We looking to take a buy position in crude from cmp of 43.06. Till the time closing is above the level of 42.39 we look for a target of 50.90 in short term. Avoid short sell is our view in crude.
USDJYP ON A WEEKLY CHART HAD TAKE A SUPPORT NEAR THE RANGE OF 106 LEVEL. TODAY CURRENTLY TRADING NEAR THE RANGE OF 110 WE LOOK TO TAKE A BUY FROM CMP RANGE FOR A PRICE TGT OF 112-116 LEVELS IF HOLDS THE LEVELS OF 107.
We look to buy into crude from cmp of 39.30 for a short term tgt of 43.50 with sl of today's low .
We expect Nifty spot which is currently near the range of 7889 to touch 7778 in short term.
We look to take a sell trade in from current levels of 1.13225 till the level of 1.13475 holds on upside we look for a downside target of 1.12500 in short term.
Silver currently trading near the level of 16.25, If Silver holds above the level of 16.42 which is the 100 days MA we short for a short term upsurge very quick to the level of 20.70. Currently facing the resistance zone of 16.42. Any close above it shall see a rocket to the above said levels.