Friday, July 12, 2013

Commodity Market

 MARKET TREND:           Finally break out above 5920  - buy on decline for target 3100
                             
      
NIFTY (SPOT) RESISTANCE :        5976-6000
NIFTY (SPOT) SUPPORT:             5920-5900

BSE SENSEX :         Strength above 19725 and weakness below 19460 – Target 19900 +



NIFTY FUTURE:-     Buy around 5920 stop loss  5890  target 5950-5980
BANK NIFTY :-           Buy on Decline around  11550-11560 stop loss 11500 below target 11750. Close above – big move towards 12000 +

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