SILVER

POSTIONAL SELL SILVER AT 56800  WITH STOPLOSS OF 57222 TARGET 55800 54800 53800 51600
WANT TO NO BIG TARGETS THEN JOIN US

GOLD

GOLD: Faces Further Downside Risk.

GOLD: Our outlook in the near term remains lower as long as Gold continues to hold and trade below 1,790.20 level. This leaves the possibility of further declines towards the 1,601.10 level. We may see a respite here but if that fails to occur, further declines could follow towards the 1,522.55 level, its Dec 2011 low. A break of here will open the door for further weakness towards its psycho level at 1,500.00. Its weekly RSI is bearish and pointing lower supporting this view.  Alternatively, the commodity will have to return above the 1,714.35 level to open further upside towards the 1,802.75 level, its Nov’2011 high and possibly higher towards the 1,84 outlook on Gold 50 level. All in all, Gold continues to hold on to its nearer term downside bias.

ADITYABIRLA NUVO LTD

BUY

ADITYA BIRLA NUVO LTD.

CMP-975

TARGET-??? IN 6-10 MONTHS.

TARGET-???  IN 2-3 YEARS.

Get Complete research Report and updates with Targets and Duration

SILVER

SILVER TARDES BELOW 56800 WEAK SO WE BOOKED 1000 POINTS INSILVER YESTERDAY

GOODMORNING

A MONDAY STOP TO RECOUP, REVITALIZE, AND REASSESS YOUR STRATEGY:

MARKET today will open flat to negative and remain choppy in the first half and become volatile in the second half. It will face technical resistance at 5300, 5335 and support at 5240, 5200.
The following are the cues to help you in trade today.
NIFTY RANGE of today: 5240-5335.
US & European markets closed mild positive.
Asian markets opened mixed.
SGX nifty is down 31 points at 8 am.
Dollar index is at 79.37.
Gold is at $1664 and crude at $106.75.
London future is up 10 points at 8 am.
Dow future is up 37 points at 8 am.
FREE CALL of the day:
BUY DEEP IND CMP 62 STOP 59 TARGET 48.

NIFTY LEVLS

SIMPLE MOVING AVERAGE

10 DAYS COMES TO 5335

20 DAYS COMES TO 5326

30 DAYS COMES TO 5378

50 DAYS COMES TO 5281

100 DAYS COMES TO 5074

200 DAYS COMES TO 5156

EXPONENTIAL MOVING AVERAGE

10 DAYS COMES TO 5310

20 DAYS COMES TO 5324

30 DAYS COMES TO 5311

50 DAYS COMES TO 5257

100 DAYS COMES TO 5180

200 DAYS COMES TO 5189

WEIGHTED MOVING AVERAGE

10 DAYS COMES TO 5308

20 DAYS COMES TO 5319

30 DAYS COMES TO 5343

50 DAYS COMES TO 5341

100 DAYS COMES TO 5171

200 DAYS COMES TO 5111

NTPC

NTPC DAY CHART