Nifty & BankNifty View

Both index in formation of a Downward channel

Sell on rise till 9533 Nifty & 22980 Bankex safe

Till now Wave iii done in both & Wave iv running

This invalid above
Nifty -9488
Bankex- 22855

Monday will decide if these levels safe with Gap up than good down move expecting

Crude

Crude looks like ready for  decent correction

From its bottom of 2839 till 3280 a 5 wave move almost complete

Now coming to Daily chart
Crude is in a formation of Broadening wedge type pattern
In this it already completed wave iv & last wave V may began which can take Crude towards 2600-2700 range again.

Above 3340 this pattern invalid. So risk is of only 60 points with reward of 500+++ points

Holding period 1 month

Silver channel

Silver is on my radar since its fall

Last full week in a tight channel trading

A breakout move above 38500 will bring good upmomentum

Otherwise if channel not break than 37600 channel bottom possibility

to retest

CrudeOil

Crude after a V shape recovery now resting in tight zone

A move till 3024 possible to retest last week breakout

Long near 3024 with sl below 2970

Upside looking for 3160++

Retest of long term channel breakdown

Nickle ascending traingle

Nickle forming a ascending Triangle pattern

Multi tops at 604

A break move past this can bring 619+++ fast
Sl below 594 after active

Copper H&S

Copper forming a Head & Shoulder pattern on hourly chart

Short only below 357.5 candle Open
with a Sl above 363.5

Downside-353/349 projected

Bosch Wolf Wave

Bosch completed a WW today with High 23800++++

Shorts can initiate below 23300 for 21900 levels

A good Risk reward trade with 500 risk 1500 Profit target