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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 • Sharp rally from the lows indicate a technical bounce in near term whereas stiff resistance is expected at 4940. • Intraday Resistance : 4869 / 4882 / 4900 / 4940 • Intraday Support : 4827 / 4815 / 4794 / 4760

  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 : 9432 / 9475 / 9545 / 9600 • Intraday Support : 9292 / 9250 / 9180 / 9070

  4. GOLD • Trend is up on charts; however expect profit booking at rise. • Intraday Resistance : 29972 / 30000 / 30058 / 30145 • Intraday Support : 29864 / 29831 / 29779 / 29691

  5. SILVER • Near term trend is down; therefore strategy still remains the same. • Best trading Strategy: Sell on rise…. • Intraday Resistance : 54030 / 54148 / 54332 / 54650 • Intraday Support : 53649 / 53531 / 53345 / 53034

  6. CRUDE OIL - COMMODITY • Trend is down on charts; however expect a technical bounce. • Trading Strategy: Buy on dips. • Intraday Resistance : 4697 / 4717 / 4755 / 4799 • Intraday Support : 4625 / 4600 / 4567 / 4530

  7. USD/INR • Trend is up on charts; therefore best trading strategy would be buy on dips with a strict stoploss of 55 as trade below this level would attract aggressive profit booking…. • Intraday Resistance : 55.75 / 55.80 / 55.90 / 56.10 • Intraday Support : 55.55 / 55.45 / 55.30 / 55.05

  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