IMV Commodity: Agro Technical Update

Size: px
Start display at page:

Download "IMV Commodity: Agro Technical Update"

Transcription

1 IMV Commodity: Agro Technical Update From Research Desk In July future: Soya bean Rmseed Castor seed Guar seed Jeera Dhaniya Turmeric (Follow-up update) Cotton Seed Oil Cotton IMV Commodity Research Desk

2 Soya bean As visible in the daily chart, we have seen sharp downside fall in soybean Since Feb 16. It crashed vertically from Rs.3385 to Rs.2643 down by more than 15%.While writing, Soybean (July) future is trading around Rs Now we are expecting a smart recovery in prices with an immediate hurdle of Rs Sustainable move above Rs.2880 (55% projection of ) followed by rising volume could spark a fresh rally towards Rs.3100 and above the same rally likely to continue. Three consecutive closes + weekly close above Rs will see more upside rally till Rs mark in the near month. The momentum indicator RSI-14 hovering within the oversold zone and is indicating re-bounce in prices. On the basis of oscillator, soybean price is taking strong support of its 21 DMA (Rs.2750) and 55 DMA (Rs.2826) showing a strong up move likely to take place in the near term. We will make position on successfully breach of Rs.2880 as an immediate resistance. Traders don t go for aggressive or positional selling at all because trend is positive and we will expect rally to remain continue till Rs initially. For positional trade, stop loss seeing at Rs.2600 which is near to its recent bottom (closing basis). It will get positional weak only below Rs.2600 mark which is unlikely to breach in near terms. Buy Soya bean above Rs Stop loss below 2600*.Target If anything reversal seen will update.

3 Rmseed We have seen downside trend in Rmseed as crashed vertically from Rs.4038 to 3461 but, it is unable to breach its major support level of Rs.3450 and bounced back sharply now trading around Rs.3552 at the time of writing. Here are optimistic about the Rmseed for short to medium term as chances are bright for upside move in it. Following developments in the daily chart, it is in bottom out formation pattern while, oscillator MACD and RSI too indicating positive diversion on charts along with its 21 DMA which stood at Rs Rmseed has a key support at Rs.3450 and resistance at Rs Three consecutive closes + weekly close above Rs.3620 will take it to Rs.3840 and then Rs mark in days to come. We will expect rally to remain continue until and unless any major reversal seen or news comes out from developed arena. So traders don t go for aggressive selling in Rmseed. On the basis of sustainable move above Rs.3620 we will make a long position with the stop loss below Rs.3450 on closing basis. Buy Rmseed above Rs Stop loss below 3450*.Target If anything reversal seen will update.

4 Castor seed As visible in the Daily chart, we have seen sharp downside fall in Castor seed since April 17. It crashed vertically from Rs.5218 to Rs.4089 down by more than 15%. While writing, it is trading around Rs Prices have given a strong break out of upper trend line resistance which is quoted at Rs.4350 with rising volume showing a smart uptrend which is likely to come in the near term. A series of lower lows and lower highs in the daily chart likely to be bottom out in the chart which is clearly indicating further up move in the prices towards the Rs.4480 (34% retracement of Rs.5218-Rs.4089). Three consecutive closes + weekly close above Rs.4480 rally likely to remain continue towards Rs.4710 and then Rs mark in days to come. Rising volume along with momentum indicator like RSI-14 hovering within the oversold zone and is clearly indicating a re-bounce in prices. Moreover, it is also getting support of its 21 DMA (Rs.4315) but, still moving below and 55 DMA (Rs.4460) showing a range bound activity with positive bias may remain in near term. Traders don t go for aggressive selling at all because trend is positive and we will expect rally to remain continue till Rs and 4900 mark in coming months. For positional trade, stop loss seeing at Rs It will get positional weak only below Rs.3900 mark which is unlikely to breach in near terms. Buy Castor seed around Rs Stop loss below 3900*.Target If anything reversal seen will update.

5 Guar seed (Sideways) As visible in the daily chart, we have seen downside trend in Guar seed as crashed vertically from Rs.4129 to 3172 and tried to bottom out here but failed to sustain at higher level. While writing, it s trading at Rs.3258 which near to support level of Rs A breakdown of rising trend line during his recovery path clearly showing that prices still following the major downward trend line and likely to remain continue ahead if once it gives sustainable close below Rs.3170.Three black crows formation in the daily chart clearly indicating the demand for an asset is weakening and when the price break below the lower support (Rs.3170) the downside momentum likely to continue or become stronger. It will be an opportunity to make substantial profits over a period of time. Alternatively, on the higher side Rs.3490 is an immediate major hurdle where once we expect downward correction in prices. Three consecutive closes + weekly close above 3490 will take it Rs and then to Rs.4130 mark in weeks to come, further upside rally will see if closes above Rs RSI-14 (44) is still hovering in the vicinity of oversold zone while, ADX-14 (22) is opposing the strength in it. Prices also traded below its 21 DMA and 55 DMA which quoted at Rs.3328 and Rs.3605 is also a bearish indication in the chart. Traders advised to wait for either side break out of Rs which will set the further trend in it. Wait for either side break out of Rs Rs.3490 which will set the further trend in it. (Weak below 3170 and strong above 3490)

6 Jeera Weekly Chart: Following developments in the weekly chart, we have seen a northward rally with the zigzag mode in the prices from Rs.9665 to Rs While writing it is trading around Rs On seeing weekly chart, Jeera prices taking a support of its rising trend line while oscillator MACD and RSI too indicating positive diversion on charts along with it 21 and 55 DEMA stood at Rs and Rs respectively. Jeera has support at Rs and resistance at Three consecutive closes + weekly close above Rs will take it to Rs and then Rs mark in days to come. On the higher side major resistance seen at Rs and sustainable move above the level rally likely to continue. For short term to medium term outlook, we will expect a rally towards its Rs remain continue until and unless any major reversal seen or news comes out from developed arena. So traders don t go for aggressive selling in Jeera. Try to get an opportunity to buy on decline around Rs and add more lots above Rs with stop loss below Rs on closing basis. Buy Jeera above Rs or in panic decline around Rs Stop loss below 17900*.Target If anything reversal seen will update.

7 Dhaniya Rounding Bottom Pattern : In line with our previous report of Dhaniya we were extremely bearish from Rs.7100 to 4500 and made a low of Rs.4535 on 5 th June.Now prices taking U TURN from here and we are here to share our further strategy in it. We have seen sharp downfall in Dhaniya from Rs to 4535 almost down by more than 60%. Now Dhaniya future is trading around RS As visible in the daily chart, rounding bottom formation seen in the chart which is clearly indicating a positive trend which is likely to be seen in near term. Support is seen at Rs.4800 and resistance is seen at Rs Daily close above Rs.5280 will see sharp upside till Rs and then to Rs.6050 mark in days to come. Beside, Dhaniya is trading above 21DMA which is at Rs.4847 while, MACD and RSI too showing positive diversion which indicate that lower side seems limited. Traders don t go for aggressive or positional selling at all because trend is positive. Mandi traders those are having stock of Dhaniya can try to take advantage of this view by holding their position by long Dhaniya on NCDEX division. Buy Dhaniya above Rs.5280 or in panic decline around Rs Stop loss below 4800*.Target Rs If anything reversal seen will update.

8 Turmeric (Follow up update of previous report) This is a follow-up view on Turmeric and we will continue with our bullish outlook ahead. We have publish a special report on Turmeric (13th June) in which we have recommended buy Turmeric around Rs.5520 and now it s made a high of Rs As visible in the daily chart, we have seen sharp upside move in Turmeric future price. We are holding long position from Rs.5520 and still we are expecting a sharp uptrend in it. Rising volume along with positive open oscillator divergence clearly showing the buyers interest in the chart. Now support is seen at Rs.5900 and Resistance is Rs.6450.Daily close and sustained move above Rs.6450 will take it to Rs mark in days to come. The momentum indicator RSI-14 hovering within the oversold zone along with it is also getting support of its 21 DMA (Rs.5610) and 55 DMA (Rs.5742) showing strongly a bull run in it. For the medium-long term prospects, we expect turmeric prices to go further higher from here. So trader can make fresh position on close above Rs.6450 and on decline near Rs.6200 with stop loss below Rs.5900 for the mentioned upside targets. We are holding long in Turmeric from Rs.5520 and fresh can be accumulate on break and close above Stop loss below 5900*.Target Rs If anything reversal seen will update.

9 Cotton Seed Oil (Seems Bottom Out) As visible in the daily chart, we have seen downside trend in Cotton seed oil as crashed vertically from Rs.2303 to 1568 and tried to bottom out here with the formation of symmetrical Triangle formation. While writing, it s trading at Rs.1650 which near to support level of Rs RSI-14 (44) is still hovering in the vicinity of oversold zone while, ADX-14 (26) is clearly supporting our bullish view in the chart. Apart from this Prices also traded above its 21 DMA which quoted at Rs.1650 is also a bullish indication in the chart. Now support seen at Rs.1560 and resistance is Rs Break and close above Rs.1695 will take it to Rs mark in near term. So traders don t go for aggressive selling in it. Try to get an opportunity to buy on decline around Rs.1630 and add more lots above Rs.1695 with stop loss below Rs.1560 on closing basis Buy Cotton seed oil above Rs.1695 or in panic decline around Rs Stop loss below 1560*.Target Rs If anything reversal seen will update.

10 Cotton (Seems Bottom Out) As visible in the Daily chart, prices taking U TURN from its lower Bollinger Band (20:2) which is quoted at Rs and able to trade above the same showing demand activity which may likely to take place at lower level. Rising volume along with positive RSI-14 divergence clearly showing an indication of bottom out formation which may take place here in the chart. Now, support seen at Rs and then Rs while, Resistance is seen at Rs Daily close above Rs will take it to and Rs in near term however, lower band which is unlikely to breach in near term. So traders don t go for aggressive selling in it. Try to get an opportunity to buy on decline around Rs and add more lots above Rs with stop loss below Rs on closing basis. Buy Cotton oil above Rs or in panic decline around Rs Stop loss below 18650*.Target Rs If anything reversal seen will update.

11 Disclaimer The report contains the opinions of the author that are not to be construed as investment advice. The author, directors and other employees of IMV, and its affiliates, cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above. The above-mentioned opinions are based on the information which is believed to be accurate and no assurance can be given for the accuracy of this information. There is risk of loss in trading in derivatives. The author, directors and other employees of IMV and its affiliates cannot be held responsible for any losses in trading. Commodity derivatives trading involve substantial risk. The valuation of the underlying may fluctuate, and as a result, clients may lose their entire original investment. In no event should the content of this research report be construed as an express or an implied promise, guarantee or implication by, or from, IMV that you will profit or that losses can, or will be, limited in any manner whatsoever. Past results are no indication of future performance. The information provided in this report is intended solely for informative purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. The reports are only for information purposes and not to be construed as investment advice

15 th March Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Guar seed Castor seed. Bullion. Base Metal. Energy.

15 th March Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Guar seed Castor seed. Bullion. Base Metal. Energy. 15 th March 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Guar seed Castor seed On the daily chart MCX Gold price has given rising wedge breakdown

More information

17 th Dec Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Jeera. Agro.

17 th Dec Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Jeera. Agro. 17 th Dec 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Jeera Chana MCX Gold price has moved lower on Friday session. On a weekly chart, price

More information

21 st Aug Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Turmeric. Agro.

21 st Aug Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Turmeric. Agro. 21 st Aug 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Turmeric Refined Soya Gold prices rose on Monday after touching a 19-month low last week

More information

23 rd Aug Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Turmeric. Agro.

23 rd Aug Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Turmeric. Agro. 23 rd Aug 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Turmeric Refined Soya Gold prices were flat on Wednesday, as a strengthening currency in

More information

Forex Sentiment Report Q2 FORECAST WEAK AS LONG AS BELOW April

Forex Sentiment Report Q2 FORECAST WEAK AS LONG AS BELOW April Forex Sentiment Report 08 April 2015 www.ads-securities.com Q2 FORECAST WEAK AS LONG AS BELOW 1.1200 Targets on a break of 1.1534/35: 1.1740/50 1.1870/75 1.2230/35 Targets on a break of 1.0580/70: 1.0160

More information

26 th Oct Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro.

26 th Oct Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro. 26 th Oct 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Chana Soya Bean Gold futures closed flat Thursday, as strength in the U.S. dollar pushed

More information

12 th Oct2018. Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro.

12 th Oct2018. Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro. 12 th Oct2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Chana Soybean Gold prices climbed almost 1.6% up on Thursday, regaining the psychologically

More information

02 nd MAY Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Soya Been. Agro.

02 nd MAY Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Soya Been. Agro. 02 nd MAY 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Soya Been Coriander MCX Gold closed down on Tuesday, The recent solid rally in the U.S.

More information

INTERMEDIATE EDUCATION GUIDE

INTERMEDIATE EDUCATION GUIDE INTERMEDIATE EDUCATION GUIDE CONTENTS Key Chart Patterns That Every Trader Needs To Know Continution Patterns Reversal Patterns Statistical Indicators Support And Resistance Fibonacci Retracement Moving

More information

Research Desk Stock Broking

Research Desk Stock Broking Research Desk Stock Broking India ValueMax February 01, 2015 ValueMax Monthly Investment Ideas ValueMax helps clients to take a long stance on stocks from the S&P BSE-100 universe. Comprising monthly technical

More information

Weekly Commodity Update Metals & Energy 8 th March Geofin Comtrade Ltd. GEOFIN RESEARCH DESK

Weekly Commodity Update Metals & Energy 8 th March Geofin Comtrade Ltd. GEOFIN RESEARCH DESK Weekly Commodity Update Metals & Energy 8 th March 2016 Geofin Comtrade Ltd. CONTENTS Currency Dollar Index, USD INR Precious Metals Gold, Silver Energy Crude Oil, Natural Gas Base Metals Copper, Nickel,

More information

IndiaNivesh Weekly Pulse

IndiaNivesh Weekly Pulse 23rd Feb 2018 IndiaNivesh Weekly Pulse RETAIL TECHNICAL RESEARCH The closing of Feb 2018 might decide the fate of the markets! Close 10491 Chart 1 : Nifty Daily & Hourly R1 / R2 10630/ 10700 S1 / S2 10276/

More information

Soybean Monthly Report

Soybean Monthly Report Soybean Monthly Report 27 March 2010 The soybean prices in the spot and futures were on a bearish trend since beginning of December 2009 due to selling pressure from the traders and investors following

More information

Monthly Dairy Technical Commentary August 19, 2015

Monthly Dairy Technical Commentary August 19, 2015 Monthly Dairy Technical Commentary August 19, 2015 CME Class III Milk Futures Range contraction continues for Class III Milk as it continues to correct the September 2014 through January 2015 downdraft.

More information

Chapter 2.3. Technical Analysis: Technical Indicators

Chapter 2.3. Technical Analysis: Technical Indicators Chapter 2.3 Technical Analysis: Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, from time to time those charts may be speaking a language you

More information

News & Development Bollinger Band Retracement Levels Rising Channel Overall, we maintain our bullish view in MCX Crude Oil for the next one month.

News & Development Bollinger Band Retracement Levels Rising Channel Overall, we maintain our bullish view in MCX Crude Oil for the next one month. 2 nd June 2018 News & Development MCX Crude Oil prices had witnessed a significant incline during the month of April owing to geopolitical tensions prevailing across the globe. MCX Crude futures further

More information

Research Desk Stock Broking

Research Desk Stock Broking Research Desk Stock Broking India ValueMax January 01, 2015 ValueMax Monthly Investment Ideas ValueMax helps clients to take a long stance on stocks from the S&P BSE-100 universe. Comprising monthly technical

More information

Table of Contents. Risk Disclosure. Things we will be going over. 2 Most Common Chart Layouts Anatomy of a candlestick.

Table of Contents. Risk Disclosure. Things we will be going over. 2 Most Common Chart Layouts Anatomy of a candlestick. Table of Contents Risk Disclosure Things we will be going over 2 Most Common Chart Layouts Anatomy of a candlestick Candlestick chart Anatomy of a BAR PLOT Indicators Trend-Lines Volume MACD RSI The Stochastic

More information

Research Desk Stock Broking

Research Desk Stock Broking Research Desk Stock Broking India ValueMax December 01, 2014 ValueMax Monthly Investment Ideas ValueMax helps clients to take a long stance on stocks from the S&P BSE-100 universe. Comprising monthly technical

More information

Introduction. Technicians (also known as quantitative analysts or chartists) usually look at price, volume and psychological indicators over time.

Introduction. Technicians (also known as quantitative analysts or chartists) usually look at price, volume and psychological indicators over time. Technical Analysis Introduction Technical Analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends. Technicians (also known as quantitative

More information

Weekly outlook for April 30 May

Weekly outlook for April 30 May Weekly outlook for April 30 May 4 2018 Summary The S&P500 index is having trouble deciding if it will rally or decline. This indecision makes trading less profitable. Wait for a break-out direction to

More information

Technical Chart Book. ANS Research Desk. Daily Report For, th Dec Weekly Price Outlooks of Various Indices

Technical Chart Book. ANS Research Desk. Daily Report For, th Dec Weekly Price Outlooks of Various Indices ANS Research Desk ARHAM Financial Centre Harihar Chowk, RAJKOT (Guj) Speak to: 0281 6699401 Drop a line to: research@anspl.net Daily Report For, 26-30 th Dec 2011 Technical Chart Book Weekly Price Outlooks

More information

Research Desk StockBroking

Research Desk StockBroking Research Desk StockBroking India ValueMax June 01, 2017 ValueMax Monthly Investment Ideas ValueMax helps clients to take a long stance on stocks from thes&pbse-100 universe. Comprising monthly technical

More information

How I Trade Profitably Every Single Month without Fail

How I Trade Profitably Every Single Month without Fail How I Trade Profitably Every Single Month without Fail First of all, let me take some time to introduce myself to you. I am Koon Hwee (KH Lee) and I am a full time currency trader. I have a passion for

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Declining sharply. EUR/USD has broken

More information

Introduction. Technical analysis is the attempt to forecast stock prices on the basis of market-derived data.

Introduction. Technical analysis is the attempt to forecast stock prices on the basis of market-derived data. Technical Analysis Introduction Technical analysis is the attempt to forecast stock prices on the basis of market-derived data. Technicians (also known as quantitative analysts or chartists) usually look

More information

Research Desk Stock Broking

Research Desk Stock Broking Research Desk Stock Broking ValueMax Mar 01, 2018 ValueMax Monthly Investment Ideas ValueMax helps clients to take a long stance on stocks from the S&P BSE-100 universe. Comprising monthly technical investment

More information

Technical Analysis Workshop Series. Session 11 Semester 2 Week 5 Oscillators Part 2

Technical Analysis Workshop Series. Session 11 Semester 2 Week 5 Oscillators Part 2 Technical Analysis Workshop Series Session 11 Semester 2 Week 5 Oscillators Part 2 DISCLOSURES & DISCLAIMERS This research material has been prepared by NUS Invest. NUS Invest specifically prohibits the

More information

NCDEX WEEKLY REPORT 27 NOV - 01 DEC Call Us OR VISIT

NCDEX WEEKLY REPORT 27 NOV - 01 DEC Call Us OR VISIT NCDEX WEEKLY REPORT 27 NOV - 01 DEC 2017 Email info@capitalcow.com Call Us - 07316008000 OR VISIT www.capitalcow.com COMMODITY WEEKLY NEWS UPDATES: MENTHA OIL: Bullish trend persisted for Mentha even as

More information

Monthly Dairy Technical Commentary Thursday September 5, 2013

Monthly Dairy Technical Commentary Thursday September 5, 2013 Monthly Dairy Technical Commentary Thursday September 5, 2013 CME Class III Milk Futures The weekly price trend for Class III Milk points down from its August 2011 high, and the latest breakdown below

More information

Last Gasp in the Dollar. Market Update May 18, Seattle Technical Advisors

Last Gasp in the Dollar. Market Update May 18, Seattle Technical Advisors SeattleTA provides investment managers with technical analysis of the equity, fixed-income, commodity, and currency markets. While equities are expected to take a hit this week, the big news is expected

More information

CMS Prime DAILY MARKET REPORT

CMS Prime DAILY MARKET REPORT CMS Prime DAILY MARKET REPORT May 14, 2018 EURUSD BULLISH BIAS long position at 1.1960 with SL : 1.1925 and with targets at 1.1990 and 1.2020 short position at 1.1925 with SL : 1.1970 and with targets

More information

10-Year Treasury Notes ($UST Price)

10-Year Treasury Notes ($UST Price) 1 Weekly Inter-market Technical Report 10-Year Treasury Notes ($UST Price) Monthly Continuing from last week's report, bonds (notes) appear to be on a strong buy signal on the monthly chart, as price is

More information

OSCILLATORS. TradeSmart Education Center

OSCILLATORS. TradeSmart Education Center OSCILLATORS TradeSmart Education Center TABLE OF CONTENTS Oscillators Bollinger Bands... Commodity Channel Index.. Fast Stochastic... KST (Short term, Intermediate term, Long term) MACD... Momentum Relative

More information

Research Desk StockBroking

Research Desk StockBroking Research Desk StockBroking India ValueMax April 01, 2017 ValueMax Monthly Investment Ideas ValueMax helps clients to take a long stance on stocks from thes&pbse-100 universe. Comprising monthly technical

More information

Date: 10 th Sep 2018 NIFTY

Date: 10 th Sep 2018 NIFTY Date: 10 th Sep 2018 NIFTY Indian market managed to close on positive note after it seen some selling pressure at the start of week on the back of rupee depreciation, higher crude prices and worries over

More information

Weekly outlook for Mar

Weekly outlook for Mar Weekly outlook for Mar. 26 30 2018 Summary The S&P500 index is expected to test February's low first and bounce from it before the Good Friday holiday. The end of the month and the end of the quarter may

More information

TECHNICAL REPORT DAILY RESEARCH TEAM. 04 October 2016 DISCLAIMER & DISCLOSURES

TECHNICAL REPORT DAILY RESEARCH TEAM. 04 October 2016 DISCLAIMER & DISCLOSURES DAILY TECHNICAL REPORT RESEARCH TEAM DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Monitor the support at 1.1160. EUR/USD

More information

Chapter 2.3. Technical Indicators

Chapter 2.3. Technical Indicators 1 Chapter 2.3 Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, sometimes those charts may be speaking a language you do not understand and you

More information

1 P a g e. Executive Summary

1 P a g e. Executive Summary Executive Summary Last week I was looking for SPX2455-2475 and the S&P500 gave us SPX2454 on Monday and then started to pullback and consolidate causing for many pundits to already start top calling. Close

More information

IndiaNivesh Weekly Pulse

IndiaNivesh Weekly Pulse 21st Jan 2019 IndiaNivesh Weekly Pulse TECHNICAL RESEARCH 11000 still remains a real test for the bulls! Close 10907 Chart 1 : NIFTY Weekly Chart R1 / R2 10930 / 11000 S1 / S2 10690 / 10520 50 DEMA 10777

More information

Figure 3.6 Swing High

Figure 3.6 Swing High Swing Highs and Lows A swing high is simply any turning point where rising price changes to falling price. I define a swing high (SH) as a price bar high, preceded by two lower highs (LH) and followed

More information

Technical Trading Idea

Technical Trading Idea Date: 16 th September 2013 Technical Trading Idea Research Contributor: Brijesh Bhatia (Technical Analyst Senior Manager) 022-40350185 brijesh.bhatia@lmcpl.com Amit Pathania (Jr. Technical Analyst) 022-40350184

More information

Submerging Markets. Market Update August 3, Seattle Technical Advisors

Submerging Markets. Market Update August 3, Seattle Technical Advisors SeattleTA provides investment managers with technical analysis of the equity, fixed-income, commodity, and currency markets. A cycle low is expected in emerging markets this week and is confirmed by a

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Trying to bounce. EUR/USD is bouncing

More information

Market Update April 20, 2015

Market Update April 20, 2015 SeattleTA provides investment managers with technical analysis of the equity, fixed-income, commodity, and The forecast for a high on April 15 was spot-on (there s no kill switch on awesome!). The monthly

More information

Technical Analysis. Dealing Room Peter Leonidou. Peter Leonidou

Technical Analysis. Dealing Room Peter Leonidou. Peter Leonidou Technical Analysis Dealing Room Questions Traders Should Ask What is the trend? What is the pivot point? What is the support levels? What is the resistance levels? Strong or weaker USD? What 1. Trade

More information

Morning Trading Comments

Morning Trading Comments Wednesday, June 13, 2018 1 Morning Trading Comments SUMMARY OF TRADING VIEWS The S&P 500 index is now close to the 2800 area, a potential important resistance zone. It will be interesting to see how this

More information

NIFTY. Momentum oscillator, RSI (14) is in bullish crossover which suggests index momentum to remain on the positive side.

NIFTY. Momentum oscillator, RSI (14) is in bullish crossover which suggests index momentum to remain on the positive side. Date: 16 th July 2018 NIFTY The Nifty, which reversed its downwards trend in the previous week has continued rallying during the last week. Moreover, the Index has given a trend-line breakout on the weekly

More information

10-Year Treasury Notes ($UST Price)

10-Year Treasury Notes ($UST Price) 1 Weekly Inter-market Technical Report 10-Year Treasury Notes ($UST Price) Monthly The 10-Year Note has developed a clear rising parallel trend channel that reaches now to the $128 level with confluence

More information

Last Hurrah for the Dollar. Market Update June 15, Seattle Technical Advisors

Last Hurrah for the Dollar. Market Update June 15, Seattle Technical Advisors SeattleTA provides investment managers with technical analysis of the equity, fixed-income, commodity, and currency markets. This week should see the start of the final push upward by the US Dollar prior

More information

Williams Percent Range

Williams Percent Range Williams Percent Range (Williams %R or %R) By Marcille Grapa www.surefiretradingchallenge.com RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and

More information

Weekly technical analysis chart pack 6 th October 2014 James Brodie Chartered Market Technician

Weekly technical analysis chart pack 6 th October 2014 James Brodie Chartered Market Technician Weekly technical analysis chart pack 6 th October 2014 James Brodie Chartered Market Technician There are now increasing concerns facing the long term bull trends in the U.S. equity markets. Three key

More information

Understanding of Price-Volume -Open Interest in futures market

Understanding of Price-Volume -Open Interest in futures market Understanding of Price-Volume -Open Interest in futures market Introduction Price, Volume and Open interest are the most important market determinants in futures market. Among these, price is more important.

More information

1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together

1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together Technical Analysis: A Beginners Guide 1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together Disclaimer: Neither these presentations, nor anything on Twitter, Cryptoscores.org,

More information

Mentha Oil Report. Mentha Oil Spot and Futures (MCX) Prices Movement

Mentha Oil Report. Mentha Oil Spot and Futures (MCX) Prices Movement Mentha Oil Report The menthe oil futures on MCX have witnessed consolidated to downside biased movement since beginning of the year 2011. Reports of good sowing progress for current year pressurized the

More information

NEWSLETTER SWING TRADING. 26 Feb Intelligent Analysis to point your decisions in the right direction

NEWSLETTER SWING TRADING. 26 Feb Intelligent Analysis to point your decisions in the right direction NEWSLETTER 26 Feb 2018 Intelligent Analysis to point your decisions in the right direction SWING TRADING Newsletter contains index, stocks and sector recommendations along with market outlook. It also

More information

PART 3 - CHART PATTERNS & TECHNICAL INDICATORS

PART 3 - CHART PATTERNS & TECHNICAL INDICATORS Tyler Chianelli s EASYOPTIONTRADING by OPTION TRADING COACH PART 3 - CHART PATTERNS & TECHNICAL INDICATORS A SIMPLE SYSTEM FOR TRADING OPTIONS WORKS IN UP, DOWN, AND SIDEWAYS MARKETS PART 3.1 - PRIMARY

More information

Fukushima Daisies. Market Update July 27, Seattle Technical Advisors

Fukushima Daisies. Market Update July 27, Seattle Technical Advisors SeattleTA provides investment managers with technical analysis of the equity, fixed-income, The evidence is all around us that the bull has gone to the slaughterhouse. Like daisies discovered in Fukushima,

More information

Schwab Investing Insights Trading Edition Text Close Window Size: November 15, 2007

Schwab Investing Insights Trading Edition Text Close Window Size: November 15, 2007 Schwab Investing Insights Trading Edition Text Close Window Size: from TheStreet.com November 15, 2007 ON TECHNIQUES Two Indicators Are Better Than One The Relative Strength Index works well but it s better

More information

1 P a g e. Executive Summary

1 P a g e. Executive Summary Executive Summary Price finally reached our expect SPX2112-2120 and the negative divergences that started to creep in on the daily TIs finally also took their toll over the past 2 days. The weekly charts

More information

Weekly outlook for June 19 June

Weekly outlook for June 19 June Weekly outlook for June 19 June 23 2017 TREND DIRECTION Short Term Trend Intermediate-Term Trend Long Term Trend S&P 500 Oil Gold sideway Up Up down and oversold down down down and oversold soon Sideway

More information

REUTERS TECHNICAL ANALYSIS Q1 OUTLOOK WANG TAO

REUTERS TECHNICAL ANALYSIS Q1 OUTLOOK WANG TAO An employee works in a ferronickel smelter owned by state miner Aneka Tambang Tbk at Pomala district in Indonesia's southeast Sulawesi province March 30, 2011. The country accounts for roughly 7 percent

More information

The very first calculations for average gain and average loss are simple 14- period averages.

The very first calculations for average gain and average loss are simple 14- period averages. Introduction Developed by J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally,

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Bouncing further. EUR/USD has broken

More information

14 th November General Outlook. Ian Copsey

14 th November General Outlook. Ian Copsey 2006 General Outlook The Dollar is higher across the board and looks generally positive for one more rally to marginal new highs at least. The 1.2745 EURUSD, 1.2523 USDCHF and 1.8925-45 GBPUSD areas all

More information

Market Update March 9, 2015

Market Update March 9, 2015 SeattleTA provides investment managers with technical analysis of the equity, fixed-income, Stocks dropped and interest rates popped on Fridays payroll report as traders priced in a likely Fed rate hike

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Grinding higher. EUR/USD continues its

More information

Naked Trading - Double Top Chart Pattern Strategy

Naked Trading - Double Top Chart Pattern Strategy Naked Trading - Double Top Chart Pattern Strategy If you really want to learn a profitable way to trade then look no further, the Double Top chart pattern strategy uses simple and sound trading principles

More information

The Technical Edge Page 1. The Technical Edge. Part 1. Indicator types: price, volume, and moving averages and momentum

The Technical Edge Page 1. The Technical Edge. Part 1. Indicator types: price, volume, and moving averages and momentum The Technical Edge Page 1 The Technical Edge INDICATORS Technical analysis relies on the study of a range of indicators. These come in many specific types, based on calculations or price patterns. For

More information

1 P a g e. Executive Summary

1 P a g e. Executive Summary Executive Summary Based on this week s deduction of observable facts, we continue to favor the major a at SPX 1867, major b at SPX 2021 and major c down to SPX 1830-1850ies around October 9-12. How exactly

More information

Weekly MCX Research Report BULLIONS WEEKLY TECHNICAL LEVELS GOLD(FEBRUARY) MCX WEEKLY CHART

Weekly MCX Research Report BULLIONS WEEKLY TECHNICAL LEVELS GOLD(FEBRUARY) MCX WEEKLY CHART Weekly MCX Research Report BULLIONS WEEKLY TECHNICAL LEVELS GOLD(FEBRUARY) MCX WEEKLY CHART 01/01/2018-05/01/2018 WEEKLY PIVOT S1 28820 S2 28475 PP 28997 R1 29342 R2 29519 TECHNICAL VIEW As last week gold

More information

Adding longs in the SPX zone will be well-rewarded longer term we believe.

Adding longs in the SPX zone will be well-rewarded longer term we believe. Executive Summary Last week we found, based on our analyses of the charts: Our SPX2146-2069 target zone remains and can now be narrowed down to SPX2117-2069, as the S&P500 closed at SPX2128 yesterday,

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Increasing. EUR/USD is bouncing back

More information

CMS PRIME DAILY MARKET REPORT

CMS PRIME DAILY MARKET REPORT CMS PRIME DAILY MARKET REPORT August 17, 2018 EURUSD long position at 1.1380 with SL : 1.1350 and with targets at 1.1400 and 1.1430 short position at 1.1350 with SL : 1.1400 and with targets at 1.1330

More information

IndiaNivesh Weekly Pulse

IndiaNivesh Weekly Pulse 17th Nov 2017 IndiaNivesh Weekly Pulse RETAIL TECHNICAL RESEARCH Moody s upgrade changed the Mood on D Street Will it change the determination of the Bears? Close 10284 Chart 1 : Nifty - Daily R1 / R2

More information

MONTHLY REPORT. Month gone by

MONTHLY REPORT. Month gone by Month gone by USD/INR Outlook 31st January, 2012 The New year started on a stronger note for the Indian currency and the equity markets. The Indian currency strengthened by 7.50 % in the January month

More information

Go No Go Indicators: Part 2

Go No Go Indicators: Part 2 Go No Go Indicators: Part 2 March 22, 2017 Dennis W. Wilborn Active Trend Trading Disclaimer U.S. Government Required Disclaimer Commodity Futures Trading Commission Futures and Options trading has large

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Decreasing. EUR/USD is decreasing following

More information

Technical Analysis for Options Trading. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI

Technical Analysis for Options Trading. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI Technical Analysis for Options Trading Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 747561.2.0 Disclosures Options trading entails significant risk and is

More information

Oil and Oilseeds Weekly

Oil and Oilseeds Weekly 5/15/21 5/21/21 5/27/21 6/2/21 6/8/21 6/19/21 6/25/21 7/1/21 7/7/21 7/13/21 5/17/21 5/24/21 5/31/21 6/7/21 6/21/21 6/28/21 7/5/21 7/12/21 Soybean Strategy - SELL Soybean August NCDEX: Buy at 198-199 TP

More information

Gold, and Mining Stocks Trader Monday, March 04, :57 AM Published by The Wall Street Examiner

Gold, and Mining Stocks Trader Monday, March 04, :57 AM Published by The Wall Street Examiner Monday, March 04, 2019 8:57 AM Published by The Wall Street Examiner Cycle Phase/PTT Projection 9-12 Month Top-Down/11-24 Weeks 1330 Done 13/17 Week Down/20? 6-7 Week Down/

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Further sideways trading. EUR/USD sideways

More information

How to perform accurate market analysis

How to perform accurate market analysis How to perform accurate market Roman Sadowski Good market combines the fundamental and the technical. This combination is essential to form a longer-term bias in the market. Good market needs to consider

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Continued selling pressures. EUR/USD

More information

In the Charts Forex. Today s key points. CROSS ASSET TECHNICAL ANALYSIS 01 October 2013

In the Charts Forex. Today s key points. CROSS ASSET TECHNICAL ANALYSIS 01 October 2013 CROSS ASSET TECHNICAL ANALYSIS 01 October 2013 In the Charts Forex Today s key points EUR/USD has given a break above the weekly channel resistance of 1.3454/20 which also happens to be 76.4% retracement

More information

Market Turning Points By Andre Gratian

Market Turning Points By Andre Gratian Market Turning Points By Andre Gratian June 21, 2015 Precision timing for all time frames through a multi-dimensional approach to forecasting using technical analysis: Cycles - Breadth - P&F and Fibonacci

More information

Currency Highlights. 23 rd Feb HighLights:

Currency Highlights. 23 rd Feb HighLights: HighLights: Indian Rupee retreated from highs to 66.97 on Wednesday US Existing Home Sales gained to 5.69 million in January German Ifo Business Climate surged to 111-mark in February UK s Second Estimate

More information

BUY SELL PRO. Improve Profitability & Reduce Risk with BUY SELL Pro. Ultimate BUY SELL Indicator for All Time Frames

BUY SELL PRO. Improve Profitability & Reduce Risk with BUY SELL Pro. Ultimate BUY SELL Indicator for All Time Frames BUY SELL PRO Improve Profitability & Reduce Risk with BUY SELL Pro Ultimate BUY SELL Indicator for All Time Frames Risk Disclosure DISCLAIMER: Crypto, futures, stocks and options trading involves substantial

More information

Weekly outlook for May 1 May

Weekly outlook for May 1 May Weekly outlook for May 1 May. 5 2017 TREND DIRECTION S&P 500 Oil Gold Short Term Intermediate-Term Long Term strong weak strong strong neutral Strong weak weak weak Summary The S&P500 index is expected

More information

Technical Analysis Indicators

Technical Analysis Indicators Technical Analysis Indicators William s Percent R Rules, Scans, Adding Filters, Breakout, Retest, and Application across MTFs Course Instructor: Price Headley, CFA, CMT BigTrends Coaching Access to BigTrends

More information

Lara s Weekly. S&P500 + GOLD + USOIL Elliott Wave & Technical Analysis. Lara Iriarte CMT 23 February, 2018

Lara s Weekly. S&P500 + GOLD + USOIL Elliott Wave & Technical Analysis. Lara Iriarte CMT 23 February, 2018 Lara s Weekly S&P500 + GOLD + USOIL Elliott Wave & Technical Analysis Lara Iriarte CMT 23 February, 2018 S&P 500 Contents S&P 500 GOLD USOIL About Disclaimer 3 18 36 48 48 S&P 500 S&P 500 Upwards movement

More information

The following is an extract from the April 07 Issue of The Global Speculator sent to subscribers on the 4 th of May 2007.

The following is an extract from the April 07 Issue of The Global Speculator sent to subscribers on the 4 th of May 2007. TECHNICALLY SOUND The following is an extract from the April 07 Issue of The Global Speculator sent to subscribers on the 4 th of May 2007. The month of April 07 has seen further falls in the US dollar

More information

WEEKLY PREMIUM REPORT FOR MCX 24/04/2017 TO 28/04/2017

WEEKLY PREMIUM REPORT FOR MCX 24/04/2017 TO 28/04/2017 WEEKLY PREMIUM REPORT FOR MCX 24/04/2017 TO 28/04/2017 CONTENTS MCX WEEKLY LATEST UPDATE WEEKLY MARKET WRAPUP TECHNICAL LEVEL TECHNICAL CHARTS & RESEARCHER VIEWS NCDEX WEEKLY LATEST UPDATE FOREX WEEKLY

More information

Weekly outlook for May 7 May 11, 2018

Weekly outlook for May 7 May 11, 2018 Weekly outlook for May 7 May 11, 2018 Summary The S&P500 index is expected to declare its breakout direction soon. The triangle pattern is defined by 2725 on the upside and 2575 on the down side. A weekly

More information

MONTHLY TECHNICAL REPORT

MONTHLY TECHNICAL REPORT The purpose of producing this report is to present a general view on the market, equities and commodities subject under research, and not to recommend a buy/sell/hold for any security or any other assets.

More information

Technical Analysis Workshop Series. Session Three

Technical Analysis Workshop Series. Session Three Technical Analysis Workshop Series Session Three DISCLOSURES & DISCLAIMERS This research material has been prepared by NUS Invest. NUS Invest specifically prohibits the redistribution of this material

More information

Hikal Limited. CMP: Rs253 Target1:Rs295 Target2:Rs325 28%

Hikal Limited. CMP: Rs253 Target1:Rs295 Target2:Rs325 28% Hikal Limited Hikal Ltd representing a classic Ascending triangle breakout. Stock is in uptrend from early April of 2016. stock remained in the range of 232-200 for almost a year. Price breakout is supported

More information

DAILY TECHNICAL REPORT

DAILY TECHNICAL REPORT RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Decreasing. EUR/USD is declining, approaching

More information

Weekly outlook for April 23, 2018

Weekly outlook for April 23, 2018 Weekly outlook for April 23, 2018 Summary The S&P 500 index is expected to go down further if price stays below the 2700 level. A weekly doji candle formed on the intermediate-term chart, and the short-term

More information