You are on page 1of 7

Om Vigneshwaraya Namah Om Sriram Om Sai ram

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376 Technical outlook for 1st Apr'14

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Nifty {Fut} 6739.65 Bearish Hanging Man candle formed in DAILY charts, follow SL @ 6604 sl for positional longs

Trading strategy Buy above or @ 6724 Sell below or @ 6755 Power buy above or @ 6773 Power sell below or @ 6707

Stop loss 6705 6775 6752 6726

Target 1 6745 6735 6805 6674

Target 2 6750 6729 6839 6641

Target 3 6755 6724

SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Om Vigneshwaraya Namah Om Sriram Om Sai ram

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Bank Nifty {Fut} 12824.75 Bearish dark cloud cover formed in daily charts in spot bank nifty, Follow sl @ 12405 which is panic button for positional longs

Trading strategy Buy above or @ 12770 Sell below or @12879 Power buy above or @ 12935 Power short below or @ 12714

Stop loss 12709 12940 12875 12775

Target 1 12843 12807 1299 12652

Target 2 12861 12789 13063 12588

Target 3 12879 12770

SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Om Vigneshwaraya Namah Om Sriram Om Sai ram

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx gold 28530 Recovering started from oversold levels ahead of expiry on 5th apr'04,beware of blind shorts as warned ,heading towards bollinger midde band @ 29735 as told in weekly cursor,

Trading strategy Buy above or @ 28413 Sell below or @ 28647 Power buy above or @ 28765 Power sell below or @ 28295

Stop loss 28290 28770 28640 28420

Target 1 28569 28491 28908 28154

Target 2 28608 28452 29052 28013

Target 3 28647 28413

SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Om Vigneshwaraya Namah Om Sriram Om Sai ram

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx silver 42780 Bearish shooting star candle formed in daily charts, But accumulation happened and recovering from oversold area, follow sl strictly for shorts, may head towards middle bollinger band @ 45267 as told in weekly cursor

Trading strategy Buy above or @ 42610 Sell below or @42952 Power buy or @43125 Power sell below or @42437

Stop loss 42430 43130 42950 42615

Target 1 42838 42724 43340 42225

Target 2 42895 42667 43556 42861

Target 3 42952 42610

SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Om Vigneshwaraya Namah Om Sriram Om Sai ram

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analysis: Mcx crude oil 6123 Bullish harami in hourly charts, hovering in between middle band & lower band as told in weekly cursor

Trading strategy Buy above or @ 6106 Sell below or @6140 Power buy above or @ 6158 Power sell below or @ 6088

Stop loss 6083 6163 6135 6110

Target 1 6128 6118 6188 6058

Target 2 6134 61112 6219 6028

Target 3 6140 6106

Note: - Follow SL strictly and check weekly analysis for correct decisions for positional trades, there is a risk of loss in trading

SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Om Vigneshwaraya Namah Om Sriram Om Sai ram

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Weekly Analysis for the week 31st Mar to to 4th Apr'14:

TREND

S&R

SPOT NIFTY {cmp 6704.2} ABOVE 6636.33 IT WILL FACE RESISTANCE 6762.17 - 6828.43 - 6954.27 BELOW 6636.33 IT WILL FIND SUPPORT 6570.07 -6444.23 - 6377.97 BULLISH 6579

SPOT BANK NIFTY {cmp 12742.05} ABOVE 12558.95 IT WILL FACE RESISTANCE 12983.25 - 13211.8 - 13636.1 BELOW 12558.95 IT WILL FIND SUPPORT 12330.4 - 11906.1 - 11677.55 BULLISH 12355

MCX GOLD {CMP 28530} BELOW 28733 IT WILL FIND SUPPORT 27766 - 27152 - 26185 ABOVE 28733 IT WILL FACE RESISTANCE 29347 - 30314 - 30928

BEARISH 28767

MCX SILVER {CMP 42780} BELOW 43226 IT WILL FIND SUPPORT 41943 - 41127 - 39845 ABOVE 45440 IT WILL FACE RESISTANCE 44042 - 45325 - 46141

BEARISH 43410

MCX CRUDE {CMP 6123} BELOW 6086 IT WILL FIND SUPPORT 6024 - 5932 -5870 ABOVE 6115.33 IT WILL FACE RESISTANCE 6177 - 6239 - 6331 BULLISH 6091

SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Om Vigneshwaraya Namah Om Sriram Om Sai ram

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376

Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326

Analyst Certification:The following analyst(s), who is (are) primarily responsible for this report, certifies that the opinion(s) on the subject security (ies) and any other views or forecasts expressed herein accurately reflect his/her personal view(s) about the subject company or companies and its or their securities, and that no part of his compensation was, is or will be directly indirectly related to the specific recommendations or views contained in this research report. Opinions expressed are his current opinions as of the date appearing on this material only. The analyst(s) of this report personally is not holding any stock position for the recommended stocks.

Disclaimer: This document is not for public distribution and has been furnished to you solely for your information and must
not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action. Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. SAIRAM SHARES & COMMODITIES, its directors, analysts or employees do not take any responsibility, financial or otherwise, of the losses or the damages sustained due to the investments made or any action taken on basis of this report.

SAI RAM SHARES & COMMODITIES


Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 I Town Office: 221376 Head office: 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II town Office: 237326

Email: saladi_elr2@yahoo.com

Rajesh.Saladi
Technical Research Analyst Email: Rajesh.saladielr2@gmail.com For updates follow @ www.twitter.com/rajeshsaladi & www.facebook.com/srknifty SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

You might also like