Tuesday, September 17, 2013

Gold (Oct) Future

Resistance cum sell zone           30100-200 , Buy if moves above
Weak below / Strong above        29900
Support / Sell Below                   29700-760 , Sell more if moves below

Silver Future

Resistance cum sell zone             50300-50500 , Buy if moves above
Weak below / Strong above         49950
Support / Sell Below                    49700, Sell more if moves below








USD-INR 

May be booked out near 63.95-64
Gold (OCT) Future

May be shorted near 30020-70 for a Target of 29800 / 29700/650/


Silver Future

May be shorted near 50300-350 for a Target of 50000 /49800 / 49500
USD-INR 

Having good rally may be sold near 64.30-63.40  with 64.5 as stop loss
Nifty Future


T3              5937 Selling Zone
T2              5919 Selling Zone
 T1              5905 Selling Zone

Buy above 5880 (Also buy in dips up to 5858-68)
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Sell Below 5856

T1              5820  Buying Zone
T3              5797  Buying zone 
T2              5767  Buying zone 


Nifty Spot must hold 5798  to complete 4th of c leg of x-wave
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Bank Nifty Future

T3             10750
T2             10560 
T1             10480

Buy above/ holding 10350 


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Sell Below 10280

T1              10260 Buying Zone
T2              10200  Buying zone
T3              10150  Buying zone 
T4              10050  Buying zone 


Gold (OCT) Future & Silver have behaved in the dotted line 29800 & 50000.