venkatsivam

venkatsivam Updated 

It needs to break this triangle support(26$) to see more downside upto minimum 24.5$ to 25$

venkatsivam

Gold : Sell on rise

venkatsivam

* Instrument may retest 103-104 again before any rally. * Needs to break 105.6 to see more upside at least upto 111.

venkatsivam

Gold : Needs to sustain below 1910-1900 to see more downside upto 1860 and even more.

venkatsivam

NG_F : * Looks like, the instrument is in the process of an ending diagonal in which it may reach 2.850 before any fall. * From 2.850 we can expect minimum a 3 wave reaction lower at least upto 2.000-2.100 * Breaking and sustaining below 2.700, it will see more downside at least upto 2.400.

venkatsivam

Grasim Industries : * Looks it has completed its wave A for wave ((Y)) or ((B)). * Expecting a corrective structure upto the range of 630-660. * Breaking and sustaining above 750, it will see more upside range of 820-880.

venkatsivam

XAUUSDF$ : Gold Expecting 1880-1860, if it sustains below 1975. It will go further down only if it breaks and sustains below previous low of 1860.

venkatsivam

Buy On Dip

venkatsivam

* Instrument is about to complete its impulsive structure from the low of 1.527. * By short term it may reach the range of 2.800-2.900 if it breaks 2.680. * From the range, can expect a minimum 3 waves reaction lower at least.

venkatsivam

XAU/USD : * Instrument may extend its corrective structure since the fall is not yet aggressive. * But still Buying is not recommended. * It may react higher soon after reaching the range 1860-1880 to make it more complex correction and may retest 2020-2040 again in this case. * We will see more downside only if it sustains below 1910

venkatsivam

TATA STEEL : * Looks like instrument has completed its 7 swing sequence from the low of 244. * Buying is not recommended even if there is chances for the range of 450-470. * Can expect a minimum 3 wave reaction lower at least upto the range of 320-340. * Sustaining below 440 we may see 400(channel) * Breaking above 440 we may see 450-470.

venkatsivam

USD/JPY : * Instrument may extend its corrective structure towards 11 swings upto the range of 102-104 again. * Instrument needs to break 108 to see more upside upto the range of 111-117. * Selling is not recommended in this case.

venkatsivam

Natural Gas : * Instrument is about to complete its 3 swing sequence from the low low 1.526. * Expecting 3 waves reaction lower at least upto 2.063. * Buying is not recommended at this moment.

venkatsivam

Gold - XAU/USD: * Gold topped out near 2075 and made drastic fall upto 1861. * It is in process of corrective sequence for the drastic fall happened before. * It may retest 2020 again before any fall. * Sell on rise is recommended.

venkatsivam

Grasim : * Looks it has completed its 3 swing irregular flat sequence. * Buy on Dip is recommended for positional target of 850-900. * It may retest 530-550 again to make more complex correction, before the rally.

venkatsivam

USD/CAD: * Instrument looks it has completed its 7 swing sequence from the top 1.4666. * Expecting a corrective structure upto 1.37-1.39 * Buying recommended with strict stop loss

venkatsivam

Silver : XAG_F$ * Instrument made a topped and made a drastic fall upto 23.4$. * It is now in corrective sequence, In which it may retest 28$ - 29$ again. * Buying is not recommended. Can start selling or add more if it reaches 28$-29$. * 19$ is yet to come.

venkatsivam Updated 

XAG : * Instrument Made a new high again upto 27$ and topped out, Had little bit changes in labeling. * Call is Active. Can add more here and Still expecting 19$.