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Thursday, December 2, 2010

Free MCX Calls for 2nd Dec

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GOLD(DEC ) Trend Bullish: R2 21150 ,R1 20900 ,S1 20460 ,S2 20200 Strategy buy on Dips


SILVER(DEC) Trend Bullish: R2 44600 ,R1 44000 ,S1 42400 ,S2 41650 Strategy buy on Dips

COPPER(FEB) trend Consolidate: R2 405 ,R1 400 ,S1 392 ,S2 387 Strategy Buy on Dips

CRUDE(DEC) Trend Consolidate: R2 4040 ,R1 3980 ,S1 3865 ,S2 3820 Strategy Buy on Dips

NATURALGAS(DEC) Trend Consolidate: R2 207 ,R1 200 ,S1 190 ,S2 185 Strategy Sell on Higher Levels

LEAD(DEC) : Trend Consolidate: R2 108.50 , R1 106.00, S1 102.50 , S2 100.00Strategy Buy on Dips

ZINC(DEC) Trend Consolidate: R2 103.50,R1 101.30,S1 96.80 ,S2 94.60 Strategy Buy on Dips

NICKEL(DEC) Trend Consolidate: R2 1130 ,R1 1102 ,S1 1037 ,S2 1000 Strategy Buy on Dips

BANK NIFTY LEVELS for 2nd Dec

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BANK NIFTY LEVELS

SUPP 1: 12095
SUPP 2: 11840
RES 1: 12500
RES 2: 12650

Bank nifty futures saw a recovery from last two trading days and it may continue in next trading day, if it sustains above 12450 level we can see some more up move from here to 12670 levels. Resistance for bank nifty future is at 12445/12670 and support is at 12185/12100 levels.

Resistance levels: It has first resistance close to the level of 12245 & after it may face the next resistance close to the level of 12670.

Support: It has first support close to the level of 12185 & after it may get the next support close to the level of 12100.

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NIFTY SPOT LEVELS for 2nd DEC


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NIFTY SPOT LEVELS

SUPP 1: 5894
SUPP 2: 5827
RES 1: 6000
RES 2: 6038

Nifty futures as expected saw a good recovery and closed near to its resistance level, we can expect some more up move above 6000 psychological level, if it manages to sustain above 6000 level we can see next level of 6070 level in short term . One should be long in nifty future till it stays above 5900 levels . Resistance for nifty future is at level of 6027/ 6060 and support is at 5925 /5865.

Resistance: It has first resistance close to the level of 6027 & after it may face the next resistance close to the level of 6060.

Support: It has first support close to the level of 5925 & after it may get the next support close to the level of 5865.

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