TFactory

TFactory

Reliance 1980 is a support zone...bearish trading below daily 200 ma...target 1930/1900/1840...We can have a short bounce back till 2016/2030/2055/2070...Unless Sustains above 2090 no positional buying.

TFactory

1460 major support, possible rebound till 1527/1550/1570, buy above 1510 for these trgts Needs to sustain above 1527 for any positional buy, possible sell near 1525-1540, hourly price channel

05:23

TFactory

Crude look for a sell in the zone of 61.8 to 62.8...A strong closure below 59.4 is indicative of lower prices targeting 57.4 and 55/54. A buy looks on an intraday basis with a stop loss of 59.4 and target of 61.8/62.8

TFactory

Monthly bearish candle formation, need to be careful on long Immediate support 3050 and above 3080 can come into a buy for 3150-3170 Needs to sustain below 3050 for any positional sell, 2645 is a possibility

03:08

TFactory

Above 2364, 2600+ Possible. weekly channel resistance and monthly channels, 2210-2230 immediate support

TFactory

Banknifty to test 28600/27000 in the near future. Any sell will hold a sl of 30000. Sl hunting is a probability so playing aorund with monthly pe options seems more profitable

TFactory

Banknifty has broken a crucial support level to venture into the lower trading range of 21000. Selling for a target of 21000 is the immediate trade.

TFactory

Gold lower limit will be $1920 and upper limit will be $1990. Buying Gold near $1920-1940 area for a target of $1990 will be the safe and long term trades. Breaking above $1990 can lead to gold making new highs which is highly likely keeping the uncertainties in mind that market as right now.

TFactory

Crude will be in a range of $39 to $43 in the month of October. More probabilities of breaking the upper circuit to test $45 and $49. But a news pertaining to lockdown in U.K can drag it below $39. Best buying range $39-$39.7 for a target of $43 with a Stop of $36.5.

TFactory

Gold as predicted has tested all lower levels. Now preparing to break the highs in coming month.

TFactory

Bank Nifty going down

TFactory

Crude can go up only on a strong closure above 38.3 on a daily basis. Most likely we will see a drop tomorrow to test the important levels of 35-34$. If it breaks we are in for a free fall in crude to below 30$ levels.

TFactory

Gold jumping from the support of 50500 is forming a sell pattern to break the support and venture into 49500-48500 region. Selling around 52000-52500 region, we can see drop till 49500.

TFactory

Gold to break $1900 in the coming weeks. Rising from a strong support of $1860's and $1900, the prices can test $1980 and fall flat to break the support of $1900. In the longer run, once the prices jumps up from the support region of $1800-$1850, will break the $2000 level.

TFactory

BankNifty will be breaking 23200 to reach 24000. We will see a dip in the coming 2 days for the expiry. We can see a buy from 22700 below which is unlikely for banknifty to go. Breaking 23200 will be a signal to test 24000.

TFactory

Gold can have a daily spike but by the weekend we will see 49000.

TFactory

Copper is on sell. Weekly Target 509/505/502. Intraday spike for buy will be nullified by a major sell-off in the weekly scenario. We can see 505 by the weekend.

TFactory

Crude buy above 43.52 on a long term view. May even reach 45/47$