Commodity up dated...............21st June 2018

Commodity up dated...............21st June 2018

Gold....

weakness continue as long as remain below 31100... down side pen towards.................

Silver.............

We are holding short position at the level of 41200 more down side in coming days....

Crude.............

Last weekwe are long above 4400 and our target 4500 have been achieved now resistance nearly 4575-4600 watch out.............

Copper......

As after sharp rise we are in selling mode with stop loss 502 and our target 450 which is near to closing level.....

Nickle...............

After made a high 1058 heavy selling pressure seen....

remain 1050 weakness continue.

Natural Gas......

Almost made a high 207.50 and selling pressure

weakness once break down 196 .........

Aluminium..............

Last week mde a high 158 selling pressure seen and almost made a low 148 avoid trding...

Zinc..................

After made a high 219 heavy selling seen and made a low 205 more down side..............

Lead...............

Time being support 160 as long as hold

remain bullish

More details

call 9630466296./9301302732

Market out look dated 20 th June June 2018

Market out look dated  20 ^th June   June   2018

Market Trend :

 Trade war concern  - Weakness in Street

Market are continue in bearish mode for the last days as trade wear have been started between  USA and China and resulted broad based selling seen in market. Across the board selling resulted in Metal, PSU Bank, Reality and major stocks was down trend. Over all distribution pattern and time fresh long avoid till the picuture clear.  However, we are near to support level and once break down more weakness likely.  On the other hand a TV Channels and Anchor continue basles recommending morning to noon and they are seen U turn and not confirmed at their  words so best way to save such types of channels and take your own research before taking any trading session.

Nifty Spot :

 Since morning market open with positive bias but broad based selling seen in market and finally it closed at 10710 with a  loss of 90 pounts and up side remain under pressure in coming days.  We may consider last support 10690-10700, trade and sustained below more weakness towards 10660-10620-10600-10550 likely.  Higher level resistance 10760-10780 whereas to decent opportunity short side, in case any pull back rally on intra day basis.

Stop loss for long 10694 and as remain above up side open towards 10970 and 11205. Likely

Bank Nifty Future :

 Over all trend is bearish once it has broken support level 26500  and likely weakness continue, as remain below down side first target 26200, thereafter more lower level towards 26000    25900  which is major support area.  Higher level resistance 26500 and 26750

Consider stop loss for long 25895, as hold upper side open towards 26679, 27590-28225  in coming days

FO QUES  :

   Highest Put at  10700 and 10600 holding open interest which  indicate more lower level around 10600 +

Highest call writing seen at 10800 and 11000  so in this series maximum up side caped at 10800.

Call writing seen at 10800-11000 strike price

More details and entry level call

9630466296 /9301302732 

Market out look dated 19th June 2018

Market out look dated  19th June    2018 Market Trend :Market Are consolidation with narrow range and Bulls/BEARS fight continue to defend in either side. On Monday market open with good note but over all trend bound range seen in 50 point and finally it was closed with a loss of 18 points at 10800.   Metal stcks on Monday culprit and over all selling due to Global war between China and USA. On the other hand consumption story continue and Foodwear industry decent move which is leady by Bata and Relaxo Foot wear.  Over all trading rante in market ad lower level 10700 and higher level 10930. Once successfully break this range market will take good direction. Till then avoid trading in Index and trade in  stock specify.   Nifty Spot :  Consider support 10787-10750 whereas resistance around 10850-10894  and major resistance 10930.  Lower level do not think short sell, strong bounce back can not be ruled out. Over all nifty are continue trading long term moving average such as  50-100-200 DMA so any dip to descent opportunity to buy side. Stop loss for long 10694 and as remain above up side open towards 10970 and 11205. Likely. Bank Nifty Future :  Over all trend is bearish but time being save by ICICI Bank due to good news, however, all pvt. Sector banks in sell side.  Consider resistance 26500-26600 whereas a supply zone and crossover and stay above it will show up side, down side support at 26250 and major support range 25900-26000  Over all looking up side it will against test 27050  and 27765   in coming days/month. Consider stop loss for long 25895, as hold upper side open towards 26679, 27590-28225  in coming days. FO QUES  :   Highest Put at 10700 and 10600, whereas highest call seen at 11000, 10900 and 10800. Put writing seen at 10700 and 10600 strike price, whereas call  writing seen at 10800 and 11000 mark.  OPEN INTEREST ANALYSIS Long Side:   Bajaj Auto, Apollo Hospital, Jubilant Food, BPCL, Bata, Apollo Hospiteal Short side :     SunTV, Torrent Pharma, Ceat, IGL, Axis Bank, Titan, tata Steel, Ashok Leyland and NCC Short Covering  :   ICICI Bank 59 lacs shares, TATA Motor – 6.97 lacs, Star 8.53 lacs, Ibul Housing 60000 shares , Dr Readdy Lab  26000  so any short to think before of these shares. Long Unwinding   :   DHFL Can Bank, Apollo Tyres  Stocks for Tuesday Trading : Tata Motor, BATA, Lupin, Hindustan Lever, ICICI Bank, Dr Readdy Lab, Arvind Mills and many more More details and entry level call 9630466296 /9301302732

Market out look dated 18th June June 2018

Market out look dated  18th June   June   2018 Market Trend :  Bulls are continue defend Nifty  10700  and up move continue as long as hold Market are continue bias by way of TCS buy back announcement and continuestrong support and tremendous buying seen in Pharma segement.  Over all time to sharp dip to decent opportunity to long side. Nifty Spot :   Consider support 10800-10750, upper side crossover10837, up side open towards 10890 thereafter more up side. Any sharp decline to buy side. Stop loss for long 10694 and as remain above up side open towards 10970 and 11205. Likely.    Bank Nifty Future :  Bank Nifty are continue trading zone with consider support 26250 and resistance nearly  Consider resistance 26600-26700 and below 26400  selling pressure likely. Higher level to sell side. Consider stop loss for long 25895, as hold upper side open towards 26679, 27590-28225  in coming days. FO QUES  :  Long Side:      Torrent pharma, Dr Readdy, Tata Elexi, Ajana Pharma Short side :   ICICI Bank, Ultatatech Cement, LT, Apollo Tyre, More details and entry level call 9630466296 / 9301302732