Wednesday, 15 November 2017

Commodity Trading Tips on Crude and Gold for the day of 15 Nov 2017

Market Overview

Crude Oil Nov 2017 Contract Trading at 06:28 PM 3598 trading in intraday range of 3611 – 3587 down 41 points from Prev. Close 3639.
Gold Dec 2017 Contract Trading at 06:28 PM 29640 in intraday range of 29586 – 29675 Up 18 points from Prev. Close 29622.

Free Mcx Tips

Sell Crude Oil November in range of 3595-3600 with SL 3635 for the TGT of 3560 – 3540 (Trade with Strict Stop Loss)
Buy Gold Dec 2017 in range of 29640-29660 with SL 29580 for the TGT of 29720 – 29780 (Trade with Strict Stop Loss)

Nifty trend and Stock progress for the day 15 Nov 2017

Market Overview

Nifty support closed at 10118.05 down -68.55 points from previous close of 10186.60 day range 10,094.00 – 10,175.45 BPCL, Asian paints, Ambuja Cement, Tech Mahindra, Eicher Motors, Kotak Mahindra, IOC, HPCL and Hero Motocorp are among the top gainers in Nifty in the today. Whereas Bharti Infratel, Vedanta, Sun Pharma, Hindalco, UPL and Indiabulls Hsg are losing steam on NSE.

Intraday Nifty Future Tips

There are 725 advances, against 1980 declines, 102 remained unchanged, out of 2,807 stocks traded on the NSE today.
Key Support & Resistance Level for Nifty:
The Nifty closed at 10,118.05 on Wednesday. According to Pivot charts, the key support level is placed at 10,083.78, followed by 10,048.11. If the index starts to move higher, key resistance levels to watch out are 10,164.31 and 10,210.13
Nifty Bank:
The Nifty Bank closed at 25,218.90 on Wednesday. Important Pivot level, which will act as crucial support for the index, is placed at 25,150.44, followed by 25,082.19 On the upside, key resistance level is 25,302.68 followed by 25,386.41.