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Commodity MCX Cotton, CPO & Cardamom intraday trading tips

Posted: 04 Apr 2016 09:28 PM PDT

Whenever I see the moves of cotton, I remind one thing what Warren said, “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

Now I don’t think I need to explain more about cotton. On last week cotton had gained 470 rupees and yesterday it earned 140 points so I should recommend to intraday trader to go with it for 16426-16474 levels. Lion heart traders can hold until cotton break 16540 levels.

INTRADAY TARGETS: 564-567
SHORT TERM TARGETS: 573+
STOPLOSS: YESTERDAY LOW FOR FREE READERS

FOR DAY TRADERS TARGETS: 658-644
SHORT TERM INVESTORS MAY UNTIL IT BREAK 621 LEVELS.

PERFECT ENTRY LEVEL & STOPLOSS I’LL SEND BY SMS TO PREMIUM SUBSCRIBERS.

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CRUDE OIL TIPS: Bearish Pressure Remains

Posted: 04 Apr 2016 04:35 AM PDT

On last week crude oil lost almost -212 points and on previous trading session it had lost -97 rupees. Look at above chart, MACD & RSI showing down signals. Now no need to explain in-details to smart traders because resistance has been broken and at the present time I look 80% chance to hit first support (2320 level). I am recommending selling crude oil to premium subscribers & free readers.

Once black gold comes under ‘critical zone’ then we will see 2072-1922 levels again.

If you would like to buy crude oil then wait until it crossover the resistance 2545 level OR wait for it to hit support 2320 level one time. If the crude oil breaks resistance and move up then we will show 2610-2740+ levels.

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