Never depend on single income. Make investment to create a second source.

– Warren Buffett

DAILY MARKET ANALYSIS

19 Feb 2019

Market Overview
Nifty if remains below 10700 may test 10560 soon!!
Nifty Feb futures has broken the important support mark of 10700, if Nifty further manages to remain below its major level of 10700 we may see intermediate bear rally to continue till 10560.Nifty has also broken the important trend line on daily chart while indicators are showing a sign of further weakness on higher side Nifty has an immediate resistance 10700 & 10760

Recommendation:
It is advisable for day traders maintain sell on rise strategies, if Nifty further retest the levels of 10700 -10720 while on downside Nifty can test the level of 10640 & 10600.One should maintain the stop loss of 10760 on higher side.
Commodity Report
METALS MARKETS EYE POTENTIAL IMPACT FROM US-CHINA TALKS
Metals markets have been whipsawing around on the ebbs and flows of the outcome, be it positive or negative, of the ongoing US-China trade war; leading to volatility and uncertainty.

ALUMINIUM TECHNICAL OVERVIEW
After breaking a rising channel Aluminum MCX February Futures is sustaining below it and making a continuous Flag pattern. Overall it is looking bearish so traders can go for sell on rise strategy. On the down side if it breaks the support level of 130.20 and sustains below if then we can expect the levels of 129.20 & 128.20. On the upside if it breaks the level of 132.50 then it can test the level of 133.50 & 134.40
InstrumentsSupport 1Support 2PivotResistance 1Resistance 2
Nifty1062010480107001076010800
BankNifty2670026500268002700027200
Gold3345033365335503363033735
Silver4005039850402304030040548
Crude39173967398840104058
Copper433.5439.8447450454.6
Nickel875.3858.3881885900
Market Overview
Market Overview
Nifty if remains below 10700 may test 10560 soon!!
Nifty Feb futures has broken the important support mark of 10700, if Nifty further manages to remain below its major level of 10700 we may see intermediate bear rally to continue till 10560.Nifty has also broken the important trend line on daily chart while indicators are showing a sign of further weakness on higher side Nifty has an immediate resistance 10700 & 10760

Recommendation:
It is advisable for day traders maintain sell on rise strategies, if Nifty further retest the levels of 10700 -10720 while on downside Nifty can test the level of 10640 & 10600.One should maintain the stop loss of 10760 on higher side.
Commodity Report
Commodity Report
METALS MARKETS EYE POTENTIAL IMPACT FROM US-CHINA TALKS
Metals markets have been whipsawing around on the ebbs and flows of the outcome, be it positive or negative, of the ongoing US-China trade war; leading to volatility and uncertainty.

ALUMINIUM TECHNICAL OVERVIEW
After breaking a rising channel Aluminum MCX February Futures is sustaining below it and making a continuous Flag pattern. Overall it is looking bearish so traders can go for sell on rise strategy. On the down side if it breaks the support level of 130.20 and sustains below if then we can expect the levels of 129.20 & 128.20. On the upside if it breaks the level of 132.50 then it can test the level of 133.50 & 134.40
Support and Resistance
InstrumentsSupport 1Support 2PivotResistance 1Resistance 2
Nifty1062010480107001076010800
BankNifty2670026500268002700027200
Gold3345033365335503363033735
Silver4005039850402304030040548
Crude39173967398840104058
Copper433.5439.8447450454.6
Nickel875.3858.3881885900

Lion of the market

With an aim to grow client’s equity consistently, we introduce Investment Advisors providing Investment and Trading recommendations with all due diligence and best Technical Analysis Research. Our focus lies in managing the risk clients are exposed to and gain most out of the trading opportunities.

Our Mission

To create successful traders and Investors throughout the country with disciplined trading and risk management tools.

Our Vision

To grow client’s equity consistently and educate clients on benefits of risk management and basic rules of trading and investing.

OUR PROCESS

TESTIMONIALS

Get free demo