Commodities Crude

Time to change our view against Crude

Crude as an asset class worldwide has been seen as a prime suspect for the last years sell off in Equity markets but now its time to rethink on our view. There has been crucial cold war in Crude production between US, OPEC and Russia since start of 2015 which has resulted in glut in crude market but recent news are …

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Commodities Crude

Sell WTI Crude: tgt $35.40

Crude has been the most outperforming asset class this 2016 in terms of Rally but now somewhere it is nearing a small profit booking mode. As i initiated long call a way back at $32 with targets of $40 but now i would take a sell on the crude. Even Iran has intimated that they …

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Commodities Natural Gas

Buy Natural Gas: Tgt:125 SL:119

Natural Gas have seen a complete sell-off in recent times but now it seems that we are witnessing it bottoming out with a positive divergence on weekly charts as marked. If today’s close is above 120.80 (as i expect) than “Bullish Engulfing” pattern would be formed and reversal could be marked. A commodity trader must …

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Commodities Crude

WTI Crude target hit: $38

My final target $38 has been triggered for long recommendation on WTI Crude which was given on post “Crude could rally a bit from here” on 18th Feb! We saw tremendous rally on the crude last night around the globe which was one of the biggest intra-day rally of 2016. Technically now crude has surely bottomed out for the longer …

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Commodities Crude

Crude bottoming out

Finally we have seen some spark in WTI Crude and it has crossed my first possible target $33 which i posted on “Crude could rally a bit from here” on 18th Feb. Interestingly, breakout has given another bullish pattern “Double Bottom” and it the target comes down to $40 which is just above my second target of $38 which is 100 day …

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Commodities Gold

Its Time-out for Gold

Gold had given a good run up since last one year, when interest in the Equities had faded off. But now things could change and money could flow back into Equities after government wining trust back through a budget which was surely repairing our Fiscal targets. Two more fundamental reasons for Domestic Gold to witness sell-off are, appreciating …

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Commodities Gold

Gold to glitter which could be a bit bitter

Gold had been the most under performing invest asset since last 4 years since it pinched to new high but in recent past it has outperformed all the equity markets with some quick short term gains. Today i finally managed to get some time to analyse asset from the longer term perspective and just caught …

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Commodities Crude

Crude could rally a bit from here

Crude Oil has seen a great fall from its high last year and global crisis could be attached to this fall. A fight between oil producing countries had led to excess supply and over it now we will have Iran flowing its crude in the world by mid this year. Surely this is the best …

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Commodities Gold

#6 Gold Update: "Old is Gold"

Trading gold or to say investing gold had been the oldest idea and its back for short term. Equity has been showing sign of weakness in near term which was the first sign that made me look at gold chart. And surprisingly it is supporting the inverse rule with Nifty or to say equity in …

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