Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone. – Sigmund Freud
Nifty closed up 7.50 points at 5685.40 while Nifty futures closed at 5723.60, a premium of 38.20 points. FIIs bought in Cash, net buy 33.35 Crore while DIIs sold in Cash, net sell 303.13 Crore. FIIs sold in Index future, Index Option but bought in Stock future, net sell 732.37 Crore.
yes, We told yesterday that if Nifty future closing below 5700 will be problematic. we gave support at this level 5719-5694 and NF made the low of 5695.55
what for today.?
Today nifty future will open below yesterday’s low or around 30-40 point down. As NF goes down, we will get Support near 5678-5694 .and up move will take it up to 5774-5800.
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Let’s start with silver, I said “intraday traders don’t worry. Go and sell it today. Keep in mind, opening bell role is very important here. Short-term targets: 41,730-41,482“ Silver all intraday targets blast, enjoy!
You know, when subscribers sold? I said by SMS, “SELL MCX SILVER @ CMP 41960 S/L 42060 TARGETS: 41730-41482 RISK 100 AND PROFIT 500+”
What I said about Crude oil? I told you, “Look MCX Crude oil, are you able to look any chances to move upside huh? I don’t need to write more about it yes but stoploss is very important here. I will say it to subscribers. Intact targets: 6474-6410“ Crude oil kissed first target, enjoy! What you think now, it will touch second or not? For to know it, subscribe our commodity service.
I also gave you alert about Copper. “if any person say you to buy copper at this level then don’t be fool. One hint is enough for a wise person.“ As I expect, copper was gone down and closed downwardly.
Note: I also written about cotton and by bold word, I said to buy it but our bad luck because it kissed all targets in one trading session. As well as, Natural gas also on the way to kiss our targets!
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Last Close:5705Investing Quote… “The Tape Reader’s profits should develop naturally. He should buy or sell because it is the thing to do – not because he wants to make a profit or fears to make a loss.” ~ Richard D. Wyckoff
Nifty closed down 49.95 points at 5677.90 while Nifty futures closed at 5705.55, a premium of 27.65 points. FIIs bought in Cash, net buy 283.79 Crore while DIIs sold in Cash, net sell 340.60 Crore. FIIs bought in Index Option, Stock future but sold in Index future, net buy 771.35 Crore.
I think it’s now time to start to looking for a possible top, a top that might surprise many bulls.
Ideally a small deep is seen on Monday then a rally and if close in green in next 1-2 days will take rally up to 5860-5900.
The negatives are:
Closing below 5700 will problematic for Nifty Future.
What For Today
Nifty is trading now at its crucial support . Technically in chart , Today Nifty Future feel strong support at 5719-5694 .
and if sustain above 5760 then rally will up to 5782 and above 5782 it is possibility for the up move up to 5830.
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See above MCX Silver chart, big boom is near. Oh yes, intraday traders don’t worry. Go and sell it today. Keep in mind, opening bell role is very important here. Short-term targets:41,730-41,482 Don’t forget, big boom is very near. Where, Upside or Downside? For to know it, you need to subscribe our service. Remember, bullion market is very risky. Take some expert advice and make safe trade.
MCX Gold trend is changed. From where to where? I will inform to subscribers only!
Look MCX Crude oil, are you able to look any chances to move upside huh? I don’t need to write more about it yes but stoploss is very important here. I will say it to subscribers. Intact targets: 6474-6410
Click (to enlarge) on Natural gas chart for view perfect prediction…
I am not here to guide you any target, stoploss or trend but just want to say you… if any person say you to buy copper at this level then don’t be fool. “One hint is enough for a wise person.”
Cotton is looking very good. I think, we should to buy it but once it close above 20129 level then no worry @ all. Targets: 20212 – 20260 – 20320 – 20400+ Oh yes, if it will not close above 20129 level in 3 trading session then it will come back and touch 19948 – 19808 – 19684 below…
Below is updated Nickel, CPO… Do you want to read full newsletter? subscribe to our free newsletter services. Our service is free for all.
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