Sai Ram Shares & Commodities: Analysis: Nifty (Fut) 7279.9 Follow 7050 SL For Positional Longs On Closing Basis

Om Vigneshwaraya Namah
Om Sriram
Om Sai ram
SAI RAM SHARES & COMMODITIES Head office
Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house 22B-2-1/1, 1st Floor
Eastern street Venkatarama power press road
ELURU - 534001 Power pet
Mobile: Rajesh: 9573399376 ELURU - 534002
1 Town Office: 221376 II Town office: 237326
SRKNIFTY
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.

For Private Client Circulation

Technical outlook for 20th May'14
Analysis: Nifty {Fut} 7279.9 Follow 7050 sl for positional longs on closing basis

Trading strategy Stop loss Target 1 Target 2 Target 3
Buy above or @ 7251 7218 7289 7299 7309
Sell below or @ 7309 7341 7271 7261 7251
Power buy above or @ 7339 7307 7375 7412
Power sell below or @ 7220 7253 7184 7148

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Bank Nifty {Fut} 15296.4 Follow 14153 sl for positional longs on closing basis

Buy above or @ 15222 15141 15321 15346 15371
Sell below or @ 15371 15451 15272 15247 15222
Power short below or @ 15146 15227 15071 14995

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx gold 28144, Positional traders can hold shorts with stop & reverse 28369 on closing basis

Buy above or @ 28091 28017 28180 28203 28225
Sell below or @ 28225 28299 28136 28113 28091

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx silver 40866, Positional traders can hold shorts with stop & reverse 41546 on closing basis

Buy above or @ 40702 40509 40944 41005 41066
Sell below or @41066 41259 40824 40763 40702
Power buy or @41249 41056 41455 41661
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx crude oil 19JUNE 2014 CONTRACT starts 6010, Bullish Engulfing Candle formed in daily charts,
Positional traders can hold shorts with stop & reverse 6016 on closing basis

Buy above or @ 5998 5977 6018 6023 6028
Sell below or @ 6028 6049 6008 6003 5998

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NATURAL GAS 263.3, Positional traders can hold shorts with stop & reverse 264.7 on closing basis

Buy above or @ 261.7 259.9 263.9 264.5 265.1
Sell below or @ 265.1 266.9 262.9 262.3 261.7
Power buy above or @ 266.9 265.1 268.2 269.5
Power sell below or @ 259.9 261.7 258.7 257.4

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx COPPER 412.05, Positional traders can hold shorts with stop & reverse 413.5 on closing basis

Buy above or @ 411.2 410.35 412.2 412.5 412.8
Sell below or @ 412.8 413.65 411.8 411.45 411.2

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NICKEL 1183.3, Positional traders can hold longs with stop & reverse 1161.3 on closing basis

Buy above or @ 1169.9 1155.1 1189.5 1194.4 1199.3
Sell below or @ 1199.3 1214.1 1179.7 1174.8 1169.9
Note: - Follow SL strictly and check weekly analysis for correct decisions for positional trades, there is a
risk of loss in trading

Om Sriram
Om Sai ram
SRKNIFTY


Weekly Analysis for the week 19th to 23rd May'14: TREND S&R

SPOT NIFTY {cmp 7263.55} BELOW 7209.8 IT WILL FIND SUPPORT 6856.1 - 6509.2 - 6155.5
ABOVE 7209.8 IT WILL FACE RESISTANCE 7556.7 - 7910.4 - 8527.3 BULLISH 7019

SPOT BANK NIFTY {cmp 15222.15} ABOVE 14798.68 IT WILL FACE RESISTANCE 15796.37 - 16739.73 - 17737.42
BELOW 14798.68 IT WILL FIND SUPPORT 13855.32 - 12857.63 - 11914.27 BULLISH 14068
MCX GOLD {CMP 28144} BELOW 28300 IT WILL FIND SUPPORT 27803 - 27517 - 27019
ABOVE 28300 IT WILL FACE RESISTANCE 27803 - 27517 - 27019 BEARISH 28369

MCX SILVER {CMP 40866} BELOW 41499 IT WILL FIND SUPPORT 40248 - 39604 - 38353
ABOVE 41499 IT WILL FACE RESISTANCE 42144 - 43395 - 44040 BEARISH 41546
MCX CRUDE {CMP 6010} BELOW 6017 IT WILL FIND SUPPORT 5924 - 5864 - 5771
ABOVE 6017 IT WILL FACE RESISTANCE 6076 - 6169 - 6229 BULLISH 6016
MCX NATURAL GAS {CMP 263.3} BELOW 261.9 IT WILL FIND SUPPORT 254 - 248 - 240
ABOVE 261.9 IT WILL FACE RESISTANCE 268 -276 - 282 BEARISH 264.7
MCX COPPER {CMP 412.05} BELOW 413.2 IT WILL FIND SUPPORT 406.3- 402.4 - 395.5
ABOVE 413.2 IT WILL FACE RESISTANCE 417.1 - 424 -427.9 BEARISH 413.5
MCX NICKEL {CMP 1183.3} ABOVE 1166.1 IT WILL FACE RESISTANCE 1231.5 - 1345.4 - 1410.8
BELOW 1166.1 IT WILL FIND SUPPORT 1052.2 - 986.8 - 872.9 BEARISH 1161.3

Om Sriram
Om Sai ram
SRKNIFTY


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
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on basis of this report.
SAI RAM SHARES & COMMODITIES
Branch: Head office:
7-D-43, Beside Shri Madupalli Mohana Gupta house 22B-2-1/1, 1st Floor
Eastern Street Venkatarama power press road
I Town Office: 221376 II town Office: 237326
Rajesh.Saladi
Technical Research Analyst
Email: Rajesh.saladielr2@gmail.com
For updates follow @ www.twitter.com/rajeshsaladi & www.facebook.com/srknifty

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