Niftry Future Weekly Review (10-14 Dec. 2012.)
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• Happy ending in FDI polices future & Nifty future 5932. Now target 6040. Above 6045 minimum 2-3 days closing Market will fully bullish, then sharp target 6170-6150. But as per chart pattern my personal point of view now not good for buying. May be it is coming on 5850 or below 5790 level. But Above 5760 not bearish zone, normal profit booking zone 5930 to 5750 to 5790.
- Positional buyers keep eyes for correction, buy 20-30 points gap( 5880-90 or 5820-30 or 5790-70) with using stoploss that level (5850 or 5790 or 5750) for target 5870-6000-6050-6100).
- Positional sellers wait for selling 5990 to 6020 levels with stoploss 6055 for target 5930-5860.
- Bank Nifty closing 12431. Support 11840,
11420.
Resistance-12605, 13005. Over
brought positions.
Mcx Crude, Gold, SilverM Weekly review
- Crude Oil Closing 4699. Support 4635-4440. Resistance 4790. Above 4830 bullish for target 4990 and 5150.Now both side open.
- Gold closing price 31335. Trying to up run. Above 31600 target 32200-32700 or above. Support 30140. Something showing positive.
- SilverM closing price 62525. Above 62875 target 64400-65500-66000. Support 60900. Trying to return bull’s truck.
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