Download
1 / 8
80 likes | 99 Views
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Trade India Research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
E N D
11/04/2018 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
11/04/2018 Market Update (Energy): Crude oil may witness some profit booking after the recent rally as investors will eye the crude oil inventories data later today. Crude oil can face resistance near 4270 and can test 4200 in MCX. Oil prices on Wednesday eased away from 2014 highs reached the previous session as escalating Middle East tensions were offset by increasing inventories and production in the United States. Market Metals): Base metals complex may witness profit booking at higher levels as China Consumer inflation eased in the previous month as the effects of booming demand spurred by the Lunar New Year holiday in February receded, official data showed on Wednesday. China's factory-gate inflation has now softened for five months in a row, supporting the view that a slowdown in the world's second largest economy is inevitable, weighed down by the cooling property market and rising borrowing costs. Market Update (Bullions): Update (Base Bullion counter may trade on sideways path as profit booking at higher levels can be seen .Investors will focus on the release of FOMC minutes later today. On domestic bourses gold can face resistance near 31000 in MCX and can take support near 30650.Meanwhile silver can face resistance near 38850 and can take support near 38400. Chinese President Xi Jinping promised on Tuesday to open the country's economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
11/04/2018 TECHNICAL ANALYST GOLD GOLD OUTLOOK: TREND: - DOWN RESISTANCE: - 31050, 31150. SUPPORT: - 30850, 30750. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Gold daily chart has formed “Rising wedge” pattern. The last few sessions ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue in bearish momentum by retesting a key resistance holding at 30950. The downside rally could test all the way through 30850-30700 levels in the upcoming sessions. Alternatively, if the market breaks above the key resistance then it might continue in bullish momentum. The upside rally could test 31000-31050 levels. Key support holds at 30700. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
11/04/2018 OUTLOOK: SILVER SILVER TREND: - DOWN RESISTANCE: - 38900, 39100. SUPPORT: - 38500, 38300. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Silver daily chart has formed “Symmetrical triangle” pattern. The last few sessions ended up bullish in trend near the channel’s resistance slope line. The market is expected to retest the key resistance holding at 38800 and turn bearish. The downside rally could test all the way through 38650-38500 levels in the upcoming sessions. Alternatively, if the market breaks above the key resistance then it might continue in bullish once again. The upside rally could test 39000-39150 levels. Key support holds at 38500. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
11/04/2018 COPPER COPPER OUTLOOK: TREND: - DOWN RESISTANCE: - 451.50,454. SUPPORT: -446.50, 444. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Copper daily chart has formed “Descending broadening wedge” pattern along with the “Triple bottom pattern”. The last few sessions ended up bullish in trend after consolidation. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 452. The upside rally could extend all the way through 455-458 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 448-445 levels. Key support holds at 445. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
11/04/2018 CRUDE CRUDE OIL OIL OUTLOOK: TREND: - DOWN RESISTANCE: - 4280, 4310. SUPPORT: - 4220, 4080. STRATEGY: BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Crude oil daily chart has formed “Ascending triangle” pattern. The last session ended up bullish in trend near the channel’s horizontal resistance line. The market is expected to retest the major resistance holding at 4280 and turn bearish. The downside rally could test all the way through 4240-4180-4150 levels in the upcoming sessions. Alternatively, if the market breaks above the key resistance then it might continue in bullish momentum. The upside rally could test 4300-4340 levels. Key support holds at 4150. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
11/04/2018 DISCLAIMER DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Trade India Research Recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Trade India Research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Trade India Research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
11/04/2018 We, however, do not Touch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Trade India Research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free: 9009010900
