Indian Stock Market MCX NCDEX Trading Tips

STOCK TIPS, SHARE MARKET TIPS

noreply@blogger.com (Unknown) — Fri, 03 Feb 2012 05:18:00 +0000

EQUITY FUTURE TRADING TIPS 02/02/2012 BOOK FULL PROFIT

QUE:- BUY EDUCOMP FEB FUT.CMP 217.9 BFP 232 2-3 DAYS

ANS :- EDUCOMP FEB FUT CMP 226.7 Take part profits on our Long call initiated @ 222 levels. Trail stop to cost.

ANS :- EDUCOMP FEB FUT CMP 230 Take full profits on our Long call initiated @ 222 levels.BPP done @ 226.7 levels. Profit per lot Rs 6350/-

01/02/2012 EQUITY TIPS 02/02/2012 BOOK FULL PROFIT

QUE:- BUY EDUCOMP CMP 221 SL 215.9 TGT 232 2-3 D AYS

ANS :- EDUCOMP CMP 226.25 Take part profits on our Long call initiated @ 221 levels. Trail stop to cost.

ANS :- EDUCOMP CMP 228.90 Take full profits on our Long call initiated @ 221 levels.BPP done @ 226.25 levels.

02/02/2012 EQUITY INTRADAY FUTURE TIPS 02/02/2012 BOOK FULL PROFIT

QUE:- INTRADAY BUY ULTRATECH FEB FUT CMP 1262 BFP 1285 SL 1249.9

ANS :- ULTRATECH FEB FUT CMP 1275 Take full profits on our Intraday Long call initiated @ 1262 levels. Profit per lot Rs 3250/-

02/02/2012 EQUITY INTRADAY FUTURE TIPS 02/02/2012 BOOK FULL PROFIT

QUE:- INTRADAY SELL YES BANK FEB CMP 334 BFP 328 SL 337

ANS :- YES BANK FEB FUT CMP 331 Take full profits on our Intraday Short call initiated @ 334 levels. Profit per lot Rs 3000/-

02/02/2012 STOCK OPTIONS TIPS 02/02/2012 book full profit

QUE:- STOCK OPTION TIPS BUY AMBUJA CEM FEB 170 CA CMP 4.50 SL 1.80 BFP 8 4-5 DAYS

ANS :- STOCK OPTIONS TIPS AMBUJA CEM 170 CALL CMP 6.20 TAKE PART PROFIT ON OUR LONG CALL INITIATED AT 4.45 LEVEVLS.

01/02/2012 ACE EQUITY TIPS 02/02/2012 BOOK FULL PROFIT

QUE:- ACE EQUITY BUY GAIL FEB FUT CMP 379 SUGGESTED LOTS 2 QUANTITY 1000 SHARES SL—369.9 BFP 395. 2-3 DAYS

ANS :- CHEERS GAIL FEB CMP 388.2 CURRENT PROFITS AT RS.9250 ON OUR LONG CALL AT 379 LEVELS ON OUR SUGGESTED QUANTITY OF 1000 SHARES.RISK AVERSE TRADERS CAN TAKE FULL PROFITS OTHERS WITH MULTIPLE QUANTITY TAKE PART PROFITS AND TRAIL TO COST.

02/02/2012 EQUITY INTRADAY FUTURE TIPS 02/02/2012 BOOK FULL PROFIT

QUE:- INTRADAY BUY JPASSOCIATE FEB FUT CMP 74.5 SL 73.20 BFP 76.8

ANS :- JP ASSOCIAT FEB FUT CMP 75.25 Take full profits on our Intraday Long call initiated @ 74.5 levels. Profit per lot Rs 3000/-

02/02/2012 EQUITY TIPS 02/02/2012 BOOK FULL PROFIT

QUE:- INTRADAY BUY JPASSOCIATE CMP 74.9 SL 73.90 BFP

ANS :- JP ASSOCIAT CMP 75.65 Take full profits on our Intraday Long call initiated @ 74.9 levels.

For More Information

Contact no:

+91-9768146205

+91-22-6748 4000

For 2 Days Free Trial Test, please visit this website at http://www.devangvisaria.com

Devang visaria is EXPERT Analyzer in stock market they provide Great tips accurate 90% to 95%.Like intraday calls, Intraday tips, equity calls, Equity Tips, commodity calls, Commodity tips, stock market call, Stock Tips, Share market calls, share market tips.

STOCK MARKET EQUITY FUTURE TRADING & INTRADAY TIPS

noreply@blogger.com (Unknown) — Fri, 27 Jan 2012 05:08:00 +0000

24/01/2012 EQUITY TIPS 25/01/2012 BOOK FULL PROFIT

QUE:- BUY APOLLO TYRE FEBT CMP 66.5 SL-- 63 BFP 72 2-3 DAYS

ANS :- APOLLO TYRE CMP---68.2 Take part profits on our Long call initiated @ 66.5 levels. Trail stop to cost.

ANS :- APOLLP TYER CMP---68.50 Take full profits on our Long call initiated @ 66.5 levels.BPP done @ 68.2 levels.

25/01/2012 EQUITY TIPS 25/01/2012 BOOK FULL PROFIT

QUE:- INTRADAY-- BUY HINDALCO CMP 144.50 BFP 148.50 SL 142

ANS :- HINDALCO CMP---146 Take full profits on our Intraday Long call initiated @ 144.50 levels.

25/01/2012 EQUITY INTRADAY FUTURE TIPS 25/01/2012 BOOK FULL PROFIT

QUE:- INTRADAY-- BUY HINDALCO FUT JAN CMP 144 BFP 148 SL 141.9

ANS :- HINDALCO FUT CMP---146 Take full profits on our Intraday Long call initiated @ 144 levels.Profit per lot Rs 4000/-

24/01/2012 ACE EQUITY 25/01/2012 BOOK FULL PROFIT

QUE:- ACE EQUITY BUY APOLLO TYRE FEB FUT CMP-- 66.6 SUGGESTED LOTS 2 QUANTITY 8000 SHARES SL- 63.9 BFP-72 2-3 DAYS

ANS :- ACE EQUITY APOLLO TYRE FEB FUT CMP----69 BOOK FULL PROFITS ON OUR LONG CALL AT 66.60 LEVELS.RS19200 PROFITS ON SUGGESTED QTY OF 8000 SHARES.

25/01/2012 EQUITY FUTURE INTRADAY TIPS 25/01/2012 book full profit

QUE:- INTRADAY-- BUY MCDOWELL JAN FUT CMP 591.5 BFP 599 SL 586.9

ANS :- MCDOWELL FUT CMP---603 Take full profits on our Intraday Long call initiated @ 591.5 levels.Profit per lot Rs 2875/-

25/01/2012 EQUITY TIPS 25/01/2012 BOOK FULL PROFIT

QUE:- INTRADAY-- BUY MCDOWELL CMP 592.5 BFP 600 SL

ANS :- MCDOWELL CMP---603 .50 Take full profits on our Intraday Long call initiated @ 592.5 levels.

24/01/2012 NCDEX AGRY TIPS 24/01/2012 book full profit

QUE:- Trading Sell NCDEX KAPAS Apr CMP--959 SL---979.2 BFP---920 1-2 days

ANS :- NCDEX KAPAS Apr CMP---938 Take part profits on our short call initiated @ 959 levels.Trail stop to cost

ANS :- NCDEX KAPAS Jan CMP---929 Book full profits on our short call initiated @ 959levels.BPP done @ 938 levels.

23/01/2012 STOCK OPTION TIPS 25/01/2012 book full profit

QUE:- STOCK OPTION TIPS BUY TATAMOTORS 220 CALL JAN CMP 4.70 SL 0.70 BFP 10 2-3 DAYS

ANS :- STOCK OPTION STRATEGY TATASTEEL BULL SPREAD RATIO BUY 1 440 CALL AND SELL 2 460 CALL INITIATED AT A COST OF 3.30 CURRENT RATE AT 4.5. TRADARES TEK FULL PROFIT.

For More Information

Contact no:

+91-9768146205

+91-22-6748 4000

For 2 Days Free Trial Test, please visit this website at http://www.devangvisaria.com

NCDEX SOYABEAN– FEB Contract (CMP `2538)

noreply@blogger.com (Unknown) — Tue, 17 Jan 2012 09:36:00 +0000

NCDEX SOYABEAN FEB contract
OPEN	`2561
HIGH	`2572
LOW	`2534
CLOSE	`2538

NCDEX SOYABEAN– FEB Contract (CMP `2538)

Technical Outlook & Trading Strategy:-

The key observation to be made on the price chart of Soyabean is that the price movement is taking the shape of a bearish Head & Shoulders pattern. This is an extremely bearish price pattern with negative implications for future price movements in the near term to short term. We expect the prices to correct to 2470 - 2450 levels in the near term.

The RSI indicator is also in sell mode.

Keeping in mind the above observations we recommend traders to sell at current levels and again on highs to 2550—2555 for near term targets of 2490 - 2470 levels. A near term stop loss of 2576 is advisable on all short positions.

Stock Market Tips, Stock Market India, Commodity Tips India

Intraday Tips • NCDEX Tips• Share Market • Stock Market

noreply@blogger.com (Unknown) — Tue, 27 Dec 2011 11:50:00 +0000

Devang visaria Trading And Investment Consultant is a major Share Advisory Company, having a powerful hold in providing most genuine and correct A Equity Tips as well as Commodity Tips. We are a team of highly capable and experienced experts, who produce their experience in offering share exchange calls for investors which include tips like Inventory Guidelines, Investment Guidelines, MCX Guidelines, A guarantee Guidelines and Intraday Guidelines. All solutions are offered through SMS and Quick Messenger.

Our studies based around these services:

• Equity Tips •Commodity Tips • Stock Tips • Intraday Tips • NCDEX Tips• Share Market • Stock Market

For 5 Days Trial Test, please visit this website at http://www.devangvisaria.com or please call our Client Care Support us at +91 ,9768146205 Or email us at: devang@devangvisaria.com or anil@devangvisaria.com.

26/12/2011 Commodity NCDEX Trading calls 27/12/2011 book full profit

Que:- Trading Buy NCDEX Kapas CMP--773 btwn(772 -775) SL---759 BFP---795/810 1-2 days(For disclaimer visit www.devangvisaria.com )

Ans :- NCDEX Kapas CMP---790.5 Take part profits on our Long call initiated @ 773 levels. Trail stop to cost.

Ans :- NCDEX Kapas CMP---810 All target achived Take full profits on our Long call initiated @ 773 levels.BPP Done @ 790.50 Levels.Profit per lot Rs 5450/-

27/12/2011 Equity Intraday calls

Que:-Intraday Buy M&M Dec Fut CMP--- 707 SL---699.4 BFP---716 (For disclaimer visit www.devangvisaria.com )

Ans :- M&M Dec Fut CMP---711 Take full profits on our Intraday Long call initiated @ 707 levels.Profit per lot Rs 2000/-

27/12/2011 Equity Intraday calls

Que:-Intraday Buy Titan Dec Fut CMP--- 173.5 SL---171.8 BFP---176 (For disclaimer visit www.devangvisaria.com/) )

Ans :- Titan Dec Fut CMP---174.8 Take full profits on our Intraday Long call initiated @ 173.5 levels.Profit per lot Rs 3250/-

26/12/2011 Equity BTST calls 27/12/2011 book full profit

Que:-BTST (Buy today Sell tomorrow) Infosys Dec Fut CMP---2775 (For disclaimer visit www.devangvisaria.com/)

Ans :- Infosys Dec Fut CMP---2798.5 Take full profits on our BTST call initiated @ 2775 levels. Profit per lot Rs 2937.5/-

COMMODITIES TO WATCH MCX Gold Dec

noreply@blogger.com (Unknown) — Mon, 24 Oct 2011 05:32:00 +0000

MCX Gold Dec CMP— Rs 26768.00
Technical Outlook & Trading Strategy:-

After the sharp correction from the all time highs of Rs 28744 levels, the price of Gold have been rading in an extremely narrow range over the past 2-3 weeks of trade. But the prices have been taking support at its key moving average clusters on every correction. It has also closed at its 34 day EMA during the previous session. We believe that a sustained break above the Rs 26800 levels will see the price of gold breaking out of this trading range and thus test levels of Rs 26950 / Rs 27140 levels.

We recommend traders to take long positions above Rs 26800 levels with a stop loss placed below Rs 26663 levels for upside targets of mentioned above.

NCDEX PEPPER Nov Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Unknown) — Mon, 24 Oct 2011 05:28:00 +0000

The price of pepper witnessed a strong rally from the lows of Rs 27900 levels to register an all
time high of Rs 37190 levels. Since then the price of pepper have been trading in a narrow range. But, the key observation to be made on the chart above is the formation of a bearish Head & shoulder price pattern with a declining neckline support within this trading range. Traders would note that the formation of this pattern is an extremely bearish sign and can lead to severe correction in the future price movements of an index/stock/commodity. The neckline support for the said pattern in placed at the Rs 34800 levels. We believe that the price can correct to its neckline support levels in the near future. Also, a sustained breakdown below this neckline support will lead to an increase in supply pressure and this could open up downside targets of Rs 33800 levels.

Another technical factor that confirms the bearishness depicted by the price action is the sell
signal given by the RSI indicator backed by a negative divergence.

We recommend traders to sell below Rs 35300 levels with a stop loss placed above Rs 35897 levels for downside targets of Rs 34750 / Rs 33800 levels.

COMMODITIES TO WATCH 14th Oct

noreply@blogger.com (Unknown) — Fri, 14 Oct 2011 05:20:00 +0000

NCDEX Soya Oil Ref Nov CMP—Rs 594.65

Technical Outlook & Trading Strategy:-
The price of Soya Oil ref witnessed a pullback from oversold levels during the past 2-3 sessions of trade. The fall witnessed during the previous sessions has led to the formation of a 2-bar bearish reversal pattern on the daily charts. This is a sign that the price can now test is recent lows. The momentum indicators continue to trade in bearish mode despite the recent pullbacks.

We recommend traders to take short positions between Rs 593.90--Rs 596 levels with a stop loss placed above Rs 599.40 levels for downside targets of Rs588 / Rs 582 levels expected to be achieved over the upcoming 3-4 sessions of trade.

MCX ALUMINIUM OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Unknown) — Fri, 14 Oct 2011 05:12:00 +0000

The levels between Rs 105 to Rs 112.50 have been the broad trading range for the price of aluminium for the past few sessions of trade. But, the key observation to be made on the chart above is the formation of a bearish Head & shoulder price pattern within this trading range.

Traders would note that the formation of this pattern is an extremely bearish sign and can lead to severe correction in the future price movements of an index/stock/commodity. The neckline support for the said pattern in placed at the Rs 106 levels. We believe that the price can correct to its neckline support levels in the near future.

Another technical factor that confirms the bearishness depicted by the price action is the sell
signal given by the RSI indicator backed by a negative divergence.

We recommend traders to sell below Rs 107.35 levels with a stop loss placed above Rs 108.85 levels
for downside targets of Rs 106 / Rs 104.75 levels.

COMMODITIES TO WATCH 11th Oct

noreply@blogger.com (Unknown) — Tue, 11 Oct 2011 05:31:00 +0000

NCDEX KAPASRNR Apr2012 CMP—Rs 732.80

Technical Outlook & Trading Strategy:-

After the sharp correction from the highs of 780.80 levels, the price of Kapas had been consolidating within a
narrow range of Rs 739.50 to Rs 719 levels. But, the price action of Kapas within this consolidation range has taken the shape of a bullish inverted head & shoulders price pattern. Traders would note that this is an extremely bullish price pattern and is a sign that the price of Kapas will trade with a positive bias for the upcoming few sessions of trade.

We recommend traders to take Long positions between Rs 735--Rs 730 levels with a stop loss placed below Rs 717.40 levels for upside targets of Rs 750 / Rs 775 levels expected to be achieved over the upcoming 4-5 sessions of trade.

MCX LEAD OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Unknown) — Tue, 11 Oct 2011 05:29:00 +0000

The price of Lead has been consolidating between Rs 100.50 to Rs 94.50 levels over the past few sessions of trade. The price was also facing stiff resistance at its 8-day moving average on pullbacks. But, the smart move witnessed during the previous session of trade has helped the price of lead to register a close above its key near term moving average. This is a sign that the prices of lead are going to trade with a positive bias and thus test levels of Rs 99.50 and / or Rs101.25 levels.

Strong surge in volumes and a fresh buy signal given by the MACD indicator support the bullish price action mentioned above.

We recommend traders to buy between Rs 97.50--Rs 98.25 levels with a stop loss placed above Rs 96.40 levels for upside targets of Rs 99.75 / Rs 101.25 levels expected to be achieved over the upcoming 3-4 sessions of trade.

COMMODITIES TO WATCH 10 Oct

noreply@blogger.com (Unknown) — Mon, 10 Oct 2011 05:42:00 +0000

NCDEX Pepper Oct CMP—Rs 36100.00

Technical Outlook & Trading Strategy:-

We reiterate our bullish bias on the price of pepper. As mentioned in our previous note the price of pepper was
consolidating in a narrow trading range over the past few sessions of trade, since it corrected from its all time
highs. The key moving average clusters have been providing good support for the price of pepper. The
momentum indicators continue to trade in buy mode despite the recent correction.
We recommend day / positional traders to take Long positions between Rs 36040-- Rs 36200 levels with a stop loss placed below Rs 35620 levels for upside targets of Rs 36780 / Rs 370000 levels.

NCDEX JEERA OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Unknown) — Mon, 10 Oct 2011 05:40:00 +0000

The price of Jeera witnessed a sharp correction during the previous week. This steep fall took the indicators into extremely oversold zone. The key observation to be made is the 3-bar reversal candlestick pattern as highlighted in the chart above. Also, the RSI indicator has come out of the oversold zone indicating that the prices could now pullback from lower levels and in the process test its key moving average clusters placed around the Rs 15000—Rs15150 price zones.

Hence, the current technical setup suggests that the prices of Jeera can trade in pullback mode.

We recommend traders to buy between Rs 14760--Rs14660 levels with a stop loss placed below `14509 levels for upside targets of Rs15000 / Rs15150 levels expected to be achieved over the upcoming 2-3 sessions of trade.

MCX Pepper Oct CMP—Rs 35840.00

noreply@blogger.com (Anonymous) — Fri, 07 Oct 2011 05:08:00 +0000

Technical Outlook & Trading Strategy:-

We reiterate our bullish bias on the price of pepper. As mentioned in our previous note the price of pepper was consolidating in a narrow trading range over the past few sessions of trade, since it corrected from its all time highs.

The key moving average clusters have been providing good support for the price of pepper.

The momentum indicators continue to trade in buy mode despite the recent correction.

We recommend day / positional traders to take Long positions on a break above Rs 36200 levels with a stop loss placed below Rs 35620 levels for upside targets of Rs 36780 / Rs 370000 levels.

MCX ZINC OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Anonymous) — Fri, 07 Oct 2011 04:58:00 +0000

The price of Zinc has been trading in a narrow range of Rs 90 to Rs 93.80 levels since it witnessed a sharp correction from the highs of Rs 105.15 levels as on 13th Sep, 2011.

But the most important observation to be made on the charts of Zinc is the positive divergence displayed by the RSI indicator.

It signals that the downward movement of the price could have lost force and in all
likelihood this can lead to some kind of an advance.

Hence, the current technical setup suggests that a sustained break above the 8 day moving average placed at the Rs 93 levels will see the price of zinc testing levels of Rs 95.60 and/or Rs 97.50 levels on the upside.

We recommend traders to buy on a break above Rs 93 levels with a stop loss placed below Rs 91.45 levels for upside targets of Rs 95.60 / Rs 97.50 levels expected to be achieved over the upcoming 3- 4 sessions of trade.

MCX ZINC OCT. CONTRACT OPEN Rs 92.40 HIGH Rs 92.75 LOW Rs 90.75 CLOSE Rs 92.50

MCX Pepper Oct CMP—Rs 36005.00

noreply@blogger.com (Anonymous) — Wed, 05 Oct 2011 05:06:00 +0000

Technical Outlook & Trading Strategy:-

The price of pepper was consolidating in a narrow trading range over the past few sessions of trade, since it corrected from its all time highs.

The key moving average clusters have been providing good support for the price of pepper.

The price witnessed a smart upmove during the previous sessions of trade and closed above this narrow trading range.

The momentum indicators continue to trade in buy mode despite the recent correction.
We recommend day / positional traders to take Long positions on a break above Rs 36200 levels with a stop loss placed below Rs 35620 levels for upside targets of Rs 36780 / Rs 370000 levels.

NCDEX JEERA OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Anonymous) — Wed, 05 Oct 2011 04:59:00 +0000

The price of Jeera has been trending up for the past few years. Every correction from higher levels has been taking support at the rising trendline.

But, the first bearish signal arose when the recent rally that began from the trendline support could only register a lower top of Rs 16948 levels as on 24th June, 2011.

The recent sell-off from the highs mentioned above has dragged the prices below its moving average clusters support.

This could see the price of Jeera correcting towards levels of Rs 14240 / Rs 13970. The MACD indicator has given a fresh sell signal backed by a negative divergence.

We recommend traders to sell between Rs 14550--Rs 14430 levels with a stop loss placed above Rs 14773 levels for down targets of Rs 14240 / Rs 13970 levels expected to be chieved over the upcoming 3-4 sessions of trade.

MCX Crude Oct CMP—Rs 3835.00

noreply@blogger.com (Anonymous) — Tue, 04 Oct 2011 05:00:00 +0000

Technical Outlook & Trading Strategy:-

We reiterate our bearish outlook on the price of crude. As mentioned in the previous update the price action of crude since 24th Aug, 2011 has been taking shape of a bearish Head & shoulders pattern on its daily charts.

The price has now approached its neckline support levels placed around the Rs 3820--Rs 3800 levels.

Sustenance below these levels will lead to severe corrections in the prices of crude oil.

We recommend day / positional traders to take short positions between Rs 3850--Rs 3790 levels with a stop loss placed above Rs 3889 levels for downside targets of Rs 3740 / Rs 3700 levels expected to be achieved over the upcoming 2-3 sessions of trade.

NCDEX CHANA OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Anonymous) — Tue, 04 Oct 2011 04:55:00 +0000

The price of Chana fell sharply from the highs of Rs 3700 levels during the last week.

The correction took the price its key support levels established by the Fibonacci retracements and moving average clusters.

One can clearly see from the chart above, that the price gave a smart bounce from these support levels and this led to the formation of a two bar bullish reversal pattern on the daily charts of Chana.

These technical factors suggest that the price of Chana is likely to give a pullback and thus test levels of Rs 3275 / Rs 3355 levels over the upcoming week.

We recommend traders to buy 50% between Rs 3200--Rs 3180 levels and 50% on dips between Rs 3139--Rs 3120 levels with a stop loss placed below Rs 3089 levels for upside targets of Rs 3275 / Rs 3355 levels expected to be achieved over the upcoming 3-4 sessions of trade.

MCX Crude Oct CMP—Rs 3933.00

noreply@blogger.com (Anonymous) — Mon, 03 Oct 2011 05:00:00 +0000

Technical Outlook & Trading Strategy:-

The price action of crude since 24th Aug, 2011 has been taking shape of a bearish Head & shoulders pattern on its daily charts.

This is an extremely bearish price pattern and signifies distribution and can lead to severe correction in the price of an index/stock or a commodity.

The prices have been trading below its key moving average clusters and the momentum indicators have been trading in sell mode.

We recommend day / positional traders to take short positions between Rs 3920--Rs 3950 levels with a stop loss placed above Rs 3993 levels for downside targets of Rs 3875 / Rs 3840 levels expected to be achieved over the upcoming 2-3 sessions of trade.

MCX NICKEL OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Anonymous) — Mon, 03 Oct 2011 04:56:00 +0000

The price of Nickel has been in a downtrend since it started correcting from the highs of Rs 1327 levels as on 21st Feb, 2011.

As outlined in the chart above, the prices have been facing supply pressure at the downtrend line resistance.

After the sharp fall witnessed during the past week the prices were trading in a narrow range.

It, has now registered a Reverse pennant / Bearish Flag pattern breakdown as shown in the chart above.

The Bearish/ Reverse flag pattern breakdown is a continuation pattern and suggests that Index / stock or the commodity prices will continue with its downtrend and move down further after consolidating for a few sessions of trade.

The momentum indicators continue to trade in sell mode despite the recent pullback from lower levels.

We recommend traders to sell between Rs 880--Rs 870 levels with a stop loss placed above Rs 899.40 levels for downside targets of Rs 848 / Rs 827 levels expected to be achieved over the upcoming 3-4 sessions of trade.

noreply@blogger.com (Nilesh Shukla) — Sat, 01 Oct 2011 10:14:00 +0000

NCDEX Turmeric Oct CMP—Rs 4566.00

noreply@blogger.com (Anonymous) — Fri, 30 Sep 2011 04:47:00 +0000

Technical Outlook & Trading Strategy:-

The price of turmeric has been in a strong downtrend since the past 1year and the prices have gone through severe correction.

But, the first technical factor that signals a near term to short term reversal in the trend is that the momentum indicators are giving a buy signal.

Secondly, the price has registered a close above its 8day moving average which had been acting as stiff resistance on every pullback and finally the steady rise in volumes signal a reversal.

We recommend day / positional traders to take long positions between Rs 4600--Rs 4520 levels with a stop loss placed below Rs 4449 levels for upside targets of Rs 4725 / Rs 4850 levels expected to be achieved over the upcoming 2-3 sessions of trade.

MCX ALUMINIUM OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Anonymous) — Fri, 30 Sep 2011 04:43:00 +0000

The price of Aluminium witnessed a mild correction from its downtrend line resistance levels which brought it into its strong support zones of Rs 106.25--Rs 107.80 levels.

We would like to point out that this strong support held on even when the other base metals witnessed severe correction on the back of huge supply during the previous few sessions of trade.

The steady rise in volumes over the past few sessions of trade is probably a sign of accumulation in the counter at these support levels.

The RSI indicator has also given a buy signal backed by a positive divergence. All the above mentioned technical factors point that the price of aluminium are likely to witness a pullback towards the Rs 112.25 / Rs 113 levels and test its downtrend line resistance.

We recommend traders to buy between Rs 109.25--Rs 108.75 levels with a stop loss placed below Rs 107.45 levels for upside targets mentioned above.

MCX ALUMINIUM OCT. CONTRACT OPEN Rs 107.70 HIGH Rs 109.25 LOW Rs 107.20 CLOSE Rs 109.15

MCX Crude Oil Oct CMP—Rs 4029.00

noreply@blogger.com (Anonymous) — Thu, 29 Sep 2011 04:56:00 +0000

Technical Outlook & Trading Strategy:-

The price action of Crude oil since 26th Aug, 2011 levels has been taking shape of a bearish head & shoulders price pattern on its intraday charts.

The formation of this price pattern is a bearish sign and further weakness from current levels could bring about a sharp correction in the prices of crude oil.

The momentum indicators are trading in sell mode and still showing signs of weakness despite the recent pullback from the lows of Rs 3853 levels.

We recommend day / positional traders to take short positions between Rs 4050--Rs 4005 levels with a stop loss placed above Rs 4101 levels for downside targets of Rs 3940 / Rs 3890 levels.

NCDEX SOYAOIL REF. OCT Contract – Technical Outlook & Trading Strategy

noreply@blogger.com (Anonymous) — Thu, 29 Sep 2011 04:50:00 +0000

The price of Soya oil witnessed a sharp correction from the highs of Rs 659.45 levels as on 14th Sep, 2011 and broke down below its key support zones placed between the Rs 639--Rs 637.40 levels.

Traders would also note from the chart above that the recent correction was on the back of strong surge in volumes, indicating strong supply pressure in the counter.

Some of the other technical factors that support the bearish outlook are that the price is now trading below its moving averages and the MACD indicator is also trading in sell mode.

We believe that the price of soya oil can test levels of Rs 624.50 / Rs 621.75 levels.
We recommend traders to sell between Rs 629.25--Rs 631.50 levels with a stop loss placed above Rs 635.65 levels for downside targets mentioned above.