Nifty : Still some upside left ???

Dear All,
                We are presenting a detail Analysis of Nifty Here .......we  Might be dividing for C wave Down ...

Currently we are in minor wave 4 of Big Wave C down .......as per theory Wave 2 and wave 4 tends to alternate ....wave 2 was sharp zigzag .....so we can expect wave 4 to be complex .....i.e. triangle /Irregular also.  Wave 4 tends to retrace max of .382%  to 50% ret  ..........u can see levels of these ret in chart shown
Above ................as soon this wave 4 ends we will resume down trend ....for  5 of c going down .

We can label this up move in two ways ....first is shown above with possibility.

Second way we can interpret this move is shown above .

Please Note trading in wave 4 is very tedious task as wave 4 has a habit of taking any shape ..


In Both case ..........Aggresive Seller can short Nifty as per spot levels between 5739---5792 target 5516--5480 with stoploss of 5800 nifty spot on closing basis .

Thanks & Regards
Abhay Mehrotra

Nickel : Sell On Rallies ????

Dear All,
                 Nickel Might be ready for going down from Medium Term perspective ....any short term rally should be used to Sell ....

Kindly chk charts

Thanks & Regards
Abhay Mehrotra

Ng : Still some updaide Left ??? Or Down Trend Begins???

Dear All,
                   In our last post we told you that if Ng close below 211 we can see down trend starting Ng never given a close below after that update ........we also said that aggreisive seller can short at 217 with 5 point sl for deep down side targets unfortunately  ....aggresive seller got hit with sl ...........now what next ..

219 is Key level below close 219 ..will be first conformation of Ng going down ...else we can still see some
more upside .. till 230--235

Kindly chk charts .

Thanks & Regards
Abhay Mehrotra

Nifty Buy or Sell ????

Dear All,
                  Nifty Might be sub dividing For Wave 3 or C wave down ....

Aggresive Seller can Short Nifty as per Nifty spot levels between 5739--5780 targets 5500--5480 stoploss close above 5800 Nifty spot .

Conservative Seller wait for close below 5688 Nifty spot to go short ...

Close Above 5800 will force Bear to cover there short and then we can see levels till 5872---5910 levels .

Kindly chk chart

Thanks & Regards
Abhay Mehrotra

Crude Completed Our Updated Targets???? What Next??

Dear All,
                  We gave buy on crude  from 4934 levels ...........and our all Long targets are getting meet day by days .



On March 6 we gave following update crude hit 4925 low in march we recommend buy at 4934 levels ...
http://www.abhaymehrotra.blogspot.in/2013/03/crude-short-term-spike.html


In last post we told you 5100 will be they key levels for reversal .... kindly read .....
http://www.abhaymehrotra.blogspot.in/2013/03/crude-second-target-done-booked-250.html


Now what next ....

Kindly chk charts

Thanks & Regards
Abhay Mehrotra

Silver : We got it Wrong ???? What next ???

Dear All,
                  We were  bullish on Silver in Short term ........after our update on 12 march ....silver did bounce to 55000+ levels .........http://www.abhaymehrotra.blogspot.in/2013/03/silver-zoomingggggg-after-our-update-on.html

And gave alert when it started choppy moves http://www.abhaymehrotra.blogspot.in/2013/03/silver-showing-choppy-movescaution-ahead.html

Since Silver Sold off today ............let analyze the probabilities .......

We recommend to avoid trade in Silver as of now ..........only high aggressive traders can  takes trades on long side


kindly chk charts....

Thanks & Regards
Abhay Mehrotra

Copper Hit Perfect Targets......What Next ???

Dear All,
                 In last Post we told you still some pain left in copper  ...........copper bleeds away and made low of 396.50 levels   we were short on copper from 448 levels .........now what next ...........Kindly chk charts

Thanks & Regards
Abhay Mehrotra