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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 • On charts trend is down; however expect a technical bounce; therefore best trading strategy would be buy on dips… • Intraday Resistance : 4945 / 4960 / 4985 / 5023 • Intraday Support : 4897 / 4883 / 4859 / 4820

  3. Bank Nifty Index • Range bound on charts ; expect index to be volatile… • Intraday Resistance : 9500 / 9540 / 9601 / 9700 • Intraday Support : 9375 / 9335 / 9275 / 9200

  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 : 28939 / 28975 / 29032 / 29128 • Intraday Support : 28821 / 28785 / 28728 / 28655

  5. SILVER • Near term trend is down; therefore strategy still remains the same. • Best trading Strategy: Sell on rise…. • Intraday Resistance : 54510 / 54625 / 54810 / 55122 • Intraday Support : 54127 / 54000 / 53825 / 53510

  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 5170. • Trading Strategy: Buy at dips… • Intraday Resistance : 5100 / 5110 / 5116 / 5131 • Intraday Support : 5083 / 5077 / 5068 / 5050

  7. USD/INR • Trend is up on charts; strategy still remains the same buy on dips… • Intraday Resistance : 55.83 / 55.94 / 56.12 / 56.40 • Intraday Support : 55.47 / 55.37 / 55.18 / 54.90

  8. S&P 500 - AMERICA • As expected a technical bounce in near term. • 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