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Equity

Commodity

Description

KEDIA: BUY COPPER ABV 418.80 SL BELOW 415.60 TGT 421-424.60. CMP: 418.80. MCX

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CMP

416.5

Support-1

416.0

Support-2

413.0

Resistance-1

419.0

Resistance-2

422.0

Description

Now for today on downside support at 416..If trades below 416 then next 413-411 will be seen on screen…On higher side today resistance area for today is at 419-420 range again….So try to buy on some dips….

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CMP

32180.0

Support-1

32000.0

Support-2

31800.0

Resistance-1

32250.0

Resistance-2

32400.0

Description

Any time if Gold manage to close above 32200 then more upside will be seen..Next resistance area on higher side is at 32400-32500 area…On downside support at 32000. On lower side $1285 is crucial level in Futures, if close below this level then only some correction will be seen..So keep eye on levels and then trade according to the trend…

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CMP

3690.0

Support-1

3650.0

Support-2

3580.0

Resistance-1

3730.0

Resistance-2

3775.0

Description

As recommended here on 10th Jan that Exit buy positions on rallies till 3750…Now for today it can open little lower and 3550 will be the support area…3450-3500 will be the area for reentry of long positions…So again buying from those levels will be seen….

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CMP

175.75

Support-1

175.0

Support-2

172.0

Resistance-1

178.0

Resistance-2

179.5

Description

Now for today support area at 174.50-175 and will find resistance on small rallies…If today break below 175, then again downside will be seen towards 173-172 ranges….On higher side 177-178 will be the short term resistance area..As written here yesterday to buy on declines..Now again small decline will find supports till afternoon…

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