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Sairam Shares & Commodities

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7th to 11th April 2014

S R K Research Team

Index
Content Nifty Outlook Bank Nifty Outlook Gold Outlook Silver Outlook Crude Outlook Global Economic Calendar Contact us Slide No 3-8 9-14 15-20 21-26 27-32 33-36 37

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Nifty Outlook:Outlook:- Major Trend Indicators
Outlook for Nifty for next week: Major Trend indicators: - MACD & TRIX above zero line, ADX @ 44.44{above 40}, Parabolic SAR @ 6643.66, check the chart

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Nifty Outlook: Momentum Oscillators
Momentum oscillators: - RSI @ 70.21,WILLIAMS%R @ -27.51 & STOC @ 91.46 {all are in overbought}, check the chart

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Nifty Outlook: Volume Indicators
Volume Indicators: - MFI @ 70.91, Volume oscillator @ 1.07 NVI @ 197 which is above avg 197.28 & PVI @ 377.95 which is above avg 373.47, check the chart

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Nifty Outlook:Volatility Indicators
Volatility Indicators: - ATR @ 62.47 & Nifty heading towards Bollinger middle band is @ 6589.79 after reaching upper band @ 6776.06 {weekly high is 6776.75} as mentioned in last week {nifty cmp 6694.35}, check the chart

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Nifty Outlook: EMA
Positive outs puts: - Spot nifty {panic 6649} cmp 6694.35 which is above all ema 20 ema @ 6583.17, 50 ema @ 6420.87, 100 ema @ 6290.2 & 200 ema @ 6136.05, Still continues the golden cross of 20 ema>50ema>100ema>200ema which is a good sign, check the chart

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Nifty Outlook: Conclusion
Conclusion: - Spot nifty {cmp 6694.35} below 6711.17 it will find support @ 6645.58, if it broken on closing basis, next 6596.82-6531.23 Whereas above 6711.17 it will face resistance 6759.93, once it crossed on closing basis, next 6825.52 – 6874.28 Overall trend turned bearish in daily charts from 4.4.14, but continuous its bullish in weekly charts from 28.2.14.

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Bank Nifty Outlook: Major Trend Indicators
Outlook for Bank nifty for next week:Major Trend indicators: - MACD & TRIX above zero line, ADX @ 42.11 {above 40}, Parabolic SAR @ 12855.12, check the chart

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Bank Nifty Outlook: Momentum oscillators
Momentum oscillators: - RSI @ 66.9 STOC @ 76.45 & WILLIAMS%R @ -36.12 {all falling from overbought zone}, Check the chart

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Bank Nifty Outlook:Volume Indicators
Volume Indicators: - MFI @ 72.75,Volume oscillator @- 2.41, NVI @ 1.07 which is below to avg 1.09 & PVI @ 60416.9 which is above avg 58937.91 check the chart

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Bank Nifty Outlook:Volatility Indicators
Volatility Indicators: - ATR @ 217.67 & Bank nifty heading towards middle Bollinger band @ 12337.85 after reaching to Bollinger upper band which is @ 12870.99 {weekly high is 12869.3} {Bank nifty cmp 12551.7}, check the chart

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Bank Nifty Outlook: EMA
Positive outs puts: - Spot Bank nifty {panic 12477} cmp 12754.7 which is above all ema's 20 ema @ 12240.41, 50 ema @ 11666.38, 100 ema @ 11332.42 & 200 ema @ 11190.15 showing a positive sign. Golden cross over 20ema>50ema>100ema>200ema continues its trend which is a good sign, check the chart

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Bank Nifty Outlook: Conclusion
Conclusion: - Below 12617.3 {cmp 12551.7} it will find support @ 12365.25, if it breaks on closing basis, next 12178.8 – 11926.75 Whereas Above 12617.3 it will find resistance @ 12803.75 for next week, once it crossed next rise to 13055.8 – 13242.25 for next week

Overall trend turned bearish in Daily charts from 1.4.14 but in weekly charts continuous its bullish from 21.2.14

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MCX Gold Outlook: Major Trend Indicators
Outlook for GOLD for next week: Major Trend indicators: - MACD & TRIX below zero line, ADX @ 31.68, Parabolic SAR @ 29201.41, check the chart

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MCX Gold Outlook: Momentum Oscillators
Momentum oscillators: - RSI @ 34.84, STOC @ 12.94 & WILLIAMS%R @ -77.02 {all are recovering from oversold region as expected} Check the chart

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MCX Gold Outlook:Volume Indicators
Volume Indicators: - MFI @ 6.13,Volume oscillator @ -28.86, NVI @ 337.96 which is below to avg 339.4 & PVI @ 146.48 which is below avg 148.12 check the chart

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MCX Gold Outlook:Volatility Indicators
Volatility Indicators: - ATR @ 389.11 & Gold lower band is @ 27566.32 and recovery started from the nearer to lower band {weekly low 27861} as expected and it can go to middle band @ 29358.25 {Gold cmp 28433}, check the chart

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MCX Gold Outlook: EMA
Negative outs puts: - Gold {panic 28498} cmp 28433 which is below all ema’s 20 ema @ 29051.19, 50 ema @ 29396.14, 100 ema @ 29465.9 & 200 ema @ 29395.72.

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MCX Gold Outlook: Conclusion
Conclusion: - Below 28361 {cmp 28433} it will find support @ 27932, if it breaks on closing basis, next 27432 – 27003 for next week Where as Above 28361 it will find resistance @ 28861 for next week, once it crossed next rise to 29290 – 29790 Overall trend turned bullish in Daily charts from 3.4.14 but continues its bearishness in weekly charts from 21.3.14

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MCX Silver Outlook:Major Trend Indicators
Outlook for SILVER for next week: - Major Trend indicators: - MACD & TRIX below zero line, ADX @ 25.5, Parabolic SAR @ 43547.54, check the chart

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MCX Silver Outlook: Momentum Oscillators
Momentum oscillators: - RSI @ 34.05, STOC @ 9.75 & WILLIAMS%R @ -86.68 {all are recovering from oversold zone}, Check the chart

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MCX Silver Outlook:Volume Indicators
Volume Indicators: - MFI @ 26.08,Volume oscillator @ 0.73, NVI @ 92.92 which is below to avg 94.42 & PVI @ 79.44 which is below avg 79.67 check the chart

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MCX Silver Outlook:Volatility Indicators
Volatility Indicators: - ATR @ 795.78 & Silver recovering from lower band which mentioned in last week is @ 42541.68 {weekly low is 42528} and expanded the lower band as expected, right now is @ 41348.31 {Silver cmp 42759} & heading towards middle band @ 44551.35, check the chart

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MCX Silver Outlook: EMA
Negative outs puts: - Silver {panic 43130} cmp 42969 which is below all ema, 20 ema @ 44149.75 ,50 ema @ 44969.83, 100 ema @ 45463.82 & 200 ema @ 46070.93.

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MCX Silver Outlook: Conclusion
Conclusion: - Above 42979 {cmp 42969} it will find resistance @ 43430 for next week, once it crossed next rise to 43891 – 44342 Whereas Below 42979 it will find support @ 42518, if it breaks on closing basis, next 42067 – 41606 for next week Overall trend turned bullish in Daily charts from 2.4.14, but continues its bearishness in weekly charts from 21.3.14

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MCX Crude Oil Outlook: Major Trend Indicators
Outlook for CRUDEOIL for next week:- Major Trend indicators: - MACD & TRIX below zero line, ADX @ 13.61 {below 20}, Parabolic SAR @ 6139.49, check the chart

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MCX Crude Oil: Momentum Oscillators
Momentum oscillators: - RSI @ 48.23, STOC @ 36.14 & WILLIAMS%R @ -31.63 {all are in trending zone} Check the chart

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MCX Crude Oil:Volume Indicators
Volume Indicators: - MFI @ 46.59,Volume oscillator @ -1.43, NVI @ 396.82 which is below to avg 388.73 & PVI @ 76.19 which is below avg 77.76 check the chart

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MCX Crude Oil:Volatility Indicators
Volatility Indicators: - ATR @ 94.97 & CRUDEOIL closed above middle band @ 6067.45 and heading towards upper band is @ 6185.17{CRUDEOIL cmp 6080}, check the chart

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MCX Crude Oil Outlook: EMA
Positive & Negative outs puts: - CRUDEOIL {panic 6053} cmp 6080 which is below all ema's except 200 ema @ 6055.94 and 20 ema @ 6092.53, 50 ema @ 6120.53, 100 ema @ 6123.49, Bullish hammer candle formed in weekly charts as told in daily outlook on 4.4.14

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MCX Crude Oil Outlook: Conclusion
Conclusion: - Below 6050.67 {cmp 6080} it will find support @ 5962.33, if it breaks on closing basis, next 5844.67 – 5756.33 Whereas Above 6050.67 it will face resistance @ 6168.33 for next week, once it crossed next rise to 6256.67 – 6374.33 for next week Overall trend turned bullish in Daily charts from 3.4.14 but continues its bearishness in weekly charts from 14.3.14

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Global Economic Calendar

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Global Economic Calendar

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Global Economic Calendar

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Global Economic Calendar

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Contact us
SAI RAM SHARES & COMMODITIES Head office: 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326 Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU – 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376 For Private Client Circulation SRKNIFTY™® 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.”
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