Weekly technicals 27 th aug- 2nd sept 2012

Technical View

Weekly Technicals‐ Equities, Commodities & Currencies 27th Aug‐ 2nd Sept 2012

5368.7 5448.6 5368.7 5386.7Support‐ 5340 5310 5250Resistance‐ 5435 5490 5575

Price range‐

Technical ViewNifty- Previous week-

5250‐ 5575

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6February

13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)

July August September November 2011 February March April May June July August September October November 2012 February March April May June July August September Nov

7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

View‐Trading call‐

Rangebound

Last week, Nifty brokeout from a 2‐ week, sideways movement, very unconvincingly. In the short‐ term, Nifty could continue it's upmove to

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)


7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

y p5500‐ 5550 if the support at 5340 is not broken. Hold long pos. initiated at 5400 with a stop at 5365 for a p.t. of 5475‐ 5550. Close below 5340, short Nifty with a stop at 5380, for a p.t. of 5250‐ 5270

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)


7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

10436.85 10560.85 10318.55 10332.85Support‐ 10110 9900Resistance‐ 10360 10440 10580

Bank Nifty- Previous week-

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)


7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

Resistance 10360 10440 10580

Price range‐


10300‐ 10580

Rangebound

Bank Nifty holding at crucial support formed at

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)


7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

Bank Nifty holding at crucial support formed at 10360. Continue holding long pos. initiated at 10300‐ 340 with a STOP of 10280 for a p.t. of 10420‐ 440. Break of 10280, short‐ term trend turns bearish. Exit all long positions & go short with a S/L at 10370 for a p.t. of 10100‐ 125

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)


7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

10370 for a p.t. of 10100 125

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)


7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

12mber

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septem

4450

4500

4550

4600

4650

4700

4750

4800

4850

4900

4950

5000

5050

5100

5150

5200

5250

5300

5350

5400

5450

5500

5550

5600

5650

5700

5750

5800

5850

5900* S&P CNX NIFTY (5,392.60, 5,399.65, 5,371.00, 5,386.70, -28.6499)


7500

8000

8500

9000

9500

10000

10500

11000

11500

12000

12500

13000

13500

* CNX BANK INDEX (10,436.85, 10,560.85, 10,318.55, 10,332.85, -85.0508)

988.9 952.2 954.35Support‐ 939 915 905Resistance‐ 970 977

Price range‐

ICICI bank- Previous week- 966

935‐ 980

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)


Neutral

Initiate long pos. at 937‐ 940 with a stop at 930 for a p.t. of 965‐ 970. Long pos can also be initiated if prices claose abo e 970 ith a stop at 965 for a p t of 977

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

1892 1929.95 1859 1897.05S 1840 1790

above 970 with a stop at 965 for a p.t. of 977‐ 980. Break of 930, exit longs & initiate shorts with a stop at 940 for a p.t. of 905‐ 915

SBI- Previous week-

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

Support‐ 1840 1790Resistance‐ 1920 1958

Price range‐


1790‐ 1960

Rangebound with bearish bias

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

Trading call‐SBI seems to trading in a tight range for the last 3 weeks with no major move on either direction. The trend continues to be weak in the mid‐ long term. Hold short pos.initiated at 1900 & 1915‐ 1920 with a stop at 1940. Exit 50% of positions at 1890‐

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

235.3 228.5 231.05Support‐ 229 211Resistance‐ 235 245

with a stop at 1940. Exit 50% of positions at 189095 & the rest at 1880‐ 85.

BHEL- Previous week- 230

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

Price range‐


227‐ 236

Rangebound

Prices have remained in the 227‐ 236 range for the last 3 weeks.

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

Initiate longs ONLY if prices close above 235 with a stop at 231 for a p.t. of 242‐ 245. Shorts can be initiated ONLY if prices close below 229 with a stop at 232 for a p.t. of 211‐ 215

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

22012


13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

670680690700710720730740750760770780790800810820830840850860870880890900910920930940950960970980990

1000101010201030104010501060107010801090110011101120113011401150ICICI BANK (968.900, 971.500, 952.200, 954.350, -19.5000)

24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

2350

2400

2450

2500

2550STATE BANK (1,900.00, 1,903.95, 1,883.55, 1,893.85, -18.0000)

12ember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

125130135140145150155160165170175180185190195200205210215220225230235240245250255260265270275280285290295300305310315320325330335340345350355360365370375380385390395400405410415420425430435440BHEL (231.500, 234.400, 228.500, 231.050, -2.20000)

2365 2483 2365 2444.8Support‐ 2320 2250Resistance‐ 2485 2525 2580

Price range‐ 2250‐ 2575

Infosys- Previous week-

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August

6 13 21 27 3September

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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)

ber 2010 February April May June July August October November 2011 February April May June July August September October November 2012 February April May June July August September Nov

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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)


Bearish

Infosys looks ripe for correction & could be headed towards 2250‐ 2300 after the recent 18‐ 20% rally from the lows. Short on rallies initially at 2500 2525 & at 2560

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

350.65 366.75 350.25 365.1

Short on rallies initially at 2500‐ 2525 & at 2560‐ 2580 with a stop at 2600 for a p.t of 2300‐ 2340 followed by 2250‐ 60. Close above 2600, go long as prices could rally to 2700‐ 50

Wipro- Previous week-

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

Support‐ 358 356 346Resistance‐ 369 376

Price range‐


345‐ 370

Rangebound‐ bearish bias

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

Trading call‐ Continue holding short pos. initiated at 361‐ 363 with a stop at 370 for a an initial p.t. of 356‐ 358 followed by 346‐ 348. If prices close above 376, there could be a short‐ term rally to 390‐ 392

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

1452 1472.05 1407.35 1420.8Support‐ 1412 1370 1340Resistance‐ 1430 1470

term rally to 390 392

L&T- Previous week-

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

Price range‐

View‐Trading call‐Initiate longs between 1400‐ 1415 with a stop at 1390 for an initial p.t. of 1430 followed by 1470.

1400‐ 1470

Bullish

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

p yBreak of 1390, near‐ term trend could turn bearish. Hence would suggest reversing long pos. in L&T at 1390 with a stop at 1405 for an initial p.t. of 1370‐ 1375 followed by 1340‐ 50

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30August


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460WIPRO (362.950, 366.500, 360.250, 365.100, +2.00000)


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3600INFOSYS (2,365.00, 2,483.00, 2,365.00, 2,444.80, +93.7500)

12ptember

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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LARSEN & TOUBRO (1,427.75, 1,431.50, 1,407.35, 1,420.80, -11.3500)

257.25 246.35 248.9Support‐ 247 242 229Resistance‐ 253 257 261

Price range‐

LIC Housing- Previous week- 250.95

245‐ 255

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

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285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

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HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)


Rangebound

Continue holding long pos. initiated at 247‐ 249 with a s/l at 245 for a p.t. of 254‐ 255. Close below 242 prices could dip very sharly to

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

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285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

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HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

249.9 241.1 246.05

Close below 242, prices could dip very sharly to 229‐ 230. Initiate shorts at 240 with a stop at 244 for a p..t of 229‐ 230

Tata Motors- Previous week- 241.1

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

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285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

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335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

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HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

Support‐ 237 232Resistance‐ 249 262

Price range‐


237‐ 262

Bullish

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

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285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

150

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335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

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HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

Trading call‐Prices have closed above the crucial support at 238 & could continue the rally towards 260‐ 262. Buy at 237‐ 239 with a stop at 235 for a p.t. of 248‐249. Long pos. can also be initiated if prices close above 249 with a stop at 245 for a p.t. of 259‐ 262

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

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285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

150

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335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

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2300

HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

1954.7 1898 1936Support‐ 1930 1870 1760Resistance‐ 1965 1995 2050

Hero Moto- Previous week- 1925

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

150

155

160

165

170

175

180

185

190

195

200

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285

290

295

300

305

310

315

320

325

330

335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

Price range‐


1930‐ 1960

Neutral

Prices should close above 1965 or below 1930 for the trend to be broken.

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

150

155

160

165

170

175

180

185

190

195

200

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285

290

295

300

305

310

315

320

325

330

335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

Initiate longs ONLY if prices close above 1965 with a stop at 1950 for a p.t. of 1990‐ 2000, followed by 2040‐ 2050. Shorts can be initiated if prices close below 1930 with a stop at 1945 for a p.t. of 1870‐ 80

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

150

155

160

165

170

175

180

185

190

195

200

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285

290

295

300

305

310

315

320

325

330

335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

12r

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septemb

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285LIC HOUSING FIN (250.000, 251.350, 246.350, 248.900, -1.20001)

31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 2 9April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

150

155

160

165

170

175

180

185

190

195

200

205

210

215

220

225

230

235

240

245

250

255

260

265

270

275

280

285

290

295

300

305

310

315

320

325

330

335TATA MOTORS (243.000, 248.450, 241.400, 246.050, +0.75000)

2 29 12September

19 26 3 10October

17 24 31 8November

21 28 5 12December

19 26 22012

9 16 23 30 6 13February

21 27 5March

12 19 26 2April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3Septe

1700

1750

1800

1850

1900

1950

2000

2050

2100

2150

2200

2250

2300

HERO MOTOCORP (1,930.05, 1,945.00, 1,928.35, 1,936.00, -2.59998)

30955 30121 30947Support‐ 30900 30800 30550Resistance‐ 31240 31380

Price range‐

MCX Gold Oct futures- Previous week- 30158

30800‐ 31400

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)

ruary March April May June July August September October November December 2012 February March April May June July August Sep1300

1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950

GOLD CONTINUOUS 100 TROY OZ [COMEX] (1,672.60, 1,676.30, 1,665.10, 1,672.90, +0.09998)

June July August September October November December 2012 February March April May June July August Sep

4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)


Bullish

Gold prices broke out of a very crucual resistance at 30550 to rally to 30950. The rally could continue to 31350‐ 400. Buy on dips at 30800‐ 30850 for an initial target of 31200 31250

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

1677.5 1611.8 1672.9COMEX Gold Oct futures- Previous week- 1618.5

30850 for an initial target of 31200‐ 31250 followed by 31350‐ 400 with a stop of 30700. Close below 30500, reverse pos with a stop at 30700 for a p.t. of 30150‐ 200

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

Support‐ 1660 1620 1590Resistance‐ 1690 1730

Price range‐


1620‐ 1740

Neutral

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

Trading call‐Prices broke the 1550‐ 1630 range after 14 weeks to rally to a 5 month high. For the week, initiate longs at the break of 1700 with a stop at 1685 for a p.t. of 1730‐ 40 Go long also at 1650‐ 60 with a stop at 1640 for a p.t. of 1680‐ 90. Break of 1640, reverse pos. with S/L

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

57549 53520 57508Support‐ 56600 55050 54550Resistance‐ 58500 59790 63050

of 1680 90. Break of 1640, reverse pos. with S/L at 1665 for a p.t. of 1590‐ 1610

MCX Silv Sept futures- Previous week- 53645

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

Price range‐


55000‐ 63000

Bullish bias

MCX silver continues to look bullish & could either rally to 63000 from current levels or after a brief

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

ycorrection. Initiate longs at the break of 58700 with a stop at 58400 for a p.t. of 59700‐ 800. Longs can also be initiated at 54500‐ 54800 with a stop at 54200 for a p.t of 56500‐ 56600.

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

5 12ptember

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

24500

25000

25500

26000

26500

27000

27500

28000

28500

29000

29500

30000

30500

31000

GOLD 10GM - 1 KG - 1 MONTH (30,890.00, 30,955.00, 30,885.00, 30,947.00, +70.0000)


1350

1400

1450

1500

1550

1600

1650

1700

1750

1800

1850

1900

1950



4400044500450004550046000465004700047500480004850049000495005000050500510005150052000525005300053500540005450055000555005600056500570005750058000585005900059500600006050061000615006200062500630006350064000645006500065500660006650067000675006800068500SILVER 1 KG - 1 MONTH (56,995.00, 57,549.00, 56,995.00, 57,508.00, +559.000)

30.79 27.875 30.621Support‐ 30.5535 29.555 28.8186Resistance‐ 31.4383 31.8606 33.1915

Price range‐

COMEX Silv Sept futures- Previous week- 28.055

29.5‐ 31.50

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112

113LIGHT CRUDE CONTINUOUS 1000 BARRELS [NYMEX] (96.0600, 97.1700, 95.4100, 96.1500, -0.12000)

24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0

38.5SILVER CONTINUOUS 5000 TROY OZ [COMEX] (30.5000, 30.7700, 30.1900, 30.6210, +0.16500)

5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

3550360036503700375038003850390039504000405041004150420042504300435044004450450045504600465047004750480048504900495050005050510051505200525053005350540054505500555056005650570057505800CRUDE OIL - 1 BBL - 1 MONTH (5,346.00, 5,356.00, 5,337.00, 5,354.00, +8.00000)


Neutral

Last week, prices touched crucial res. levels at 30.79. & retraced. For the week, short at 30.75‐ 30.80 with a stop at 30 95 for a p t of 29 55 29 75

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe


5425 5292 5354

30.95 for a p.t. of 29.55‐ 29.75. Break of 31.00, initiate longs with a stop at 30.70 for a p.t. of 31.35‐ 31.45

MCX Crude Sept futures- Previous week- 5366

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe

3550360036503700375038003850390039504000405041004150420042504300435044004450450045504600465047004750480048504900495050005050510051505200525053005350540054505500555056005650570057505800CRUDE OIL - 1 BBL - 1 MONTH (5,346.00, 5,356.00, 5,337.00, 5,354.00, +8.00000) Support‐ 5350 5310 5220Resistance‐ 5420 5500 5600

Price range‐


5290‐ 5600

Bullish

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe


Trading call‐Crude could rally to 5550‐ 5600 from current levels or after a brief correction. For the week, initiate longs at 5280‐ 5300 with a stop at 5250 for an initial p.t. of 5340‐ 50 followed by 5400‐ 5420. Long pos. can also be initiated if Crude closes above 5420 with a stop at 5380 for a

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe


98.29 95.02 96.15Support‐ 94 92.5Resistance‐ 98 103

Crude closes above 5420 with a stop at 5380 for a p.t. of 5490‐ 5500

NYMEX Crude Oct futures- Previous week- 96.36

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe


Price range‐


94‐ 98

Rangebound

Crude continued to rally to a new 3‐ month high. Break of 99.5, crude will touch 103.

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe


,Continue holding short pos. initiated at 98‐ 98.5 with a trailing stop at 96.75 for a p.t. of 95. Initiate shorts again at 98‐ 98.5 with a SAR at 99.5 for a p.t. of 95. Close below 94, short crude with a stop at 94.75 for a p.t. of 92.50

13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe


13 20 27 5July

11 18 25 1 8August


26 3 10October

17 24 31 7 14November

21 28 5 12December

19 27 3 92012

17 30 6 13February

21 5 12March

19 26 2April

16 23 30 7May

14 21 29June

11 18 25 2July

16 23 30 6August

13 20 27 3Septe

7273

74

75

7677

78

7980

81

82

8384

85

8687

88

8990

91

92

9394

959697

98

99

100101

102103104

105

106

107108109

110111

112


24 31 7November

14 21 28 5 12December

19 27 3 92012

17 23 30 6February

13 21 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 29 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septem

25.5

26.0

26.5

27.0

27.5

28.0

28.5

29.0

29.5

30.0

30.5

31.0

31.5

32.0

32.5

33.0

33.5

34.0

34.5

35.0

35.5

36.0

36.5

37.0

37.5

38.0


5 12September

19 26 3 10October

17 24 31 7 14November

21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2 9April

16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3Septe


426.95 414.1 426.75Support‐ 422 415 395Resistance‐ 429 435 445

Price range‐ 415‐ 435

MCX Copper Sept futures- Previous week-419.6

May June July August September October November December 2012 February March April May June July August Sept

2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60

4.65HG COPPER CONTINUOUS 25000 LBS [COMEX] (3.47900, 3.49450, 3.45600, 3.48350, -0.00900)

10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)


Rangebound with bullish bias

Copper seems very rangebound with a bullish bias if prices close above 435 on the upside. Continue holding short pos. at 423‐ 425 with a stop at 429 for a p t of 415 417 Close


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)

3.512 3.3535 3.4835

stop at 429 for a p.t. of 415‐ 417. Close above 435, initiate long pos. in copper with a stop at 432 for a p.t. of 443‐ 445.

NYMEX HG Sept futures- Previous week- 3.4215


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)

Support‐ 3.4146 3.3984 3.38Resistance‐ 3.4953 3.518 3.6072

Price range‐


3.38‐ 3.60

Bearish


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)

Trading call‐Copper looks to be topping out in the near term between 3.52‐ 3.60. For the week, short between 3.56‐ .60 with a stop at 3.65 for a p.t. of 3.42‐ 3.44. Close above 3.65, copper would rally to 3.80‐ 3.85, hence reverse positions if close above 3.65


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)

55.6775 55.115 55.4825Support‐ 55.5049 55.43 53.5276Resistance‐ 56.041 56.085 56.3468

3.85, hence reverse positions if close above 3.65 with a stop at 3.55 for a p.t. of 3.8‐ 3.85

USDINR August futures- Previous week- 55.63


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)

Price range‐


53.5‐ 56.5

Bearish on USD

Continue holding short USD pos. initiated at 55.9‐ 55.95 with a trailing stop at 55.65 for a p.t. of


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)

g p p54.50‐ 54.60. Initiate fresh shorts at 56.20‐ 56.30 with a stop loss at 56.65 for a p.t. of 55.5. Break of 56.75, USD could turn bullish, hence long at 56.75 with a S/L at 56 for a p.t. of 58.25‐ 35


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)


2.90

2.95

3.00

3.05

3.10

3.15

3.20

3.25

3.30

3.35

3.40

3.45

3.50

3.55

3.60

3.65

3.70

3.75

3.80

3.85

3.90

3.95

4.00

4.05

4.10

4.15

4.20

4.25

4.30

4.35

4.40

4.45

4.50

4.55

4.60


10ctober

17 24 31 7November

14 21 28 5 12December

19 26 2 92012

16 23 30 6February

13 20 27 5March

12 19 26 2April

9 16 23 30May

7 14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 20 27 3 1Septe

325

330

335

340

345

350

355

360

365

370

375

380

385

390

395

400

405

410

415

420

425

430

435

440

445

450

455

COPPER - 1 KG - 1 MONTH (425.750, 426.950, 425.500, 426.750, +1.10001)

10tober

17 24 31 8 14November

21 28 5 12December

19 26 22012


13 21 27 5March

12 19 26 3April

16 23 30 7May

14 21 28 4June

11 18 25 2July

9 16 23 30 6August

13 21 27 3 1Septem

48.0

48.5

49.0

49.5

50.0

50.5

51.0

51.5

52.0

52.5

53.0

53.5

54.0

54.5

55.0

55.5

56.0

56.5

57.0

57.5

58.0

58.5USDINR - 1 MONTH (55.3200, 55.5250, 55.3200, 55.4825, +0.23250)

Please Note:1) All values are based on cash prices unless mentioned otherwise2) Trades can be initiated on multiple occasions during the week3) In volatile markets, stop losses could be triggered & profit targets may not be reached. To ensure higher percentage of profitability on the trades, kindly place profitable/ breakeven trailing stop losses once prices have moved favourably by more than 50% from the entry level towards the profit target.

Disclaimer: The content of this technical report is based on various technical fundamentals researched upon by the technical staff of Astrodunia.com (MAA ASTRO DUNIYA PRIVATE LIMITED), based out of Indore. This is a guideline ONLY! And the decision has to be taken after logical thinking by you. Neither M.A.D.P.L. nor it's team members shall be liable for any sort of personal or financial gains and losses.

MAA ASTRO DUNIYA PRIVATE LIMITED ASTRODUNIA LG ROYAL VIEW SCHEME 4 VIJAY NAGAR INDORE MADHYA PRADESH INDIA ASTRODUNIA, LG-5, ROYAL VIEW, SCHEME 54, VIJAY NAGAR, INDORE, MADHYA PRADESH, INDIA. Phone (O): +91-731-4040289 E-mail: [email protected] Web Site: http://astrodunia.com

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Weekly technicals 27 th aug- 2nd sept 2012