25 TO 29 SEPT 2017. MON TO FRI : WEEKLY REPORT - TIPS & TARGETS
NASDAQ : CLOSED AT 6427
6444 and 6360 is the first very normal trading range for this week. Above or below these levels it will decide the next trend. But it will gather some strength only after it successfully close above 6444. If it will close above 6444 than it will also touch 6484 on same or next day. If it will close above 6484 by mistake also than you will see one way non stop big jumps till 6508 to 6556 also where I feel you must book your profits or hold on with SL of 4508.
If it will break 6360 with volume with closing than you will see 6318 also for sure. If it falls around here than you can buy it once and can book profit at the sure shot jumo followed by that, but with SL of 6304. It is always safe till it trades and close above 6304, but if in any case like geopolitical issues it breaks 6304 and close also than you will see free fall till 6028. But it seems less expected as 6304-08 is the stong range support and it will definately bounce back if it goes around there.
DOW JONES : CLOSED AT 22350
It it closed at 22350 and very nearby weekly resistance of 22368. So.. If it will cross 22368 (better if on closing basis) than one way highs like 22422 followed by 22488 will be seen.
22155 is free range support and it is always safe till here, but if it will break 22152 on closing basis than freely targets of 22044 followed by 21712 will be seen if any geopolitical pressure also will add panic.
CRUDE OIL NYMEX WTI FUTURE: CLOSED AT 55.66 US$
I have been continuously advising for the target of 53-54$ since it was at 43-44. You can check my tips records for the same.
Anyway, for this week ahead, 50.20 is the first & trend decide support. If it will breal this on closing basis than next targets would be 49.39 followed by 48.30. If it really falls around there than you can buy there with strict SL of 48$ and you will be able to sell again at above 50$. But if inc ase it hits the SL than it will freely go to touch 47.88 follwoed by 46.56 to 46.08 but it seems least expected as 48-49 range is built up as strong support zone as of now.
Upside 50.96 is the final resistance. If it succeeds to cross it strictly on closing basis than you will see 53.25 to 54.94 first, and than it will head towards 63-64 on monthly time frame.
GOLD COMEX FUT : CLOSED AT 1296
For last week Iadvised free fall targets of 1318 and more, and you can check that it fell till 1292. I hope you earned and enjoyed:)
For this week 1292 is strong support as well as trend decider level. If it will slide below that thn ayou will see 1286-87 and till there everything will be normal. But if it will breakl thislevel alsothan free fall till 1266 or so will be seen. If it reall happens than you can buy aain with buy SL of 1244 and can sell at a jump followed by then.
Up side, if it will manage o cross and sustain above 1304 and also cross 1308 with volume than next target will be 1322. If it really happens and then if you want to book profit and short sell also than sell SL will be 1338 on closing basis.
ADX GENERAL ABU DHABI : CLOSED AT 4441
4450 is first resistance and trend will be upwards if it closes above 4456. If it really happens than it will head towards 4492 followed by 4508 on monthly levels.
4418 is first support. If it willc break this on closing basis than 4392 will be seen. Till here it is normal range but if it will fall beyond that than you will see free fall till 4360. If it really happens than you can buy there once abd book profits at the jump after that.
FTSE : CLOSED AT 7311
7272 and 7328 is built up as first range. Below or above that it will decide the trend. If it will cross 7328 with good volume than you will see next one way non stop target of 7392 as well.
If it will break 7272 on closing basis than it will touch 7242 also in day or two. Till there is is all seems normal but if it will close below 7242 than you will see it freely sliding to 7204.
For this week buy SL is 7198 and sell SL is 7504
HANG SENG : CLOSED AT 27881
Free fall expected from my charts on week opening till 27500 or so. And after that if it will recover above 27522 than it will bounce back and will come in to normal range, otherwise will have towait for another day to see where it settles.Real upside will start only and only after it cross 27878 and also close above 27932. If it really succeeds to do so than next one way target will be 28188 followed by 28256-68.
If it will notrecover above 27522 after it fall than you will see 27196.
For this week buy SL is 27182 and sell SL is 28248
No comments:
Post a Comment
WOULD LIKE TO KNOW YOUR COMMENTS :)