Technical view on AXISBANK: According to technical view RSI and MACD both are indicating for selling, and also it is on long-term resistance is following.
Resistance nearby 636 and 643 can be expected heavy selling. Target can be expected first target 612 nearby, and 2nd target: 602 to 597.
Silver trading strategy for this week
Did you read our silver report? If not, click here.
“Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Below 38K look for further downside with 37650 – 37300 – 37000 as targets. The bullish trend will resume after closing price above 39100. Sellers must beware after the breakout of 38650 level.“
Further information about silver will update on market hours for paid subscribers.
Important Update of Natural gas
What had I written about Natural gas on Sunday? Must read, click here.
I had written, “…In this week hurdle level of 201 is very crucial. Above 201 looks for further upside with 205 – 207 as targets.”
Yesterday Natural gas made high of 206.2 and closed at 205.4. The first target of this call has achieved.
Zinc is unstoppable commodity
Zinc is sellable up to 172.6 – 171.6 level.
Exact entry level with stop loss will update for premium subscribers.
Note: Mentha oil has crossed our 1675 level (click here). We may see the 1700 – 1720 – 1740 levels now.
Technical Report of Gold
This week Gold can touch the following target levels:
These targets will come with one condition:
If that condition break, following levels will come.
Watch 201 level of Natural Gas
This week best trading strategy for the Natural gas is described below:
In the last report of Natural gas, we made a buy position. It has touched all target. In this week hurdle level of 201 is very crucial. Above 201 looks for further upside with 205 – 207 as targets. And short positions below 201 with targets at 198 – 196 in extension.
Mentha oil Uptrend Paused
In the last trading session, mentha oil has touched all intraday targets and closed negative (-21.3 rupees). We may see a decline this week. But uptrend isn’t over yet. It will restart after breakout/close above 1675 level. Further information about MCX Mentha oil will update shortly.
Cotton Aim to Hit 25,000?
In the previous years, all-time high level was 23990 level (2016 year) of MCX Cotton. And in the last trading session, it made a new high of 24280 and closed at 24180 (+210).
Targets: 24400 – 24700 – 25000
Exact entry-level and stop loss available for premium members only.
Long positions above 1.29941 with targets 1.32064 – 1.32580 – 1.33498 in extension.
Below 1.29941 look for further downside with 1.29520 – 1.29118 – 1.28784 as targets.
What had I strongly said about GBPUSD @ July 29, 2018, 11:52 pm(IST)? Click here
GBPUSD: Buyer fails to reattempt.
Short positions below 1.30749 with targets at 1.30464 – 1.29835 – 1.29079 – 1.28406 in extension.
Above 1.30749 look for further upside with 1.31376 – 1.31999 levels
All targets has been achieved 1.30464 – 1.29835 – 1.29079 – 1.28406 levels.
PEOPLES LIKES & COMMENTS
Thank you for your post. This is excellent information. It is amazing and wonderful to visit your site.
- Saikumar Adapa
sir from last few days i am following your newsletters and after mentha oil and natural gas's target i want to join you.
- Pramod Mulam
"I am trading in commodity market since last 4-5 years; I have subscribed commodity tips services of 4-5 advisory companies. I think no one can provide 100% accurate commodity tips in MCX market. But your accuracy is highest among all other commodity tips companies"
Mcx gold today bay sel
- Anthony Avlon
I am impressed that you are providing realistic targets and helping us to deal with the market. sir from past few days I'm observing your site and I am just amazed by your calls and I wanna join you.
- Bhavesh Gadag
sir natural gas's target has come
- Prakash Das
your commodity tips and update helped me to make some profit. thanks for the natural gas call.
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