Download as pdf or txt
Download as pdf or txt
You are on page 1of 10

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 2nd May'14

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Nifty {Fut} 6726.45 Follow 6788 sl for positional shorts on closing basis

Trading strategy Buy above or @ 6689 Sell below or @ 6764 Power buy above or @ 6803 Power sell below or @ 6650

Stop loss 6648 6805 6762 6691

Target 1 6739 6714 6836 6617

Target 2 6751 6702 6870 6584

Target 3 6764 6689

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Bank Nifty {Fut} 12936.05 positional traders can hold longs with stop & reverse 12965 on closing basis

Trading strategy Buy above or @ 12828 Sell below or @13044 Power buy above or @ 13153 Power short below or @ 12719

Stop loss 12714 13158 13039 12833

Target 1 12972 12901 13218 12656

Target 2 13008 12864 13284 12592

Target 3 13044 12828

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx gold 28580 positional traders can hold shorts with stop & reverse 28730 on closing basis

Trading strategy Buy above or @ 28583 Sell below or @ 28613 Power buy above or @ 28629 Power sell below or @ 28567

Stop loss 28562 28634 28608 28588

Target 1 28603 28593 28772 28425

Target 2 28608 28588 28958 28282

Target 3 28613 28583

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx silver 5th Jul' 14 contract 41534 Positional traders can hold shorts with stop & reverse 42636 on closing basis

Trading strategy Buy above or @ 41356 Sell below or @41776 Power buy or @41987 Power sell below or @ 41145

Stop loss 41135 41996 41766 41366

Target 1 41636 41496 42196 40940

Target 2 41706 41426 42406 40734

Target 3 41776 41356

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx crude oil 5999 Bullish Doji star candle formed in daily charts, Positional traders can hold shorts with stop & reverse 6118 on closing basis

Trading strategy Buy above or @ 5976 Sell below or @ 6010 Power buy above or @ 6028 Power sell below or @ 5958

Stop loss 5953 6033 6005 5981

Target 1 5998 5988 6058 5929

Target 2 6004 5982 6088 5899

Target 3 6010 5976

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx NATURAL GAS 286 Bearish harami cross candle formed in daily charts, Positional traders can hold shorts with stop & reverse 287.9 on closing basis

Trading strategy Buy above or @ 284.6 Sell below or @ 288 Power buy above or @ 289.8 Power sell below or @ 282.8

Stop loss 282.8 289.7 288 284.6

Target 1 286.8 285.8 291.2 281.4

Target 2 287.4 285.2 292.6 280

Target 3 288 284.6

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx COPPER 30JUNE 2014 CONTRACT 406.95 Bullish harami cross candle formed in daily charts, Positional traders can hold shorts with stop & reverse 410.5 on closing basis

Trading strategy Buy above or @ 406.5 Sell below or @ 407.8 Power buy above or @ 408.6 Power sell below or @ 405.7

Stop loss 405.7 408.6 407.8 406.5

Target 1 407.3 407 410.6 403.7

Target 2 407.6 406.7 412.6 401.7

Target 3 407.8 406.5

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx NICKEL 30 JUNE 2014 CONTRACT 1108.1 Positional traders can hold shorts with stop & reverse 1101.2 on closing basis

Trading strategy Buy above or @ 1104.5 Sell below or @ 1113.3 Power buy above or @ 1117.8 Power sell below or @ 1100

Stop loss 1100 1117.8 1113.3 1104.5

Target 1 1110.3 1107.5 1123.3 1094.5

Target 2 1111.8 1106 1128.9 1089

Target 3 1113.3 1104.5

Note: - Follow SL strictly and check weekly analysis for correct decisions for positional trades, there is a risk of loss in trading

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Weekly Analysis for the week 28th Apr to 2nd May'14:

TREND

S&R

SPOT NIFTY {cmp 6715.25} BELOW 6808.48 IT WILL FIND SUPPORT 6747.12 - 6711.48 - 6650.1 ABOVE 6808.48 IT WILL FACE RESISTANCE 6844.12 - 6905.48 - 6941.12 BEARISH 6761

SPOT BANK NIFTY {cmp 12910.55} BELOW 13047.32 IT WILL FIND SUPPORT 12826.03 - 12617.57 - 12396.28 ABOVE 13047.32 IT WILL FACE RESISTANCE 13255.78 - 13477.07 - 13685.53 MCX GOLD {CMP 28580 } BELOW 28718 IT WILL FIND SUPPORT 28470 - 28035 - 27787 ABOVE 28718 IT WILL FACE RESISTANCE 29152 - 29400 - 29835 MCX SILVER {CMP 41534} BELOW 42419 IT WILL FIND SUPPORT 41948 - 41289 - 40818 ABOVE 42419 IT WILL FACE RESISTANCE 43078 - 43549 - 44208 MCX CRUDE {CMP 5999} BELOW 6192 IT WILL FIND SUPPORT 6064 - 5997 - 5869 ABOVE 6192 IT WILL FACE RESISTANCE 6259 - 6387 - 6454 MCX NATURAL GAS {CMP 286} BELOW 286.8 IT WILL FIND SUPPORT 281.3 - 277.5 - 272 ABOVE 286.8 IT WILL FACE RESISTANCE 290.5 -296- 299.8 MCX COPPER {CMP 406.95} BELOW 415.6 IT WILL FIND SUPPORT 408.4- 398.4 - 391.2 ABOVE 415.6 IT WILL FACE RESISTANCE 425.4 - 432.6 -442.6 MCX NICKEL {CMP 1108.1} BELOW 1107.5 IT WILL FIND SUPPORT 1085.1 - 1051.7 - 1029.3 ABOVE 1107.5 IT WILL FACE RESISTANCE 1140.8 - 1163.2 - 1196.6 BEARISH 1101 BEARISH 410.5 BEARISH 287.9 BEARISH 6118 BEARISH 41930 BEARISH 28730 BEARISH 12886

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.

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

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

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.

SAI RAM SHARES & COMMODITIES


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.

You might also like