Wednesday, May 27, 2015

Patterns in Crude Oil - 27May15


In Crude 30 mins chart, bullish ww has formed and triggered at 3740 targeting 3820/3880


In Crude 15 mins chart, IHNS might be forming, where prices can retest the breakout point of bullish ww and give breakout on upside.

Nifty - Probable IHNS 27May15

Nifty 60 Mins - IHNS Pattern
Inverted Head and Shoulder has formed and will trigger above 8490.  Safe longs advised only above 8490 for the targets given as in chart keeping sl at 8350 after breakout
OR,

Buy now at cmp 8323 with SL 8277 for tgts 8490/8700/9000.

All values are in spot


Sunday, May 24, 2015

Patterns formed in Silver - 25 May 15


Bearish WW in Daily Chart:
Bearish WW has formed at 39220 in Daily Chart. Shorts are advised at cmp (38928) and keeping SL as day close above 39220. Targets can be looked as 36200 and below.

Bearish BAT Harmonic in Daily Chart:
Bearish BAT harmonic pattern has been formed in Silver Daily chart. Look for new lows in coming days.