Technical Desk Daily Market Update.
Nse Index Short term trend is down Technical bounce expected …. Trading Strategy: Buy on dips Intraday Resistance : 4963 / 4976 / 4996 / 5029 Intraday Support : 4922 / 4910 / 4889 / 4856
Bank Nifty Index Short term trend is down Technical bounce expected …. Trading Strategy: Buy on dips Intraday Resistance : 9366 / 9394 / 9440 / 9515 Intraday Support : 9274 / 9245 / 9199 / 9124
GOLD Near term trend would still be down, support is expected at Technical bounce could be expected….. Trading Strategy : Buy on dips with a stoploss of Intraday Resistance : / / / Intraday Support : / / / 27913
SILVER Near term trend is down; however expect a technical bounce… Best trading Strategy: Buy on dip with a stoploss of …. Intraday Resistance : / / / Intraday Support : / / / 52142
CRUDE OIL - COMMODITY Trend is down on charts whereas strong support is expected at Trading Strategy: Sell on rise Intraday Resistance : 5098 / 5108 / 5123 / 5148 Intraday Support : 5068 / 5058 / 5043 / 5018
USD/INR Trend is up on charts, whereas aggressive buying would only come once it trades above Intraday Resistance : / / / Intraday Support : / / /53.30
S&P AMERICA Trend is Positive on charts whereas strong support is expected at 1340; close below this level would attract fresh selling pressure. Best trading strategy would be to buy near support…
Monday – Friday Trading Strategy. Sr No.SymbolActionCMPTargetStoploss 1Mc DowellBUY APILBUY BGRENERGYSELL GSPLSELL CENTRAL BANK SELL
Mon-Fri status M2M Sr NoSymbolAction Entry Point CMPP&LStatus 1.MC - DOWELL BUY Target achieved 2.APIL BUY Hold 3.BGRENERGY SELL 285 0Hold 4.GSPL SELL 64 0Hold 5.CENTRAL BANK SELL 76 0Hold