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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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Post: #481  Posted: Wed Nov 25, 2015 6:48 pm Post subject: |
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| Waiting for view.
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #482 Posted: Thu Dec 10, 2015 11:46 am Post subject: |
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As advised months back when it was 5800..that it will see 4400..3800..3200..2700..2200 n more
It's below 2500 already..
Picture baaki hae mere dost
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AMBY
Yellow Belt
Joined: 05 Sep 2014
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| Post: #483 Posted: Thu Dec 10, 2015 2:30 pm Post subject: |
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Thanks for update. 
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #484 Posted: Thu Dec 10, 2015 6:19 pm Post subject: |
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| Rahulsharmaat wrote: | As advised months back when it was 5800..that it will see 4400..3800..3200..2700..2200 n more
It's below 2500 already..
Picture baaki hae mere dost |
Thnx 33 or 20!!!! Ha ha ha
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savepaisa
White Belt
Joined: 15 Jan 2015
Posts: 2
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| Post: #485 Posted: Fri Dec 11, 2015 1:01 pm Post subject: what to do |
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| i have a crude buy@2511. what to do. any suggestion
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #486 Posted: Fri Dec 11, 2015 2:48 pm Post subject: Re: what to do |
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| savepaisa wrote: | | i have a crude buy@2511. what to do. any suggestion |
Yes exit if below 2415. If fall is very slow to 2415 exit at 2390 ( before 15-16 event)
Or exit at 2495.
Or exit at cost
( before event)
REENTRY buy above 2530 for very short term to target 2600...... Confirmed bullish above 2630
If big gap down after exit at 2425 ....... Consider re enter BUY ( not sell)
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savepaisa
White Belt
Joined: 15 Jan 2015
Posts: 2
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| Post: #487 Posted: Fri Dec 11, 2015 3:24 pm Post subject: Re: what to do |
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| amitagg wrote: | | savepaisa wrote: | | i have a crude buy@2511. what to do. any suggestion |
Yes exit if below 2415. If fall is very slow to 2415 exit at 2390 ( before 15-16 event)
Or exit at 2495.
Or exit at cost
( before event)
REENTRY buy above 2530 for very short term to target 2600...... Confirmed bullish above 2630
If big gap down after exit at 2425 ....... Consider re enter BUY ( not sell) |
thanks for precise and valueable suggestion
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mukundnikam
White Belt
Joined: 19 Dec 2014
Posts: 20
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| Post: #488 Posted: Sat Dec 12, 2015 11:33 am Post subject: Crude DEC 3rd week |
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Team,
as per my understanding at chart, it looks like falling wedge pattern which is ready to decide the breakout either side.
Please suggest wheather its bottom at 2320 and uptrend start or breakout below 2320.
Attaching chart for your suggestions.
Thanks
Mukund Nikam
| Description: |
| Crude Falling Wedge pattern |
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| Filesize: |
11.05 KB |
| Viewed: |
519 Time(s) |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #489 Posted: Sat Dec 12, 2015 11:53 am Post subject: |
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@ mukundnikam,
Please post the chart from 01/01/2009, crude had made bottom @33.19.
Thank you posting chart in $. 
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mukundnikam
White Belt
Joined: 19 Dec 2014
Posts: 20
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Niftyman
White Belt
Joined: 22 Mar 2015
Posts: 340
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| Post: #491 Posted: Sat Dec 12, 2015 2:36 pm Post subject: |
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| IMO, as per chart of Crude Oil, any breach of 35$ and slipping to 33-32$ and no recovery, will take Crude Oil to much lower levels.
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #492 Posted: Sat Dec 12, 2015 3:55 pm Post subject: |
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| Thanks,
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #493 Posted: Sat Dec 12, 2015 10:34 pm Post subject: Re: Crude DEC 3rd week |
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| mukundnikam wrote: | Team,
as per my understanding at chart, it looks like falling wedge pattern which is ready to decide the breakout either side.
Please suggest wheather its bottom at 2320 and uptrend start or breakout below 2320.
Attaching chart for your suggestions.
Thanks
Mukund Nikam |
1) does his form a positive WW from here ......
1.5) BIG GANN support at 2500 level 30-60 fitter ( jan series!?)
2) does this form ENding Diagonal" ..... What for first 5 wave impulse to go long
3) Last NR 7 formed with high 2500 (dec)
4) on another count starting 3300 with top of wave say x, new bear trend started with ongoing 3rd wave so more legs to go down after 3rd completes 4th retraces and 5th goes down still
5) CRB index at below lows!? Check
6) long term trend line hits 20$ !? That's where this figure has come about in news
7) always crude hit 10 $ downside on breaking 10 pointers - 80,70,60,50,40 now so 30 target - 300-350 points
 nifty falling crude falling INR depreciating dollar index in multi month consolidation / uptrend!?? Check
Tricks to play:
1) to be lean first and foremost
2) to be unidirectional ( at this stage possibly ripe)
3) to let pivot and dow (and MAs let it be lagging) give confirmation
4) rampant adds when lean positions gets confirmed
5) to buy decreasing "inventory data" from hear on now; DO not sell increasing inventory data ( it appears to me to have a lag effect)
6) to move down buy levels; but buy on price confirmation ( or dabble in big price gaps down from here on) - not seen yet ..... A slow decline happening in crude..... How can it stop without creating a flutter.... That shall be a point to buy
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mukundnikam
White Belt
Joined: 19 Dec 2014
Posts: 20
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| Post: #494 Posted: Sun Dec 13, 2015 3:03 pm Post subject: Re: Crude DEC 3rd week |
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Thanks Amitagg,
appreciate if you guide us with charts you are looking at. I feel that there will be bounce from 34.60 (2330) for target of 3000 or there will be breakout for the lower targets.
Please share your views.
Thanks
Mukund
| amitagg wrote: | | mukundnikam wrote: | Team,
as per my understanding at chart, it looks like falling wedge pattern which is ready to decide the breakout either side.
Please suggest wheather its bottom at 2320 and uptrend start or breakout below 2320.
Attaching chart for your suggestions.
Thanks
Mukund Nikam |
1) does his form a positive WW from here ......
1.5) BIG GANN support at 2500 level 30-60 fitter ( jan series!?)
2) does this form ENding Diagonal" ..... What for first 5 wave impulse to go long
3) Last NR 7 formed with high 2500 (dec)
4) on another count starting 3300 with top of wave say x, new bear trend started with ongoing 3rd wave so more legs to go down after 3rd completes 4th retraces and 5th goes down still
5) CRB index at below lows!? Check
6) long term trend line hits 20$ !? That's where this figure has come about in news
7) always crude hit 10 $ downside on breaking 10 pointers - 80,70,60,50,40 now so 30 target - 300-350 points
nifty falling crude falling INR depreciating dollar index in multi month consolidation / uptrend!?? Check
Tricks to play:
1) to be lean first and foremost
2) to be unidirectional ( at this stage possibly ripe)
3) to let pivot and dow (and MAs let it be lagging) give confirmation
4) rampant adds when lean positions gets confirmed
5) to buy decreasing "inventory data" from hear on now; DO not sell increasing inventory data ( it appears to me to have a lag effect)
6) to move down buy levels; but buy on price confirmation ( or dabble in big price gaps down from here on) - not seen yet ..... A slow decline happening in crude..... How can it stop without creating a flutter.... That shall be a point to buy |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #495 Posted: Sun Dec 13, 2015 6:25 pm Post subject: |
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Hi Mukundnigam
I only know one thing. My TA is inconsequential ( we most have practically very low fundamental knowledge to assimilate outcomes though we all can read some literature here and here) to the movement crude can show in testing times / major events. Hence it would not be proper to predict direction but to determine position size basis prediction of direction and price confirmation.
Let us wait for an opportune event. Just 2 days of early entry can spell misfortune ( one can argue for vice versa as well!!) Let some gaps start coming up......
Regards
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