OUTLOOK FOR COMMODITY FOR 29th 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 daysWILL 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 above 28250 gold will be highly bulish for target 29000
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 for intraweek 43500-43800 WILL BE THE BEST ENTRY ZONE FOR LONG TERM TARGET 64000
Bullish on copper if it trades above 438. For the target of 440 AND 445
WEEKLY bullish on copper only above437
Sell copper around 434-435 with 437.1 as stoploss for target 422
Nickel should be sold for target 1080...very bearish till it tardes below 1143 and intraweek below 1115 sell nickel
NATURAL GAS CMP:237.8
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.
Intraweek strong support for natural gas around 218-215 zone buy in this zone with 212 as stoploss
ZINC TILL THE TIME TRADES ABOVE 140 IT CAN HEAD FOR TARGET 170. Zinc is going in right direction can be bought above 139
Intraweek bullish on zinc above 144 a small resistance around 146.5 and then 150....dont sell zinc only buy buy buy
Intraweek buying can be done in lead above 135 for target 155
CRUDE best support around 5950. If trades below 5950 we expect crude to fall till 5750-5720.
And if trades above 5950 we are bullish....crude has strong support at 6080-6070....if broken then only think of bearishness else heading for target 6280
OUTLOOK FOR Equity for 29th July
ALL THE RATES ARE WITH RESPECT TO SPOT PRICE.
Book 50 % profit in all initiated call at the distance of stoploss
Be bullish in the market only if nifty trades above 7850......nifty can head for target 7450 and 7100 in coming days
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: 15162
BANK NIFTY SHALL FACE RESISTANT AT 15400-15500
Intraweek if nifty trades below 15300 be bearish for target 14800 and 14450 ....be bullish in banknifty above 15700 only
Reliance CMP: 1005
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 achived target ..now reliance if not broken 940 it will bounced and head for 1060
SBI CMP: 2490
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....
Current week be bullish on sbin only above 2580 else heading for target 2380
Tata Steel CMP: 548.5
TATASTEEL do mandi only if it trades below 550 for target 480 in coming days.....for entire week tatasteel is sell on rise 550 broken
DLF CMP: 194
Dlf for current week can head for target 187-185.....very bearish below 200 185-187 good buying zone for dlf
Rel cap CMP: 568
Relcap for current week best selling zone is590-593 with 600 as stoploss for target 510-515 in coming days