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SATCO CAPITAL MARKET LTD. PowerPoint Presentation
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SATCO CAPITAL MARKET LTD.

SATCO CAPITAL MARKET LTD.

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SATCO CAPITAL MARKET LTD.

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  1. Technical Desk Daily Market Update. SATCO CAPITAL MARKET LTD.

  2. Nse Index • Markets are expected to be range bound in near term with high volatility. Best trading strategy would be sell near resistance and buy near support until it gives a clear trend. • Intraday Resistance : 4886 / 4901 / 4926 / 4967 • Intraday Support : 4835 / 4820 / 4795 / 4755

  3. Bank Nifty Index • Range bound on charts ; expect index to be volatile… • Intraday Resistance : 9332 / 9372 / 9435 / 9538 • Intraday Support : 9205 / 9166 / 9102 / 9000

  4. GOLD • Gold is very close to its stiff resistance levels (29293) as near term trend is down best trading strategy would be sell at CMP with a strict stoploss of 29293. • Intraday Resistance : 29178 / 29231 / 29293 / 29314 • Intraday Support : 29006 / 28953 / 28870 / 28830

  5. SILVER • Near term trend is down; therefore strategy still remains the same. • Best trading Strategy: Sell on rise…. • Intraday Resistance : 54686 / 54868 / 55155 / 55338 • Intraday Support : 54098 / 53916 / 53630 / 53190

  6. CRUDE OIL - COMMODITY • Trend is down on charts; expect a technical bounce in near term whereas strong support is expected at 4920 & strong resistance is at 5224. • Trading Strategy: Buy at dips… • Intraday Resistance : 5146 / 5154 / 5166 / 5187 • Intraday Support : 5120 / 5112 / 5100 / 5080

  7. USD/INR • Trend is up on charts, however slightly over bought on charts, expect a technical correction… • Intraday Resistance : 55.58 / 55.70 / 55.89 / 56.20 • Intraday Support : 55.20 / 55.08 / 54.89 / 54.58

  8. S&P 500 - AMERICA • As expected a technical bounce in near term has been patterned on charts. Best trading strategy would still be buy at dips with a strict stoploss of 1290 as per closing basis…

  9. Monday – Friday Trading Strategy.

  10. Mon-Fri status M2M