U.S. Stock Market S&P 500 Stock index future show new high with solid uptrend plus MCX Gold was jumped above 3% on last week and closed below Rs.133 on Friday. Bullion sector is looking weak for this week and metals are very strong rather than gold & silver. MCX Crude oil and Natural gas will move continue downwardly.
Overall MCX Gold is looking downward for this week and It will kiss 28970 – 28730 – 28400 below plus if opening bell downward then intraday targets 29280 – 29130. If once it cross or close continuously above 29790 level then it may touch 29900 – 30000+
MCX Crude oil is 110% downward & very hot! Keep your small eyes on opening bell. Intraday: 6142 – 6110. Hurdle: 6235 Short term: 6080
Sell Natural gas if it close below 228 level. Long term targets: 226 – 224 – 222 – 220 below. Remember, exact time + exact level + stoploss = for paid members only!
Opening bell should be anywhere! Just sell with targets: 446-444 Long term target: 442.5
Who have lion heart? It can play with Nickel. If once open upward then buy buy buy… Targets: 872.5 – 876+. Remember, if open downward then keep silence..
If MCX Kapas khali [Last close: 1642.5] open upwardly then small traders can jump on it like ants. Targets: 1648-1653
Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.
