal in the trend. Targets for the future upside movement of the trend are the...