Copper : Target Hit ......what next ???

Dear All,
                     On Feb 6 we have given update on Copper to go short ..........at 448 .....Target were 425--418 .which were complete meet   kindly chk this link http://www.abhaymehrotra.blogspot.in/2013/02/copper-short-term-update.html   .

Now what next ........We expect choppy trade in copper as wave 4 is on ..........if we get 435--437 levels then we can short on copper for deep down side targets. else wait for conformation of ending of wave 4 .



Copper : Short term targets meet
Copper : Medium -- Long term Bearish ......sell on rallies advisable .


kindly chk chart.

Thanks & Regards
Abhay Mehrotra

Nickel : Short term Top out ????

Dear All,
                     Nickel might have completed wave 4 and can now dip for wave 5 down ........
We expect WEAKNESS in Nickel in coming days ..

Kindly chk charts .

Thanks & Regards
Abhay Mehrotra

Stopped Out In NG : What next !!!!!!!!

Dear All,
                    We been stoppped out in NG trade ..........now what next .

We still believe this upmove is corrective ...we will wait for daily reversal signal in form of Doji, hanging man , bearish engulfing on Ng and then we will short NG .....

so as of now wait and watch for proper risk reward trade .

Thanks & Regards
Abhay Mehrotra

Silver : Close to short term reversal

Dear All,
                  We might be close to Short term Bottom in Silver ........ As we might have completed decline in 5 wave now will advance in abc mode on up side

Silver : Short to very Short term : Bullish

Kindly chk charts ....for targets

Thanks & Regards
Abhay Mehrotra

Gold : Dead Cut Bounce Coming ????

Dear All,
                   We expect Gold to Give a dead cut bounce on upper side ..........Kindly chk charts Plz.

Gold : Short to Very short Term : Highly Bullish.

Thanks & Regards
Abhay Mehrotra

Crude: Short Term Spike ???

Dear All,
                     Though Crude is in major downtrend .....that we already told you ....but on short term basis ....i think we have spike on upside coming,  we might about to complete decline in 1-5 fashion and can now move up in ABC mode.

Aggressive trader's can Buy Crude between 4934---4916  target 5090----5130 with stoploss of 4880.


Crude : Medium to Long term : Highly bearish ---->>> Target 3000---1600
Crude : Short term  to very short term  : Bullish ---->>> Targets 5090---5130


Note : Long and medium term outlook will override short term out look so Buying crude is against main trend .

Kindly chk charts


Thanks & Regards
Abhay Mehrotra

Natural Gas : Near Reversal ????

Dear All,
                   We might have completed abc of B wave up in Flat now will resume down trend with c wave going down in coming days  .


We can Sell Ng between 196.70--197.60with  stoploss of 201 on closing basis. 

Ng : Short to Medium Term : Bearish ...........Targets chk chart.


Thanks & Regards
Abhay Mehrotra