Anirudh Sethi Report

Head & Shoulder formation :Target Rs.201

Below 220,Bears will have upperhand.

Minor support exist at 210.50.Break below this level will create panic upto 200-196.50 level.

I will Update more to our Subscribers.

Enjoyed panic selling in Base Metals ,Crude or not ??101% still looking weak weak and weak only.

Updated at 6:51/30th June/Baroda

Just Refresh your Memory and see on 14th May (Click here ) ,I had written two Hurdles for Natural Gas are 196-205 level.

-My Short term target above 205 were :226—-233 level.

-Do u know it crossed 205 level on 2nd June and in just 3 sessions only it kissed 235.40 level in MCX.

-Now ,If Jokers thinks u can Manipulate Nifty Future or U can Manipulate Metal or Crude price…….or Natural GAS….Then Consider yourself as biggest fool of this Universe.

Yes ,Click here  :On 17th May – I had written Big crash in ZINC ,LEAD & Base Metals on card……….Read it ……………!!!!!

This Song for our Readers and Traders….(Not for our Subscribers)

Dear Readers ,It’s a matter of Trust.Writing and Forecasting for me is a passion and that too since last 18 yrs.Instead of giving comments and wasting your precious time….I think u all should concentrate to mint money………..aage aapke iccha.

Technically Yours

From 172-175 level ,Iam Bullish.

-Last Month also written that two Hurdles exist at 199-206 level.

-It kissed 198 & crashed upto 174 level.

Every Day ,Getting e-mails that I should update about Natural Gas/Crude Oil on Daily basis…really only problem is time ,Nothing else.

Remember 172-175 is Major support.

Two hurdles at 199-206 level.

Crossover and close above 206 (Three Consecutive close above 206 +weekly close )…then watch real fire work.

-I see rally upto 226-233 in short run.

-I will update more to our Subscribers.

Updated at 7:58/14th May/Baroda

This is the Weekly Log chart of Natural Gas traded at NYMEX.

Triple Bottom at 173.

Triangle Breakout on Friday.

Height of Tringle Rs.21

Breakout Point 185.

So 185+21 =206 is target on card !!

101% It will go much higher ,But first watch explosive rally upto 206 & then I will update more !!

Updated at 12:10/26th April/Baroda

Dear Readers & Traders ,on 19th March -I had written that after breaking 190 level will take minor support at 172-170 level.

Click here to see the magic of chart(Kissed 172 & taken U-turn on Friday )

Now ,What to expect ?

Consider 172 (Last week low as crucial support ).Above 178 level.No worry for Bulls.

-I expect rally upto 196-202 level.

-Now if crosses 202 and closes above this level for 2 Consecutive days will take to 220-226 level.

Updated at 20:05/4th April/Baroda

After Hitting a low of Rs 118.60 it flared upto 282 level on 2nd Jan’10

-Again free fall started and in just 2 months crashed to 193 level.

Now ,What to expect ?

After looking at Monthly chart it looks that 190 is major support.

-Three Consecutive close below 190 and weekly close will take Natural Gas to 159-149 level.

-Minor support will be given at 170-172 level.

No Divergence on charts ,All indicators are down only.Just we are watching 190 level very closely……Last Hope for Thirty Bulls.

A Million Dollar question :Why this is traded in India ?Why Crude is traded in India ?I dont understand …….When trend is decided by USA only…When Inventories had to be checked of USA only…then why it is traded and what is the logic ?

-Iam saying and writing from last 4-5 yrs ,101% No logic @ all.Indian Traders had lost Millions in Crude ,Natural Gas and in Precious or Base Metals too.

Updated at 12:49/19th March/Baroda

Just have a eye on 232 level.Three Consecutive close below this level will take to 216-210 level in panic.

Sloping Trendline in Daily chart indicates it can halt around 225 level.

-Yesterday closed at 233 level.

-Around 230-228 ,take risk of Rs.3-4.Buy small qty and wait for sharp reversal.

I will update more to our Subscribers.

Updated at 20th Feb/:48 hrs/Baroda

After hitting low of 119 in September ‘09 it zoomed upto 282 level.

-From last 4 weeks kissing 278-282 level and falling.

Short/Medium term looking weak.

Long term :Looking Hot only.

-Yesterday closed at 246.70.

My Box chart indicates :Last crucial support exist at 239.

Break and close below this level for 2 consecutive days will take Natural Gas to 225-221.

Below 257,will favour Bears only.

More Details/Analysis for our Subcribers

Updated at 6:38/12th Jan/Baroda