Friday, September 20, 2013

Intraday Post

Market didn't break 2-4 line yet that is the bullish possibility (Faster retracement didn't happen) and Nifty Future pullback towards 6070-85  and 6125 (sustaining above 6070) not impossible. For today 6020-40 may be attempted.
Gold (Oct) Future

Target3              31250-300
Target2              30750-800
Target1              30600-50
Buying Holding  30500
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Sell Below 30440
Target1     30365
Target2     30329
Target3     30150
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Silver Future

Target4              53000
Target3              52200-300
Target2              51700-800
Target1              51700
Buying Holding  51450-550
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Sell Below 51400
Target1     51100-50
Target2     50800
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Crude Oil Future

Target4              6700
Target3              6680
Target2              6660
Target1              6630
Buying Holding  6610-20

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Sell Below 6565
Target1     6530-40
Target2     6515-20
Target3     6450-70


Pre-Market View 20/9/2013 - Look for Intraday Update in case of anything unusual

Market is long as long as HH / HL continues

Nifty Future

Sell Near  6160-80
Target1    6124  (Sell here, if does not hold)
Target2    6090  (Sell here, if does not hold)
Target3    6070-85 (Buying zone)
Target3    6030-55 (Buying zone)


Close all longs if price starts trading below 6070 & buy back if gets above it.

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Target 4                 6180-6200  (Sell Zone / buy above)
Target 3                 6140-50  (Sell Zone / buy above)
Target 2                 6125   ( Sell Zone / buy above)
Target 1                 6100  (more Strength above this)

Buy at                    6070-85
Buy more               6030-50

Short if starts trading below 6030-50.
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Bank Nifty Future

Sell Near  11300-400 (Buy above)
Target1    11230-50 (Sell here, if does not hold)
Target2    11130-90  (Sell here, if does not hold)
Target3   10900-11000
Target4   10800-10850

Close longs if starts trading below 10800
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Target 4                 11650-700  (Sell Zone / buy above)
Target 3                 11300-400 (Sell Zone / buy above)
Target 2                 11230-50   ( Sell Zone / buy above)
Target 1                 11130-90  (more Strength above this)
Buy at                    10900-11000
Buy more               10800-10850

Short if price starts trading below 10800 & buy back if gets above it.
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