OUTLOOK FOR COMMODITY FOR 23rd July
Outlook for current week will be teji till it trades above 28600.GOLD FOR ENTIRE YEAR WE ARE VERY BULLISH FOR TARGET 36000
Gold, for coming days, will BE HEADING TOWARDS 29000.....JUST REMEMBER THE DAY GOLD TRADES ABOVE 29100....JUST BE HEAVILY BULLISH....GOOD JUMP IN ONE DAY WILL BE OBSERVE IN GOLD
Intraweek if gold trades below 27990 gold can head towards 27400-27450....very good zone to take long position
Today if gold tardes above 27931 than be on buying side for the target of 28050.
We are very bullish on silver target for 64000. Exact Entry and timing please join our subscription.
Silver is bullish for coming month till trades above 41500. It is heading for target 48000.
INTRAWEEK BULLISH ON SILVER ONLY IF TRADES ABOVE 45600. It can see the level of 48000
ANY DIP AROUND 42500-43000 WILL BE THE BEST ENTRY ZONE FOR LONG TERM TARGET 64000
For intraday above 45100 for target of 45350
Bullish on copper if it trades above 438. For the target of 440 AND 445
WEEKLY if trades below 424 sell copper for target of 418 with the stoploss of 432.1
Buy copper above 429.85 for target of 431 & 434
Nickel should be sold for target 1080...very bearish till it trades below 1143 and intraweek below 1115 sell nickel.
For intraday it is trading on buy side and above 1144 should be traded to see the levels of 1155 & 1170.
NATURAL GAS CMP:228.9
Intraweek natural gas has best support around 245-248 AND THEN 237 FOR TARGET 290....NATURAL GAS HAS A FORMATION WHICH SHOWS IN NEAR TERM THERE IS HIGH PROBABILITY FOR NATURAL GAS TO COME TO 170-150 ZONE......IF NAT GAS BREAKS 235......HEAVY SELLING PRESSURE.
Today sell natural gas below 228 till 225 & 222. Stoploss can be maintained of 231.1
ZINC TILL THE TIME TRADES ABOVE 140. IT CAN HEAD FOR TARGET 170. Zinc is going in right direction can be bought above 139. Keep buying today as well above 142.5
Intraweek buying can be done in lead above 132 for target 155. It is a buy trade above 132.85 for 133.8
CRUDE has best support around 5950. If trades below 5950 we expect crude to fall till 5750-5720.ON CHART CRUDE IS VERY BEARISH. Crude needs to be bought above 6280
Crude if trades above 6203 then buy. If it tardes below 6152 then it is going to be weakand should be stayed away for trading.
OUTLOOK FOR Equity for 23rd July
ALL THE RATES ARE WITH RESPECT TO SPOT PRICE.
Book 50 % profit in all initiated call at the distance of stoploss
Nifty id trades below 7420 for entire week any bounce is to sell......market as told will be in bearish mode from 15 th july to 15 nov...any bounce is opportunity to sell
7644-7670 is best selling zone for current week
Pressure period for nifty is 15 th july to 15 november
Always Make your trade no profit no loss by booking 50 % at distance equal to stoploss and for remaining wait for the targets.
INVEST YOUR MONEY IN PENNY IN LEARNING IF YOU WANT TO BE ACE TRADER AND FIND THE PATH OF FINANCIAL FREEDOM
Bank Nifty CMP: 14447
BANK NIFTY SHALL FACE RESISTANT AT 15700-15800
Intraweek if nifty trades below 15300 be bearish for target 14800 and 14450 ....banknifty achived its target now if banknifty trades below 14200 it will be heading for 13400....be in mandi only if 14200 breaks
Reliance CMP: 966
RELIANCE will find the best support around 960-980 .Buy around this level with 929 as stoploss... for current week if reliance trades below 1060 it will be heading towards 960-980...as expected reliance achieved target ..now reliance if not broken 940 it will bounced and head for 1060
SBI CMP: 2425
Intraweek sbin be in bearish mood below 2730.....sbin will be heading for target 2450....last week target achived..now a bounce is not rules out if 2389 not broken sbin will be heading for 2549
Tata Steel CMP: 501.9
TATASTEEL do mandi only if it trades below 496 for target 455 in coming days......tatastell at very crucial level if 496 not broken a bounced from the current level is not ruled out but if tatasteel trades below 496...entire week sell on rise
DLF CMP: 209.35
Dlf for current week can head for target 225-230.....till the time it trades above 199.5 on spot.The best zone to enter in dlf is 202-205 with 198.4 as stoploss........
Rel cap CMP: 560
Relcap for current week best selling zone is578-582 with 587 as stoploss for target 510-515