Sai Ram Shares & Commodities

Om Vigneshwaraya Namah Om Sriram Om Sai ram
SAI RAM SHARES & COMMODITIES

Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376 Technical outlook for 4th Apr'14
Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326
Analysis: Nifty {Fut} 6768.45 Bearish Engulfing candle formed in daily charts, Should close above 6760 for being bullish for next week, follow SL @ 6667 sl for positional longs
Trading strategy Buy above or @ 6751 Sell below or @ 6785 Power buy above or @ 6804 Power sell below or @ 6733
Stop loss 6731 6806 6783 6753
Target 1 6774 6763 6838 6700
Target 2 6780 6757 6872 6666
Target 3 6785 6751
SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376
Analysis: Bank Nifty {Fut} 12662.15 Turned Beairsh in daily charts from 1.4.14, Should close above 12724 for being bullish for next week, Follow sl @ 12520 for positional longs
Trading strategy Buy above or @ 12601 Sell below or @12724 Power buy above or @ 12786 Power short below or @ 12538
Stop loss 12530 12790 12715 12610
Target 1 12682 12642 12849 12476
Target 2 12703 12621 12913 12413
Target 3 12724 12601

Analysis: Mcx gold 5th june 2014 contract 28132 should close above 28092 approximately for being bullish for next week, Accumulation happened on yesterday also
Stop loss 28005 28285 28200 28085
Target 1 28165 28123 28415 27874
Target 2 28187 28101 28557 27734
Target 3 28208 28080

Analysis: Mcx silver 43021 Bearish spinning top candle formed in daily charts and Bullish harami closing candle in hourly charts suggesting indecisiveness in yesterday trade, should close above 43000 approximately for being bullish for next week
Trading strategy Buy above or @ 42832 Sell below or @43218 Power buy or @43413 Power sell below or @42637
Stop loss 42630 43420 43210 42840
Target 1 43089 42961 43630 42424
Target 2 43154 42896 43847 42211
Target 3 43218 42832

Analysis: Mcx crude oil 6058 Bullish Morning doji star candle formed in daily charts & bullish hammer forming in weekly charts, should close above 6045 approximately for being bullish for next week, daily chart turned bullish already in yesterday trade as told
Stop loss 6001 6115 6078 6037
Target 1 6066 6050 6140 5976
Target 2 6075 6041 6171 5946
Target 3 6083 6033
Note: - Follow SL strictly and check weekly analysis for correct decisions for positional trades, there is a risk of loss in trading

Weekly Analysis for the week 31st Mar to to 4th Apr'14:
TREND
S&R
SPOT NIFTY {cmp 6736.1} ABOVE 6636.33 IT WILL FACE RESISTANCE 6762.17 - 6828.43 - 6954.27 BELOW 6636.33 IT WILL FIND SUPPORT 6570.07 -6444.23 - 6377.97 should close above 6724 BULLISH 6638
SPOT BANK NIFTY {cmp 125563.85} ABOVE 12558.95 IT WILL FACE RESISTANCE 12983.25 - 13211.8 - 13636.1 BELOW 12558.95 IT WILL FIND SUPPORT 12330.4 - 11906.1 - 11677.55 should close above 12645 BULLISH 12460
MCX GOLD {CMP 28132 JUNE} BELOW 28733 IT WILL FIND SUPPORT 27766 - 27152 - 26185 ABOVE 28733 IT WILL FACE RESISTANCE 29347 - 30314 - 30928 should close above 28092
BEARISH 28210
MCX SILVER {CMP 43021} BELOW 43226 IT WILL FIND SUPPORT 41943 - 41127 - 39845 ABOVE 43226 IT WILL FACE RESISTANCE 44042 - 45325 - 46141 should close above 43000
BULLISH 43123
MCX CRUDE {CMP 6058} BELOW 6086 IT WILL FIND SUPPORT 6024 - 5932 -5870 ABOVE 6086 IT WILL FACE RESISTANCE 6177 - 6239 - 6331 should close above 6044 BULLISH 6048

Analyst Certification:The following analyst(s), who is (are) primarily responsible for this report, certifies that the opinion(s) on the subject security (ies) and any other views or forecasts expressed herein accurately reflect his/her personal view(s) about the subject company or companies and its or their securities, and that no part of his compensation was, is or will be directly indirectly related to the specific recommendations or views contained in this research report. Opinions expressed are his current opinions as of the date appearing on this material only. The analyst(s) of this report personally is not holding any stock position for the recommended stocks.
Disclaimer: This document is not for public distribution and has been furnished to you solely for your information and must
not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action. Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. SAIRAM SHARES & COMMODITIES, its directors, analysts or employees do not take any responsibility, financial or otherwise, of the losses or the damages sustained due to the investments made or any action taken on basis of this report.

Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 I Town Office: 221376 Head office: 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II town Office: 237326
Email: saladi_elr2@yahoo.com
Rajesh.Saladi
Technical Research Analyst Email: Rajesh.saladielr2@gmail.com For updates follow @ www.twitter.com/rajeshsaladi & www.facebook.com/srknifty SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

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Om Vigneshwaraya Namah Om Sriram Om Sai ram