Gold Future (OCT) for Today / Tomorrow

Gold may be bought between 30200(50%) & 30400 (50%) for 31200 / 31700 initially

                                                      Or

Gold may be bought above 30800 for 31200 / 31700 initially


Silver Future for Today / Tomorrow

Silver may be bought  holding or above 52200 for 53200 / 53400-600 / 54200 initially

Nifty Price action almost confirming Terminal impulse C from 6096 to 5118.85 & is  likely to be retraced fully by 16th Sep, 2016 !  But caution is warranted, due to highly OB situation in Hourly & Daily Chart.   Better to deal it on a day to day basis - Exit Longs today.

Nifty Spot

In the momentum Nifty spot may also attempt 5970, 6050 (despite expected topping around 5950 for the time being) but whatever may be weekend or near these values profit should be booked of longs and closer to 6050 shorting may also be attempted.

Intraday Post

Nifty Future Does have some more steam left on the upside.  If nifty can protect 5835-40 it is likely to attempt 5900 or nearby. Long may be attempted closer to 5840 for 5876-5900. Follow the stop loss rule.   Best buy is closer to 5810-20.

Intraday Post 

Time to be careful from now onwards up-to 5950 in Nifty Future.  Market May fall for bigger drops anytime by the week.  No carry forward longs preferred.  Market is heavily Overbought.

Intraday Post