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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; strong support is expected at 4788, trade below this would add trigger to fresh selling… • Intraday Resistance : 4864 / 4877 / 4900 / 4935 • Intraday Support : 4820 / 4805 / 4788 / 4748

  3. Bank Nifty Index • Trend is down on charts; where as strong support is expected at 8995 as trade below this would open doors for 8300 • Intraday Resistance : 9324 / 9360 / 9416 / 9510 • Intraday Support : 9211 / 9176 / 9120 / 9002

  4. GOLD • Once again a positive breakout on charts; best trading strategy would be buy at dips. • Intraday Resistance : 30158 / 30245 / 30358 / 30500 • Intraday Support : 29900 / 29822 / 29656 / 29400

  5. SILVER • Near term trend is down; therefore strategy still remains the same. • Best trading Strategy: Sell on rise…. • Intraday Resistance : 54900 / 55175 / 55506 / 55999 • Intraday Support : 54021 / 53750 / 53420 / 53000

  6. CRUDE OIL - COMMODITY • Trend is down on charts; however expect a technical bounce. • Trading Strategy: Buy on dips with a strict stoploss of 4600. • Intraday Resistance : 4650 / 4677 / 4699 / 4725 • Intraday Support : 4610 / 4573 / 4553 / 4530

  7. USD/INR • Trend is up on charts; however expect a technical correction on charts. • Intraday Resistance : 55.70 / 55.80 / 56.00 / 56.30 • Intraday Support : 55.40 / 55.30 / 55.10 / 54.80

  8. S&P 500 - AMERICA • Fresh negative breakdown on charts; indicate that markets are expected to be in pressure. Best trading strategy would be sell on rise as near term index is in strong down trend whereas support is expected between 1250 -1260.

  9. Monday – Friday Trading Strategy.