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Technical Desk Daily Market Update. SATCO CAPITAL MARKET LTD. Nse Index. Short term trend is down Technical bounce expected …. Trading Strategy: Buy on dips Intraday Resistance : 4869 / 4876 / 4886 / 4903 Intraday Support : 4848 / 4840 / 4830 / 4800. Bank Nifty Index.
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Technical Desk Daily Market Update. SATCO CAPITAL MARKET LTD.
Nse Index • Short term trend is down Technical bounce expected …. • Trading Strategy: Buy on dips • Intraday Resistance : 4869 / 4876 / 4886 / 4903 • Intraday Support : 4848 / 4840 / 4830 / 4800
Bank Nifty Index • Short term trend is down Technical bounce expected …. • Trading Strategy: Buy on dips • Intraday Resistance : 9202 / 9264 / 9300 / 9345 • Intraday Support : 9126 / 9100 / 9065 / 9000
GOLD • Near term trend would still be down; technical bounce could be expected….. • Trading Strategy : Buy on dips… • Intraday Resistance : 28042 / 28091 / 28169 / 28300 • Intraday Support : 27882 / 27833 / 27755 / 27624
SILVER • Near term trend is down; however expect a technical bounce… • Best trading Strategy: Buy on dip with a stoploss of 51180…. • Intraday Resistance : 52011 / 52291 / 52732 / 53476 • Intraday Support : 51107 / 50827 / 50386 / 49642
CRUDE OIL - COMMODITY • Trend is down on charts whereas strong support is expected at 4920. • Trading Strategy: Sell on rise • Intraday Resistance : 5076 / 5093 / 5120 / 5165 • Intraday Support : 5020 / 5003 / 4976 / 4931
USD/INR • Trend is up on charts, Buy on dips • Intraday Resistance : 54.60 / 54.68 / 54.80 / 55.00 • Intraday Support : 54.37 / 54.30 / 54.18 / 53.95
S&P 500 - AMERICA • Near term trend is negative on charts, whereas strong support is expected at 1300. Best trading strategy would be to sell or rise…