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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 • Near term trend is up, however it is still very close to its resistance levels of 5060. Today expect markets to be in range & high volatility… • Intraday Resistance : 5060 / 5070 / 5082 / 5100 • Intraday Support : 5037 / 5020 / 5000 / 4980

  3. Bank Nifty Index • Near term trend is positive; whereas strong resistance is expected at 10000. Best trading strategy would be buy at dips…. • Intraday Resistance : 10000 / 10022 / 10069 / 10140 • Intraday Support : 9910 / 9880 / 9835 / 9765

  4. GOLD • Pattern on charts indicates that selling pressure would be witnessed on rise; therefore best trading strategy would be sell on rise… • Intraday Resistance : 29520 / 29644 / 29840 / 30070 • Intraday Support : 29115 / 28990 / 28793 / 28461

  5. SILVER • Silver on charts has strong support at 53759. As trade below this level would trigger stoploss of recent bullish breakout. • Intraday Resistance : 54542 / 54821 / 55260 / 56000 • Intraday Support : 53759 / 53640 / 53361 / 52181

  6. CRUDE OIL - COMMODITY • Overall trend is down on charts, any rally would just be considered as technical bounce, whereas stiff resistance is at 4773 & support is at 4520. Best trading strategy would be sell on rise with a stoploss of 4774. • Intraday Resistance : 4717 / 4732 / 4755 / 4793 • Intraday Support : 4671 / 4656 / 4633 / 4595

  7. USD/INR • Near term trend is down on charts, whereas next support is expected at 53.60. Best trading strategy would be sell on rise… • Intraday Resistance : 55.00 / 55.05 / 55.13 / 55.25 • Intraday Support : 54.84 / 54.80 / 54.70 / 54.55

  8. S&P 500 - AMERICA • Post sharp correction in near term; index has witnessed buying pressure at dips; however on charts trend is still down, therefore any rally which is expected in near term could be said as a technical bounce whereas resistance is expected at 1335 where one must grab the opportunity to sell on rise….

  9. Monday – Friday Trading Strategy.

  10. Mon-Fri status M2M