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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 in range (4770 – 4960) trade above / below would add trigger in the direction… • Intraday Resistance : 4875 / 4883 / 4900 / 4920 • Intraday Support : 4851 / 4840 / 4820 / 4800

  3. Bank Nifty Index • Sharp rally from the lows indicate that bulls would be stronger than bears for near term whereas resistance expected would be around 9500. • Intraday Resistance : 9494 / 9516 / 9550 / 9600 • Intraday Support : 9426 / 9405 / 9370 / 9300

  4. GOLD • Trend is up on charts; however expect profit booking at rise; therefore best trading strategy would be sell current market price with a strict stoploss of 30160. • Intraday Resistance : 30050 / 30074 / 30113 / 30177 • Intraday Support : 29972 / 29948 / 29909 / 29845

  5. SILVER • Near term trend is down; therefore strategy still remains the same. • Best trading Strategy: Sell on rise…. • Intraday Resistance : 54582 / 54669 / 54806 / 55037 • Intraday Support : 54302 / 54215 / 54078 / 53847

  6. CRUDE OIL - COMMODITY • As expected a small rally in last 3 days which is considered as a technical bounce on a down trend; results trading strategy still remains the same sell on rise…. • Intraday Resistance : 4704 / 4714 / 4729 / 4755 • Intraday Support : 4672 / 4662 / 4647 / 4621

  7. USD/INR • Trend is up on charts; however near term it is in narrow range with negative bias, best trading strategy would be sell on rise whereas strong support is expected at 55.00 • Intraday Resistance : 55.80 / 55.90 / 56.05 / 56.30 • Intraday Support : 55.50 / 55.40 / 55.26 / 55.01

  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 one must grab the opportunity to sell on rise….

  9. Monday – Friday Trading Strategy.

  10. Mon-Fri status M2M