Author: Chandni

Technical Levels of Major MCX Commodities  MAJOR ECONOMIC DATA FOR THE DAY No Major Economic data for the day Gold Gold has support at 47800 and resistance at 48000. Break and sustain below 47800 will take it to the next support level of 47700….47600 and sustainable trade above 48000 and see further upside move towards the next resistance level of 48100…48200. Silver Silver has support at 61700 and resistance at 62100. Break and sustain below 61700 will take it to the next support level of 61300…61000 and sustainable trade above 62100 and…

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CHART IDEA ON PRAJ INDUSTRIES The stock formed a FLAG and POLE pattern on the daily chart. A FLAG and POLE Pattern is a bullish pattern, and it signals the continuation of a bullish trend after a pause, and the price is about to move higher. We have seen a strong bull run in the past few trading sessions. Technical Analysis Strong volume in the stock also indicates a fresh bull run in the stock in days to come. We will expect a major rebound in this stock in days to come. The momentum…

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Bulls maintain firm grip on Dalal Street amid positive global cues as indices rally for 4th straight session. At close, the Sensex was up 533.15 points or 0.88 percent to close at 61,150.04.  Nifty was up 156.50 points or 0.87 percent to close at 18,212.30. About 1,694 shares have advanced, 1554 shares declined, and 54 shares are unchanged. The broader market outperformed the main indices. Nifty Mid Cap gained 1.25% while Small Cap index was up 0.9%. MARKET SUMMARY Led by realty, auto, energy, and banking stocks, benchmark indices continued their winning streak despite the fast…

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Dear Followers, Today Mindtree and Tata Metaliks will publish their quarterly results. Here are technical view of the stocks. Kindly trade safely because of expected volatility due to the Quarterly Results Announcement. Mindtree Stock has formed a good base around 4532, while resistance is at 4678. If it sustains above 4678 then stock price is likely to move for 4733. Sustainable trade below 4532 will enter the stock into downward territory and may take it to 4450 levels. Tata Metaliks, Stock has given a vertical trendline breakout on 4 hours time frame which is indicating a…

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Technical Levels of Major MCX Commodities MAJOR ECONOMIC DATA FOR THE DAY 7:00 PM CPI m/m 7:00 PM Core CPI m/m 9:00 PM Crude Oil Inventories Gold Gold has support at 47680 and resistance at 47800. Break and sustain below 47680 will take it to the next support level of 47520..47400 and sustainable trade above 47800 and see further upside move towards the next resistance level of 47900…48000. Silver Silver has support at 60900 and resistance at 61400. Break and sustain below 60900 will take it to the next support level of 60600…60100 and…

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MCX Commodities Major Support and Resistance levels for 12th Jan 2022 Major support and resistance levels of  – Gold, Silver, Copper, Nickel, Aluminium, Lead, Zinc, Crude, and Natural Gas. Trade with levels only. For any query call your RM. Above FREE Information is only for knowledge and education purposes. Kindly read disclaimer on our website before trading / investing.

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Dear Followers, Today Infosys, Wipro, and TCS will publish their quarterly results. Here are technical view of the stocks. Kindly trade safely because of expected volatility due to the Quarterly Results Announcement. Infosys, stock looks Bullish on charts with Immediate support around 1845, while Resistance is at 1915. If sustained above 1915 stock price is likely to move for 1960 and then 2000 levels. Sustainable trade below 1845 may take it to 1800 levels.   Wipro, stock looks Bullish on charts with Immediate support around 680, while Resistance is at 705. If sustained above 705…

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Bulls continued the positive momentum in Indian Stock Market for the third day in a row. At close, Sensex was up 221.26 points or 0.37% to close at 60,616.89. Nifty was up 52.50 points or 0.29% to close at 18,055.80. About 1757 shares have advanced, 1481 shares declined, and 55 shares are unchanged. The Nifty Midcap 100 index closed 0.1% higher. Stock Market Summary The stock market indices ended higher at the end of trading session on January 11. After a flat opening, the index made an intraday low at 17,964.40 levels and manage to close…

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Technical Levels of Gold and other Major Commodities MAJOR ECONOMIC DATA FOR THE DAY 8:30 PM Fed Chair Powell Testifies Gold Gold has support at 47480 and resistance at 47620. Break and sustain below 47480 will take it to the next support level of 47330..47200 and sustainable trade above 47620 and see further upside move towards the next resistance level of 47750…47850. Silver Silver has support at 60600 and resistance at 61000. Break and sustain below 60600 will take it to the next support level of 60200…59800 and sustainable…

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MCX Commodities Major Support and Resistance levels for 11th Jan 2022 Major support and resistance levels of  – Gold, Silver, Copper, Nickel, Aluminium, Lead, Zinc, Crude, and Natural Gas. Trade with levels only. For any query call your RM. Above FREE Information is only for knowledge and education purposes. Kindly read disclaimer on our website before trading / investing.

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