Weekly Trade Setups – 24th June to 28th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

GOLD :

We can see GOLD is in aggressive uptrend as seen above in the price chart.

We will observe buying signals at flip support located at around 1358 to 1347 area.

Waiting for the downward pullback to rejoin the bull rally will be good idea to trade GOLD.

 

SILVER :

SILVER exploded upside from its multiple affected area and closed strong up.

Our views for SILVER turned up to bullish.

We will wait for the downside pullback til around 14.985 area and observe clear buying signals to board the bull rally above.

 

CRUDE OIL :

CRUDE OIL is arrived till its flip resistance of 57.50 $ area , but yet we have not seen any selling pressure at this area.

We will stay away and watch how price behaves here to find further potential opportunity.

Stay connected we will post if any signal arrives.

 

NATURAL GAS :

We got an inside bar in NATURAL GAS as seen in the above price chart.

We can go short if this inside bar breaks below as a trend to be continuation.

We have short views for Natural Gas and any strength till 2.306 to 2.512 would be a short selling opportunity after getting bearish signals.

 

LEAD : 

Lead seems to in mild uptrend and it closed above the multiple affected zone as seen in the above price chart.

Also we got a slight bullish rejection at the affected area which may push the prices above.

 

NICKEL :

Nickel seems to be a mild uptrend as seen in the above price chart.

Buying signals can be found on 1H or 4H time frame at around 12054 area for the short term upside move.

 

Weekly Trade Setups – 17th June to 21st June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

GOLD :

We got bearish rejection in GOLD as seen in the above price chart.

We can expect this bearish pin bar may push the prices down.

But we area extremely bullish on GOLD.

We will observe buying signals at the flip support 1310 to 1302 to rejoin the uptrend.

Wait for the buying signals at around 1310 to 1302 to connect with the powerful uptrend for GOLD.

Stay connected for next post for GOLD.

SILVER :

Earlier we found bearish rejection in SILVER on 5th June and it was failed as seen in the above price chart.

But again at the same multiple affected location we got clear bearish rejection on Friday as shown above.

For high probability of bearish fall from here we will observe bearish pin bar on 1h or 4H time frame to take short entry for SILVER.

But remember We got big length form downward side which might be a change of the trend. So early exit should be preferred if entered short.

Stay connected for next updates on SILVER.

 

CRUDE OIL :

Aggressive downtrend can be seen in the above price chart of CRUDE OIL as shown above.

We are so eager to see the strength to find sell signals at the recent flip resistance located at around 57.52 $ area.

We are in a mood to rejoin to bearish trend for CRUDE OIL after a healthy upside pullback.

Selling signals can be observed at around 57.57 $ to 60.68 $ area to enjoy bearish fall.

Stay connected for next post on CRUDE OIL.

 

NATURAL GAS :

We are waiting for a good upside pullback till around 2.441 to 2.512 area to participate in a strong downtrend for Natural Gas.

We will immediately post if any potential signals arrives.

Stay connected.

Weekly Trade Setups – 10th June to 14th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

GOLD :

We are waiting eagerly for downside pullback to rejoin the bullish trend for GOLD as shown above.

Any buying signal found at 1310 to 1302 would be a strong buying opportunity for GOLD.

Wait for confirm buy signal at its potential flip support area starting from 1310 to 1302 area.

We will post immediately as the signal arrives.

 

SILVER :

Last week we traded SILVER in short selling as the bearish rejection was so aggressive.

We stopped out for SILVER .

Now we will observe how price folds here at the arrived multiple affected zone for next trade setup.

Stay updated for next post for SILVER.

 

CRUDE OIL :

We can clearly see CRUDE Oil is trending downside as seen in the above price chart.

We area waiting for the healthy upside pullback till 57.52 $ to rejoin the bearish rally.

Any bearish rejection found at flip resistance 57.52 $ would be a strong selling opportunity for CRUDE OIL.

 

NATURAL GAS :

Price closed below the recent support of 2.441 as seen in the above price chart.

Also Inside bar is formed in Natural Gas as shown above.

Flip resistance area to find short selling signals is seen at 2.441 to 2.512 area.

Wait for the clear short selling signal at the above mention location to enjoy bearish rally down.

 

LEAD :

Price respected the flip resistance of around 1892 area and started falling aggressively as shown in the price chart above.

Bearish rejections can be found on 1H or 4H or daily time frame till 1892 area to board the bearish rally down.

 

ZINC :

We were waiting for the ideal upside pullback for ZINC.

Price is so aggressive and without giving healthy pullback it is moving down.

We are still holding our patience for ZINC to get a upside pullback till 2576 to 2645 area to find short selling opportunity.

Any strength starting from 2576 to 2645 area would be a strong short selling opportunity for ZINC .

 

COPPER :

COPPER is seen that it is arrived at the key support level.

No buying symptoms for the bullish counter trade is found.

We will stay away and observe what price creates here.

Whether it breaks the support or generates bullish rejection at the arrive location.

Stay connected for further updates.

Updates for 6th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

GOLD :

We have seen big explosion in GOLD from the multiple affected zone as we expected.

Now we are finding a downward pullback till around 1302 area to rejoin the bullish rally ahead.

1302 around area is seen as a strong flip resistance area to catch another bullish rally for Gold.

Any bullish rejection found around 1302 area on IH , 4H or daily time frame would be a strong buying opportunity for gold.

We are eagerly waiting for downward pullback til around 1300 to 1302 area to rejoin the bullish rally for Gold.

Stay connected for next updates .

 

SILVER :

Bearish rejection is clearly seen in the above price chart of Silver.

We can expect a downside fall till around 14.571 area as shown in the above price chart.

The bearish pin bar formed in the Silver can be traded for the target of around 14.571 area.

50 per cent short entry would be preferred as the stop loss is big.

Assuming the stop loss of 15.050 silver can be traded short for the target of around 14.571

 

LEAD :

We got good upside pullback in LEAD as shown in the above price chart.

But we were expecting this upside pullback till its flip resistance area of around 1906.

Before the flip resistance area arrival we got bearish rejection on 5th June.

For more confirmation we will observe bearish rejection in 1H or 4H to trade the bearish pin bar formed for LEAD.

If we get bearish rejection on 1H or 4H time frame then we will trade LEAD on downside for the target of around 1777 with a stop loss of 1884

We can trade LEAD shortside only if we get bearish rejection in 1H or 4H time frame.

 

CRUDE OIL : 

We got good bearish fall as expected in CRUDE oil form the bearish pin bar and Inside bar.

To get another short selling opportunity for Crude Oil , We are waiting eagerly for upside pullback till its flip resistance area seen around at 57.40 $ area.

Stay connected for next updates.

Natural Gas :

 

Click Here to see previous post on Natural Gas.

Finally Natural Gas closed below 2.441 area which may open the downward door for the target of 1.625 area.

Price tested at flip resistance on 4th June and closed down as shown above.

Any pullback starting from 2.441 to 2.512 area would be a strong short opportunity for Natural Gas.

Bearish rejection on 1H or 4 H or Daily time frame can be found to connect with downside fall for Natural gas till the flip resistance level starting from 2.441 to 2.512 area.

Stay connected for further updates.

Weekly Trade Setups – 3rd June to 7th June 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

CRUDE OIL :

We got a big downward fall for CRUDE OIL as expected.

Now again to rejoin the bearish fall till 51.18 $ we can observe a upside pullback starting from 57.52 to 80.68 $ area.

Any upside pullback starting from 51.18 to 57.52 $ area would be strong short selling opportunity.

We will post the next post on crude oil shortly.

 

GOLD : 

We got a expected bullish move in GOLD .

We will observe a downside pullback till around 1287 area and observe bullish rejection to rejoin the bullish move ahead.

Any downside pullback starting from 1287 to 1268 area would be strong buying opportunity.

We will update next post on GOLD shortly.

 

Natural Gas :

Natural gas is arrived a t a key support area of around 2,441

Here we have to observe how price price folds here.

If it closes below the key support of 2.441 then it may open the way to huge fall till around 1.625 area.

Stay away , wait and watch how price behaves at the arrived support location.

Stay connected for the next updates.

Weekly Trade Setups – 27th May to 31st May 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

Aluminium :

 

Trend – Side way bullish

Aluminium is clearly seen at the key support level as seen in the above daily price price chart.

This week we will closely observe 143 around area to see how price folds here.

If price closes aggressively below 143 around area then it might open the way towards 135 area as seen in the price chart above.

Wait and watch what develops at the arrived key support point to take further trading decision.

Stay connected for next post on Aluminium.

 

NICKEL :

Trend – Short term downtrend.

Aggressive bounce has seen in the NICKEL after a huge fall as seen above.

Still we have the short selling views for NICKEL till its flip key resistance area located at around 12818 area.

We will wait and observe if price pulls up till 12818 area.

Short Selling signal found at 12818 area could be a good opportunity in NICKEL

Stay connected for next post for NICKEL.

 

LEAD :

Trend – Aggressive downtrend.

We are eagerly waiting for the upside pullback till 1896 area.

Any bearish rejection found on 1H or 4H or Daily time frame at around 1896 area would be an short selling opportunity for LEAD.

We will have the patience to wait till the desired location as shown above.

We will post if any potential opportunity arrives.

 

ZINC :

Trend – Aggressive down.

Any upside pullback starting from 2645 to 2722 area would be a short selling opportunity for ZINC.

We are waiting for any bearish rejection on 4H or daily time frame at around 2645 or 2722 area.

Watch for the next post on ZINC.

 

COPPER : 

Trend – Aggressive down.

We area interested to watch a upside pullback to go short at around 6143 area.

Any bearish rejection on 1 H , 4 H or daily time frame would be a short selling opportunity for LEAD.

Waiting till 6143 area and finding a bearish rejection would be a good decision for copper.

Stay connected for next post for COPPER.

 

GOLD :

CLICK HERE to see the previous post on GOLD .

Buying signals can be observed on 1H or 4 H or daily time frame to join the bullish trend till price lies above 1268 area.

Target can be projected at around 1305 area .

Any close below 1268 will nullify our buying views.

 

CRUDE OIL :

Trend – Short term downtrend.

CLICK HERE to see previous post on Crude Oil.

Friday we got a inside bar in crude oil which may continue the bearish trend as shown in the above price chart.

If inside bar breaks downside , we can expect aggressive fall till 55 $ area or else we can see a upside pullback till 60.68 $ area and find bearish rejection to rejoin the bearish fall till 55 $ area as shown in the price chart above.

 

Natural Gas :

Trend – Mild bullish.

We got multiple inside bar at recent support level as shown in the above daily chart of Natural Gas.

The above inside bar breakout can be preferred to trade in the upward direction for the target of around 2.724 area.

Stop loss can be placed at the low of parent candle i.e at 2.538 for the target of 2.724 area.

 

EURUSD :

Trend – Aggressive down.

We got two times bearish rejection from the multiple affected location of around 1.1266 area as shown in the above chart of EURUSD.

We are again interested to observe bearish price rejection at the same location of 1.1266 area.

Clear bearish rejection can be observed at 1.1266 area to board short selling opportunity.

Stay connected for next post update on EURUSD.

Updates for 24th May 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

GOLD :

Please Click Here to refer our previous post on GOLD.

Trend – Bullish above 1268 $ area

We got mild bullish rejection on 21st May near the desired location of 1268 $ area and if combined with 22nd May , then we got a state of consolidation know as inside bar.

We can see price exploded bullish from inside bar as shown above.

Long entries was supposed to create at the day 1’s high of inside bar.

Those not already long can observe a short downside pullback till 1277 area for the target of around 1300 area.

We remain aggressive bullish as long as the price lies above 1268 $ area.

 

CRUDE OIL : 

Please CLICK HERE to refer previous post for CRUDE OIL.

We got aggressive fall in CRUDE OIL as expected from the bearish pin bar.

Those not already short can observe a upside pullback till around 60.68 $ area which becomes flip resistance for short sell opportunity.

Any upside pullback would be a strong selling opportunity for CRUDE OIL .

Expected downside target is seen at around 54 $ area in coming days.

 

SIEMENS LTD :

 

Above is the daily price chart of Siemens Ltd.

Trend – Uptrend

Price Action – False Break of resistance with aggressive dual bearish rejection.

This counter trend pin bar can be traded downside with a tight stop loss of 1242.

Short selling entry was ideal at around 1206 till 1215 area which was the fifty per cent entry of the bearish pin bar for the target of around 1097 area or 1:1 as per the short entry or else early exit or stop loss railing method would be preferred in this case because of the counter trend trade.

Stay connected for the further updates.

Weekly Trade Setups – 20th May to 24th May 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

XAGUSD :

Trend – Bearish

It is clearly seen in the above price chart , SILVER has closed below the multiple hadse wala area and opened the doors to move down.

Wait and watch clear selling signals if we get a upside pullback starting from 14.571 to 14.989 area.

14.571 to 14.989 seems to be strong flip resistance area to observe selling signals to board downward bearish rally,

Stay connected we will post if any potential signals arrives at the above mentioned boarding point.

 

XAUUSD :

Trend – Neutral

1268 $ area seems to be potential area to take judgement for GOLD as shown in the above price chart.

We will have long views strictly if we get long bullish rejection at around 1268 $ area.

Time to stay away and observe price behavior at 1268 $ area to take further trading decisions.

Stay connected for further updates on GOLD.

 

Natural Gas :

Trend – Mild Uptrend

We can clearly observe price has started making higher lows as shown above.

Around 2.625 area is seen as a flip support area.

We have buying views from 2.625 area for the target of 2.724 area

Buying signals can be observed on 4 H or Daily time frame at around 2,625 area for the upcoming target of around 2.724 area.

Also we have strong selling views at  its strong resistance area located at 2.724 area as per the long term downtrend view.

Any selling signal formed at around 2.724 area on 4H or Daily time frame would be an selling opportunity.

Stay updated for next post on Natural Gas.

 

CRUDE OIL :

Trend – Long term Uptrend – Short term downtrend

We found a strong bearish rejection on 13th May as shown above in the price chart of CRUDE OIL

We traded this bearish pin bar downside as price was rejected heavily to open the downward path.

Now we can see price is nearer to stop loss but still price has not closed above the bearish pin bar.

Still we expect price may fall aggressive for CRUDE OIL till price lies below 63.50 $

Stay updated for next updates on CRUDE OIL.

 

LEAD :

Trend – Aggressive downtrend

We can see clearly price has closed below the multiple affected zone.

We have strong selling views after a short upside pullback till its flip resistance area located at around 1892 area.

Action – Any bearish rejection found on 4H or daily time frame at around 1892 area might be a strong selling opportunity to board bearish rally.

Stay updated for next post on LEAD.

 

ZINC :

Trend – Downtrend

We are eager to see a healthy upside pullback till starting from 2684 to 2722 area , which now becomes flip resistance area to find potential selling signals on daily time frame,

Waiting till flip resistance if price pulls up till around 2684 to 2722 area would be a good idea for ZINC.

Stay connected for next post on ZINC.

 

NICKEL :

Trend – Downtrend

We have strong selling views for NICKEL from price strength starting from 12110- 12511 – 12811 area.

12511 area seems to be a good 50 per cent healthy upside pullback to catch a bearish rally for NICKEL.

Clear selling signals on daily time frame can be observed at around 12110 or 12511 or 12811 area.

Better to work on clear signals in NICKEL at the above mentioned flip resistance areas.

 

NIFTY :

Trend – Short term down

Multiple inside bar is seen in Nifty at its flip resistance area on 14th , 15th and 16th May.

Nifty exactly bounced up from its flip support area of 11115.

As shown in the above chart of NIFTY multiple affected i.e hadse wala area is seen ahead at around 11565 area.

If we get bearish symptoms at around 11565 area then we are in a mind set to short sell Nifty aggressively.

Clear selling signals has to be observed at affected zone of around 11565 area.

Stay updated for next post on NIFTY.

 

AUROBINDO PHARMA :

Trend – Aggressive downtrend

Closed strongly below dhoondo dhoondo hadse wala area of around 698 area.

Also ruptured the long term side way structure downside as shown in the above price chart.

This downside ruptured opened the new targets for price at around 528 area.

We are now eager to see bearish rejection at around 698 area to board into bearish rally downside.

Stay connected for next updates on Aurobindo Pharma.

 

Tata Motors Ltd :

Trend – Downtrend

Closed below the affected zone of 200 area.

Now we are eager to see the upside pullback till 200 area.

We hope to get bearish rejection at around 200 area to get in line into the downward move.

Stay connected for next updates on Tata Motors.

 

YES BANK :

Trend – Aggressive downtrend

Price closed below the strong support area of around 162.

We area in a mind set to see a upside pullback till 162 area and if we get selling signals at 162 area then we have a aggressive short selling view as per the price action created in the above chart of Yes Bank .

We will update on Yes Bank.

 

GBPUSD :

Trend – Downtrend

Any upside pullback starting from 1.2871 to 1.2986 area would be a short selling opportunity if we get bearish rejections.

Stay connected for further updates on GBPUSD.

Updates for 26th April 2019

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

Zinc : 

Above is the daily chart of ZINC.

Trend – uptrend

Multiple affected area is seen at around 2720 area.

Price is in consolidation since from last two days creating an inside bar at reversal affected area at around 2720.

Reason – Inside bar consolidation state formation at multiple affected area.

Pullback seems to be strong healthy at around 2720 area.

Action – Inside bar formed can be traded in bullish direction with a stop loss of day 1 i.e of 24th April’s low of daily candle.

 

LEAD : 

First one is daily price chart of Lead and second one is the 4 Hour descending channel chart of LEAD.

Lead – Clear side way structure seen in the daily chart as shown.

Price seems to be struggling at the arrived support area.

Small bullish rejection is found at multiple support area. We did not got clear bullish pin bar as expected but small risk can be taken at the arrived location.

Also Lead is passing through bearish descending channel as shown above. For confirmation we can wait for channel break and then enter long after retest,

Reason – Small bullish symptoms found at key support area.

Action – Lead can be bought strictly only if high of 23rd April candle breaks.

 

Weekly Trade Setups – 10th Sept to 14th Sept 2018

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

 

LEAD : 

Price is below the key support area below 2078.

We were eager to find price action sell signal at around

2078 which is a strong resistance area

Price has failed to close above 2078 which indicates sellers are more aggressive at resistance level of 2078.

This situation can be traded short side with a stop loss of 2093 for the target of 1925 area.