1. Technical Desk Market Update.

2. Nse Index Major supports violated on near term charts Trading Strategy: Sell on rise Intraday Support : 4968 / 4948 / 4917 / 4864 Intraday Resistance : 5032 / 5052 / 5083 / 5136

3. Bank Nifty Index Major supports violated on near term charts Trading Strategy : Sell on rise Intraday Resistance : 9683 / 9741 / 9834 / 9888 Intraday Support : 9495 / 9437 / 9343 / 9300

4. GOLD Near term trend is down, strong support is expected at 28350 Trading Strategy: Sell on rise Intraday Support : 28564 / 28510 / 28425 / 28281 Intraday Resistance : 28738 / 28792 / 28877 / 29021

5. SILVER Near term trend is down, strong support is at 54426 Trading Strategy: Sell on rise… Intraday Resistance : 55357 / 55494 / 55711 / 56076 Intraday Support : 54913 / 54776 / 54559 / 54194

6. CRUDE OIL - COMMODITY Near term technical bounce could be expected… Trading Strategy: Buy at dips with a strict stoploss of 5043 Intraday Resistance : 5176 / 5186 / 5201 / 5226 Intraday Support : 5146 / 5136 / 5121 / 5096

7. USD/INR Strong support is expected at 52.58, close below would attract panic Trading Strategy: Sell on rise Intraday Resistance : 53.30 / 53.40 / 53.50/ 53.80 Intraday Support : 53.00/ 52.90 / 52.70 / 52.50

8. S&P 500 - AMERICA Trend is Positive on charts whereas strong support is expected at 1358; close below this level would attract fresh selling pressure. Best trading strategy would be to buy near support…

9. Intraday calls suggested yesterday…. Sr No SymbolAction Entry Point 1 F&O Lot Qty Square off Value P&LStatus 1.HDFCBANKSELL5325005263000/- Target achieved 2.MARUTISELL131225013061500/- Target achieved 3.M&MSELL6925006844000/- Target achieved Please Note: If anyone traded on our Intraday recommendation than gross profit would have been Rs. 8500/-