COPPER (31 MAR 21) BUY NEAR 717.60 SL 713 UPSIDE 728MCX Copper (31 Mar 21) will move upside from the current market price 717.60-718 with SL 713 and upside TGT will bear 722/725/728
MCX:COPPER1!
MCX
NICKEL (31 Mar 21) May Move Upside Till 1437/1442MCX Nickel(31Mar 21) May move upside till 1437/1442, with Immediate support 1424 but safe Sl will be below 1421.
MCX:NICKEL1!
CPO (31 Mar 21) Now Ready To Move Down side Till 990-975MCX CPO (31 Mar 21) Will Move Downside from the level 1049-1060 It may face resistance near 1092-1099. Down side TGT will be near 1010-990-975.
MCX:CPO2!
CRUDEOIL MAY MOVE UPSDIE TILL 4396/4428MCX CRUDEOIL MARCH may move upside till 4396/4428 after giving the profit booking on Friday's opening market. It's today's support is near
4284, which could be taken as stop loss.
MCX:CRUDEOIL1!
ZINC (26th FEB 21) MAY MAVE DOWNSIDE TILL 219MCX:ZINC1!
MCX ZINC (26th FEB21) may move downside till the level 219 because in an hourly chart RSI(14) is showing divergence, which is a negative sentiment for the script. it's immediate resistance will be high's of the 16TH feb, which is 229.10 and below 227.30it may go sharply downside.
POISTIONAL MCX CALL DATE - 02/02/2021POISTIONAL MCX CALL DATE - 02/02/2021
BUY MCX COPPER @ 591 - 592
ADD MORE 585
STOP LOSS - 580 CLBS
TARGET - 600 605 610 615 NEW HIGH ++
@tradingandeducationsupport
Natural Gas - ShortNG - On 23rd Dec 2020, NG was in super uptrend and it started its real fall from levels of 202.40 which can be seen from Moving average crossover.
Earlier also 200 was resistance and today also it failed to hold 200 levels and fallen from there.
+
Closing was below the trendline made by joining highs.
Hence, my Positional Call is sell NG @ 198.50, SL 202.40 , tgt 194 , 189
MCX - Bullish H&S formation, Short Term Swing TradeThe above analysis is based purely on price action & chart patterns.
The analysis is done on 60 min TF, hence it may take price to reach the targets in few days to few weeks.
Trade setup along with Entry levels + SL & Targets are given in image itself.
Traders must do their own study before entering into any trade. They must trade with their own money & risk management.
Feel Free to comment for any suggestion or query regarding price action analysis.
Checkout my other ideas/charts to understand how chart pattern & price action works.
Aluminium Metal, looking hot above 163Aluminium testing previous breakdown, a close above 163 can result in good upward move !!
Day Sell#MCX @Nickel Little Targets 1206/1204
Main Stop Loss at 1,212 only.
Disclaimer: I just shared my view. Please trade with your own and comfortable ideas.
Silver Mini Buy / Sell based on FIBO and GANNBuy silver mini 60970 CMP 61110 Stop loss 60700 Target 62600
Gold Mini Future - MCX IndiaGold is at an important support level. A correction may take it down till the arc, where its a good investment opportunity to go long.
Comments and views are welcome.
CRUDEOIL intradayLong and short levels shown with targets..Short level tgt 1 already hit with 20 pts gain...can re-enter again if triggers..
SL at your own risk..
