Trading Idea : Gold

Dear All,
                  Short to very Short term Bullish: Target --- 31900---32090
                  Medium term Bearish :  Target 30740----30300

Let chk some of the charts ..

It is quite clear in hourly charts that we have come down in 1-5 wave down ........now expect abc up .in short term followed by 1-5 C wave down ....let chk some of charts .

Wave 3 was 261.8 of wave 1-2 .

Wave 4 was 23.6% of 1-3 .

Wave 5 was 61.8% of entire 1-3 .

Targets for this upmove  are 31900----32090 .

Thanks & Regards

Abhay Mehrotra

Trading Idea Copper (Update 2)

Dear All,

                       In last post we told you we were Bullish in short term , bearish in very short term and bearish in Long term .....let see how price action has unfolded.

Market complete prove us wrong in very short term scenario and Copper hit 435.80 levels .....now what next lets analyze ...

Long term Bearish for 1-2 years  Target : 300 sub 300 levels

Short term Bullish Targets : 438---443--448 levels

Imp : Till 430 holding on closing basis more upside is possible ....so hold your longs with trailing sl of 430 .

Thanks & Regards

Abhay Mehrotra

Trading Idea Copper (Update 2)

Trading Idea Silver(Update 2)

Dear All,
                   In last update we told you that .......if silver trade below 61400 we can see Huge sell off ...but silver made low of 61510 and then bounce sharply and hit 63633 ........Now what next ..

This trade idea is based on assumption that we have completed Wave e of Wave B and now will go down for Big C ....and completed wave 1 or A down and Moving up for wave B or 2 ....Is still B up on or we can go down lets analyze the price action....


From Following charts its clear that trend is up till we hold 62900  ..........if we break and close  below 62900 than we can see huge sell off .

Aggresive trader can sell Now between 63600---63000 with stoploss of 64000 .

Conservative trader wait for close below 62900 and then go short ......

Imp : Till 62900 hold  more upside is possible.


For Live trading calls Kindly Send me mail to abhaycfa10@yahoo.co.in

Thanks & Regards
Abhay Mehrotra

Trading Idea Crude Oil(Update 1)

Dear All,
                 In last Post we told you that we are Bearish in Long to Medium term and Bullish in Short to very Short term

Let see how price action has unfolded.

I think we have done" a" of ABC and might be completed" b" down at 4780 and now can go for final C wave up , targets will be 4980---5205.


Thanks & Regards
Abhay Mehrotra
    

Trading Idea Copper(Update 1)

Dear All,
                We told  you in last post that we are  long term bearish in Copper and Short term bullish .

Let see how price action has unfold ....copper  bounced exactly close to 412 levels from 412.65 it hit 429.70 close to our first target 433 ... Now either we have Full abc done else we have done A of abc, in both case we are going down .........tgt are 419.50----417.50 in short term . Till 412 hold .....we have our Short term Bullish count hold ..if we break 412  that means we have done Full abc up at 429.70 and will start "c" of C down.

Copper Long to Medium Term : Bearish 
Copper Short Term : Bullish
Copper Very Short term :Bearish 



Thanks & Regards
Abhay Mehrotra

Trading Idea : Silver (Update 1)

Dear All,
                 In last post on Silver ..... we told we are long term bearish and Short to very short term bullish .....price action seems to "agree" with our analysis and has rewarded some good gains on upside .

We have done more than 50% ret of the fall ..........now let analyze how probable price action take place.

Long term  to Medium term View : Bearish target 53200---sub 45000 levels .


Short term / very Short term : Bearish target 59142----sub 58000 levels( Break of 61400 required)

in last post we analyze that we have came down in abc mode it is either wave 1 or wave A of Big C down ,
and will retrace up, that exactly what price action did .......we hit 61971 which is  more than 50% ret of entire fall .. so now either we have done complete ret in form of abc else we have completed A of abc ........in both case we should go down with min. tgt of 59150 if we trade below 61400.

Thanks & Regards

Abhay Mehrotra

Trading Idea : Crude Oil

Dear All,
                  Crude Outlook ---

Long Term For 1 to 2 year : Bearish Target : 3157 ---1600

Short term to very Short term : Bullish Target 5025---5127.


Thanks & Regards
Abhay Mehrotra

Trading Idea : Copper

Dear All,
                 Presenting Trading Idea Copper .


                                      Long term Bearsih ---------- Target 302 Sub 300 levels.

Medium term to Short term Bullish: Target 433--443---448 levels

Thanks & Regards

Abhay Mehrotra

Trading Idea : Silver !!!!!!!

Dear All,
                 I am starting a new Series call trading idea's.in this series ...we will analyze the price action and according to that we will trade these idea's and learn from market price action .......our trade's direction will change as per market action ....we will not force our analysis on market ......we will let market guide us .


Trading Idea Silver : Bearish Medium to long term / Bullish Short to very short term .

Thanks & Regards

Abhay Mehrotra

Lead Analysis Update !!!!!!!!!

Dear All,
                   Last time i told u , we might have toppet out close to 120 levels and recommend to Short lead with stoploss of 122.50 , Lead hit 121.60 and break down .... now what next , please chk update charts ...

Updated targets are as follows 114.80----113.25----110.98 .

Thanks & Regards
Abhay Mehrotra

Lead Buy Or Sell ????

Dear All,

               We recommend to Short lead between 120----120.50 target 114.20---112.77---110.71 stoploss 122.50 .

If today lead completed 1---5 wave up .. it may come down in abc fashion for said targets.

Thanks & Regards
Abhay Mehrotra

Copper Short term Update !!!!!!

Dear All,
                I think we have extended 5 wave down ......extension in 5 wave often lead to dramatic reversals,
we expect 5 wave to end near 412--409.30 levels ...

In Short term Buy Copper Nov between 412--409.30 target 433 --438  stoploss 405.


Thanks & Regards
Abhay Mehrotra

Copper Buy Or Sell for Long term ????

Dear All,
                    Under Current Price Action so far Copper is set to nosedive to sub 300 levels  within 1-2 year on MCX .

Will be clear from following chart.

In very Short term a spike can come till 433---- 444 levels at best chk chart 1, then we will resume big downtrend on down Side chk chart 2 .

Thanks & Regards

Abhay Mehrotra

Natural Gas Update !!!!!

Dear All,
                 We expect Natural gas to break down to lower levels of 154 in coming 1-2 months ........it's sell on rally on NG . Why chk the chart please.

Thanks & Regards

Abhay Mehrotra

Silver Buy OR Sell ?????

Dear All,
                Silver sold off badly ...now what next .... we recommend to Buy Silver Dec Between 58000----57450 target 61561---62543---63284 stoploss 56800 .

Why we recommend Buy ,reason will be clear from following charts .

From Monthly charts it is clear that we are in B wave of 4 wave Down ..abc done in triangle .. we either have completed d wave down and now starting e wave up to complete triangle else a of done we are going for b up for d then we will come for c down of d .......in both case ....in short term prices seems to tend up .

chk charts .

Thanks & Regards

Abhay Mehrotra

Gold Buy OR Sell ???

Dear All,
                  Last week Gold sold off badly in last week ....Now what next ......let analyze diffrent possibility.

1.Bullish In Short term 15--30 days .


It seems Gold has declined in 5 wave down .And Now we expect to move upside for retracement.

chk the chart

Now let chk some Fibo Relationship .

1.    1.   Wave 5 is most of time 138% of wave 4 , that’s exactly what had happened here , there is a possibility of declined to 161.8% is still open .

      Wave 5 target is also 38.2% or 61.8% of Wave 1-3 ….thats exactly so far prices have reached .....Now We Think .....We can Buy MCX Gold Dec with stoploss of 30300 basis for target mention in chart . Below close of 30300 Bearish scenario will come into play given below ...........till 30300 hold on closing Bulls will bounce back .

22. Bearish In Short to Medium term  1---3 months. --- As per this scenario we are into 3 wave down of Big C wave down with targets A=C --- 29676, 1.618 A to B =28587.

Thanks & Regards
Abhay Mehrotra

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