OUTLOOK FOR COMMODITY FOR 29 June week
Gold is in strong support around 26300-26400. Keeping stoploss of 26199, can go long for target of 27500
Silver will be good for buying only above 36900 for intraweek. Be cautious only below 36200. We are positive in silver for the target of 38200
Copper has very good support around 355. If it trades around 355 with stoploss of 352, it can head towards 390. Below 350 it will be heading towards 302 & 290 zone.
Nickel is in great buying zone between 790 to 800 zone for expected target of 960.
174 - 175 is good zone to buy natural gas With stoploss of 164 and target of 220 (short term view)
Zinc is bearish below 124. 126-127 is great buying zone for target of 135 & 150.
Lead has strong support around 110-111 zone. Expect bounce around this zone for target of 124. Maintain stoploss of 105.
If 3830 broken, it will head towards 4060. And downside below 3726 crude shall come around 3620-3630 zone
OUTLOOK FOR Equity for 29 June week
ALL THE RATES ARE WITH RESPECT TO SPOT PRICE.
Book 50 % profit in all initiated call at the distance of stoploss
For current week if nifty doesn't cross 8410 then we are heavily bearish for target of 7860. Sell on rise should be the strategy for nifty.
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
Bearish in Bank nifty with stoploss of 18550 for target of 17400
It is heading for target of 1150 for short term view and 1650 for medium term view. Reliance will be weak only below 890 zone.
SBI is For current week bullish only above 271. 262 -264 is good selling zone for target of 255.& 245
It has stoploss of 228 level. On upside if bhel trades above 243, it can head for target of 265, intraweek
Bullish on relinfra above 372 for target of 405 for current week.
we are bullish above 1820, 1790-1800 is good zone for selling for the target of 1680
Gammon india CMP: 36
ACCUMULATE GAMMON INDIA BETWEEN 30-35 FOR SHORT TERM TARGET OF 64 AND 3 YEARS TARGET 270
Archies CMP: 30
ACCUMULATE archies between 30-32 for target of 90 in next 2 years