Commodity Market out look for 20th Feb.

\Script Name Trend closing price Recommendations
Gold (April) Up 29360 Up move continue as long as hold 29000 mark.
Silver (March) Up 42937 Resistance 43000-43500 … support 42200
Crude(March) Up 3604 Now closed above 3600 more up side,
Copper(Feb) Up 400 Decent support 395-390 watch out
Natural Gas(Feb) Down 191.20 SELLING PRESSURE CONTINUE, RESISTANCE 195
Aluminum(FEB) Up 127 Trend is positive as remain above 122.
Lead (FEB) Up 151.15 Near to strong support, break down these level, more selling pressure. Trend Reversal only above 156.
Zinc (FEB) Up 188 Near to support level, time being long avoid, resistance 192
Nickel (FEB) Side
Way 740 Now trading range 710 to 750
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Market out Look 20 th Feb.

Market out Look 20 th Feb

Market are continue trading in positive bias and finally Friday closed above 8800 mark which indicate break out in upper level of trading range and ready to move up side towards 9000 mark in coming days.

On the lower side 8750 8700 remain decent support range and any decline to buy side.

Banking Index also looking good and almost FIIS bought more than 9000 crore on Friday and  closed above with positive bias so major up side likely in coming days.  Down side major support observed at 20200 whereas the highest put hold consider short term support and up side towards 20800 21000 mark .

On the stock specify  Banking stocks likely to pay attention and ICICI Bank, SBI,  Bank of Baroda, Kotak Bank, Indus Bank will perform better.  Other stocks likely VEDL, Hindalco, Mahindra Finance, LIC Housing, DHFL, IBUL Housing and many more to  watch out.

As per FO Data long were saw in JP Associates, IBUL,  Kotak Bank and ICICI Bank.

Unwinding seen in TCS before Board meeting and HCL Tech.

Short covering in  HDFC Bank and Century Textile

Short side – Axis Bank, IDEA and Godrej Industries.

On a delivery front major delivery based volume seen in HDFC Bank around 8.50 crores shares bought by FIIS, Infosys  (20 lacs) Bank of Baroda (38 lacs) SBI (41 lacs) and Axis Bank (34 lacs in selling side).

 

Over all trend is bullish and dip to buy side till Nifty hold 8750-8700 level till expiry.

 

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Commodity Market out look for 17th Feb.

Commodity Market out look for 17th Feb.

 

Script Name

 

Trend

 

closing price

 

Recommendations

Gold (April) Up 29416 Momentum continue as long as hold 29200 mark.
Silver (March) Up 43010 Trend is positive with consider support 42900
Crude(March) Up 3624  

Now closed above 3600  more up side,

Copper(Feb) Up 402 Buy on decline strategy continue. Consider support 395 and resistance 405-406
Natural Gas(Feb) Down 192.60 Unable to hold 200 DMA, more panic in coming days an not be ruled out
Aluminum(FEB) Up 127 Trend is positive as remain above 122.
Lead (FEB) Up 153.35 As long as hold 152  buy on dip strategy.  Resistance at higher level 160   162
Zinc (FEB) Up 192 Time being resistance 195 and support 189 watch out break this range will move faster
Nickel (FEB) Side

Way

740 As long as price trading above 710, buy o dip strategy continue

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Market trend – 17th Feb, 2017.

Market trend – 17th Feb, 2017

Market are continue in narrow trading range between 8700 to 8820  till not break down in either side, avoid trading in Nifty and wait a side line.   But sonner or later it will be cross and minimum 150-200 points move in either side.   However, chances are up side is possible looking to Thursday market trend.

Bank Nifty also looking  a  same direction between 2000 to 20450.  For smart and swing traders can trade on buy side at support level and sell side at resistance level and can make money in agood way.

We have observed as under :

Long Side………….JP Associates, DCB, Ceat Tyres

Exit Long………..Asian Paints, ITC, ICICI Bank

Short covering…. Infosys, Reliance, Arvind Ltd and Aurbindo pharma.

Some stocks to be watch out for trading purposes accordingly to market direction.

Axis Bank

HDFC Bank

SBI

ICICI Bank

Bharat Forge

Century Textile,

Tata Steel

VEDL

Hindalco

Ujjavin

 

In Option Front   – Concentrate Nifty Strike Price 8700 and Bank Nifty 20000.

 

And many more.

 

For subscription

Call 9630466296

Commodity Market out look for 16th Feb.

Gold (April) Up 29143 Momentum looks correction till price are trading below 29250 with consider support 28900.    Trend Reversal 28475 Silver (March) Up 42651 Trends looks positive as long as hold…

Source: Commodity Market out look for 16th Feb.

Commodity Market out look for 16th Feb.

Gold (April) Up 29143 Momentum looks correction till price are trading below 29250 with consider support 28900.    Trend Reversal 28475
Silver (March) Up 42651 Trends looks positive as long as holding above 42000-42200 range .  Trend Reversal 40964. – T
Crude(March) Up 3596 Momentum looks sideways with consider support 3500-3525 range.

Trend reversal 3475

Copper(Feb) Up 404 Trend looks positive till holding above 399, while up side may test 410-415 range –   Tend Reversal  386.
Natural Gas(Feb) Down 196.60 Near to support level of 200 DMA.  HOlding above 194 likely some pull back  – Trend Reversal 215.60
Aluminum(FEB) Up 127.35 Trend is positive as remain above 122. Trend Reversal 122.10
Lead (FEB) Up 155 As long as hold 151.50  buy on dip strategy. Trend Reversal 151.50
Zinc (FEB) Up 191.60 Bullish trend with consider support 184.50 – till that buy on dip strategy, crossover 199, read for big move.  Trend Reversal 184.
Nickel (FEB) Side

Way

728 Momentum remains positive till prices are trading above 710 while up side cap 730, thereafter …. Trend Reversal 676

 

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Market out look for 16th Feb.

Market out look for 16th Feb


Market trend is Down
No Long side…. Rise to Sell Side
Stop Loss for  Short…………8820


Market trend is continue in trading range between 8710 to 8830, however at higher level, some selling and profit booking seen in the market and also some reversal seen from the lower level 8715 but at higher level again selling and finally closed with a negative bias which indicate at higher side market unable to move.


At the same in Bank Nifty continue holding support 20100 2150 and resistance 20400……..but in front line stocks like, SBI, ICICI Bank, Bank of Baroda, PNB, selling whereas buying observed in Axis Bank and HDFC Bank,.


As far as concerned in the market tomorrow will be weekly expiry of Bank Nifty so high volatility can not be ruled out. What we do on the eve of Expiry.
Concentrate 20000 call of expiry and panic to buy side with tight stop loss and as and when getting profit to be exit.


Try to sell on rise or write of call option of expiry like
20300 20400 20500 call ultimate it will be available on 5 paisa but any trade should be strict stop loss.


As regards the FO data indicate, in Nifty Future almost 10 per cent which is short side.
Long side……IGL, ITC, TCS AND Mahindra and Mahindra
Short Side…. HPCL VOLTAS, TELCO AND TATA DVR
Short covering – LIC Housing
Long Unwinding – Bharaft Fore and PC Jewellers
Now today watch out some stocks which looks strength and likely some up move due to positive closed as well as added some open interest in long side.


Reliance Industries
Axis Bank
HDFC Bank


Play for short on rise..


DLF
Tata Motor
Tata DVR
HDIL
HPCL
Arvind Ltd
Bank of Baroda

Tata Steel
SBI
and many more…

 

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