Nifty Future Tips & Stock Market Updates 30 Nov 12

Today Indian Market Closed on green note. The Nifty index ended at 5,826.60, up 99.15 points or 1.73 percent and it touched a high of 5,833.50 and a low of 5,736.10 in trade today.The Sensex closed at 19,170.16, up 328.08 points and this index touched a high of 19,205.33 and a low of 18,873.63 in trade today.

Bullish Intraday Stocks 30 Nov 12

BANKINDIA WELCORP PRADIP NCC UCOBANK FSL HINDPETRO RELCAPITAL BANKBARODA DENABANK TATACHEM SBIN RECLTD PATELENG IOB TVSMOTOR LT ICICIBANK HINDUNILVR CHAMBLFERT LICHSGFIN ONGC CIPLA MUTHOOTFIN HDFCBANK ALBK NATIONALUM DABUR IVRCLINFRA CENTURYTEX    

Bearish Intraday Stock 30 Nov 12

VAKRANSOFT ROLTA MADRASCEM TECHM EVERONN BATAINDIA ABAN GEOMETRIC ERAINFRA MAHABANK STAR APTECHT HATHWAY DCW AMAR TATAGLOBAL SATYAMCOMP NOCIL GUJRATGAS GUJSIDHCEM PRISMCEM BGRENERGY BAJAJHIND TVTODAY NHPC FINANTECH TCS INFY JUBILANT BALAJITELE

Nifty Tips For Tomorrow 30 Nov 12
Pivot Level = 11898 
Support1 5761 Support2 5696 Support3 5658 
Resistance1 = 5864  Resistance2 = 5902  Resistance3 = 5967 

Bank Nifty Tips For Tomorrow 30 Nov 12
Pivot Level = 11898
Support1 = 11797 Support2 = 11600 Support3 = 11499 
Resistance1 = 12095 Resistance2 = 12196 Resistance3 = 12393 

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Commodity Updates and News for 29th nov. 2012

Bullion :
Gold futures declined sharply & by about $36 per ounce, on a combination of technical selling, expiration of options and futures contracts, deflationary concerns and a stronger US dollar.

Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 9,818.07 tons, as on Nov. 21.

Base Metal:
Copper futures declined, as investors shunned riskier assets on concerns about the details of Greece's new debt deal and lack of progress in US budget talks aimed at averting automatic tax hikes and spending cuts in January.

Energy:
Crude oil stocks fell by 347,000 barrels, Motor gasoline supplies jumped by 3.9mn barrels and Distillate stocks, comprising heating oil and diesel fuel, fell 800,000 barrels, as per EIA.

Natural gas futures declined, as forecasts for mild weather next week signaled reduced demand for the heating fuel.

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Commodity Market for 26th Nov. 2012

Gold:
Gold in India followed international prices and gained over 2% weakening dollar and appreciation in rupee could restrict the steepness of rise in domestic markets in the coming week.
Outlook: 
Gold (December): Gold is expected to move in the range of 31800-32700 during the week ahead.

Base metal :
We expect base metals to be range-bound as we await the final decision of IMF for Greece bailout and as policy changes from the new Chinese leadership is expected.
Outlook:  
Copper (November): Copper is expected to move in the range of 420-440 during the week ahead.

Energy:
We expect crude oil to remain flat to bullish with a risk to upside breakout as and when middle east tensions increase in intensity. Cold weather expected across the  major consuming regions of the Northeast and Midwest early next week is not expected to last as long as previously anticipated, which may reduce heating demand and bring down natural gas prices.
Outlook:  
Crude Oil (December): Crude is expected to move in the range of Rs 4800-5050 during the week ahead.
 Natural Gas (November): Natural Gas is expected to move in the range of 208 -223 during the week ahead.

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Commodity Market News For 16th Nov 2012

Bullion:
Gold suggest that prices have reversed after taking resistance of 31800 levels.
Stochastic is in a sell mode. We expect prices to correct up to levels of 31170.
Trading Call: Sell around 31500 levels with a stop loss placed above 31700 levels for targets of 31170
levels.
Silver suggest that prices have reversed after taking resistance of 61500 levels.
Stochastic is in a sell mode. We expect prices to correct up to levels of 60000.
Trading Call: Sell around 60800 levels with a stop loss placed above 61100 levels for targets of 60000
levels.

Energy :
Crude Oil suggest that prices have reversed after taking resistance at 4820 levels.
Stochastic is in a sell mode. We expect prices to correct up to levels of 4670.Trading Call: Sell around 4760 levels with a stop loss placed above 4820 levels for targets of 4670 levels.
Natural Gas suggest that prices have reversed after taking resistance at 210 levels.
Stochastic is in a sell mode. We expect prices to correct up to levels of 198.
Trading Call: Sell around 205 levels with a stop loss placed above 210 levels for targets of 198 levels.

Base metals:
Copper suggest that prices are trading near a crucial resistance at 425 levels.
Stochastic is losing its strength. We expect prices to correct up to levels of 412.
16 Nov 2012
Trading Call: Sell around 421 levels with a stop loss placed above 425 levels for targets of 412 levels.
Nickel suggest that prices have reversed after taking resistance at 890 levels.
Stochastic is in a sell mode. We expect prices to correct up to levels of 868.
 Copper suggest that prices are trading near a crucial resistance at 425 levels.
Stochastic is losing its strength. We expect prices to correct up to levels of 412.
16 Nov 2012
Trading Call: Sell around 421 levels with a stop loss placed above 425 levels for targets of 412 levels.
Trading Call: Sell around 880 levels with a stop loss placed above 890 levels for targets of 868 levels.

Lead suggest that prices are trading near a crucial resistance of 121.50. RSI is losing
its strength. We expect prices to correct up to levels of 119.
The above 4 hourly chart of Zinc suggest that prices are trading near a crucial resistance of 107. Stochastic is
losing its strength. We expect prices to correct up to levels of 104.20.
Trading Call: Sell around 121 levels with a stop loss placed above 122 levels for targets of 119 levels.

Zinc suggest that prices are trading near a crucial resistance of 107. Stochastic is
losing its strength. We expect prices to correct up to levels of 104.20.
Trading Call: Sell around 106 levels with a stop loss placed above 107 levels for targets of 104.20 levels.
http://www.merits.in/online-sharetrading.aspx
Aluminium suggest that prices have reversed after taking resistance at 108.50 levels.
Stochastic is in a sell mode. We expect prices to correct up to levels of 105.50.
Trading Call: Sell around 107.50 levels with a stop loss placed above 108.50 levels for targets of 105.50
levels.

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Commodity News For 15 nov. 2012

Gold prices are expected to remain positive. One can buy around 31700 -31650 with a stop loss below 31500 we expect price to test 32000 on higher end.
Silver prices  are expected to remain positive  we expect prices to test  62200  – 62300  on higher end one can buy around 61100 with a stop loss below 60500.
Copper prices are expected to trade within the range from 414 to 424. One can trade within the range. However, 426 acting as a strong resistance.
Nickel  prices  are  consolidating and are  expected  to trade within a range  from 870 to 900 one can trade within the range with a positive bias.
Lead prices might face resistance on higher end at 120.50 one could  short with a stop loss above 121.70.
Crude price are expected to trade within the range from 4780 to 4670 one can buy with a stop loss above 4665.

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Happy Diwali :Commodity Market News For Today 12th nov. 2012

The Multi Commodity Exchange (MCX) COMDEX opened negative after a fall of 0.04% on Saturday.
It is currently trading lower by 5.15 points, or 0.14%, at 3,699.01 at 10.01 a.m. after opening at 3,703.99.

Other index like MCX Metal is trading upward by 0.49 points, or 0.01%, at 5,212.52 after opening at 5,211.58.

MCX Agri is trading down by 22.98 points, or 1.05%, at 2,160.98 after opening at 2,162.94.

Meanwhile MCX Energy is trading down by 2.42 points, or 0.07%, at 3,324.40 after opening at 3,326.20.

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Commodity News for Today : for 9th nov. 2012

Bullion:
Precious metals prices rose to three-week highs yesterday as investors continued to bet on easier U.S. fiscal policy following President Obama's victory, and prices also got a bounce
from fears about increased tensions between the United States and Iran.

Base Metal  :
Industrial metals prices edged higher yesterday in cautious trade ahead of a leadership transition in top metals consumer China, which may result in fresh economic stimulus measures, while concerns
about weak demand and the U.S. economy capped the upside.

Energy:
Crude oil prices rose yesterday, rebounding from a nearly 5 percent plunge the previous session, though gains were limited by concerns about Europe's economy coupled with approaching tax increases and spending cuts in the United States.

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Commodity Weekly News And Strategies from 5th Nov. to 9th Nov. 2012

MCX GOLD 
MCX GOLD last week showed downward trend it moved in a downward channel pattern and found strong support of lower band of channel, now if it able to break support of 30350 than we expect bearish trend in it towards the level of 30000. On other hand if it takes reversal from lower band than resistance is seen around 30850.

Strategy
Better strategy in MCX GOLD is to sell below 30350 for the target of 29800-29400 with stop loss of 30900.

MCX SILVER 
MCX SILVER last week showed downward trend on daily charts it moves in downward channel pattern and found strong support of lower band of channel. Now, if it takes reversal from lower band than some correction is expected in it towards level of 58850 and if downtrend continuous than support is seen around 56000.

Strategy
Better strategy in MCX SILVER at this point of time is to sell below 56800 for the target of 55700-54800, with stop loss of 58400.

MCX CRUDEOIL 
Crude  oil last week showed downward movement and  found strong support of 4600 which is also its crucial point since last four weeks it was not able to break it, below this it will be in weak zone and may find next support around 4500. On other hand in this week if it is not able to break it than resistance is seen around 4725.

Strategy
Better strategy in MCX CRUDEOIL is to sell below 4600, for the target of 4500 with stop loss of 4715.

MCX Copper
MCX Copper last week showed downward movement on weekly charts it moves in an upward channel pattern and found support around lower band of channel. Now if it breaks support of 414 than find next support around 409 below this breakout of channel pattern is expected. On higher level it will find resistance around 425.

Strategy
Better strategy in the MCX COPPER will be sell below 414, with the stop loss of 425 for the target of 407-400.

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Commodity News and Updates for 7th oct. 2012

Bullion : 
Gold prices are  expected to remain  volatile ahead a US elections, we expect prices to trade within the broad range from 31500 to 30900.
Silver prices closed at higher end with a positive break above 59200. As long as price holds and closes above 59200 prices are expected to trade higher
Base metal : 
Copper prices are expected to trade higher and test the resistance of 425 -426. For intraday one can buy around 421 with a stop loss below 417. Crossing 426 would witness fresh buying to the tune of 430 – 432.
Nickel prices are expected to trade within a range from 866 to 895 one can buy on dips. One can witness a sideways to positive move for the day.
Lead prices are expected to test 121 -122 on higher end one can buy on dips around 118.
Energy: 
Crude  price  have witnessed a break above 4720 and witness fresh buying we expect prices to trade higher to the tune of 4870, buying on dips is recommended around 4780.

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Commodity New for Today 02 oct. 12

Gold prices are expected to witness a sideways to downward trend one can sell on rise around 31000 -31050 with a stop loss above 31170 for the downside target at 30800 -30750.

Silver prices witnessing selling pressure from higher end we expect prices to test the support at 59400 -59300. For the day we expect prices to trade within a range from 59000 to 60200. Intraday one can sell with a stop loss above 60350.

Copper prices are expected to trade within the range from 418 to 426, one can trade with a positive bias as oscillators are at the oversold zone.

Nickel prices are witnessing pressure at higher end one can expect prices to trade within the range from 865 to 895. One can trade within the range.

Lead was the strongest among the base metal pack. We expect price to cool off around 116, one can expect a support around 113.50 on lower end. Buy on dips is recommended.

Crude price are expected to trade within the range from 4620 to 4740, one can trade within the range with a side ways to positive bias. Support is building up at 4620.

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Commodity Weakly News and Updates

MCX GOLD 
MCX GOLD last week showed upward trend it moves in a downward channel pattern and faced strong resistance of upper band of channel, now if it able to break resistance of 31520 than we expect bull trend in it towards the level of 31750. On other hand if it breaks psychological support of 31000 than it may find next support around 30750.

Strategy
Better strategy in MCX GOLD is to buy above 31520 for the target of 31750-32000 with stop loss of 31000.

MCX SILVER
MCX SILVER last week showed down trend and moves in channel pattern on daily chart. Now 59350 is seen as immediate support for it below this it may touch lower band of channel i.e. around 58500. On higher level 61050 is act as resistance for it only above this we expect some correction in it.

Strategy
Better strategy in MCX SILVER at this point of time is to sell below 59600 for the target of 58500-58000, with stop loss of 61100.


MCX Copper 
MCX Copper last week showed sideways movement consolidates around its strong support, and form head and sholder pattern if it breaks support of 431 than it will be in weak zone towards level of 420. On higher level if it give closing above 445 than some correction is expected in it.

Strategy
Better strategy in the MCX COPPER will be sell below 432, with the stop loss of 445 for the target of 420.


MCX CRUDEOIL 
Crude  oil last week broke strong resistance of 5010 but not able to closed above this and form a reversal pattern on daily charts, now if it take reversal from here than it may find strong  support around 4800 below this it is weak towards level of 4600. Correction is expected only if it able to give closing above 5010.

Strategy
Better strategy in MCX CRUDEOIL is to sell on highs, for the targets of 4800 with stop loss of 5050.

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