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Targets: 169.3-165.3-162
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Intraday traders may buy Mentha oil at opening bell with stop loss yesterday low.
Targets: 920-925
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CPO is for small traders. They can buy for 548 levels. It’s flying bird!
This week MCX Gold: 28,350-28,050
It can move up but from where? I will say to my premium subscribers but look at above chart for reference purpose.
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On last week, what I had said about Silver to premium subscribers?
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I had said to subscribers, “Today very important day for bullion traders and silver is running in very crucial area. Sellers should Sell more this week because 39200-38840-38570 levels are waiting for you.”
And silver made low 38778 on last trading session and completed our second target. Now what are you expecting? Will it hit my last target ?
I got a couple of emails for new updates about MCX Nickel. I just want to say to buyers & sellers, both are right now in a safe zone. Critical areas start from 544.6 level and end at 523 level. This week nickel can easily slip / touch to critical area first level but …it’s a very dangerous area for buyers and sellers. If it stays above 544.6 level then it will take a U-turn and touch again 590-620 levels OR if nickel will close below to 544.6 level then we will see a 523 level in 2-3 weeks.
Targets: 840 – 820 – 800
Note: if it will close above yesterday’s high, then we can see some positive moves, so I would recommend do not enter if this thing happens.
In two weeks, mentha oil gained +81.7 rupees. Next week, we can expect targets: 888-900-908. Strong resistance level is 944 for long term buyers, so they can stay on hold until mentha hit this level.
Mentha oil uptrend will be change if it closes below the 845 level.
Over last 4 weeks, cotton is moving higher and higher. Soon we will see 17580 level.
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If I would like to say something about Gold then first I recommend to check my 4th Apr 2016 newsletter (click here) in presented technical chart. It’s exactly moved how I had predicted, and now Gold times come to take U-turn soon.
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Indian Gold is going to open positive. Are you planning to buy / sell? Ah! Wait… You must be watch 1066.5 level. Yes, if it crosses over or stay above the that level for an hour then gold will show unstoppable up moves, but I’m thinking, in present time you must sell the gold for 1060-1058.5.
Unlock This ArticleBest commodity for today. Clear sell signals! Hurdle: 904.5 level Targets: 899-897
Remember, if it will stay above an hour to hurdle, then it may cross over 907-911 levels.
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What I had written in the morning about mentha oil? If you forget that then click here and read it again.
Before the market opening bell I was saying, “I don’t know what the peoples are saying about MCX mentha oil but I would like to say that this time for make sure profit! …but if it starts showing buying pressures then remember it will break today 902-906+ levels.“
Mentha oil kissed all targets & made high 924... To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
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