Intraday Trading Tips

NICKEL (SEPT):Today: Above 1000 looks good and buy side.

GOLD: (Oct):- Today: Some support at 28485-27400, down side if break it will test 27000 sharply, higher-level resistance continue 28000-28300.

NIFTY FUTURE:Today: On Friday, we were bearish below 4900 and more bearish below 4800 and finally made a low 4720. Nifty Future already slipped from the high 5740 (8thJuly 2011) to low 4720 and almost wipe out more than 1000 points. So any more down side sharp recovery also.

BANK NIFTY: TODAY: Bank Nifty, consider resistance 9300-9351-9400, downside support 9000, decisively break with volume major weakness likely up to 8800. Today magic no. 8896.

BSE : Today: Consider resistance 16000-16050, decisively crossover and sustained with volume will move further, on the lower side support exit 15765, thereafter it will test 15650-15500. Lower level, do not panic please, any time sharp bounce back cannot be ruled out.

NiftyToday: consider resistance 4780-4800, downside support exit 4700, thereafter of overall selling cannot be ruled out. Today Magic No. 4717 decisively breaks another round of panic.

Good Morning All......

COPPER (SEPT):Today: As long as hold 400 no problem for bulls ... above 410 more power.

CRUDE (SEPT): Today: Time being support 3850 have been established and resistance 4000-4050 watch out.

NICKEL :Today: Today resistance 970 and support 955- below short term down side...

Today: Below 66000 we are bearish short term in this commodity and our target 60000 have been achieved. (Los 59597). Now today resistance 61500-62000 whereas the selling opportunity, down side below 59597 more down side up to ......MAJOR SUPPORT WATCH 57500 - HOLD THIS LEVEL......?

GOLD:resistance 26500-26000 range, down side brake 26232, it will come down up to 26000, thereafter ultimate target 25730 likely.