Thursday, September 26, 2013

Pre-Market View - Gold / Silver / Crude Near Month Future

Gold (Oct) Future
Trend - Sidewise to Up / Buy on Dips 

Target4               30600-700         Book Profit / Sell Zone
Target2               30250-30350    Sell here if can't stay above

Target1               29950-30050    (buy Above or Holding)


Target1               29800-900          Buy Zone / Big Support   - Key zone
Target2               29600-29700      Buy Zone
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Silver Future
Trend - Sidewise to Up  /  Buy on Dips

Target3              50100-250     Book Profit / Sell Zone
Target2               49500           Book Profit / Sell Zone
Target1               49250-350 

Target1               49000   (buy Above/ or Holding)

Target1               48750-850  
Target2               48500              Buy Zone / Big Support
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Crude Oil Future
Trend - Sidewise to down 

Target3               6520-40        Book Profit / Exit Zone
Target1               6480-90        Sell Area / Buy more Above
Target1               6450-60        Sell Area / Buy more Above


Buy  Holding      6380-6420 Big Support / Buy here / Exit all long below

Target1              6320-40
Target2              6200

Pre-Market View on SBI & Reliance Ind

SBI CASH

Target3        1806            Sell & exit  Zone
Target2        1745            Resistance / Sell Zone
Target1        1695/1700     Buy more above  / Sell here if not sustaining  

Buy Holding 1660-70    Buy all Dips towards it

Target1         1580          Good Support / Buy may be attempted / Sell below
Target2         1555-65
Target3         1510-30     Very Good Support / Buy Zone 

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Reliace CASH 

Target3        890         Sell & exit  Zone
Target2        880         Resistance / Sell Zone
Target1        860-65    Huge Resistance & Sell Zone

Buy Holding  850    Buy all Dips towards it

Target1         838-42    Good Support / Buy may be attempted / Sell below
Target2         815-25    Very Good Support / Buy Zone 

Pre-Market View

Market Bias should be positive by the end of Day as Market may have hit short term bottom - May have high fluctuations and good pullback by EOD like yesterday

Nifty Spot - 5871 is the trend decider today

Nifty Future 

Target5                                                5975-85  (Stiff Resistance/ Sell zone)
Target3                                                5950-60  (Stiff Resistance/ Sell zone)
Target2                                                5930-40  (Stiff Resistance/ Sell zone)
Target1                                               5910-20      

Strength above /Weak below           5880  Buy above or Holding this level or all dips to this 

Target 1                                           5835-45    (Big Support / Buying zone / Sell below)
Target 2                                           5800        (Big Support / Buying zone / Sell below)


Exit all longs below this level if price sustaining below this level


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Bank Nifty Spot - 9982 is the trend decider today

BankNifty Future 

Target3                                               10750-10800  (Resistance zone)
Target2                                               10330-10400  (Resistance zone)
Target1                                               10200-10260 

Strength above /Weak below          10080-10120  

Target 1                                             9850-9900         (Big Support Buying zone)
Target 2                                             9600         (Bigger Support Buying zone)


Exit all longs below this level if price sustaining below this level