NileshThete

NileshThete Updated 

Short Gold below 1280...

NileshThete Updated 

After shorting Gold below 1290 we made a low of 1257...There is clear 1,2 and 1,2 structure noted on charts...According to the labelling Gold should gain momentum on downside this week after finishing the corrective retracement....

NileshThete

Nifty after 1 year long consolidation is nearing completion of 1st five wave impulse...

NileshThete Updated 

Crude offers a good risk reward for shorting at current lvl...There is a valid HNS top formation also...

NileshThete

Gold seems to have not finished its minor 4th wave...wave A is zig zag...wave B is irregular double zig zag.There is pending C wave which can take gold below 1200 again..Go short below 1290....

NileshThete Updated 

Copper after impulsive upmove till 4.64 in Feb 2011 seems correcting for alomost 5 years...Now the recent low of 1.935 seems a significant bottom...Go long with a SL below 1.85 for tgt of 2.56 and 2.76... To review again if violates recent low..

NileshThete

Silver can be bought in today correction between 14.7 to 14.9 levels with SL of 14.6 for minimum tgt of 16.5

NileshThete

Gold can be bought in todays correction for min tgt of 1287 with SL of 1190

NileshThete

Short with SL of 43 for tgt of minimum 26