Bank NIfty H&S

Bank Nifty Spot Hourly Chart

Above is Bank Nifty hourly Chart . A Probable Head & Shoulder is witnessed. Along with it a channel breakdown is also shown. Neckline of  h&s  is at 18300, break below that level will confirm downward move. while on upside if it is able to sustain above 19600 with good volume than only its uptrend will get confirm. One should remain cautious  while Trading in bank nifty & follow levels.

Jeera Daily chart

Above is Jeera Daily chart . In 2014 Jeera had given decent return . Elliot wave count is plotted on daily chart , still some spark is left in the form of final 5th wave . In this scenario we can expect 19000 level while on downside 12800 seems to be good support.

  It is normally assumed that 5th wave in Commodities are extended instead of 3rd wave , in that case above count will get invalid.In this scenario we can expect 22000+ levels.

Comex Gold & Silver Daily Chart

Gold Daily

Above is Comex Gold Daily chart . After giving Inverted Head & Shoulder breakout it test its neck line arnd $1220 lvl , while $1180 still seems to be good support for Comex gold . Can expect fresh buying this level.

Silver Daily

Above is Comex Silver Daily chart . After giving Inverted Head & shoulder Break out it  test its neck line near 16.60 lvl, while $16 seems to be good support for short term. Can expect some buying from this level.

Agri Commodities Chana , RMseed , Soy Oil.

Chana Hourly April Contract.

Above is chana hourly chart last closed at 3619. A inverted head & shoulder is shown in above chart, targeting towards3745/3825. 3550 seems to be good support for April contract.

Rm Seed April Contract Hourly

Above is RM Seed chart last closed at 3342. A small inverted head & shoulder  along with falling channel is witnessed, targeting towards 3400/3480 lvls in coming days, while 3290 seems to be good support for April contract.

Syo oil April Contract Hourly

 Above is Soy oil hourly chart last closed at 604.80. A cup n handle formation is seen in hourly chart with small Inverted Head & shoulder formation targeting towards 620 lvls while 594 seems to be good support for april contract.

Jeera April Contract Hourly

Above is Jeera April Contract last closed at 14485.A falling wedge formation is seen which may target towards 15500/16000 lvls while 14000/13800 seems to be good support.