nse tips

sell maruti  @ 8950 target 7750 contact 8885237899

bank nifty tips

sell bank nifty@ 25520 sl 25600 target 25420/25370/25320

nse tips

buy ubl @ 1096 sl 1075 target 1115/1125/1135

lead tips

posittional sell lead@ 164.50 sl 166 target 161/158/155

natural gas tips

buy ng@ 172.50 sl 169 target 176/181

Zinc Trading Zones: February 21–March 2, 2018

Since my last look at zinc, the metal seems ready to enter the inside of a Stiff Resistance zone, which points to steep downward moves during the upcoming weeks. Expect a propositional trading zone from February 21 to March 2.

Lead Trading Zones: February 21–March 2nd, 2018

Since my last look at lead, it looks like the metal is about to complete a correction phase due to the steep recovery in the dollar index, which points to an upward trend in the upcoming weeks. I expect a propositional trading zone from February 21 to March, 2018.

Aluminum Trading Zones: February 21–March 2, 2018

Since my last analysis of aluminum I find the metal is still struggling inside the Bullish Consolidation zone, which points to steep downward moves during the upcoming weeks. Based on that outlook, I expect a propositional trading zone from February 21 to March 2.

4-Hour Aluminium

Elliott Wave Analysis: Gold Can Do A Double Correction

Short Term Elliott Wave view suggests that the yellow metal is still correcting cycle from 12.13.2017 low ($1236.30) as a double three Elliott Wave structure. Down from 1.25.2018 high ($1366.06), the decline is unfolding as a double three where Minor wave W ended at $1306.96 and Minor wave X bounce ended at $1361.81.

Minor wave Y is in progress and the subdivision is also unfolding as a double there where Minute wave ((w)) ended at $1324.75 and Minute wave ((x)) ended at $1336.21. Near term, while bounces stay below $1336.21, but more importantly below $1361.81, the yellow metal has scope to extend lower towards $1288.27 - $1302.28 to end Minor wave Y. Afterwards, expect gold to resume the rally higher or at least bounce in larger 3 waves to correct cycle from 1.25.2018 high. We don't like selling the proposed pullback

For this view to be gain more validity, gold needs to break below Minor wave W at $1306.96. Until then, there is no guarantee gold will extend lower and the right side remains higher as the yellow metal still has 5 swing bullish sequence from 12.15.2016 low. We do not like selling the proposed pullback and expect buyers to appear at $1228.27 - $1302.28 (if reached) for a 3 waves bounce at least.

Gold 1 Hour Elliott Wave Chart

Gold 1 Hour Feb 22 Chart

ew cycle

comex gold

comex gold all targets achieved @1329