Gold (OCT) & Silver Future Intra day

Exit longs now or by end of day.

For 17/9/2013

LT Spot

920-30    LT should reach here in 2 weeks
869-877 Next Target & Sell Zone
838-43 (Sell Zone / Buy Above)
832 Weak Below it
822-26  (Good Support/ Sell below/ Buy Holding)

804-8  (Strong Support/ Weak Below)
778-88  (Strong Support)
753 Lower Target (Buying Zone)
728 Lower Target (Buying Zone)

Gold (Oct) Future may be bought here for  29500/29700/29825
Silver may be bought here for                    49600 / 49800 /50000

Follow stop loss rule.  No positional longs suggested yet only intraday.

Nifty Spot Intraday Update

Nifty Spot is getting bought near to 5800 and is now a strong support till the completion of X-wave. All dips towards 5800 must be bought. Weakness of some sort can happen only below 5800.

Nifty Future Intraday

Keeping Below 5865 Nifty future will attempt 5830.  Above 5865 Bulls can have a pulback.

5860 + is the pullback level for Nifty Spot.

Nifty Spot

As given earlier 5860 may provide good support here.  Below 5860 much bigger fall expected.

Gold (OCT) future

Buy / Sell both risky at this juncture but some buying may be expected if 29520 or 29350 is held back to 29750/825/900.

USD-INR working as par expectation.  But reaching a buying level ? May be bought above & Holding 63.3 with 63.1 as stop loss for 63.50 - 63.65 immediately.