Commodities

Friday, 31 October 2014

CNX-Bank Index-Technical Overview--3-11-14

CNX-Bank Index closed at 17045.05 on 31-10-2014

SUPPORT: - 17045/ 16561.35 / 16470.85 / 16309.70 / 16157.05 / 15973 / 15742.05.

RESISTANCE: - 17060 / 17200 / 17450 / 17680.

(Figures in bold are important)

Index opened firmly at 16812.45 and immediately made low of 16783.65 for the day and thereafter consistently moved up during the entire day and made new all time of 17060.15 before closing the day near the high at 17045.05.Technically it is showing tremendous strength but today’s up move some what seemed to be euphoric and this may continue for few days but it is concerning and indicate that we may be topping out for the time being in the next few trading session and correction may set in, therefore trade cautiously. Since it looks robust on technical chart as of now, therefore I suggest to adopt buy on dip strategy but get alerted in long trade below 16700 and exit long position if it closes below 16550. Going up it can face very stiff resistance at 17200 / 17450 & 17680 levels and I feel that  this up rally may exhaust around these levels. So I expect that the index may go in for correction by the middle or end of the next week starting from 3-11-14,therefore,I would suggest that one should at least  book part profit on the rise on existing long trades.

REMARK:- Long term trend is still up, I suggest to buy on dip with a stop loss of close below 16550.Avoid fresh long trades below 16700 .

Kindly  note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Nifty -Technical Observation-3-11-14

NIFTY CLOSED AT 8322.20 ON 31-10-14

SUPPORT: - 8322 / 8290 / 8180 / 8160 / 8085.

RESISTANCE:-  8331 / 8355 / 8400 / 8435 / 8475 / 8872 & 8935 .

(Figures in bold are important)

Nifty opened with a gap up at 8200.80 and made a low of 8198.05 and thereafter steadily moved up during the entire day and made new all time high of 8330.75 before closing the day near the high at 8322.20.Technically it is exhibiting tremendous strength and indicate that this on-going up move may continue for few more days before the correction sets in. Here once again I would like to make a cautionary note that with today’s gap it had left 4 gaps in 9 trading session and did not make any effort to fill these gaps ,is slightly disturbing, and if it makes an effort to fill the gap in coming days nifty can slide to 8181 / 8037 / 7936 & 7819 levels, furthermore today’s move seemed to be euphoric  and this may continue for few days but it is  concerning and indicate that we may be topping out for the time being in the next few trading session therefore trade cautiously. But since it is showing good strength as of now therefore adopt buy on dip strategy but get alerted in long trade below 8180 and exit trade if it closes below 8150. Going up it can face very stiff resistance at 8360 / 8435 & 8475 and I  feel that this up rally may exhaust around these levels,so I expect that the nifty may go in for correction by  the middle of the next  week starting from 3-11-14,therefore,I would suggest that one should at least  book part profit on the rise on existing long trade.

REMARK:- Long term trend is still up ,so one can try long trade on dip and get alerted if starts trading below 8180 and exit the trade if it closes below 8150 or above 8332 with a stop loss close below 8250.I would prefer to hold on to the existing long trade and initiate fresh long trade only above 8332.    

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



CNX-Bank Index-Technical View-31-10-14

CNX-Bank Index closed at 16760.05 on 30-10-2014

SUPPORT: -  16309.70 / 16157.05 / 15973 / 15742.05

RESISTANCE: - 16776.35 / 16825 / 17060 / 17150 / 17280 .

  (Figures in bold are important)

Index opened on flat to negative note at 16606.50 and made a low of 16561.35 for the day and then went on to make new all time high at 16776.35 before closing the day near the high at 16760.05.Technically it is exhibiting all the strength and suggest that it can move up further therefore buy on dip strategy is advised but get alerted in long trade below 16300 and exit the trade if closes below 16150. Going up it can face very stiff resistance at 16825 / 17060 / 17150 & 17300 and this up rally may exhaust around these levels. Avoid fresh long trade today if it trades below 16540.TRADE CAREFULLY AND RESPONSIBLY.

REMARK:- Long term trend is still up, I suggest to buy on dip with a stop loss of close below 16150.

Kindly  note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Nifty Hits New All Time High-Technical View-31-1014

NIFTY CLOSED AT 8169.20 ON 30-10-14

SUPPORT: - 8031.75 / 8067 / 8141.90 / 8160.90 / 7972.35 / 7964.80 / 7960.50 / 7925.15 / 7862.45 / 7855.95 /7841.80 /7808.85 / 7784 / 7700.05 / 7593 / 7540.10 / 7422.15.

 RESISTANCE:- 8180.20 / 8181.55 / 8300 / 8330 / 8355 / 8390.

   (Figures in bold are important)

Nifty opened flat at 8085.20 and the open was the low also for the day and then it went on moving up steadily and made a new all time high of 8181.55 surpassing previous high of 8180.20 just by a whisker and then closed the day almost near the high at 8169.20. Technically it is showing all the strength and suggest that it can take forward this rally further but I would like to mention here that moving up it had left three gaps on 20th,22nd & 29th Oct-14 and if it makes an effort to fill these gaps it can slide down to 8037 / 7936 &7819 level so the adequate alertness is required in long positions here. Please note that the long term trend line support for it is at 8090 for 30-10-14, therefore one can continue with the long trade now or can initiate fresh long trade  on dip also but get alerted if it starts trading below 8090 and exit the trade if it closes below 8037. Going up it can face very stiff resistance at 8280 / 8300 / 8330 & 8390 and this up rally may exhaust around these levels.


REMARK:- Long term trend is still up ,so one can try long trade on dip and get alerted if starts trading below 8090 and exit the trade if it closes below 8037 or above 8182 with a stop loss close below 8120.I would prefer to hold on to the existing long trade and initiate fresh long trade only above 8182.  

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Nifty-Technical View--28-10-14

NIFTY CLOSED AT 7991.70 ON 27-10-14

SUPPORT: - 7972.35 / 7964.80 / 7960.50 / 7925.15 / 7862.45 / 7855.95 /7841.80 /7808.85 / 7784 / 7700.05 / 7593 / 7540.10 / 7422.15.

 RESISTANCE:-  8031.75 /  8067 / 8141.90 / 8160.90 / 8180.20.

   (Figures in bold are important)

Nifty opened with  gap up at 8064.35 and made a high of 8064.40 but filled up today’s gap immediately and made a low of 7985.65 for the day before closing the day near the low at 7991.70.The pull back rally expected target was 8066.11 and it almost hit it today therefore it seems that on going up rally may be over, if not then for continuation of this up rally it has to cross 8070 mark and stay above it for 3-4 days. Furthermore the  gap it left on 20th & 22nd Oct-2014 is yet to be filled and if it makes an effort to fill the gap it can slide down to 7936.60 & 7819 level, although it closed near the low today but it is way above all its short term moving averages and not showing any potential sign of weakness as yet and it  has a strong support at 7960 therefore aggressive trader can still try long call now or on dip with a stop loss of close below 7940 or if it moves above 8032 and stay then with a stop loss of close below 8010 ,avoid fresh long call if it start trading below 8014 for the entire week. Since it has almost hit the expected pull back target, therefore I would prefer to take long call only if it moves above 8070 mark and stays for 3-4 days on the contrary I would try short call here on the rise with a stop loss of close above 8070 or below 8014 with a stop loss of above 8040.


REMARK:- Long term trend is still up but since it has almost hit the expected pull back target therefore I would suggest to take fresh long call only if it crosses 8070 mark and stays above it, on the contrary I would like try short call on the rise or below 8014 with a stop loss of above 8070 & 8040 respectively.   

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS
Note: Price stated here is of spot market
Contact me for strategic guidance to enter and exit the trade



Wednesday, 22 October 2014

CNX-Bank Index-Technical View-22-10-14

CNX-Bank Index closed at 16427.25 on 21-10-2014

SUPPORT: -  16309.70 / 16297.25 / 16272.35 / 16222.55 / 16208.55 / 15973.50 / 15843.70 / 15742.05 / 15725 / 15626.90 / 15592.80 / 15503.40 / 15477.05 / 15392.25 /

RESISTANCE: - 16222.55 / 16272.35 / 16297.25 / 16309.70 / 16625 / 16815 / 17060.

  (Figures in bold are important)

Index  opened on a firm note at 16281.95 and made  a low of 16269 and then moved up  and made  a new all time high of 16452.85 before closing the day near the high at 16427.25.It is exhibiting tremendous strength technically, therefore I would suggest to buy on dip  but get alerted in long trade if it starts trading below 16309.70 and get out of the trade if closes below 16150. Please note that the gap it left on 20-10-14 still exist and  today was the 1st day after that ,so one has to be careful in next 2-3 days of trading, if it breaks the level of 16157 then it can go down to 15973 to fill the gap. Going up it will face good resistance at 16625 / 16815 & 17060.


REMARK:- Long term trend is still up, I suggest to buy on dip with a stop loss of close below 16150.

Kindly  note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Nifty-Technical View--22-10-14

NIFTY CLOSED AT 7927.25ON 21-10-14

SUPPORT: - 7925.15 / 7896.95 / 7862.45 / 7855.95 /7841.80 /7808.85 / 7779.70 / 7700.05 / 7593 / 7540.10 / 7422.15.

 RESISTANCE:- 7960.50 / 7964.80 /7968.25 / 7972.35 / 8030.90 / 8141.90 / 8160.90 / 8180.20.

   (Figures in bold are important)

Nifty opened on  a firm note at 7906.15 and made a high of 7936.60 and low of 7874.35 for the day before closing the day at 7927.75.It is moving up in a steady way  and showing some strength but still below its upper band of the short term DMA ,it seems that it will cross it in a day or two ,the range for the short term DMA is between 7954-7856 for 22-10-14.Please note that the gap still exist and  today was the 1st day after it left the gap on 20-10-14,so one has to be careful in next 2-3 days of trading, if it breaks the level of 7856 then it can go down to 7819.20 to fill the gap. Since it is exhibiting firmness  therefore one can take long call now or on the dip with a stop loss of close below 7840,please avoid fresh long call below 7840 .I would personally take long call only if it moves above 7954 and stay.


REMARK:- Long term trend is still up , since it is showing some strength so one can try long call  now or on the dip with a stop loss of close below 7840.The short call can be tried if it starts trading below 7840 with a stop loss of 7870.


Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Tuesday, 21 October 2014

CNX-Bank Index-Technical View--21-1014

CNX-Bank Index closed at 16216.60 on 20-10-2014

SUPPORT: -  16208.55 / 15973.50 / 15843.70 / 15742.05 / 15725 / 15626.90 / 15592.80 / 15503.40 / 15477.05 / 15392.25 / 15370.70 / 15301.65 / 15168.40 / 15130.35 .

RESISTANCE: - 16222.55 / 16272.35 / 16297.25 / 16309.70 / 16625 / 17035.

  (Figures in bold are important)

Index  opened  gap up at 16259.70 and made high of 16297.25 and  then low of 16157.05 before closing the day at 16216.60.It came very close to its all time high of 16309.70  but could not cross it was little disturbing, however it is exhibiting good strength technically. Kindly note that the gap it created today still remains and to fill it up index has to come down to 15973.50 level, generally the gap is filled in next 3-4 days ,if not then it is difficult to say when this gap will be filled ,so the next 3-4 days trading is very critical but since it is comfortably above its short term moving averages therefore one can adopt buy on dip strategy with a stop loss of close below 15900.Since it did not cross its previous high after coming so close to it, therefore I would personally prefer to take long call only if crosses 16309.70 and stays.

REMARK:- Long term trend is still up, I would personally  take long call only if it crosses and stays above 16309.70 but one can  buy on dip with a stop loss of below 15900.

Kindly  note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Nifty-Technical View-21-10-14

NIFTY CLOSED AT 7879.40 ON 20-10-14

SUPPORT: - 7862.45 / 7855.95 /7841.80 /7808.85 / 7784 / 7700.05 / 7593 / 7540.10 / 7422.15.

RESISTANCE:- 7925.15 /7960.50 / 7964.80 /7968.25 / 7972.35 / 8030.90 / 8141.90 / 8160.90 / 8180.20.

  (Figures in bold are important)

Nifty opened with a huge gap up at 7896.95 and made a high of 7905.95 and the then low of 7856.95 for the day before closing the day at 7879.40.Today’s move seems to be a sharp pull back as expected and it has to be seen how it shapes up in next few days. Kindly note that the gap it created today still remains and to fill it up nifty has to come down to 7819.20 level , generally the gap is filled in next 3-4 days ,if not then it is difficult to say when this gap will be filled ,so the next 3-4 days trading is very critical ,furthermore it is still below the upper band of its short term moving averages and the range for short term DMA is between 7955---7844 for 21-10-14,therefore I would not initiate long trade personally till it moves above 7955 and stays for 3-4 days, but since it is above short term DMA  lower band of 7844 and it has strong support at 7840 level otherwise too ,so the aggressive trader can try long call now or on dip with a stop loss of close below 7800 but do not initiate fresh long trade if it starts trading  below 7840 ,one can try short call if it starts trading below 7800 with a stop loss of close above 7840.TRADE CAREFULLY AND  RESPONSIBLY.

REMARK:- Long term trend is still up but it is in intermediate downtrend and today it gave a huge pull back but left a up gap too, so the next 3-4 days of trading would be critical and since it  is below its upper range of the short term DMA also , therefore for me it is wait and watch for next 2-3 days before  initiating any trade .The overall bias is still down as of now.  

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Nifty-Technical View--20-10-14

NIFTY CLOSED AT  7779.70 ON 17-10-14

SUPPORT: -   7700.05 / 7593 / 7540.10 / 7422.15.

 RESISTANCE:-7784 / 7808.85 / 7841.80 / 7855.95 / 7862.45 / 7925.15 /7960.50 / 7964.80 /7968.25 / 7972.35 / 8030.90 / 8141.90 / 8160.90 / 8180.20.

   (Figures in bold are important)

Nifty opened on a weak note at 7733.75 and made a low of 7723.85 and then moved up and made a high of 7819.20 for the day before closing the day at 7779.70.It is still not showing strength and yet to make a short bottom, furthermore it is also way below its short term moving averages lower band and the range for DMA is between 7943—7844(it changes every day) for 20-10-14. However it has a strong support area in the region of 7720-7700 and as of now the short range for nifty is between 7700—7875  and break out on either side will decide which way it want to go, since it is moving in the range therefore at this point of time one can try long call near the lower end of the range i.e.7700 with a stop loss of close below 7690 and try short call near the upper end of the range i.e.7875 with a stop loss of close above 7895 , avoid fresh short call  if it moves above 7895 and stays. Since it is near the strong support area it may stage a pull back from here but in overall technical view it is still looking weak and expected to break the level of 7700 and test the range of 7600-7500 in coming days. TRADE CAREFULLY AND RESPONSIBLY.

REMARK:- Long term trend is still up but it is in intermediate downtrend and  range bound for now between 7700---7875 and break on either side will decide the further move for it. Since it is moving in a range trader can try both long and short call at appropriate level with an adequate stop loss. The overall bias is down as of now.  

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



CNX-Bank Index-Technical View--20-10-14

CNX-Bank Index closed at 15929.80 on 17-10-2014

SUPPORT: -   15843.70 / 15742.05 / 15725 / 15626.90 / 15592.80 / 15503.40 / 15477.05 / 15392.25 / 15370.70 / 15301.65 / 15168.40 / 15130.35


RESISTANCE: - 15973.50 / 16020 / 16208.55 / 16272.35 / 16309.70.

  (Figures in bold are important)

Index opened on an extremely positive note at 15617.35 and made a high of 15973.50 and low of 15603.45 for the day before closing the day at 15929.80.It exhibited   tremendous strength today and suggest to adopt buy on dip strategy in it. It also decisively   moved above its short term moving averages upper band again and also made another short bottom at 15477.05 which is a good sign. The range for short term DMA is between 15676---15532(it changes every day) for 20-10-14, since it is giving whip saw over averages, therefore I would personally initiate long trade in it only if it stays above the upper band of the averages for another 3-4 days, short trade is ruled out till it is above the lower band of the average i.e.15532 or above the recent short bottom of 15477.05.If it crosses 16020 mark and stays then it may cross the previous all time high of 16309.70, chances of which are looking reasonably good as of now. The aggressive trader can try long call now or on the dip with a stop loss of close below 15477.


REMARK:- Long term trend is still up, I would personally  wait and watch for at least 2 -3 trading days before initiating any trade in it but aggressive  trader can try long call now and on dip with a stop loss of close below 15477.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



CNX-Bank Index-Technical View-17-10-14

CNX-Bank Index closed at 15541.60 on 16-10-2014

SUPPORT: -   15503.40 / 15392.25 / 15370.70 / 15301.65 / 15168.40 / 15130.35 / 15109 / 14858 / 14709 / 14670 / 14338.

RESISTANCE: - 15592.80 /15626.90 /15725 /15742.05 / 15795.65 / 15843.70 / 15973.35 / 16208.55 / 16272.35 / 16309.70.

  (Figures in bold are important)

Index opened on a negative note at 15690.35 and made a high of 15836.15 and  then went down sharply  and made a low of 15477.07 before closing the day at 15541.60.It could not sustain above the short term DMA upper band on the 2nd day and fell  but still within the band and above the short bottom of 15301.65 it made on 13-10-14. The short term DMA range is between 15690—15487(it changes every day)for 17-10-14.It is looking better in comparison with nifty but  I would initiate trade in it only ,long trade if it moves above the short term DMA upper band and stays for 3-4 days  or short trade if it breaks the recent bottom of 15301.65 and stays ,therefore for me it is wait and watch till it gives break on either side and stays. The aggressive trader can try long call now or on the dip with a stop loss of close below 15300.

REMARK:- Long term trend is still up, I would suggest to wait and watch for at least 2 -3 trading days before initiating any trade in it.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market
Contact me for strategic guidance to enter and exit the trade



Nifty-Technical View-17-10-14

NIFTY CLOSED AT 7748.20 ON 16-10-14

SUPPORT: -   7700.05 / 7593 / 7540.10 / 7422.15.

 RESISTANCE:-7784 / 7808.85 / 7841.80 / 7855.95 / 7915.75 / 7925.15 /7960.50 / 7964.80 /7972.35 / 8030.90 / 8141.90 / 8160.90 / 8180.20.

   (Figures in bold are important)

Nifty opened on a negative note at 7837.30 and then made a high of 7893.20 for the day  and thereafter moved in the range of 7825-7860 for quite some time before plunging down in the 2nd half and made a low of 7729.65 before closing the day near the low at 7748.20.Today it broke the last important trend-line also which indicate gross weakness in it and furthermore it is still way below its short term moving averages,  therefore it is  sell on the rise market for sure, however in between pull back rally could be there but those rally should be utilized to sell. Now the strong support for nifty is at 7700 and break below this can drag nifty down to 7593 & 7540 level chances of which are looking pretty bright in coming days and going up it will face resistance at 7855 & 7928.Please get alerted in short call if it moves above 7855 and avoid fresh short call if it moves above 7928 and stays. I would avoid long call completely because the trend is down and I don’t prefer to go against the trend but  contrarian and aggressive trader can try long call now for an expected pull back  with a stop loss below 7700.I would personally  avoid long call completely.

REMARK:- Long term trend is still up but it is in intermediate downtrend  therefore it is sell on the market at appropriate level with an adequate stop loss.  

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade



Wednesday, 15 October 2014

CNX-Bank Index-Technical View-16-10-14

CNX-Bank Index closed at 15751.55 on 14-10-2014

SUPPORT: - 15742.05 / 15725.80 / 15626.90 / 15592.80 / 15503.40 / 15392.25 / 15370.70 / 15320 / 15168.40 / 15130.35 / 15109 / 14858 / 14709 / 14670 / 14338.

RESISTANCE: - 15795.65 / 15843.70 / 15973.35 / 16208.55 / 16272.35 / 16309.70.

  (Figures in bold are important)

Index opened with a up gap today at 15790.95 and made a high of 15843.70 for the day and low of 15560.25 before closing the day at 15751.55.It is exhibiting strength ,it has made a short higher bottom at 15301.65 ,furthermore  today it has moved above its short term moving averages upper band  also but it has to be seen that whether it  stays above it for the next 3-4 days or not ,if it does then we could see a reasonable up- move to the level of  15973.35/ 16015 / 16208.55 & 16309.70 and if not then   the down move will continue again. The range for the short term DMA is between 15724—15493 (it changes every day)for 16-10-14.Therefore I would try  long call only if it sustain above the DMA upper band i.e.15724 for next 3-4 days and certainly avoid short call till it is  above the lower band of the DMA i.e.15493 therefore for me it is a wait and watch for at least 2-3 trading days before initiating any trade on either side, but  aggressive trader can try long call now or on dip with a stop loss of close below 15490.

REMARK:- Long term trend is still up, I would suggest to wait and watch for at least 2 -3 trading days before initiating any trade in it.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Note: Price stated here is of spot market

Contact me for strategic guidance to enter and exit the trade