Wednesday 27 March 2013

COPPER & LEAD COMEX FRESH BREAK DOWN

COPPER COMEX BREAKDOWN WEEKLY CHARTS



COPPER COMEX (27-March-2013) recently on weekly charts gave a breakdown of a classical symmetrical Triangle Pattern and Next Support is @3.20 $ Selling Opportunity Lies at current Levels. Major Profit Booking has been Seen in Commodities including Precious Metals and Base Metals.

Now Trading Near to levels around 3.4200 $. Here the Breakout on the weekly charts we suggest one can Initiate a Short Position on Copper MCX also following the Levels at COPPER COMEX. 


LEAD COMEX BREAKDOWN ON DAILY CHARTS


Fresh Breakout on The Charts of LEAD COMEX. Broke a Strong Trend line support Levels on Daily Charts. Next Support @1920 $ One Can Initiate a Short Position and Any bounce back towards higher level will be a selling opportunity.

Now Trading Near to Levels around 2115$ and further correction can can take LEAD COMEX around next Support @1920$. Based on the Breakdown on Daily charts Trend line support we suggest to Initiate Short Position at current levels and any any bounce back at higher levels will be a opportunity to take a short position. 

Thursday 21 March 2013

SILVER MCX AND COMEX

HOURLY CHARTS OF SILVER MCX AND SILVER COMEX


SILVER MCX may face stiff resistance around 55300- 55400 levels. One can Initiate a short position around these levels.


SILVER COMEX may Face stiff Resistance around 29.50$- 29.45$ Levels. One can Initiate a short position around these levels.



Wednesday 20 March 2013

GOLD MCX

GOLD MCX May face Stiff Resistance Around 29950- 29970. Sell Around 29950 with SL 30050
If GOLD MCX Closes Above 29970 it May head Towards 30400.


Thursday 14 March 2013

Silver COMEX

Hourly Chart Of Silver at COMEX


Silver COMEX can bounce Back from Current Levels Keep SL @28.50$ and Stay Long.

Reverse Position if Breaks 28.50$ levels and Sustain below these levels. Initiate Short Position if Silver Comex Trades Below 28.50$ Levels.

Monday 11 March 2013

Gold COMEX

11- March-2013

Trading in a Range

Gold Comex is Trading In a Range between 1585$ - 1565$

Buy GOLD COMEX Around 1565$ with SL 1558$ TGT 1585$
Sell GOLD COMEX Around 1585$ with SL 1592$ TGT 1565$

Sunday 4 November 2012

Short Term Call


Buy 3i Infotech above 8.5 with S/L 6.5 TGT 13-15

3i Infotech is being Accumulated at every Draw Down and Trading near All time Lows because of its Fundamentals but Technical Study Suggest There can be a big Price moment on Upside in Coming Days.

Watch Out Volume and Price Movements marked with Arrows on The Charts It can be Clearly understood.

Friday 2 November 2012

Short Term Call


Buy And Hold APOLLO TYRES Above 89.9 TGT 110 S/L 84

As Today On 2-Nov-2012 Company Will Post its Second Quater Results
And are Exptected to be Robust so Technically and Fundamently
APOLLOTYRES is a Good Pick.

Note: IF Today Open with GAP UP At Higher Levels Try to Accumulate
Stock at each drawdown. Or Other wise buy as Suggested above.


Short Term Call

Buy LIC HOUSING FINANCE Above 250.5
TGT-1 : 265
TGT-2 : 270
Stoploss : 239

LICHSGFIN is Trading near Support Trend Line and Can Bounce back From These Levels.
Should be Bought With Time Frame of 15days. Nifty is Correcting From higher Levels and LICHSGFIN Can Also Break Support Levels So Trade With Tight Stoploss.

Thursday 1 November 2012

Short Term Call

Buying opportunity in OPTO CIRCUIT Have Look at charts:

Short Term Call

Buy AUROPHARMA Above 166 S/L 152 TGT 185
Sell AUROPHARMA Beow 152 S/L 166 TGT 135


Friday 21 September 2012

Book Profit in Short Term Calls

1. Booked Remaining 25% Profit in AHDHRA BANK @110
Bought at 92 and Sold 50% @98------------------ Click Here
Bought at 92 and Sold 25% @105-----------------Click Here
Bought at 92 and Sold 25% @110-----------------Booked Today
Average Return of 11.5% Approx in 10 Days.
Click here to see ANDHRA BANK Call

2. Booked Remaining 50% Profit in ABB @770
Bought @735 and Sold 50% @770----------------- Click here
Bought @735 and Sold 50% @770-----------------Booked Today
Average Return of 5% Approx in 12 Days
Click Here to See ABB Call


3. Booked Full Profit in BHARTI AIRTEL @280
Bought at 265-267 Sold  @280--------------------Booked Today
Average Return of 5% Approx in 3 Days.
Click Here to see BHARTI AIRTEL Call

Short Term Call

Buy and Hold RCOM @61-62
Target  @ 72-75
Stoploss @ 53

RCOM DAILY CHART:
Small Quantity should be bough as NIFTY is Trading at Higher Levels.

RCOM WEEKLY CHART:


Monday 17 September 2012

NIfty Option call

Buy one More NIFTY 5300 Put 27-SEPT 2012 at Rs5.
Average Rs17 +5= Rs23*50= Rs 1150+ Brokerage

As Told On 12th-SEPT-2012 Nifty Will Face Ultimate Resistance at 5630.
And Today On 17th-Sept-2012 Nifty is Bouncing Back from 5630-5640 Levels.


Nifty Can See a Profit Booking So We Bet to Short Nifty with S/L if Nifty Trades above 5700.
Nifty Trading Above Bollinger Bands
RSI is Highly Over Bought
CCI is Also Highly Over Bought
Have a Look:


Short Term Call

Buy & Hold BHARTI AIRTEL @265-267 with S/L 253 Target 285-290 (2 Weeks Hold)
Bharti Airtel Broke Resistance of 265 With Heavy volumes Today on 17th-SEPT-2012.



Book Profit In Short Term Call

Book Half Profit (50%) in ANDHRA BANK @98 Buy Call @91.8-92.5
Today up more Than 5%. Made a High of 99
For Remaining Position Keep Cost Price As Stoploss
Click here Andhra Bank Call

Andhra Bank Trading at Long Term Support.
Buy ANDHRA BANK at 91.8-92.5
Target 155-120 Stoploss 85.

Book Profit in Short Term Call

Book Half Profit (50%) in ABB @770-765
On 9th-Sept we Recommended to Buy ABB for Short Term.

Buy ABB @730-735 For Target of 820 With S/L 690


Nifty Today

NIFTY FUTURE :
Currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 14.59 lakh position in Open Interest and this accounts to 7.24 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 7.25 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 20.24 lakh position in open interest and this accounts to 8.89 % of Total Open Interest in all series and cumulatively trading in average premium of 33.22 Rs to Underlying. The open interest is also increasing with trend 


NIFTY OPTIONS:
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side but writing of Put is slightly increasing at 5500 level The Nifty call option is trading at discount so sentiment at higher level seems cautious The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 784.59 lakh position and Nifty call option has added 713.16 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 56.25 crore in value and Nifty call option has shed Rs -100.71 crore in value on cumulative basis

Thursday 13 September 2012

Nifty Futures and Option


NIFTY FUTURE: 
CMP(5446.95) is currently in BULL trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 5.51 lakh position in Open Interest and this accounts to 2.99 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 15.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 6.09 lakh position in open interest and this accounts to 2.99 % of Total Open Interest in all series and cumulatively trading in average premium of 42.4 Rs to Underlying. The open interest is also increasing with trend



NIFTY OPTIONS;
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side and writing of call is increasing The Nifty call option is trading at discount so sentiment at higher level seems cautious Yesterday Nifty Put option has added 728.01 lakh position and Nifty call option has added 689.77 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 27.09 crore in value and Nifty call option has added Rs 4.66 crore in value on cumulative basis

Wednesday 12 September 2012

Nifty Levels To be Watch Out Next


Nifty Views:

5460 Strong Resistance For Nifty. If Closes
Above 5460 Next Resistance is 5500-5510
and After That 5630 ultimate Resistance.

Nifty formed Classical Inverted Head and Sholder Pattern, if Crosses 5460-5470 will be Pattern breakout


Nifty Option Call

Buy NIFTY 5300 27 SEPT 2012 PUT @17 Till Expiry.
Target @40  StopLoss- Hold till Expiry.

Investment Rs17*50= Rs850/- + Rs100 brokerage= Rs950/-