Wednesday, January 23, 2013

Trading Idea : Copper Update bang on targets !!!!!!!!

Dear All,
                  In our last update we told you we are bearish on Copper from 452 levels and looking for down ward movement in Coming days .............copper bleeds away and market seems to Agree with our Analysis .
Now what next ......... we think copper might take a pause at 433--431 levels before going down .
Dead cut bounce expected in Copper at 433--428 levels ... Over all Bearish In copper.

Copper : Medium Term Target : ---- below 400

Copper : Short Term : Expect counter trend move from 433--428 levels .( Use rallies to Sell )

kindly chk charts ....


Thanks & Regards
Abhay Mehrotra


Friday, January 11, 2013

Trading Idea : Natural Gas (Short term Update )

Dear All,
                 We were bearish on NG and given target of 170--167 levels .........NG hit 170.70...... 2 days back . now what next .....

It seems we have completed first leg of decline in form of  wave 1 or A and now will go for wave 2 or B wave up in ABC fashion


NG Medium term : Bearish ..........Target --->>> 155
NG Short to very Short term : Bullish Targets --->>> 193---199--203

Kindly chk chart...

Thanks & Regards
Abhay Mehrotra

Thursday, January 10, 2013

Trading Idea: Gold (Short term update )

Dear All,
                 We are bearish on Gold and sub dividing in Big C wave down ....might have Completed wave 1 or A down and can go up for Wave 2 or B up


Gold Medium term : Bearish --->>> Target 29624 ----29000

Gold Short to Very Short term Bullish --->>> Target 31400----31800


Kindly chk charts

Thanks & Regards
Abhay Mehrotra




Trading Idea : Silver (Short term update)

Dear All,
                    We are bearish on Silver from medium term perspective ....and might be dividing in Big C wave down ..........we sense that we might have finished 3 wave down and now move up in Wave 4 in very Short term .

Silver : Medium Term : Bearish --->>> Target 55800--52000
Silver : Short to very Short Term  Bullish ---->> Target 59200--59450---60000

Kindly chk charts .

Thanks & Regards
Abhay Mehrotra

Tuesday, January 8, 2013

Trading Idea: Crude (Short term update )

Dear All,
                     We were bullish on crude frm 4700 levels and gave target of 5000---5200 ..........so far we hit today 5164 levels ....now what next

We might be close to complete C wave up of abc up .............and can start Big c wave Down ...

Wave 5 target normal 61.8% to 1 of distance from 0----3 ............so far 61.8% seems to done at 5164 levels ...if it goes for equality then  we can see levels of 5235    else  ....now if we break and close below 5105 we will start Big C wave down 

Crude Medium term Bearish ---- Target 4500
Crude Long term Bearish ------Target 3000---1600

Bulls be cautious Now in Crude 



Kindly chk charts

Thanks & Regards
Abhay Mehrotra



Saturday, January 5, 2013

Trading Idea : Gold ( Short term Update)

Dear All,
                   We are bearish on Gold from 32000  levels ..........kindly chk our previous post....we are continuing with same view ....

Gold :Short to Medium term --Bearish Target ---->>>29624---29139

Kindly chk charts

Thanks & Regards
Abhay Mehrotra

Friday, January 4, 2013

Trading Idea : Crude Oil ( Short term Update )

Dear All,
                    In our last post we told we might go for C wave to complete ABC up and given target of 5000---5200 ..........we are close to 5200 now .........
 http://abhaymehrotra.blogspot.in/2012/12/trading-idea-crude-oil-short-term-update.html


 ............we are sub dividing in C wave up ........and close to some imp Resistance levels in Crude...

Crude long to Medium term : Bearish target --->>3000/1600 

Crude Short to very Short term : Bullish to Neutral  --->>>>-5134---5200


Imp: We expect Reversal in crude between these levels ..........


Bulls can trail with 5000 as trailing sl .




Kindly chk chart ...

Thanks & Regards
Abhay Mehrotra




Trading Idea : Silver ( Short term Update )

Dear All,
                  In our last post we told we are bearish on Silver .......http://abhaymehrotra.blogspot.in/2012/12/trading-idea-silver-short-term-update_20.html.

We are sub -dividing C wave down ...

Targets remain same sa given in last post

Silver : Short to Medium term --->> Bearish--- Target 55800--55600----52800 .

Kindly chk chart.

Thanks & Regards
Abhay Mehrotra

Wednesday, January 2, 2013

Trading Idea : Copper ( Short term Update )

Dear All,
                      In our last post we told we might resume downtrend but copper bounced back sharply and made high of 452.40........

View remain Bearish on Short to Medium Till we get a close above 452.


Short to Medium term : Beairsh --- Target --->>>400---377.


Kindly chk chart.



Thanks & Regards
Abhay Mehrotra



Trading Idea:Natural Gas (Short term update)

Dear All,
                In last post we told u we might head for C wave up ............to complete correction ......but NG made a Triangle ...........in abcde form and now trading Down ward ...........C wave has started and can hit target mention in charts above.

We though bearish in Medium term as given in our post 10 days back .........but traded market completly wrong in short term ...

http://abhaymehrotra.blogspot.in/2012/12/trading-idea-natural-gas-short-term.html


NG : Short to Medium term ---- Target 170---167---155


Thanks & Regards
Abhay Mehrotra