Last Four Days Nifty Future trading range between 7860 to 7940
Now NF trading at 7925…….
Closely watch on 7940………. if crossover the levels & stays above 15 minutes
We see FIRE WORK on the card………. up to 7980
There after huge short covering will be expected!!!!
Are you Risky ??? can do ???
More update to our clients only
Updated : 01.48pm / 22nd Aug’14
Above is Bank of Baroda six month Intraday chart….. click above chart to enlarge
BankBaroda Fibonacci Retracements 76.4% level at 920
Means Strong breakout level 920……….
If sustains above the level will check 935 & 950………
Shortly will kiss 1000++
Now our clients hold 920ce at 17.50
Updated : 11.09am / 22nd Aug’14
NIFTY FUTURE Closed : 7903
Yesterday Nifty Future made a high of 7937 then slide up to 7867
Again Bounced to 7903 levels….
We have not given any Recommend of NF on Yesterday
Trend is not clear……….
FII’s figure was little bit selling around 150cr in Index future
Nifty Future Range 7940 & 7860
Closely watch above levels……….
Today also NF facing Resistance 7940…….. if crossover the levels with volumes
Then will move up to 7980 & 8025 levels………
Suppose if not breaks 7940………. and Trade below 7860
Panic selling will be expected up to 7820 levels
101% Live market update to our clients only…….
Updated : 09.01am / 22nd Aug’14
Banknifty Future closed : 15671
BANKNIFTY future strong hurdle around 15750
Once if stays above the level……….. will move up to 15850 & 16000++
Today’s supports 15520 & 15400 levels
Decline to buying side only!!!
More live market update to our clients only
BANKBARODA Strong breakout level 920
Once if stays above the level
Will move 930 & 942 levels……..
YESBANK Yesterday written Strong Resistance 588 around
Again Headed 589 levels……. then slide 575
Higher stay caution……. If any shorts keep stop-loss 589
Updated : 09.00am / 22nd Aug’14
DIVISLAB Strong Breakout level at 1555
Once If crossover the levels……….
We see Rally up to 1570, 1585 levels
Catch if you can!!!
RECLTD Strong support around 276
Decline to buy with stop of 276………
Expected Target 290 & 295
TITAN facing Resistance 373 & 378 levels
Lower level can buy around 360 to 363
Use stop-loss 355 & Hold for Targets
Time frame 1 – 2 days
MRF now near by Strong Breakout level
Today once if Breaks the level
Rally will be expected upto 500 to 1000 points from our alert!!!
Clients Special call!!!!
XXXX BUY ABOVE 188 TARGET 192,195
Clients special call……….
( Yesterday’s Guess call : Not activated )
Updated : 08.59am / 22nd Aug’14
Gold held near a two-month low on Friday and was headed for its sharpest weekly drop in nearly three months, hurt by strong U.S. economic data and fears that the Federal Reserve could hike interest rates sooner than expected.
Spot gold was little changed at $1,277.69 an ounce by 0030 GMT, near a two-month low of $1,273.06 hit on Thursday, when it fell for a fifth straight session. The metal is down 2.05 percent for the week, its biggest drop since the week ended May 30.
Bullion was hit hard after minutes from the Fed’s July meeting on Wednesday showed policymakers debated whether interest rates should be raised earlier given a surprisingly strong job market recovery. Thursday data showing U.S. home resales raced to a 10-month high in July and the number of Americans filing new claims for jobless benefits fell last week signalled strength in the economy, dulling gold’s appeal as a safe-haven. Investors fear strong data would prompt the Fed to soon raise interest rates.
Higher rates would hurt non-interest bearing assets such as gold. Markets are eyeing Fed Chair Janet Yellen’s speech at the annual gathering of central bankers in Jackson Hole, Wyoming later in the day. CME Group said it has lowered initial margins for COMEX 100 gold futures by 14.8 percent to $5,060 per contract from $5,940. Geopolitical tensions in Ukraine and the Middle East were being watched for any escalation in violence that could prompt safe-haven bids for gold.
The dollar hovered just below its 2014 peak against a basket of major currencies early on Friday, with bulls turning cautious ahead of a speech by Yellen.