All posts by EquityPandit

MCX Tips for – March 22, 2019

Gold (31819): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  31606  levels.

Silver (38263):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  38451  levels.

Crude (4146): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 4054  levels.

Natural Gas (194.20): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 192.50 levels.

Copper (443.40): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 450.70.

Zinc (197.40): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 194.60.

Lead (140.00): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 142.40.

Nickel (892.30):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 911.00 levels.

Aluminium (144.90): Aluminium has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 148.00 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

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Gold Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Gold for the week   (Mar 18, 2019 – Mar 18, 2019) :

GOLD:

 

GOLDMCX
Gold MCX is trading in short term down trend and we have seen sharp correction from highs of 34031, trading close and near to 200 EMA Support levels placed at 31500, Technically on the daily charts we see minor support on the downside for Gold Mcx Future lies in zone of 31500- 31400 levels, where as minor resistance on the upside is capped around 32300- 32400 levels.

If Gold Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Gold Mcx Future can head towards major support on lower side around 30100- 30200 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Gold Mcx Future can head towards higher levels around 32800- 32900

Currently Gold Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 32800- 32900 on upside and 30100- 30200 on downside.

Silver Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Silver for the week  (Mar 18, 2019 – Mar 22, 2019) :

SILVER:

 

SILVERMCX

 

Silver MCX last week was not able to sustain above 100 EMA and 200 EMA and sharp selloff has been seen from those levels, Technically on the daily charts we see minor support on the downside for Silver Mcx Future lies in zone of 37000- 36900 levels, whereas minor resistance on the upside is capped around 40000- 40100 levels.

If Silver Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Silver Mcx Future can head towards major support on lower side around 36000- 35900 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Silver Mcx Future can head towards higher levels around 40500- 40600

Currently Silver Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 40500- 40600 on upside and 36000- 35900 on downside.

Copper Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Copper for the week  (Mar 18, 2019 – Mar 22, 2019) : 

COPPER:

 

COPPERMCX

 

Technically on the daily charts we see minor support on the downside for Copper Mcx Future lies in zone of 440- 441 levels, where as minor resistance on the upside is capped around 458-460 levels.

If Copper Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Copper Mcx Future can head towards major support on lower side around 432- 430 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Copper Mcx Future can head towards higher levels around 470- 472

Currently Copper Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 472- 470 on upside and 432- 430 on downside.

Zinc Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Zinc for the week (Mar 18, 2019 – Mar 22, 2019) :

ZINC:

 

ZINCMCX
Technically on the daily charts we see minor support on the downside for Zinc Mcx Future lies in zone of 184- 185 levels, whereas minor resistance on the upside is capped around 204- 205 levels.

If Zinc Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Zinc Mcx Future can head towards major support on lower side around 175- 174 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Zinc Mcx Future can head towards higher levels around 218- 220

Currently Zinc Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 218- 220 on upside and 175- 174 on downside.

Lead Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Lead for the week  (Mar 18, 2019 – Mar 22, 2019) :

LEAD:

 

LEADMCX
Technically on the daily charts we see minor support on the downside for Lead Mcx Future lies in zone of 135-134 levels, whereas minor resistance on the upside is capped around 150 – 151 levels.

If Lead Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Lead Mcx Future can head towards major support on lower side around 128-129 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Lead Mcx Future can head towards higher levels around 159- 160

Currently Lead Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 159- 160 on upside and 128-129 on downside.

Nickel Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Nickel for the week  (Mar 18, 2019 – Mar 22, 2019) :

NICKEL:

 

NICKELMCX
Technically on the daily charts we see minor support on the downside for Nickel Mcx Future lies in zone of 870- 872 levels, whereas minor resistance on the upside is capped around 920-922 levels.

If Nickel Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Nickel Mcx Future can head towards major support on lower side around 840- 842 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Nickel Mcx Future can head towards higher levels around 960-970

Currently Nickel Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 960- 970 on upside and 840- 842 on downside.

Aluminium Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Aluminium for the week (Mar 18, 2019 – Mar 22, 2019) 

ALUMINIUM:

 

ALUMINIUMMCX
Technically on the daily charts we see minor support on the downside for Aluminum Mcx Future lies in zone of 140-142 levels, whereas minor resistance on the upside is capped around 150- 151 levels.

If Aluminum Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Aluminum Mcx Future can head towards major support on lower side around 130-132 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Aluminum Mcx Future can head towards higher levels around 155-156

Currently Aluminum Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 130- 132 on upside and 155- 156 on downside.

Crude Oil Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Crude Oil for the week (Mar 18, 2019 – Mar 22, 2019) :

CRUDE OIL:

 

CRUDEOIL
Technically on the daily charts we see minor support on the downside for Crudeoil Mcx Future lies in zone of 3770- 3800 levels, whereas minor resistance on the upside is capped around 4150- 4170 levels.

If Crudeoil Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Crudeoil Mcx Future can head towards major support on lower side around 3500- 3550 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Crudeoil Mcx Future can head towards higher levels around 4400- 4500

Currently Crudeoil Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 4400- 4500 on upside and 3500- 3550 on downside.

Natural Gas Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Natural Gas for the week (Mar 18, 2019 – Mar 22, 2019) :

NATURAL GAS:

 

NATGASMCX
Technically on the daily charts we see minor support on the downside for Natural Gas Mcx Future lies in zone of 185- 183 levels, where as minor resistance on the upside is capped around 205- 206 levels.

If Natural Gas Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Natural Gas Mcx Future can head towards major support on lower side around 177- 175 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Natural Gas Mcx Future can head towards higher levels around 217- 220

Currently Natural Gas Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 217- 220 on upside and 177- 175 on downside.

Cipla Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Cipla for the week (Mar 18, 2019 – Mar 22, 2019) :

CIPLA:

 

CIPLA

 

Cipla Ltd.

BSE: 500087| NSE: CIPLA| ISIN: INE059A01026| SECTOR: PHARMA
Stock closed the week on negative note losing -1.44%

Week High: 539.85

Week Low: 531.75

Week Range: 8.10

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for CIPLA at 510-520 levels, whereas minor resistance on the upside is capped around 550- 560 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next Major support levels lower side around 470- 475 if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 590- 595

Currently trend for the stock is bearish as stock trading below 200 days exponential moving average.. EquityPandit’s predicts CIPLA range for the week is seen from 590- 595 on upside & 470- 475 on downside.

Dr. Reddy Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Mar 18, 2019 – Mar 22, 2019) : 

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +1.59%

Week High: 2666.65

Week Low: 2615.95

Week Range: 50.70

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2550- 2560 levels, whereas minor resistance on the upside is capped around 2720- 2730 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2420- 2400, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2800- 2810

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DRREDDY range for the week is seen from 2800- 2810 on upside & 2400-2420 on downside.

Lupin Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Lupin for the week  (Mar 18, 2019 – Mar 22, 2019) :

LUPIN:

 

LUPIN

 

Lupin Ltd.

BSE: 500257| NSE: LUPIN| ISIN: INE326A01037| SECTOR: PHARMA

Stock closed the week on positive note gaining +0.70%

Week High: 800.85

Week Low: 763.90

Week Range: 36.95

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for LUPIN at 745- 750 levels, whereas minor resistance on the upside is capped around 810 -820 levels.

If stock bank breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 700-690, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 860- 870

Currently trend for the stock is bearish as stock trading below 200 days exponential moving average. EquityPandit predicts LUPIN range for the week is seen from 860- 870 on upside & 700- 690 on downside.

Sun Pharma Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Sun Pharma for the week (Mar 18, 2019 – Mar 22, 2019) :

SUN PHARMA:

 

SUNPHARMA

 

Sun Pharmaceutical Industries Ltd.

BSE: 524715| NSE: SUNPHARMA| ISIN: INE044A01036 | SECTOR: PHARMA

Stock closed the week on positive note gaining +2.09%

Week High: 470.10

Week Low: 455.05

Week Range: 15.05

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SUNPHARMA at 395 – 390 levels, whereas minor resistance on the upside is capped around 475- 480 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 360- 350, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 520-530

Currently trend for the stock is bearish as stock trading below 200 days exponential moving average. EquityPandit predicts SUNPHARMA range for the week is seen from 520- 530 on upside & 360- 350 on downside.

 

 

Wipro Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Wipro for the week(Mar 18, 2019 – Mar 22, 2019) :

WIPRO:

 

WIPRO

 

WIPRO Ltd.

BSE: 507685 | NSE: WIPRO | ISIN: INE075A01022 | SECTOR: I.T.
Stock closed the week on positive note gaining +2.42%

Week High: 262.70

Week Low: 256.50

Week Range: 6.20 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for WIPRO at 245- 250 levels, whereas minor resistance on the upside is capped around 265- 270 levels.

If WIPRO breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 220- 230, if WIPRO breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 285- 290

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts WIPRO range for the week is seen from 285- 290 on upside & 220- 230 on downside.

HCL Tech Outlook for the Week(Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for HCL Tech for the week (Mar 18, 2019 – Mar 22, 2019) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Technologies Ltd.

BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027| SECTOR: I.T.

Stock closed the week on positive note gaining +1.95%

Week High: 1028.20

Week Low: 1004.70

Week Range: 23.50 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for HCLTECH at 985- 980 levels, whereas minor resistance on the upside is capped around 1030- 1035 levels.

If HCLTECH breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 930- 940 if HCLTECH breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 1080- 1090

Currently trend for the stock is bearish to sideways as trading near to 200 days exponential moving averages. EquityPandit predicts HCLTECH range for the week is seen from 1080- 1090 on upside & 930- 940 on downside.

TCS Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for TCS for the week (Mar 18, 2019 – Mar 22, 2019) :

TATA CONSULTANCY SERVICES:

 

TCS

 

Tata Consultancy Services Ltd.

BSE: 532540| NSE: TCS | ISIN: INE467A01029 | SECTOR: I.T

Stock closed the week on positive note gaining +0.89%

Week High: 2040.20

Week Low: 1988.60

Week Range: 51.60 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for TCS at 1940- 1930 levels, whereas minor resistance on the upside is capped around 2080 – 2090 levels.

If TCS breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 1830- 1840 if TCS breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2150- 2160

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts TCS range for the week is seen from 2150- 2160 on upside & 1830- 1840 on downside.

Infosys Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquiyPandit’s Outlook for Infosys for the week (Mar 18, 2019 – Mar 22, 2019) :

INFOSYS:

 

INFY

 

Infosys Ltd.

BSE: 500209| NSE: INFY| ISIN: INE009A01021| SECTOR: I.T.

Stock closed the week on positive note losing +0.88%

Week High: 718.85

Week Low: 706.90

Week Range: 11.95 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for INFY at 690-700 levels, whereas minor resistance on the upside is capped around 730- 740 levels.

If INFY breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 675- 670 if INFY breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 750-755

Currently trend for the Stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts INFY range for the week is seen from 750- 755 on upside & 675- 670 on downside.

Colgate Palmolive Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Colgate Palmolive for the week (Mar 18, 2019 – Mar 22, 2019) : 

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate-Palmolive (India) Ltd.

BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Stock closed the week on positive note gaining +1.54%%

Week High: 1282.60

Week Low: 1253.70

Week Range: 28.90

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for COLPAL at 1220- 1210 levels, whereas minor resistance on the upside is capped around 1300- 1310 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 1170- 1180 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 1350- 1360

Currently trend for the stock is sideways to bullish as stock trading near and above 200 days exponential moving average. EquityPandit’s predicts COLPAL range for the week is seen from 1350- 1360 on upside & 1170 -1180 on downside.

Dabur Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for DABUR for the week  (Mar 18, 2019 – Mar 22, 2019) : 

DABUR:

 

DABUR

 

Dabur India Ltd.

BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG

Stock closed the week on negative note losing -1.65%

Week High: 446.05

Week Low: 425.35

Week Range: 20.70

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DABUR at 420 -415 levels, whereas minor resistance on the upside is capped around 440- 445 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 390-400 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 460- 465

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DABUR range for the week is seen from 440 -445 on upside & 390- 400 on downside.

Hindustan Unilever Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Mar 18, 2019 – Mar 22, 2019) : 

HINDUSTAN UNILEVER:

 

HINDUNILVR

Hindustan Unilever Ltd.

BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG

Stock closed the week on negative to flat note losing -0.14%

Week High: 1746.15

Week Low: 1698.65

Week Range: 47.50

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for HINDUNILVR at 1670- 1665 levels, whereas minor resistance on the upside is capped around 1750- 1760 levels.

If stock bank breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 1570 -1560 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 1780- 1790

Currently trend for the stock is bearish as stock trading near 200 days exponential moving average. EquityPandit predicts HINDUNILVR range for the week is seen from 1780- 1790 on upside & 1570 -1560 on downside.

 

ITC Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for ITC for the week  (Mar 18, 2019 – Mar 22, 2019) :

ITC:

 

ITC

 

ITC Ltd.

BSE: 500857| NSE: ITC| ISIN: INE154A01025 | SECTOR: FMCG

Stock closed the week on negative to flat note losing 0.38%

Week High: 295.45

Week Low: 290.95

Week Range: 4.50

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for ITC at 280- 275 levels, whereas minor resistance on the upside is capped around 300- 305 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 265- 255 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 315-320

Currently trend for the stock is bullish as stock trading above 200 days exponential moving average. EquityPandit predicts ITC range for the week is seen from 315- 320 on upside & 265- 255 on downside.

SBI Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for SBI for the week  (Mar 18, 2019 – Mar 22, 2019) :

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS

Stock closed the week on positive note gaining +5.85%

Week High:: 297.70

Week Low: 281.25

Week Range: 16.45

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 285- 280 levels, whereas minor resistance on the upside is capped around 305- 310 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 255- 250 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 320-325

Currently trend for the stock is sideways as stock trading very near or at 200 days exponential moving averages. EquityPandit predicts SBI range for the week is seen from 320- 325 on upside & 255- 250 on downside.

Axis Bank Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Axis Bank for the week (Mar 18, 2019 – Mar 22, 2019) :

AXIS BANK:

 

AXISBANK

 

AXIS Bank Ltd.

BSE: 532215| NSE: AXISBANK| ISIN: INE238A01034| SECTOR: BANKS

Stock closed the week on positive note gaining +0.46%

Week High: 742.25

Week Low: 732.35

Week Range: 9.90

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for AXISBANK at 700- 705 levels, whereas minor resistance on the upside is capped around 750-755 levels.

If AXISBANK breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 670-680 if AXISBANK breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 770-775

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts AXISBANK range for the week is seen from 770-775 on upside & 670-680 on downside.

 

ICICI Bank Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for ICICI Bank for the week  (Mar 18, 2019 – Mar 22, 2019) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank Ltd.

BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS

Stock closed the week on positive note gaining +6.90%.

Week High: 395.70

Week Low: 370.15

Week Range: 25.55

Huge buying attraction with heavy volumes has been seen in stock last week. Stock closed above previous 52 week highs of 383.55, now this level of 383.55 will act as immediate support for the stock. Technically on the daily charts EquitPandit’s analyst see minor support on the downside for ICICIBANK at 375- 385 levels, whereas minor resistance on the upside is capped around 420-430 levels.

If ICICIBANK breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 355- 360 if ICICIBANK breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 445- 450.

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts ICICIBANK range for the week is seen from 445- 450 on upside & 355-360 on downside.

HDFC Bank Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for HDFC Bank for the week  (Mar 18, 2019 – Mar 22, 2019) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank Ltd.

BSE: 500180| NSE: HDFCBANK| ISIN: INE040A01026| SECTOR: BANKS

 
Stock closed the week on positive note gaining +5.85%

Week High: 2251.50

Week Low: 2127.60

Week Range: 123.90 Points

Heavyweight stock last week hits all-time highs dragging banknifty index towards all-time highs, stock breaks the resistance levels and closed above previous all-time highs of 2220, now these levels would act as immediate support for the stock. Now stock has opened the doors for upside levels of 2400- 2420. Technically on the daily charts EquitPandit’s analyst see minor support on the downside for HDFCBANK at 2150- 2160 levels, whereas minor resistance on the upside is capped around 2300- 2320 levels.

If HDFCBANK breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2090- 2100 if HDFCBANK breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2400- 2420

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts HDFCBANK range for the week is seen from 2400-2420 on upside & 2090-2100 on downside.

 

Nifty Media Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Mar 18, 2019 – Mar 22, 2019) :

NIFTY MEDIA:

 

NIFTY MEDIA

 

NIFTY MEDIA Index closed the week on positive note gaining +42.70 Points (+1.73%).

Weekly High: 2563.45

Weekly Low: 2454.70

Weekly Close: 2503.95

Last week we have seen index trading in a tight range and consolidation has been seen in range of 2565- 2455, breakout can be seen in media index on either side this week, Technically on the daily charts we see minor support on the downside for index lies at 2350- 2400 levels, whereas minor resistance on the upside is capped around 2600- 2650 levels.

If Nifty MEDIA index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2200- 2250 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 2800- 2900

Currently Nifty MEDIA index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 2800 -2900 on upside and 2200- 2250 on downside.

Nifty Realty Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Mar 18, 2019 – Mar 22, 2019) : 

NIFTY REALTY:

 

NIFTYREALITY

 

NIFTY REALTY Index closed the week on positive note gaining +15.10 Points (+6.38%).

Weekly High: 254.00

Weekly Low: 234.75

Weekly Close: 251.60

Index finally managed to closed above 200 EMA, We may see uptrend to continue in nifty reality, in the upcoming week we can see buying in reality stocks. Technically on the daily charts we see minor support on the downside for index lies at 230- 240 levels, whereas minor resistance on the upside is capped around 270- 280 levels.

If Nifty REALTY index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 200- 190 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 290- 300

Currently Nifty REALTY index is trading above 200 days exponential moving average suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 290- 300 on upside and 200- 190 on downside.

Nifty PSU Bank Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY PSU BANK for the week (Mar 18, 2019 – Mar 22, 2019) : 

NIFTY PSU BANK:

 

NIFTYPSUBANK

 

NIFTY PSUBANK Index closed the week on positive note gaining +161.65 Points (+5.50%).

Weekly High: 3129.60

Weekly Low: 2899.25

Weekly Close: 3098.95

We have seen smart money flow in nifty PSU bank index. It closed up 5.5% and we expect trend to continue upwards. Technically on the daily charts we see minor support on the downside for index lies at 3000- 2950 levels, whereas minor resistance on the upside is capped around 3200 – 3250 levels.

If Nifty PSUBANK index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2700- 2750 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 3450- 3500

Currently Nifty PSUBANK index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 3450- 3500 on upside and 2700- 2750 on downside.

Nifty Metal Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY METAL for the week (Mar 18, 2019 – Mar 22, 2019) :

NIFTY METAL:

 

NIFTYMETAL

 

NIFTY METAL Index closed the week on positive note gaining +60.30 Points (+2.05%).

Weekly High: 3065.80

Weekly Low: 2938.05

Weekly Close: 3008.25

Nifty Metal index trading near to 100 days exponential moving average which is acting as stiff resistance for the index, last week we have seen sell off in zone of 3065- 3085, if sustains above 3100 levels we may see buying attraction resuming in nifty metal index, Technically on the daily charts we see minor support on the downside for index lies at 2800-2750 levels, whereas minor resistance on the upside is capped around 3200- 3250 levels.

If Nifty METAL index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2500- 2400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 3500-3600

Currently Nifty METAL index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 3500- 3600 on upside and 2500- 2400 on downside.

Nifty Energy Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Mar 18, 2019 – Mar 22, 2019) :

NIFTY ENERGY:

 

NIFTYENERGY

 

NIFTY ENERGY Index closed the week on positive note gaining +693.65 Points (+4.52%).

Weekly High: 16219.50

Weekly Low: 15253.10

Weekly Close: 16046.20

Index trading near to all-time highs placed at 16360.50, if index sustains above 16360.50 levels we may see huge buying attraction in energy index, Technically on the daily charts we see minor support on the downside for index lies at 15400- 15500 levels, whereas minor resistance on the upside is capped around 16400-16500 levels.

If Nifty ENERGY index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 15000-15100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 16800-16900

Currently Nifty ENERGY index is trading above 200 days exponential moving average suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 16800-16900 on upside and 15000-15100 on downside.

Nifty Auto Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY Auto for the week (Mar 18, 2019 – Mar 22, 2019) : 

NIFTY AUTO:

 

NIFTYAUTO

 

NIFTY AUTO Index closed the week on positive note gaining +165.45 Points (+1.93%).

Weekly High: 8872.15

Weekly Low: 8565.75

Weekly Close: 8748.05

Technically on the daily charts we see minor support on the downside for index lies at 8000- 7900 levels, whereas minor resistance on the upside is capped around 8900- 9000 levels.

If Nifty AUTO index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 7500- 7400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 9500- 9600

Currently Nifty AUTO index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 9500-9600 on upside and 7500- 7400 on downside.

Nifty Pharma Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY Pharma for the week (Mar 18, 2019 – Mar 22, 2019) : 

NIFTY PHARMA:

 

NIFTYPHARMA

 

NIFTY PHARMA Index closed the week on positive note gaining +199.90 Points (+2.22%).

Weekly High: 9345.10

Weekly Low: 9007.80

Weekly Close: 9221.75

We have seen some buying attraction last week in nifty pharma index, index settled 2.22% up, Technically on the daily charts we see minor support on the downside for index lies at 8900- 8800 levels, whereas minor resistance on the upside is capped around 9400- 9500 levels.

If Nifty PHARMA index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 8500- 8400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 9900- 10000

Currently Nifty PHARMA index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 9900- 10000 on upside and 8500- 8400 on downside.

Nifty FMCG Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 18, 2019 – Mar 22, 2019) :

NIFTY FMCG:

 

NIFTY FMCG

 

NIFTY FMCG Index closed the week on positive to flat note gaining only +7.65 Points (+0.03%).

Weekly High: 30628.9

Weekly Low: 29754.2

Weekly Close: 29953.40

Called as safe heaven due always increasing demand, FMCG index has seen a sell off from week’s high and closed near to week’s low. Technically on the daily charts we see minor support on the downside for index lies at 29000- 29100 levels, whereas minor resistance on the upside is capped around 31000- 31100 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27000- 27100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 33000- 33100

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31000- 31100 on upside and 29000- 29100 on downside.
.

Nifty IT Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY IT for the week (Mar 18, 2019 – Mar 22, 2019)

NIFTY IT:

 

NIFTYIT

 

NIFTY IT Index closed the week on positive note gaining +137.90 Points (+0.89%).

Weekly High: 15788.20

Weekly Low: 15202.00

Weekly Close: 15546.60

No major action has been seen in nifty IT index last week and trading and investing activity was subdued in the IT sector. Many a time we have seen IT index correcting when nifty move up, due to USD/INR correction.

Technically on the daily charts we see minor support on the downside for index lies at 15100- 15000 levels, whereas minor resistance on the upside is capped around 16200 – 16300 levels.

If Nifty IT index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 14500- 14400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 16700- 16800

Currently Nifty IT index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 16700-16800 on upside and 14500-14400 on downside.
.

Nifty Bank Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Nifty Bank for the week   (Mar 18, 2019 – Mar 22, 2019) :

NIFTY BANK:

 

NIFTY BANK

 

NIFTY BANK Index closed the week on positive note gaining +1619.65 Points (+5.83%).

Weekly High: 29520.70

Weekly Low: 27560.00

Weekly Close: 29381.45

Last week we have seen massive rally of 1620 points in nifty bank index, index broke all-time highs and is trading in super bullish mode, risk reward ratio for buying is not in favor and correction after a huge rally is pending.

Technically on the daily charts we see minor support on the downside for index lies at 28300- 28400 levels, whereas minor resistance on the upside is capped around 29600-29700 levels.

If Nifty bank index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27700- 27600 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30200-30300

Currently Nifty bank index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30200-30300 on upside and 27700- 27600 on downside.

Nifty Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Nifty for the week  (Mar 18, 2019 – Mar 22, 2019):

NIFTY:

 

NIFTY

 

NIFTY 50 Index closed the week on positive note gaining 391.45 Points (+3.55%).

Weekly High: 11487

Weekly Low: 11009

Weekly Close: 11426.85

As we predicted last week nifty broke minor resistance of 11150 and is heading towards resistance of 11700- 11800, Technically on the daily charts we see minor support on the downside for nifty 50 index lies at 11080- 11180 levels, whereas minor resistance on the upside is capped around 11700- 11800 levels.

If nifty 50 index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 10700 -10800 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 12000- 12100

Currently nifty 50 index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 12000-12100 on upside and 10700- 10800 on downside.

MCX Tips for – March 15, 2019

Gold (31808): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32218  levels.

Silver (37927):  Silver has entered into negative zone and traders can go short at every rise or hold short positions until Silver closes above  38877  levels.

Crude (4061): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3968  levels.

Natural Gas (197.70): NG is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 198.15 levels.

Copper (445.15): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 454.00.

Zinc (198.85): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 195.50.

Lead (145.60): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 147.80.

Nickel (891.30):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 923.00 levels.

Aluminium (146.45): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 147.75 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – March 14, 2019

Gold (32207): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32218  levels.

Silver (38748):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  38241  levels.

Crude (4037): Crude has entered into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3915  levels.

Natural Gas (196.00): NG is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 198.15 levels.

Copper (452.80): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 455.30.

Zinc (199.75): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 195.50.

Lead (147.30): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 147.80.

Nickel (914.80):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 929.60 levels.

Aluminium (147.10): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 147.75 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – March 12, 2019

Gold (31896): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32218  levels.

Silver (38450):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37950  levels.

Crude (3967): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 3996  levels.

Natural Gas (194.60): NG has entered into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 200.60 levels.

Copper (450.00): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 455.30.

Zinc (193.40): Zinc is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 194.50.

Lead (144.65): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 148.80.

Nickel (897.90):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 929.60 levels.

Aluminium (143.40): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 147.75 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – March 11, 2019

Gold (32167): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32218  levels.

Silver (38728):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37950  levels.

Crude (3886): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 3996  levels.

Natural Gas (201.20): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 198.80 levels.

Copper (450.15): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 455.50.

Zinc (191.45): Zinc is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 194.50.

Lead (145.90): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 149.10.

Nickel (914.20):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 942.10 levels.

Aluminium (144.55): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 148.15 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

Natural Gas Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Natural Gas for the week (Mar 11, 2019 – Mar 15, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 
Technically on the daily charts we see minor support on the downside for Natural Gas Mcx Future lies in zone of 185- 183 levels, where as minor resistance on the upside is capped around 205- 206 levels.

If Natural Gas Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Natural Gas Mcx Future can head towards major support on lower side around 177- 175 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Natural Gas Mcx Future can head towards higher levels around 217- 220

Currently Natural Gas Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 217- 220 on upside and 177- 175 on downside.

Crude Oil Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Crude Oil for the week (Mar 11, 2019 – Mar 15, 2019) :

CRUDE OIL:

 

CRUDEOIL 1

 
Technically on the daily charts we see minor support on the downside for Crudeoil Mcx Future lies in zone of 3770- 3800 levels, where as minor resistance on the upside is capped around 4150- 4170 levels.

If Crudeoil Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Crudeoil Mcx Future can head towards major support on lower side around 3500- 3550 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Crudeoil Mcx Future can head towards higher levels around 4400- 4500

Currently Crudeoil Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 4400- 4500 on upside and 3500- 3550 on downside.

Aluminium Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Aluminium for the week (Mar 11, 2019 – Mar 15, 2019) 

ALUMINIUM:

 

ALUMINIUM 1

 
Technically on the daily charts we see minor support on the downside for Aluminum Mcx Future lies in zone of 125- 124 levels, where as minor resistance on the upside is capped around 139- 140 levels.

If Aluminum Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Aluminum Mcx Future can head towards major support on lower side around 120- 121 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Aluminum Mcx Future can head towards higher levels around 145- 146

Currently Aluminum Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 145- 146 on upside and 120- 121 on downside.

Nickel Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Nickel for the week  (Mar 11, 2019 – Mar 15, 2019) :

NICKEL:

 

NICKEL 1

 
Technically on the daily charts we see minor support on the downside for Nickel Mcx Future lies in zone of 967- 970 levels, where as minor resistance on the upside is capped around 910- 912 levels.

If Nickel Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Nickel Mcx Future can head towards major support on lower side around 858- 860 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Nickel Mcx Future can head towards higher levels around 1009- 1010

Currently Nickel Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 967- 970 on upside and 910- 912 on downside.

Lead Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Lead for the week  (Mar 11, 2019 – Mar 15, 2019) :

LEAD:

 

LEAD 1

 

Technically on the daily charts we see minor support on the downside for Lead Mcx Future lies in zone of 140- 142 levels, where as minor resistance on the upside is capped around 154 – 155 levels.

If Lead Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Lead Mcx Future can head towards major support on lower side around 134- 135 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Lead Mcx Future can head towards higher levels around 159- 160

Currently Lead Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 159- 160 on upside and 134- 135 on downside.

Zinc Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Zinc for the week (Mar 11, 2019 – Mar 15, 2019) :

ZINC:

 

ZINC 1

 
Technically on the daily charts we see minor support on the downside for Copper Mcx Future lies in zone of 184- 185 levels, where as minor resistance on the upside is capped around 204- 205 levels.

If Zinc Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Zinc Mcx Future can head towards major support on lower side around 175- 174 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Zinc Mcx Future can head towards higher levels around 218- 220

Currently Zinc Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 218- 220 on upside and 175- 174 on downside.

Copper Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Copper for the week  (Mar 11, 2019 – Mar 15, 2019) : 

COPPER:

 

COPPER 1

 

Technically on the daily charts we see minor support on the downside for Copper Mcx Future lies in zone of 448- 445 levels, where as minor resistance on the upside is capped around 468- 470 levels.

If Copper Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Copper Mcx Future can head towards major support on lower side around 432- 430 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Copper Mcx Future can head towards higher levels around 485- 487

Currently Copper Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 485- 487 on upside and 432 430 on downside.

Silver Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Silver for the week  (Mar 11, 2019 – Mar 15, 2019) :

SILVER:

 

SILVER 1

 

Technically on the daily charts we see minor support on the downside for Silver Mcx Future lies in zone of 37000- 36900 levels, where as minor resistance on the upside is capped around 39500- 39600 levels.

If Silver Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Silver Mcx Future can head towards major support on lower side around 36000- 35900 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Silver Mcx Future can head towards higher levels around 40500- 40600

Currently Silver Mcx Future is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 40500- 40600 on upside and 36000- 35900 on downside.

Gold Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Gold for the week   (Mar 11, 2019 – Mar 15, 2019) :

GOLD:

 

GOLD 1

 
Technically on the daily charts we see minor support on the downside for Gold Mcx Future lies in zone of 31500- 31400 levels, where as minor resistance on the upside is capped around 32300- 32400 levels.

If Gold Mcx Future breaches minor support on the downside and closes below it we may see fresh break down and Gold Mcx Future can head towards major support on lower side around 31000- 30900 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and Gold Mcx Future can head towards higher levels around 32800- 32900

Currently Gold Mcx Future is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 32800- 32900 on upside and 31000- 30900 on downside.

Colgate Palmolive Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Colgate Palmolive for the week (Mar 11, 2019 – Mar 15, 2019) : 

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate-Palmolive (India) Ltd.

BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Stock closed the week on negative to flat note losing -0.12%

Week High: 1273.95

Week Low: 1239.95

Week Range: 34.00

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for COLPAL at 1220- 1210 levels, whereas minor resistance on the upside is capped around 1270 -1280 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 1170- 1180 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 1320- 1330

Currently trend for the stock is sideways to bullish as stock trading near and above 200 days exponential moving average. EquityPandit’s predicts COLPAL range for the week is seen from 1320- 1330 on upside & 1170 -1180 on downside.

Dabur Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for DABUR for the week  (Mar 11, 2019 – Mar 15, 2019) : 

DABUR:

 

DABUR

 

Dabur India Ltd.

BSE: 500096| NSE: DABUR| ISIN: INE016A01026| SECTOR: FMCG

Stock closed the week on negative note losing -1.37%

Week High: 445.20

Week Low: 432.50

Week Range: 12.70

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DABUR at 420 -415 levels, whereas minor resistance on the upside is capped around 440- 445 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 390-400 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 460- 465

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DABUR range for the week is seen from 460 -465 on upside & 390- 400 on downside.

Hindustan Unilever Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Mar 11, 2019 – Mar 15, 2019) : 

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

Hindustan Unilever Ltd.

BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG

Stock closed the week on negative note losing -1.75%

Week High: 1734.95

Week Low: 1700.40

Week Range: 34.55

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for HINDUNILVR at 1650- 1640 levels, whereas minor resistance on the upside is capped around 1740- 1750 levels.

If stock bank breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 1570 -1560 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 1780- 1790

Currently trend for the stock is bearish as stock trading near 200 days exponential moving average. EquityPandit predicts HINDUNILVR range for the week is seen from 1780- 1790 on upside & 1570 -1560 on downside.

ITC Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for ITC for the week  (Mar 11, 2019 – Mar 15, 2019) :

ITC:

 

ITC

 

ITC Ltd.

BSE: 500857| NSE: ITC| ISIN: INE154A01025 | SECTOR: FMCG

Stock closed the week on positive note gaining +5.76%

Week High: 292.05

Week Low: 276.15

Week Range: 15.90

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for ITC at 270 -275 levels, whereas minor resistance on the upside is capped around 295- 300 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 250- 255 and if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 315-320

Currently trend for the stock is bullish as stock trading above 200 days exponential moving average. EquityPandit predicts ITC range for the week is seen from 315- 320 on upside & 250- 255 on downside.

Cipla Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Cipla for the week (Mar 11, 2019 – Mar 15, 2019) :

CIPLA:

 

CIPLA

 

Cipla Ltd.

BSE: 500087| NSE: CIPLA| ISIN: INE059A01026| SECTOR: PHARMA

Stock closed the week on negative note losing -2.77%

Week High: 554.85

Week Low: 539.50

Week Range: 15.35

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for CIPLA at 510-520 levels, whereas minor resistance on the upside is capped around 565- 570 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next Major support levels lower side around 470- 475 if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 590- 595

Currently trend for the stock is bearish as stock trading below 200 days exponential moving average.. EquityPandit’s predicts CIPLA range for the week is seen from 590- 595 on upside & 470- 475 on downside.

Dr. Reddy Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Mar 11, 2019 – Mar 15, 2019) : 

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative to flat note losing -0.75%

Week High: 2693.35

Week Low: 2615.95

Week Range: 77.40

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2460- 2450 levels, whereas minor resistance on the upside is capped around 2700- 2710 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2420- 2400, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2800- 2810

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DRREDDY range for the week is seen from 2800- 2810 on upside & 2400-2420 on downside.

Lupin Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Lupin for the week  (Mar 11, 2019 – Mar 15, 2019) :

LUPIN:

 

LUPIN

 

Lupin Ltd.

BSE: 500257| NSE: LUPIN| ISIN: INE326A01037| SECTOR: PHARMA

Stock closed the week on positive note gaining +1.97%

Week High: 791.10

Week Low: 764.75

Week Range: 26.35

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for LUPIN at 740- 730 levels, where as minor resistance on the upside is capped around 810 -820 levels.

If stock bank breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 700-690, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 860- 870

Currently trend for the stock is bearish as stock trading below 200 days exponential moving average. EquityPandit predicts LUPIN range for the week is seen from -860- 870 on upside & 700- 690 on downside.

Sun Pharma Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Sun Pharma for the week (Mar 11, 2019 – Mar 15, 2019) :

SUN PHARMA:

 

SUNPHARMA

 

Sun Pharmaceutical Industries Ltd.

BSE: 524715| NSE: SUNPHARMA| ISIN: INE044A01036 | SECTOR: PHARMA

Stock closed the week on positive note gaining +2.17%

Week High: 459.95

Week Low: 445.40

Week Range: 14.55

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SUNPHARMA at 395 – 390 levels, whereas minor resistance on the upside is capped around 460- 470 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 360- 350, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 500-510

Currently trend for the stock is bearish as stock trading below 200 days exponential moving average. EquityPandit predicts SUNPHARMA range for the week is seen from 500- 510 on upside & 360- 350 on downside.

Wipro Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Wipro for the week(Mar 11, 2019 – Mar 15, 2019) :

WIPRO:

 

WIPRO

 

WIPRO Ltd.

BSE: 507685 | NSE: WIPRO | ISIN: INE075A01022 | SECTOR: I.T.
Stock closed the week on negative note losing -7.57%

Week High: 281.65

Week Low: 256.50

Week Range: 25.15 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for WIPRO at 245- 250 levels, whereas minor resistance on the upside is capped around 265- 270 levels.

If WIPRO breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 220- 230, if WIPRO breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 285- 290

Currently trend for the stock bearish to sideways as stock trading very near to 200 days exponential moving averages. EquityPandit predicts WIPRO range for the week is seen from 285- 290 on upside & 220- 230 on downside.

HCL Tech Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for HCL Tech for the week (Mar 11, 2019 – Mar 15, 2019) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Technologies Ltd.

BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027| SECTOR: I.T.

Stock closed the week on negative note losing -4.25%

Week High: 1053.20

Week Low: 1008.45

Week Range: 44.75 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for HCLTECH at 985- 980 levels, whereas minor resistance on the upside is capped around 1030- 1035 levels.

If HCLTECH breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 930- 940 if HCLTECH breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 1080- 1090

Currently trend for the stock is bearish to sideways as trading near to 200 days exponential moving averages. EquityPandit predicts HCLTECH range for the week is seen from 1080- 1090 on upside & 930- 940 on downside.

TCS Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for TCS for the week (Mar 11, 2019 – Mar 15, 2019) :

TATA CONSULTANCY SERVICES:

 

TCS

 

Tata Consultancy Services Ltd.

BSE: 532540| NSE: TCS | ISIN: INE467A01029 | SECTOR: I.T

Stock closed the week on positive note gaining +1.92%

Week High: 2022.30

Week Low: 1984.25

Week Range: 38.05 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for TCS at 1940- 1930 levels, where as minor resistance on the upside is capped around 2080 – 2090 levels.

If TCS breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 1830- 1840 if TCS breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2150- 2160

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts TCS range for the week is seen from 2150- 2160 on upside & 1830- 1840 on downside.

Infosys Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquiyPandit’s Outlook for Infosys for the week (Mar 11, 2019 – Mar 15, 2019) :

INFOSYS:

 

INFY

 

Infosys Ltd.

BSE: 500209| NSE: INFY| ISIN: INE009A01021| SECTOR: I.T.

Stock closed the week on negative note losing -2.92%

Week High: 741.15

Week Low: 712.55

Week Range: 28.60 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for INFY at 690-700 levels, where as minor resistance on the upside is capped around 730- 740 levels.

If INFY breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 675- 670 if INFY breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 750-755

Currently trend for the Stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts INFY range for the week is seen from 750- 755 on upside & 675- 670 on downside.

SBI Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for SBI for the week  (Mar 11, 2019 – Mar 15, 2019) :

STATE BANK OF INDIA:

 

SBIN

 

State Bank of India

BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS

Stock closed the week on positive note gaining +4.26%

Week High:: 281.25

Week Low: 269.75

Week Range: 11.50

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for SBI at 270- 265 levels, whereas minor resistance on the upside is capped around 295- 300 levels.

If SBI breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 255- 250 if SBI breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 315- 320

Currently trend for the stock is sideways as stock trading very near or at 200 days exponential moving averages. EquityPandit predicts SBI range for the week is seen from 315- 320 on upside & 255- 250 on downside.

Axis Bank Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Axis Bank for the week (Mar 11, 2019 – Mar 15, 2019) :

AXIS BANK:

 

AXISBANK

 

AXIS Bank Ltd.

BSE: 532215| NSE: AXISBANK| ISIN: INE238A01034| SECTOR: BANKS

Stock closed the week on positive note gaining +3.24%

Week High: 732.35

Week Low: 703.10

Week Range: 29.25

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for AXISBANK at 695-690 levels, whereas minor resistance on the upside is capped around 740- 745 levels.

If AXISBANK breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 660-650 if AXISBANK breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 770-780

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts AXISBANK range for the week is seen from 770-780 on upside & 660-650 on downside.

ICICI Bank Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for ICICI Bank for the week  (Mar 11, 2019 – Mar 15, 2019) :

ICICI BANK:

 

ICICIBANK

 

 

ICICI Bank Ltd.

BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
Stock closed the week on positive note gaining +6.12%.

Week High: 371.60

Week Low: 348.80

Week Range: 22.80

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for ICICIBANK at 355- 360 levels, whereas minor resistance on the upside is capped around 380-385 levels.

If ICICIBANK breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 335-330 if ICICIBANK breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 420-430

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts ICICIBANK range for the week is seen from 420- 430 on upside & 335- 330 on downside.

 

HDFC Bank Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for HDFC Bank for the week  (Mar 11, 2019 – Mar 15, 2019) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank Ltd.

BSE: 500180| NSE: HDFCBANK| ISIN: INE040A01026| SECTOR: BANKS

Stock closed the week on positive note gaining +2.18%

Week High: 2127.60

Week Low: 2082.15

Week Range: 45.45 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for HDFCBANK at 2070-2060 levels, whereas minor resistance on the upside is capped around 2150-2160 levels.

If HDFCBANK breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next Major support levels lower side around 2020-2030 if HDFCBANK breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2220-2230

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit predicts HDFCBANK range for the week is seen from 2220 – 2230 on upside & 2020-2030 on downside.

 

Nifty Media Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Mar 11, 2019 – Mar 15, 2019) :

NIFTY MEDIA:

 

Nifty Media

 

NIFTY MEDIA Index closed the week on negative to flat note losing -4.20 Points (+0.17%).

Weekly High: 2586.95

Weekly Low: 2454.70

Weekly Close: 2461.25

Technically on the daily charts we see minor support on the downside for index lies at 2350- 2400 levels, where as minor resistance on the upside is capped around 2600- 2650 levels.

If Nifty MEDIA index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2200- 2250 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 2800- 2900

Currently Nifty MEDIA index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 2800 -2900 on upside and 2200- 2250 on downside.

Nifty Realty Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Mar 05, 2019 – Mar 08, 2019) : 

NIFTY REALTY:

 

Nifty Realty

 

NIFTY REALTY Index closed the week on positive note gaining +6.25 Points (+2.71%).

Weekly High: 239.30

Weekly Low: 229.50

Weekly Close: 236.50

Technically on the daily charts we see minor support on the downside for index lies at 220- 210 levels, where as minor resistance on the upside is capped around 245- 255 levels.

If Nifty REALTY index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 200- 190 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 260- 270

Currently Nifty REALTY index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 260- 270 on upside and 200- 190 on downside.

Nifty PSU Bank Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY PSU BANK for the week (Mar 11, 2019 – Mar 15, 2019) : 

NIFTY PSU BANK:

 

Nifty PSUBank

 

NIFTY PSUBANK Index closed the week on positive note gaining 176.50 Points (+6.39%).

Weekly High: 2973.80

Weekly Low: 2773.00

Weekly Close: 2937.30

Technically on the daily charts we see minor support on the downside for index lies at 2600- 2500 levels, where as minor resistance on the upside is capped around 3100- 3200 levels.

If Nifty PSUBANK index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2400- 2300 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 3450- 3500

Currently Nifty PSUBANK index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 3450- 3500 on upside and 2600- 2500 on downside.

Nifty Metal Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY METAL for the week (Mar 11, 2019 – Mar 15, 2019) :

NIFTY METAL:

 

Nifty Metal

 

NIFTY METAL Index closed the week on positive note gaining 76.35 Points (+2.66%).

Weekly High: 3035.70

Weekly Low: 2895.00

Weekly Close: 2947.95

Technically on the daily charts we see minor support on the downside for index lies at 2800-2700 levels, where as minor resistance on the upside is capped around 3200- 3300 levels.

If Nifty METAL index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 2500- 2400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 3500-3600

Currently Nifty METAL index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 3500- 3600 on upside and 2500- 2400 on downside.

Nifty Energy Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Mar 11, 2019 – Mar 15, 2019) :

NIFTY ENERGY:

 

Nifty Energy

 

NIFTY ENERGY Index closed the week on positive note gaining 534.05 Points (+3.60%).

Weekly High: 15485.90

Weekly Low: 14793.20

Weekly Close: 15352.55

Technically on the daily charts we see minor support on the downside for index lies at 14700- 14600 levels, where as minor resistance on the upside is capped around 15500- 15600 levels.

If Nifty ENERGY index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 14200- 14100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 16000- 16100

Currently Nifty ENERGY index is trading above 200 days exponential moving average suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 16000-16100 on upside and 14200- 14100 on downside.

Nifty Auto Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY Auto for the week (Mar 11, 2019 – Mar 15, 2019) : 

NIFTY AUTO:

 

Nifty Auto
NIFTY AUTO Index closed the week on positive note gaining 227.45 Points (+2.72%).

Weekly High: 8706.80

Weekly Low: 8362.80

Weekly Close: 8582.60

Technically on the daily charts we see minor support on the downside for index lies at 8000- 7900 levels, where as minor resistance on the upside is capped around 8900- 9000 levels.

If Nifty AUTO index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 7500- 7400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 9500- 9600

Currently Nifty AUTO index is trading below 200 days exponential moving average suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 9500-9600 on upside and 7500- 7400 on downside.

Nifty Pharma Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY Pharma for the week (Mar 11, 2019 – Mar 15, 2019) : 

NIFTY PHARMA:

 

Nifty Pharma

 
NIFTY PHARMA Index closed the week on positive note gaining 137 Points (+1.54%).

Weekly High: 9209.15

Weekly Low: 8882.20

Weekly Close: 9021.85

Technically on the daily charts we see minor support on the downside for index lies at 8900- 8800 levels, where as minor resistance on the upside is capped around 9400- 9500 levels.

If Nifty PHARMA index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 8500- 8400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 9900- 10000

Currently Nifty PHARMA index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 9900- 10000 on upside and 8500- 8400 on downside.

Nifty FMCG Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week(Mar 11, 2019 – Mar 15, 2019) :

NIFTY FMCG:

 

NIFTY FMCG

 
NIFTY FMCG Index closed the week on positive note gaining 682.90 Points (+2.33%).

Weekly High: 30071.10

Weekly Low: 29334.40

Weekly Close: 29945.75

Technically on the daily charts we see minor support on the downside for index lies at 29000- 29100 levels, where as minor resistance on the upside is capped around 31000- 31100 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27000- 27100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 33000- 33100

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31000- 31100 on upside and 29000- 29100 on downside.

 

 

Nifty IT Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY IT for the week (Mar 11, 2019 – Mar 15, 2019)

NIFTY IT:

 

Nifty IT

 

 

NIFTY IT Index closed the week on negative note losing -323.20 Points (-2.06%).

Weekly High: 15871.10

Weekly Low: 15388.20

Weekly Close: 15408.70

Technically on the daily charts we see minor support on the downside for index lies at 15100- 15000 levels, where as minor resistance on the upside is capped around 16200 – 16300 levels.

If Nifty IT index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 14500- 14400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 16700- 16800

Currently Nifty IT index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 16700-16800 on upside and 14500-14400 on downside.

Nifty Bank Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Nifty Bank for the week   (Mar 11, 2019 – Mar 15, 2019) :

NIFTY BANK:

 

bank nifty

 
NIFTY BANK Index closed the week on positive note gaining 971.90 Points (+3.63%).

Weekly High: 27815.50

Weekly Low: 26928.90

Weekly Close: 27761.80

Technically on the daily charts we see minor support on the downside for index lies at 26500- 26400 levels, where as minor resistance on the upside is capped around 27900-28000 levels.

If Nifty bank index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 26000- 25900 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 28400- 28500

Currently Nifty bank index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 28400-28500 on upside and 26000-25900 on downside.

Nifty Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Nifty for the week  (Mar 11, 2019 – Mar 15, 2019):

NIFTY:

nifty

 

NIFTY 50 Index closed the week on positive note gaining +242.90 Points (+2.25%).

Weekly High: 11089.05

Weekly Low: 10784.80

Weekly Close: 11035.40

Technically on the daily charts we see minor support on the downside for nifty 50 index lies at 10500- 10550 levels, where as minor resistance on the upside is capped around 11150- 11250 levels.

If nifty 50 index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 10150- 10200 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 11600- 11700

Currently nifty 50 index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 11600- 11700 on upside and 10500- 10550 on downside.

MCX Tips for – March 08, 2019

Gold (31934): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32218  levels.

Silver (38064):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37950  levels.

Crude (3982): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 4042  levels.

Natural Gas (200.10): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 198.80 levels.

Copper (454.10): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 458.70.

Zinc (192.70): Zinc has entered into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 198.30.

Lead (147.45): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 150.00.

Nickel (926.50):  Nickel has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 952.50 levels.

Aluminium (144.65): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 148.10 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – March 07, 2019

Gold (31948): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32435  levels.

Silver (38165):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37950  levels.

Crude (3938): Crude has entered into negative zone and traders can go short at every rise or hold short positions until Crude closes above 4042  levels.

Natural Gas (199.40): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 198.80 levels.

Copper (455.00): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 463.40.

Zinc (196.90): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 195.60.

Lead (147.60): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 150.20.

Nickel (955.10):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 940.70 levels.

Aluminium (144.30): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 148.60 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – March 06, 2019

Gold (32083): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32603  levels.

Silver (39013):  Silver has entered into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37950  levels.

Crude (4005): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3950  levels.

Natural Gas (203.00): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 198.80 levels.

Copper (460.35): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 465.50.

Zinc (198.40): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 195.60.

Lead (148.50): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 151.30.

Nickel (963.00):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 940.70 levels.

Aluminium (145.65): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 150.00 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – March 05, 2019

Gold (32370): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  32739  levels.

Silver (38045):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  38685  levels.

Crude (3986): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3950  levels.

Natural Gas (202.50): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 198.80 levels.

Copper (458.70): Copper has entered into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 465.50.

Zinc (196.25): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 195.60.

Lead (149.50): Lead has entered into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 153.10.

Nickel (941.60):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 928.30 levels.

Aluminium (146.05): Aluminium has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 151.00 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

Natural Gas Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Mar 05, 2019 – Mar 08, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 5.50%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 190 to 195. Resistance for the commodity lies in the zone of 200 to 205 from where the commodity broke down from January-2019 low. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 220 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 204 and close the week around the levels of 203.

Minor support for the commodity lies in the zone of 195 to 198. Support for the commodity lies in the zone of 185 to 190 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where long term Fibonacci levels and low for the month of February-2019 are lying.

Resistance for the commodity lies in the zone of 205 to 210 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 225 where Fibonacci levels and medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 220 – 225 on upside.

Crude Oil Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Crude Oil for the week  (Mar 05, 2019 – Mar 08, 2019) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 2.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 3950 to 4000 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3850 to 3900 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 3916 and close the week around the levels of 3982.

Support for the commodity lies in the zone of 3850 to 3900 where break out levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3600 to 3650 where Fibonacci levels and low for the month of February-2019 is lying.

Resistance for the commodity lies in the zone of 4050 to 4100 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4300 to 43500 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3800 – 3850 on downside & 4200 – 4250 on upside.

Aluminium Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Aluminium for the week  (Mar 05, 2019 – Mar 08, 2019) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 11.10%.

As we have mentioned last week, that minor support for the commodity lies around 130 to 132. Support for the commodity lies in the zone of around 125 to 127 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 120 to 122 where the commodity has taken multiple support in the month of June-2017 and August-2017. During the week the commodity manages to hit a low of 133 and close the week around the levels of 149.

Minor support for the commodity lies around 145 to 147. Support for the commodity lies in the zone of around 140 to 143 from where the commodity broke out of February-2019 high and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 135 to 137 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 150 to 152 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 155 to 157 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 140 – 143 on downside and 155 – 158 on upside.

Nickel Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Nickel for the week  (Mar 05, 2019 – Mar 08, 2019) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 1.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 910 to 920 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 950 to 960 where Fibonacci levels and high for the month of October-2018 are lying. During the week the commodity manages to hit a high of 950 and close the week around the levels of 935.

Minor support for the commodity lies in the zone of 920 to 925. Support for the commodity lies in the zone of 900 to 910 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 860 to 870 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 950 to 960 where Fibonacci levels and high for the month of October-2018 & February-2019 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 980 to 990 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 890 – 900 on downside & 980 – 990 on upside.

Lead Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Lead for the week  (Mar 05, 2019 – Mar 08, 2019) :

LEAD:

 

LEAD 1

 

LEAD closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 146 to 148 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 144 from where the commodity broke out from the highs of December-2018 and Fibonacci levels are lying. During the week the commodity manages to hit a low of 146 and close the week around the levels of 152.

Support for the commodity lies in the zone of 146 to 148 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 144 from where the commodity broke out from the highs of December-2018 and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 153 to 155 where Fibonacci levels and high for the month of February-2019 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 158 to 160 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 144 – 147 on downside & 157 – 160 on upside.

Zinc Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Zinc for the week  (Mar 05, 2019 – Mar 08, 2019) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 2.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 191 and close the week around the levels of 199.

Minor support for the commodity lies around 193 to 195. Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels and high for the month of February-2019 is lying.

Broad range for the commodity in the coming week can be seen between 187 – 190 on downside & 206 – 209 on upside.

Copper Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Copper for the week   (Mar 05, 2019 – Mar 08, 2019) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 0.10%.

As we have mentioned last week, that minor support for the commodity lies around 458 to 460. Support for the commodity lies in the zone of 450 to 455 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 440 to 445 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 459 and close the week around the levels of 463.

Minor support for the commodity lies around 458 to 460. Support for the commodity lies in the zone of 450 to 455 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 440 to 445 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 465 to 470 where Fibonacci levels and high for the month of October-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 445 – 450 on downside & 475 – 480 on upside.

Silver Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Silver for the week  (Mar 05, 2019 – Mar 08, 2019) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 4.50%.

As we have mentioned last week, that minor resistance for the commodity lies around 40400 to 40500. Resistance for the commodity lies in the zone of 40800 to 41000 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41500 to 41700 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 41010 and close the week around the levels of 39063.

Minor support for the commodity lies around 39000 to 39100. Support for the commodity lies in the zone of 38500 to 38700 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38000 to 38200 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 39400 to 39600 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40000 to 40200 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 38000 – 38200 on downside & 40000 – 40200 on upside.

Gold Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Gold for the week  (Mar 05, 2019 – Mar 08, 2019) :

GOLD:

 

GOLD 1

 

GOLD closed the week on negative note losing around 2.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 33000 to 33100 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 32500 to 32600 where long term Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 32600 and close the week around the levels of 32657.

Support for the commodity lies in the zone of 32500 to 32600 where long term Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 32200 to 32300 from where the commodity broke out October-2018 & December-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 33000 to 33200 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 33600 to 33800 where Gap for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 32000 – 32200 on downside & 33200 – 33500 on upside.

Colgate Palmolive Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Colgate Palmolive for the week (Mar 05, 2019 – Mar 08, 2019) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on negative note losing around 0.70%.

As we have mentioned last week, that resistance for the stock lies around 1260 to 1280 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1330 to 1350 where Fibonacci levels are lying. During the week the stock manages to hit a high of 1290 and close the week around the levels of 1246.

Support for the stock lies in the zone of 1200 to 1220 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1160 to 1180 where Fibonacci levels are lying.

Resistance for the stock lies around 1260 to 1280 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1300 to 1320 where high for the month of February-2019 are lying.

Broad range for the stock is seen between 1200 to 1220 on downside & 1280 to 1300 on upside.

Dabur Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for DABUR for the week  (Mar 05, 2019 – Mar 08, 2019) :

DABUR:

 

DABUR

 

Dabur closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that support for the stock lies in the zone of 428 to 432 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 410 to 415 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 424 and close the week around the levels of 445.

Support for the stock lies in the zone of 438 to 442 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 428 to 432 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies around 455 to 460 where high for the month of December-2018 & February-2019 and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 475 to 480 from where the stock has broken down from the consolidation in the month of September-2018.

Broad range for the stock in the coming week can be seen between 420 to 425 on downside & 460 to 465 on upside.

Hindustan Unilever Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Mar 05, 2019 – Mar 08, 2019) : 

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the stock lies in the zone of 1730 to 1750 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1680 to 1700 where Fibonacci levels are lying. During the week the stock manages to hit a low of 1729 and close the week around the levels of 1735.

Support for the stock lies in the zone of 1720 to 1730 where Fibonacci levels and low for the month of January-2019 & February-2019 are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1670 to 1680 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the stock lies around 1750 to 1770. Resistance for the stock lies in the zone of 1800 to 1820 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 1850 to 1870 where the stock has formed a top in the month of December-2018 and February-2019.

Broad range for the stock in coming week is seen between 1680 to 1700 on downside & 1780 to 1800 on upside.

ITC Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for ITC for the week  (Mar 05, 2019 – Mar 08, 2019) : 

ITC:

 

ITC

 

ITC closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where Fibonacci levels and low for the month of December-2018 is lying. During the week the stock manages to hit a low of 273 and close the week around the levels of 278.

Support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 268 to 270 where Fibonacci levels and low for the month of December-2018 & February-2019 is lying.

Resistance for the stock lies in the zone of 278 to 281 where short; medium and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 284 to 286 where Fibonacci levels are lying.

Broad range for the stock in coming week is seen between 265 to 270 on downside & 285 to 290 on upside.

Cipla Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Cipla for the week  (Mar 05, 2019 – Mar 08, 2019) : 

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 2.00%

As we have mentioned last week, that resistance for the stock lies in the zone of 545 to 550 where Fibonacci levels and gap are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 570 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a high of 558 and close the week around the levels of 552.

Support for the stock lies in the zone of 540 to 545 where break out levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of around 525 to 530 where Fibonacci levels and short term moving averages are lying.

Resistance for the stock lies in the zone of 555 to 560 where long term moving averages and gap are lying. If the stock manages to close above these levels then the stock can move to the levels of 565 to 570 where Fibonacci levels are lying.

Broad range for the stock is seen in the range of 530 – 535 on downside & 565 – 570 on upside.

Dr. Reddy Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Mar 05, 2019 – Mar 08, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2700 to 2750 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 2695 and close the week around the levels of 2646.

Minor support for the stock lies in the zone of 2550 to 2600. Support for the stock lies in the zone of 2450 to 2500 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2750 – 2800 on upside.

Lupin Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Lupin for the week  (Mar 05, 2019 – Mar 08, 2019) :

LUPIN:

 

LUPIN

 

Lupin closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 790 to 800 from where the stock has broken down from the low of August-2018 and December-2018. If the stock manages to close above these levels then the stock can move to the levels of 820 to 830 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a high of 791 and close the week around the levels of 787.

Minor support for the stock lies in the zone of 765 to 775. Support for the stock lies in the zone of 740 to 750 where the stock has formed a low in the month of June-2018 and February-2019. If the stock manages to close below these levels then the stock can drift to the levels of 720 to 730 where the stock has formed a low in the month of March-2018 and May-2018.

Resistance for the stock lies in the zone of 790 to 800 from where the stock has broken down from the low of August-2018 and December-2018. If the stock manages to close above these levels then the stock can move to the levels of 820 to 830 where Fibonacci levels and short term moving averages are lying.

Broad range for the stock in coming week can be seen from 740 – 750 on lower side & 820 – 830 on upper side.

Sun Pharma Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Sun Pharma for the week  (Mar 05, 2019 – Mar 08, 2019) : 

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on positive note gaining around 4.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 435 to 440 where trend-line joining earlier low is lying. If the stock manages to close above these levels then the stock can move to the levels of 460 to 465 where Fibonacci levels are lying. During the week the stock manages to hit a high of 452 and close the week around the levels of 447.

Minor support for the stock lies in the zone of 430 to 440. Support for the stock lies around 400 to 415 where the stock has formed a bottom in the month of February-2019. If the stock manages to close below these levels then the stock can drift to the levels of 345 to 350.

Resistance for the stock lies in the zone of 455 to 465 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 480 to 490 where gap and long term moving averages are lying.

Broad range for the stock in the coming week can be 410 – 420 on lower side & 470 – 480 on upper side.

Wipro Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Wipro for the week  (Mar 05, 2019 – Mar 08, 2019) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the stock lies in the zone of 360 to 365 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 350 to 355 where Fibonacci levels are lying. During the week the stock manages to hit a low of 365 and close the week around the levels of 376.

Support for the stock lies in the zone of 360 to 365 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 350 to 355 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 375 to 380 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 385 to 390 where high for the month of February-2019 is lying.

Broad range for the stock in the coming week is seen between 350 to 355 on downside & 395 to 400 on upside.

HCL Tech Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for HCL Tech for the week (Mar 05, 2019 – Mar 08, 2019) : 

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on negative note losing around 1.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1075 to 1085 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 1100 to 1120 where the stock has formed a high in the month of September-2018. During the week the stock manages to hit a high of 1096 and close the week around the levels of 1053.

Support for the stock lies in the zone of 1030 to 1040 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1010 to 1020 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 1075 to 1085 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 1100 to 1120 where the stock has formed a high in the month of September-2018.

Broad range for the stock in the coming week is seen between 1000 to 1020 on downside & 1100 to 1120 on upside.

TCS Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for TCS for the week  (Mar 05, 2019 – Mar 08, 2019) : 

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on positive note gaining around 3.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1960 to 1980 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2020 to 2040 where Fibonacci levels are lying. During the week the stock manages to hit a high of 2075 and close the week around the levels of 1995.

Support for the stock lies in the zone of 1960 to 1980 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1880 to 1900 where long term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2020 to 2040 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2080 to 2100 where Fibonacci levels and high for the month of February-2019 is lying.

Broad range for the stock in the coming week is seen between 1920 to 1940 on downside & 2060 to 2080 on upside.

Infosys Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquiyPandit’s Outlook for Infosys for the week  (Mar 05, 2019 – Mar 08, 2019) : 

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the stock lies around 750 to 760 from where the stock broke out of October-2018 and January-2019 high. If the stock manages to close above these levels then the stock can move to the levels of 770 to 780. During the week the stock manages to hit a high of 758 and close the week around the levels of 742.

Support for the stock lies in the zone of 710 to 720 where Fibonacci levels and high for the month of December-2018 are lying. If the stock manages to close below these levels the stock can drift to the levels of 690 to 700 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies around 750 to 760 from where the stock broke out of October-2018 and January-2019 high. If the stock manages to close above these levels then the stock can move to the levels of 770 to 780 where high for the month of February-2019 is lying.

Broad range for the stock in the coming week is seen between 710 to 720 on downside & 760 to 770 on upside.

SBI Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for SBI for the week  (Mar 05, 2019 – Mar 08, 2019) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that minor support for the stock lies around 260 to 265. Support for the stock lies in the zone of 245 to 250 where low for the month of October-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 235 to 240 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 263 and close the week around the levels of 273.

Minor support for the stock lies around 265 to 268. Support for the stock lies in the zone of 255 to 260 where low for the month of February-2019 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 245 to 250 where low for the month of October-2018 and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 275 to 278 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 283 to 287 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 255 to 260 on lower side & 280 to 285 on upper side.

Axis Bank Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Axis Bank for the week  (Mar 05, 2019 – Mar 08, 2019) : 

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on absolutely flat note.

As we have mentioned last week, that minor resistance for the stock lies around 700 to 705. Resistance for the stock lies in the zone of 725 to 735 where the stock has formed a short term top. If the stock manages to close above these levels then the stock can move to the levels of 750 to 760. During the week the stock manages to hit a high of 728 and close the week around the levels of 702.

Support for the stock lies in the zone of 675 to 685 from where the stock broke out of double top pattern and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 650 to 660 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the stock lies around 700 to 705. Resistance for the stock lies in the zone of 725 to 735 where the stock has formed a high in the month of February-2019. If the stock manages to close above these levels then the stock can move to the levels of 750 to 760.

Broad range for the stock in the coming week can be 670– 680 on lower side & 730 – 740 on upper side.

ICICI Bank Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for ICICI Bank for the week  (Mar 05, 2019 – Mar 08, 2019) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 350 to 355 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 365 to 370 where Fibonacci levels are lying. During the week the stock manages to hit a high of 357 and close the week around the levels of 354.

Minor support for the stock lies in the zone of 348 to 350. Support for the stock lies in the zone of 335 to 340 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 330 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 355 to 360 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 365 to 370 where Fibonacci levels and high for the month of February-2019 are lying.

Broad range for the stock in the coming week can be 335 – 340 on lower side & 365 – 370 on upper side.

HDFC Bank Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for HDFC Bank for the week   (Mar 05, 2019 – Mar 08, 2019) : 

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on negative note losing around 0.40%.

As we have mentioned last week, that minor resistance for the stock lies around 2110 to 2120. Resistance for the stock lies in the zone of 2140 to 2150 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 where high for the month of July-2018 is lying. During the week the stock manages to hit a high of 2130 and close the week around the levels of 2083.

Support for the stock lies in the zone of 2070 to 2080 where the stock has formed a triple bottom in the month of February-2019 and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 2030 to 2050 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the stock lies around 2100 to 2110. Resistance for the stock lies in the zone of 2140 to 2150 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 where high for the month of July-2018 is lying.

Broad range for the stock in the coming week can be 2030 to 2050 on lower side & 2120 to 2140 on upper side.

Nifty Media Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Mar 05, 2019 – Mar 08, 2019) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 6.30%.

As we have mentioned last week, that minor support for the index lies around 2300 to 2350. Support for the index lies in the zone of 2200 to 2250 from where the index has broken out. If the index manages to close below these levels then the index can drift to the levels of 2050 to 2100 where Fibonacci levels are lying. During the week the index manages to hit a low of 2350 and close the week around the levels of 2545.

Minor support for the index lies around 2400 to 2450. Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250 from where the index has broken out.

Resistance for the index lies in the zone of 2550 to 2600 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2650 to 2700 where long term Fibonacci levels are lying.

Broad range for the index is seen between 2350 to 2400 on downside & 2650 to 2700 on upside.

Nifty Realty Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Mar 05, 2019 – Mar 08, 2019) : 

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on negative note losing around 1.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 233 to 236 from where the index has broken down after consolidation and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 240 to 245 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a high of 240 and close the week around the levels of 230.

Minor support for the index lies in the zone of 225 to 227. Support for the index lies in the zone of 220 to 223 from where the index broke out of October-2018 high and Fibonacci levels are lying. If the index manages to close below these levels then the index can witness a freefall and can drift to the levels of 195 to 200 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 233 to 236 from where the index has broken down after consolidation and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 240 to 245 where Fibonacci levels and long term moving averages are lying.

Broad range for the index is seen between 215 to 220 on downside & 240 to 245 on upside.

Nifty PSU Bank Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Mar 05, 2019 – Mar 08, 2019) : 

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that minor support for the index lies around 2650 to 2700. Support for the index lies in the zone of 2550 to 2600 where low for the month of October-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 2450 to 2500 where Fibonacci levels are lying. During the week the index manages to hit a low of 2690 and close the week around the levels of 2832.

Minor support for the index lies around 2770 to 2800. Support for the index lies in the zone of 2650 to 2700 where low for the month of February-2019 is lying. If the index manages to close below these levels then the index can drift to the levels of 2550 to 2600 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 2850 to 2900 from where the index broke down from January-2019 low and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2950 to 3000 where Fibonacci levels and long term moving averages are lying.

Broad range for the index is seen between 2700 to 2750 on downside & 2900 to 2950 on upside.

Nifty Metal Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY METAL for the week (Mar 05, 2019 – Mar 08, 2019) :  

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on positive note gaining around 2.80%.

As we have mentioned last week, that resistance for the index lies in the zone of 2800 to 2850 where long term Fibonacci levels are lying. If the index manages close above these levels then the index can move to the levels of 2900 to 2950 from where the index broke down after consolidation and low for the month of December-2018 is lying. During the week the index manages to hit a high of 2926 and close the week around the levels of 2923.

Support for index lies around 2800 to 2850 where long term Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2700 to 2750 from where the index broke out of consolidation.

Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation and low for the month of December-2018 is lying. If the index manages close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2750 to 2800 on downside & 3050 to 3100 on upside.

Nifty Energy Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Mar 05, 2019 – Mar 08, 2019) :

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that minor support for the index lies around 14500 to 14600. Support for the index lies in the zone of 14200 to 14300 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 13800 to 13900 where Fibonacci levels and low for the month of January-2019 is lying. During the week the index manages to hit a low of 14474 and close the week around the levels of 14858.

Minor support for the index lies around 14500 to 14600. Support for the index lies in the zone of 14200 to 14300 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 13800 to 13900 where Fibonacci levels and low for the month of January-2019 is lying.

Resistance for the index lies in the zone of 15000 to 15100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 15500 to 15600 where Fibonacci levels are lying.

Broad range for the index is seen between 14200 to 14300 on downside & 15200 to 15300 on upside.

Nifty Auto Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY Auto for the week  (Mar 05, 2019 – Mar 08, 2019) : 

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.60%.

As we have mentioned last week, that minor resistance for the index lies around 8300 to 8350. Resistance for the index lies in the zone of 8450 to 8550 from where the index has broken down from the October-2018 low. If the index manages to close below these levels then the index can move to the levels of 8700 to 8800 where Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a high of 8533 and close the week around the levels of 8414.

Minor resistance for the index lies around 8250 to 8300. Support for the index lies in the zone of 8000 to 8100 where long term Fibonacci levels and low for the month of January-2019 & February-2019 are lying. If the index manages to close below these levels then the index can drift to the levels of 7500 to 7600.

Resistance for the index lies in the zone of 8450 to 8550 from where the index has broken down from the October-2018 low and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 8700 to 8800 where high for the month of February-2019 and medium term moving averages are lying.

Broad range for the index is seen from 8100 to 8200 on downside & 8600 to 8700 on upside.

Nifty Pharma Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Mar 05, 2019 – Mar 08, 2019) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that minor support for the index lies around 8600 to 8700. Support for the index lies in the zone of 8400 to 8500 where the index has formed a bottom in the month of December-2018. If the index manages to close below these levels then the index can drift to the levels of 8200 to 8300. During the week the index manages to hit a low of 8659 and close the week around the levels of 8973.

Minor support for the index lies around 8700 to 8800. Support for the index lies in the zone of 8500 to 8600 where the index has formed a bottom in the month of January-2019. If the index manages to close below these levels then the index can drift to the levels of 8200 to 8300 where low for the month of February-2019 is lying.

Resistance for the index lies in the zone of 9000 to 9100 where high for the month of January-2019 & February-2019 and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 9200 to 9300 where Fibonacci levels are lying.

Broad range for the index is seen from 8600 to 8700 on downside & 9200 to 9300 on upside.

Nifty FMCG Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 05, 2019 – Mar 08, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that resistance for the index lies around 29300 to 29500 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29800 to 30000 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 29548 and close the week around the levels of 29465.

Support for the index lies in the zone of 28800 to 29000 where low for the month of December-2018 and February-2019 are lying. If the index manages to close below these levels then the index can drift to the levels of 28200 to 28400 where Fibonacci levels are lying.

Resistance for the index lies around 29300 to 29500 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29800 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 28600 to 28800 on downside & 29800 to 30000 on upside.

Nifty IT Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY IT for the week  (Mar 05, 2019 – Mar 08, 2019) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 15700 to 15800 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 16300 to 16400 where high for the month of September-2018 and October-2018 are lying. During the week the index manages to hit a high of 16069 and close the week around the levels of 15848.

Minor support for the index lies in the zone of 15700 to 15800. Support for the index lies in the zone of 15300 to 15400 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 15000 to 15100 where Fibonacci levels and medium term moving averages are lying.

Resistance for the index lies in the zone of 16100 to 16200 where the index has formed a high in the month of February-2019. If the index manages to close above these levels then the index can move to the levels of 16300 to 16400 where high for the month of September-2018 and October-2018 are lying.

Range for the week is seen from 15400 to 15500 on downside & 16100 to 16200 on upside.

Nifty Bank Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Nifty Bank for the week  (Mar 05, 2019 – Mar 08, 2019):

NIFTY BANK:

 

BANKNIFTY

 

Nifty Bank closed the week on positive note gaining around 0.70%.

As we have mentioned, last week that support for the index lies in the zone 26700 to 26800 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 26300 to 26400 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a low of 26719 and close the week around the levels of 27044.

Minor support for the index lies in the zone of 26700 to 26800. Support for the index lies in the zone 26500 to 26600 where low for the month of February-2019 and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 26300 to 26400 where Fibonacci levels and low for the month of January-2019 are lying.

Minor resistance for the index lies in the zone of 27100 to 27200. Resistance for the index lies in the zone of 27350 to 27450 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27600 to 27700 where high for the month of January-2019 and February-2019 are lying.

Range for the week is seen from 26400 to 26600 on downside & 27400 to 27600 on upside.

Nifty Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Nifty for the week  (Mar 05, 2019 – Mar 08, 2019):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.70%.

As we have mentioned last week that resistance for the index lies around 10800 to 10900 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 11100 to 11200 where Fibonacci levels are lying. During the week the index manages to hit a high of 10940 and close the week around the levels of 10863.

Support for the index lies in the zone of 10550 to 10650 where low for the month of January-2019 & February-2019 and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where Fibonacci levels and low for the month of December-2018 are lying.

Resistance for the index lies around 10800 to 10900 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 11100 to 11200 where Fibonacci levels and high for the month of February-2019 are lying.

Broad range for the week is seen from 10400 to 10500 on downside & 11100 to 11200 on upside.

MCX Tips for – March 01, 2019

Gold (32981): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  33488  levels.

Silver (39134):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  39992  levels.

Crude (4058): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3950  levels.

Natural Gas (199.70): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 197.00 levels.

Copper (463.00): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 457.50.

Zinc (198.90): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 194.60.

Lead (153.30): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 149.50.

Nickel (928.00):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 910.80 levels.

Aluminium (134.75): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 133.00 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – February 28, 2019

Gold (33286): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  33700  levels.

Silver (39760):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  40455  levels.

Crude (4089): Crude has entered into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3936  levels.

Natural Gas (199.50): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 197.00 levels.

Copper (464.70): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 456.30.

Zinc (197.95): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 193.20.

Lead (151.20): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 146.70.

Nickel (924.70):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 903.30 levels.

Aluminium (135.20): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 133.00 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – February 27, 2019

Gold (33367): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  33700  levels.

Silver (40054):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  40610  levels.

Crude (3952): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 4057  levels.

Natural Gas (200.40): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 197.00 levels.

Copper (460.70): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 456.30.

Zinc (196.90): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 191.20.

Lead (147.70): Lead has entered into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 144.50.

Nickel (913.90):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 902.30 levels.

Aluminium (134.15): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 132.80 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – February 26, 2019

Gold (33300): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  33700  levels.

Silver (40006):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  40640  levels.

Crude (3932): Crude has entered into negative zone and traders can go short at every rise or hold short positions until Crude closes above 4105  levels.

Natural Gas (201.50): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 192.60 levels.

Copper (460.15): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 456.30.

Zinc (193.70): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 191.20.

Lead (146.60): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 146.90.

Nickel (914.00):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 902.30 levels.

Aluminium (133.40): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 132.80 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – February 25, 2019

Gold (33517): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  33737  levels.

Silver (40268):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  40640  levels.

Crude (4085): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3999  levels.

Natural Gas (192.30): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 187.10 levels.

Copper (462.35): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 452.20.

Zinc (194.50): Zinc is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 189.30.

Lead (145.90): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 146.90.

Nickel (917.80):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 900.00 levels.

Aluminium (134.40): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 132.80 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

MCX Subscription Pricing details can be seen at MCX Services

Natural Gas Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 25, 2019 – Mar 01, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 190 to 195. Resistance for the commodity lies in the zone of 200 to 205 from where the commodity broke down from January-2019 low. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 220 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 193 and close the week around the levels of 192.

Minor support for the commodity lies in the zone of 185 to 188. Support for the commodity lies in the zone of 175 to 180 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 160 to 165 where the commodity has taken multiple support in the month of February-2018 and March-2018.

Minor resistance for the commodity lies in the zone of 190 to 195. Resistance for the commodity lies in the zone of 200 to 205 from where the commodity broke down from January-2019 low. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 220 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 200 – 205 on upside.

Crude Oil Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Crude Oil for the week  (Feb 25, 2019 – Mar 01, 2019) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 3.40%.

As we have mentioned last week, that Resistance for the commodity lies in the zone of 4000 to 4050 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4300 to 4350 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 4126 and close the week around the levels of 4084.

Support for the commodity lies in the zone of 3950 to 4000 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3850 to 3900 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 4150 to 4200 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4300 to 4350 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3900 – 3950 on downside & 4200 – 4250 on upside.

Aluminium Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Aluminium for the week  (Feb 25, 2019 – Mar 01, 2019) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 136 to 138 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 140 to 142 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a high of 136 and close the week around the levels of 134.

Minor support for the commodity lies around 130 to 132. Support for the commodity lies in the zone of around 125 to 127 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 120 to 122 where the commodity has taken multiple support in the month of June-2017 and August-2017.

Resistance for the commodity lies in the zone of 136 to 138 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 140 to 142 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 125 – 128 on downside and 140 – 143 on upside.

Nickel Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Nickel for the week  (Feb 25, 2019 – Mar 01, 2019) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 890 to 900. Resistance for the commodity lies in the zone of 910 to 920 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 950 to 960 where Fibonacci levels and high for the month of October-2018 are lying. During the week the commodity manages to hit a high of 929 and close the week around the levels of 918.

Minor support for the commodity lies in the zone of 890 to 900. Support for the commodity lies in the zone of 860 to 870 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 840 to 850 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 910 to 920 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 950 to 960 where Fibonacci levels and high for the month of October-2018 are lying.

Broad range for the commodity in the coming week can be seen between 860 – 870 on downside & 940 – 950 on upside.

Lead Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Lead for the week  (Feb 25, 2019 – Mar 01, 2019) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 1.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 146 to 148 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 144 from where the commodity broke out from the highs of December-2018 and Fibonacci levels are lying. During the week the commodity manages to hit a low of 143 and close the week around the levels of 146.

Support for the commodity lies in the zone of 146 to 148 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 142 to 144 from where the commodity broke out from the highs of December-2018 and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 153 to 155 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 158 to 160 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 138 – 140 on downside & 153 – 155 on upside.

Zinc Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Zinc for the week  (Feb 25, 2019 – Mar 01, 2019) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 2.10%.

As we have mentioned last week, that support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 187 and close the week around the levels of 194.

Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the commodity lies around 193 to 195. Resistance for the commodity lies in the zone of 198 to 200 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 185 – 188 on downside & 200 – 203 on upside.

Copper Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Copper for the week   (Mar 25, 2019 – Mar 01, 2019) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 4.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 448 to 452 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 463 and close the week around the levels of 462.

Minor support for the commodity lies around 458 to 460. Support for the commodity lies in the zone of 450 to 455 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 440 to 445 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 465 to 470 where Fibonacci levels and high for the month of October-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 475 to 480.

Broad range for the commodity in the coming week can be seen between 445 – 450 on downside & 475 – 480 on upside.

Silver Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Silver for the week  (Feb 25, 2019 – Mar 01, 2019) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that minor resistance for the commodity lies around 40200 to 40400. Resistance for the commodity lies in the zone of 40800 to 41000 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41500 to 41700 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40993 and close the week around the levels of 40280.

Minor support for the commodity lies around 40000 to 40100. Support for the commodity lies in the zone of 39500 to 39700 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39200 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the commodity lies around 40400 to 40500. Resistance for the commodity lies in the zone of 40800 to 41000 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41500 to 41700 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 39500 – 39700 on downside & 41000 – 41200 on upside.

Gold Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Gold for the week  (Feb 25, 2019 – Mar 01, 2019) :

GOLD:

 

GOLD 1

 

GOLD closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 33400 to 33500 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 33800 to 33900. During the week the commodity manages to hit a high of 34031 and close the week around the levels of 33495.

Support for the commodity lies in the zone of 33000 to 33100 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 32500 to 32600 where long term Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 33500 to 33600 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 33900 to 34000.

Broad range for the commodity in the coming week can be seen between 32800 – 33000 on downside & 33800 – 34000 on upside.

Colgate Palmolive Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Colgate Palmolive for the week (Feb 25, 2019 – Mar 01, 2019) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that support for the stock lies in the zone of 1200 to 1220 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1160 to 1180 where Fibonacci levels are lying. During the week the stock manages to hit a low of 1212 and close the week around the levels of 1255.

Support for the stock lies in the zone of 1200 to 1220 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1160 to 1180 where Fibonacci levels are lying.

Resistance for the stock lies around 1260 to 1280 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1330 to 1350 where Fibonacci levels are lying.

Broad range for the stock is seen between 1200 to 1220 on downside & 1280 to 1300 on upside.

Dabur Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for DABUR for the week  (Feb 25, 2019 – Mar 01, 2019) :

DABUR:

 

DABUR

 

Dabur closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that support for the stock lies in the zone of 428 to 432 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 410 to 415 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 417 and close the week around the levels of 435.

Support for the stock lies in the zone of 428 to 432 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 410 to 415 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies around 438 to 442 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 455 to 460 where high for the month of December-2018 and Fibonacci levels are lying.

Broad range for the stock in the coming week can be seen between 410 to 415 on downside & 455 to 460 on upside.