All posts by EquityPandit

MCX Tips for – October 17, 2017

Gold (29854): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29710 levels. Traders can initiate long positions on every dip until Gold closes below 29710 levels.

Silver (40341):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 40006  levels.

Crude (3363): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3283 levels.

Natural Gas (190.80): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 190.50 levels.

Copper (463.65): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 451.00.

Zinc (207.80): Zinc has entered into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc is trading below 215.50 levels.

Lead (164.35): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead is trading below 169.15 levels.

Nickel (765.50):  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 742.55 levels.

Aluminium (137.05):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 139.60 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 – October 16, 2017

Gold (29851): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29618 levels. Traders can initiate long positions on every dip until Gold closes below 29618 levels.

Silver (40399):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39869  levels.

Crude (3310): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3257 levels.

Natural Gas (195.20): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 190.50 levels.

Copper (447.95): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 442.65.

Zinc (212.15): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 211.40 levels.

Lead (163.80): Lead has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead is trading below 169.15 levels.

Nickel (756.20):  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 728.55 levels.

Aluminium (137.50):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.30 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 (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 16, 2017 – Oct 19, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (195.20) closed the week on positive note gaining around 3.70%.

As we have mentioned last week, that the commodity has closed just below the support zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports. During the week the commodity manages to hit a low of 186 and close the week around the levels of 195.

Support for the commodity lies in the zone of 190 to 192 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017.

Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 210 – 212 on upside.

Crude Oil Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 16, 2017 – Oct 19, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3310) closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3150 to 3175 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 3218 and close the week around the levels of 3310.

Support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3150 to 3175 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 3330 to 3360 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3180 – 3200 on downside & 3400 – 3430 on upside.

Aluminium Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 16, 2017 – Oct 19, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (137.50) closed the week on negative note losing around 1.70%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 137 and close the week around the levels of 137.50.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 16, 2017 – Oct 19, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (756.20) closed the week on positive note gaining around 9.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 705 to 710 where short term moving averages and Fibonacci levels for the commodity are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying. During the week the commodity manages to hit a high of 757 and close the week around the levels of 756.

Support for the commodity lies in the zone of 745 to 750 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 715 to 720 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 760 to 765 from where the commodity broke down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of around 780 to 785 where Fibonacci levels and top for the month of September-2017 is lying.

Broad range for the commodity in the coming week can be seen between 730 – 735 on downside & 780 – 785 on upside.

Lead Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 16, 2017 – Oct 19, 2017) :

LEAD:

 

LEAD 1

 

LEAD (163.80) closed the week on negative note losing around 1.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 162 to 164. Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 162 and close the week around the levels of 164.

Minor support for the commodity lies in the zone of 162 to 164. Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying.

Minor resistance for the commodity lies in the zone of 166 to 168. Resistance for the commodity lies in the zone of 172 to 175 where life time high for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 178 to 180.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 173 – 175 on upside.

Zinc Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 16, 2017 – Oct 19, 2017) :

ZINC:

 

ZINC 1

 

ZINC (212.15) closed the week on a negative note losing around 0.90%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying. During the week the commodity manages to hit a low of 211 and close the week around the levels of 212.

Minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 218 to 220. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 222 – 224 on upside.

Copper Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 16, 2017 – Oct 19, 2017) :

COPPER:

 

COPPER 1

 

COPPER (448.00) closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 442 to 445 from where the commodity has sold off. If the commodity manages to close above these levels then the commodity can move to the levels of 450 to 452 where the commodity has formed a top in the month of September-2017. During the week the commodity manages to hit a high of 451 and close the week around the levels of 448.

Minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 426 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 450 to 452 where the commodity has formed a top in the month of September-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 432 on downside & 460 – 462 on upside.

Silver Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 16, 2017 – Oct 19, 2017) :

SILVER:

 

SILVER 1

 

SILVER (40399) closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 40479 and close the week around the levels of 40400.

Support for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39600 to 39700 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 40700 to 40800 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41200 to 41300 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 39300 – 39400 on downside & 41200 – 41300 on upside.

Gold Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 16, 2017 – Oct 19, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29851) closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 29650 to 29750. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 29900 and close the week around the levels of 29851.

Support for the commodity lies in the zone of 29450 to 29550 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29400 – 29500 on downside & 30400 – 30500 on upside.

 

Colgate Palmolive Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Oct 16, 2017 – Oct 19, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on absolutely flat note.

As we have mentioned last week that minor resistance for the stock lies in the zone of 1090 to 1100. Resistance for the stock lies in the zone of 1130 to 1135 from where the stock has broken down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1150 to 1160. During the week the stock manages to hit a high of 1126 and close the week around the levels of 1092.

Minor support for the stock lies in the zone of 1070 to 1075. Support for the stock lies in the zone of 1040 to 1050 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 1000 to 1010 where 200 daily moving averages are lying.

Minor resistance for the stock lies in the zone of 1090 to 1100. Resistance for the stock lies in the zone of 1130 to 1135 from where the stock has broken down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1150 to 1160.

Broad range for the stock is seen between 1050 to 1060 on downside & 1130 to 1140 on upside.

Dabur Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for DABUR for the week  (Oct 16, 2017 – Oct 19, 2017) :

DABUR:

 

DABUR

 

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

As we have mentioned last week, that minor support for the stock lies in the zone of 308 to 310. Support for the stock lies in the zone of 300 to 303 where Fibonacci level are lying. If the stock manages to close below these levels then the stock can drift to the levels of 292 to 294 where high of the month of June-2017 and medium term moving averages are lying. During the week the stock manages to hit a low of 312 and close the week around the levels of 322.

Support for the stock lies in the zone of 320 to 323 from where the stock broke out of August-2017 high. If the stock manages to close below these levels then the stock can drift to the levels of 314 to 316 from where the stock broke out after consolidation.

Resistance for the stock lies in the zone of 328 to 330. If the stock manages to close above these levels then the stock can move to the levels of 337 to 340.

Broad range for the stock in the coming week can be seen between 300 to 305 on downside & 335 to 340 on upside.

Hindustan Unilever Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Oct 16, 2017 – Oct 19, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on positive note gaining around 3.50%.

As we have mentioned last week, that minor support for the stock lies in the zone of 1180 to 1190. Support for the stock lies in the zone of 1150 to 1160 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1120 to 1130 from where the stock broke out of June-2017 highs and medium term moving averages are lying. During the week the stock manages to hit a low of 1199 and close the week around the levels of 1249.

Minor support for the stock lies in the zone of 1220 to 1230. Support for the stock lies in the zone of 1200 to 1210 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1150 to 1160 where break out levels for the stock is lying.

Resistance for the stock lies in the zone of 1250 to 1260 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 1280 to 1290 where life time high for the stock is lying.

Broad range for the stock in coming week is seen between 1200 to 1210 on downside & 1280 to 1290 on upside.

ITC Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for ITC for the week  (Oct 16, 2017 – Oct 19, 2017) :

ITC:

 

ITC

 

ITC closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 267 to 269 from where the stock has broken down from August-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying. During the week the stock manages to hit a high of 269 and close the week around the levels of 266.

Minor support for the stock lies in the zone of 261 to 263. Support for the stock lies in the zone of 256 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250.

Resistance for the stock lies in the zone of 267 to 269 from where the stock has broken down from August-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in coming week is seen between 254 to 256 on downside & 274 to 276 on upside.

Cipla Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 16, 2017 – Oct 19, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support. During the week the stock manages to hit a low of 578 and close the week around the levels of 593.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Dr. Reddy Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 16, 2017 – Oct 19, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.90%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 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 2600 to 2650 where 200 daily moving averages are lying. During the week the stock manages to hit a high of 2433 and close the week around the levels of 2354.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 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 2600 to 2650 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Lupin Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Lupin for the week  (Oct 16, 2017 – Oct 19, 2017) :

LUPIN:

 

LUPIN

 

Lupin closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1030 to 1040 from where the stock broke down from July-2017 low. If the stock manages to close above these levels then the stock can move to the levels of 1070 to 1080 where Fibonacci levels are lying. During the week the stock manages to hit a high of 1071 and close the week around the levels of 1062.

Support for the stock lies in the zone of 1030 to 1040 from where the stock broke out of September-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 990 to 1000 where short term moving averages are lying.

Resistance for the stock lies in the zone of 1070 to 1080 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 1110 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 1020 – 1030 on lower side & 1100 – 1110 on upper side.

Sun Pharma Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Oct 16, 2017 – Oct 19, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that minor support for the stock lies in the zone of 515 to 520. Support for the stock lies in the zone of 500 to 505 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to485. During the week the stock manages to hit a low of 521 and close the week around the levels of 535.

Support for the stock lies in the zone of 515 to 520 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 500 to 505 where break out levels are lying.

Resistance for the stock lies in the zone of 545 to 550. If the stock manages to close above these levels then the stock can move to the levels of 580 to 585 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 500 – 505 on lower side & 560 – 565 on upper side.

HCL Tech Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Oct 16, 2017 – Oct 19, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech 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 915 to 925 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 935 to 940 where Fibonacci levels are lying. During the week the stock manages to hit a high of 936 and close the week around the levels of 926.

Support for the stock lies in the zone of 915 to 925 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 890 to 900 where break out levels are lying.

Resistance for the stock lies in the zone of 935 to 940 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 975 to 980.

Broad range for the stock in the coming week is seen between 870 to 880 on downside & 970 to 980 on upside.

TCS Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for TCS for the week  (Oct 16, 2017 – Oct 19, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on positive note gaining around 4.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2450 to 2470 where short 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 2550 to 2580 where the stock has formed a top in the month of July-2017 and August-2017 and September-2017. During the week the stock manages to hit a high of 2609 and close the week around the levels of 2559.

Minor support for the stock lies in the zone of 2520 to 2540. Support for the stock lies in the zone of 2450 to 2480 where short 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 2370 to 2400 where trend-line support and 200 moving averages are lying.

Resistance for the stock lies in the zone of 2550 to 2580 where the stock has formed a top in the month of July-2017 and August-2017 and September-2017. If the stock manages to close above these levels then the stock can move to the levels of 2660 to 2700 where the stock has formed a top in the month of June-2017.

Broad range for the stock in the coming week is seen between 2450 to 2480 on downside & 2650 to 2700 on upside.

Infosys Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Infosys for the week  (Oct 16, 2017 – Oct 19, 2017) :

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 920 to 930 from where the stock has broken down from the trend-line support. If the stock manages to close above these levels then the stock can move to the levels of around 940 to 945 where Fibonacci levels are lying. During the week the stock manages to hit a high of 940 and close the week around the levels of 930.

Support for the stock lies in the zone of 920 to 930 where short term moving averages are lying. If the stock manages to close below these levels the stock can drift to the levels of 900 to 910 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 940 to 945 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of around 955 to 960 where 200 daily moving averages are lying.

Broad range for the stock in the coming week is seen between 900 to 910 on downside & 950 to 960 on upside.

SBI Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 16, 2017 – Oct 19, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.80%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying. During the week the stock manages to hit a high of 258 and close the week around the levels of 252.

Support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242.

Minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 246 to 248 on lower side & 264 to 266 on upper side.

Axis Bank Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Oct 16, 2017 – Oct 19, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on positive note gaining around 5.20%.

As we have mentioned last week, that support for the stock lies in the zone of 495 to 500 where 200 Daily Moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 485 to 490 where the stock has taken multiple support. During the week the stock manages to hit a low of 501 and close the week around the levels of 529.

Minor support for the stock lies in the zone of 520 to 525. Support for the stock lies in the zone of 505 to 508 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500 where 200 Daily Moving averages are lying.

Resistance for the stock lies in the zone of 535 to 540 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 547 to 550 where the stock has formed a top in the month of July-2017.

Broad range for the stock in the coming week can be 510– 515 on lower side & 550 – 555 on upper side.

 

 

ICICI Bank Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Oct 16, 2017 – Oct 19, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on negative note losing around 0.20%.

As we have mentioned last week, that support for the stock lies in the zone of 269 to 271 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 from where the index has broken out of 3 months of consolidation. During the week the stock manages to hit a low of 264 and close the week around the levels of 271.

Support for the stock lies in the zone of 269 to 271 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 from where the index has broken out of 3 months of consolidation.

Minor resistance for the stock lies in the zone of 275 to 277. Resistance for the stock lies in the zone of 280 to 282 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 290 to 292 where short & medium term moving averages are lying.

Broad range for the stock in the coming week can be 260 – 262 on lower side & 280 – 282 on upper side.

HDFC Bank Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Oct 16, 2017 – Oct 19, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on positive note gaining around 2.80%.

As we have mentioned last week, that support for the stock lies in the zone of 1800 to 1810 from where the stock broke out of August-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 from where the stock broke out after consolidation. During the week the stock manages to hit a low of 1788 and close the week around the levels of 1851.

Support for the stock lies in the zone of 1815 to 1820 from where the stock broke out of consolidation. If the stock manages to close below these levels then the stock can drift to the levels of around 1800 to 1805 from where the stock broke out of August-2017 highs.

Resistance for the stock lies in the zone of 1850 to 1860. If the stock manages to close above these levels then the stock can move to the levels of 1890 to 1900.

Broad range for the stock in the coming week can be 1800 to 1810 on lower side & 1900 to 1910 on upper side.

Nifty Media Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.30%.

As we have mentioned last week, that the index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels. During the week the index manages to hit a low of 2980 and close the week around the levels of 3010.

The index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2930 to 2950 on downside & 3100 to 3130 on upside.

Nifty Realty Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that minor support for the index lies in the zone of 275 to 276. Support for the index lies in the zone of 270 to 272 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 258 to 260 from where the index broke out of channel resistance. During the week the index manages to hit a low of 276 and close the week around the levels of 282.55

Minor support for the index lies in the zone of 275 to 276. Support for the index lies in the zone of 270 to 272 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 258 to 260 from where the index broke out of channel resistance.

Resistance for the index lies in the zone of 281 to 283 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 289 to 291 where long term Fibonacci levels are lying.

Broad range for the index is seen between 268 to 270 on downside & 290 to 292 on upside.

Nifty PSU Bank Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on negative note losing around 1.80%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3170 to 3200 where the index has taken support in the month of March-2017 & June-2017 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3330 to 3350 where 200 daily moving averages are lying. During the week the index manages to hit a high of 3126 and close the week around the levels of 3045.

The index has seen a major break-down on the charts. Support for the index lies in the zone of 3000 to 3020. If the index manages to close below these levels then the index can drift to the levels of 2850 to 2900 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3170 to 3200 from where the index has broken down from the support and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3330 to 3350 where 200 daily moving averages are lying.

Broad range for the index is seen between 2900 to 2950 on downside & 3200 to 3250 on upside.

Nifty Metal Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 3680 to 3720 where trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 3770 to 3800. During the week the index manages to hit a high of 3808 and close the week around the levels of 3784.

Support for the index lies in the zone of 3680 to 3720 where trend-line joining earlier highs is lying. If the index manages to close below these levels then the index can drift to the levels of 3550 to 3600 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3770 to 3800. If the index manages to close above these levels then the index can move to the levels of 3850 to 3870.

Broad range for the index is seen between 3650 to 3670 on downside & 3850 to 3870 on upside.

Nifty Energy Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close above these levels then the index can move to the levels of 13800 to 13900. During the week the index manages to hit a high of 13791 and close the week around the levels of 13678.

Support for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 13100 to 13200 where short term moving averages are lying.

Resistance for the index lies in the zone of 13800 to 13900. If the index manages to close above these levels then the index can move to the levels of 14050 to 14100.

Broad range for the index is seen between 13300 to 13400 on downside & 14000 to 14100 on upside.

Nifty Auto Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs, 200 Daily moving averages and Fibonacci levels are lying. During the week the index manages to hit a low of 10912 and close the week around the levels of 11078.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where break out levels are lying.

Resistance for the index lies in the zone of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500.

Broad range for the index is seen from 10700 to 10800 on downside & 11300 to 11400 on upside.

Nifty Pharma Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index 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 of 9350 to 9400 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where Fibonacci levels are lying. During the week the index manages to hit a low of 9385 and close the week around the levels of 9546.

Support for the index lies in the zone of 9350 to 9400 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 9650 to 9700 where the index has formed a top in the month of September-2017. If the index manages to close above these levels then the index can move to the levels of 9850 to 9900 where 200 daily moving averages are lying.

Broad range for the index is seen from 9200 to 9250 on downside & 9800 to 9850 on upside.

Nifty FMCG Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Oct 16, 2017 – Oct 19, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that minor support for the index lies in the zone of 24900 to 25000. Support for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24000 to 24200 where 200 daily moving averages are lying. During the week the index manages to hit a low of 25078 and close the week around the levels of 25435.

Minor support for the index lies in the zone of 25300 to 25350. Support for the index lies in the zone of 24900 to 25000 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying.

Resistance for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25800 to 25900 where the index has formed a top in the month of September-2017 and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 24700 to 24800 on downside & 25900 to 26000 on upside.

Nifty IT Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY IT for the week  ( Oct 16, 2017 – Oct 19, 2017) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 10700 to 10750 where the index has formed a top in the month of September-2017. If the index manages to close above these levels then the index can move to the levels of 10850 to 10900 where the index has formed a top in the month of July-2017 & August-2017. During the week the index manages to hit a high of 10997 and close the week around the levels of 10924.

Minor support for the index lies in the zone of 10830 to 10870. Support for the index lies in the zone of 10700 to 10750 where the index has formed a top in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 10550 to 10600 where short term moving averages and Fibonacci levels are lying.

Resistance for the index lies in the zone of 10900 to 11000 where long term Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 11200 to 11300.

Broad range for the index in the coming week is seen from 10700 to 10750 on downside & 11200 to 11300 on upside.

Nifty Bank Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Nifty Bank for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY BANK:

 

BANKNIFTY

 

Nifty Bank closed the week on positive note gaining around 2.00%.

As we have mentioned, last week that support for the index lies in the zone of 23900 to 24000 from where the index broke out of June-2017 highs 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 23000 to 23100 where the index has taken support in the month of June-2017. During the week the index manages to hit a low of 23978 and close the week around the levels of 24689.

Support for the index lies in the zone of 24400 to 24500 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 23900 to 24000 from where the index broke out of June-2017 highs and medium term moving averages are lying.

Resistance for the index lies in the zone of 25000 to 25100 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 25450 to 25500.

Range for the week is seen from 24000 to 24100 on downside & 25100 to 25200 on upside.

Nifty Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

Equityandit’s Outlook for Nifty for week (Oct 16, 2017 – Oct 19, 2017):

NIFTY:

 

NIFTY

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 10000 to 10050 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017. During the week the index manages to hit a high of 10192 and close the week around the levels of 10167.

Minor support for the index lies in the zone of 10100 to 10130. Support for the index lies in the zone of 9950 to 10000 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9750 where trend-line joining lows of August-2017 and September-2017 is lying.

Resistance for the index lies in the zone of 10200 to 10250 where trend-line joining high of August-2017 and September-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10350 to 10400.

Broad range for the week is seen from 10000 on downside & 10300 on upside.

MCX Tips for – October 13, 2017

Gold (29814): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29618 levels. Traders can initiate long positions on every dip until Gold closes below 29618 levels.

Silver (40352):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39801  levels.

Crude (3296): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3257 levels.

Natural Gas (195.70): NG Future has entered into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 187.60 levels.

Copper (449.50): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 442.30.

Zinc (215.25): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 211.40 levels.

Lead (166.70): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 163.80 levels.

Nickel (740.30):  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 715.55 levels.

Aluminium (138.80):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.30 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 – October 12, 2017

Gold (29707): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29603 levels. Traders can initiate long positions on every dip until Gold closes below 29603 levels.

Silver (40129):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39724  levels.

Crude (3347): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3257 levels.

Natural Gas (190.60): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 193.40 levels.

Copper (447.00): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 437.80.

Zinc (212.85): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 211.40 levels.

Lead (166.70): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 163.80 levels.

Nickel (727.90):  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 702.25 levels.

Aluminium (138.45):  Aluminium has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.90 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 – October 11, 2017

Gold (29825): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29603 levels. Traders can initiate long positions on every dip until Gold closes below 29603 levels.

Silver (40327):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39724  levels.

Crude (3331): Crude has entered into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3215 levels.

Natural Gas (189.00): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 193.40 levels.

Copper (443.05): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 434.30.

Zinc (217.30): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 211.40 levels.

Lead (166.70): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 163.80 levels.

Nickel (719.00):  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 694.50 levels.

Aluminium (140.30):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 138.65 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 – October 10, 2017

Gold (29732): Gold has entered into positive zone and traders can hold long positions until Gold closes below 29487 levels. Traders can initiate long positions on every dip until Gold closes below 29487 levels.

Silver (39940):  Silver has entered into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39358  levels.

Crude (3256): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3310 levels.

Natural Gas (186.20): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 193.40 levels.

Copper (439.40): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 433.40.

Zinc (214.90): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 211.40 levels.

Lead (164.10): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 163.80 levels.

Nickel (718.40):  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 690.50 levels.

Aluminium (141.05):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 138.65 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 (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 09, 2017 – Oct 13, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (188.30) closed the week on negative note losing around 5.10%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 193 to 195. Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports. During the week the commodity manages to hit a low of 188 and close the week around the levels of 188.

The commodity has closed just below the support zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Minor resistance for the commodity lies in the zone of 192 to 194. Resistance for the commodity lies in the zone of 202 to 204 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 177 on downside & 200 – 202 on upside.

Crude Oil Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 09, 2017 – Oct 13, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3240) closed the week on negative note losing around 3.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. During the week the commodity manages to hit a low of 3223 and close the week around the levels of 3240.

Support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3150 to 3175 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3120 – 3150 on downside & 3350 – 3600 on upside.

Aluminium Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 09, 2017 – Oct 13, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (139.85) closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 137.15 and close the week around the levels of 139.85.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 09, 2017 – Oct 13, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (693.20) closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying. During the week the commodity manages to hit a high of 708 and close the week around the levels of 693.

Support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying.

Resistance for the commodity lies in the zone of 705 to 710 where short term moving averages and Fibonacci levels for the commodity are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 650 – 655 on downside & 730 – 735 on upside.

Lead Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 09, 2017 – Oct 13, 2017) :

LEAD:

 

LEAD 1

 

LEAD (165.90) closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 164 to 166 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 175 where life time high for the commodity is lying. During the week the commodity manages to hit a high of 171 and close the week around the levels of 166.

Minor support for the commodity lies in the zone of 162 to 164. Support for the commodity lies in the zone of 158 to 160 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 154 to 156 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 172 to 175 where life time high for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 178 to 180.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 173 – 175 on upside.

Zinc Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 09, 2017 – Oct 13, 2017) :

ZINC:

 

ZINC 1

 

ZINC (214.10) closed the week on a positive note gaining around 1.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 210 to 212. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220. The commodity is trading at the multi year high so virtually no resistance exists. During the week the commodity manages to hit a high of 219 and close the week around the levels of 214.

Minor support for the commodity lies in the zone of 210 to 212. Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 218 to 220. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 227. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 222 – 224 on upside.

Copper Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 09, 2017 – Oct 13, 2017) :

COPPER:

 

COPPER 1

 

COPPER (438.90) closed the week on positive note gaining around 2.60%.

As we have mentioned last week that minor support for the commodity lies in the zone of 424 to 426. Support for the commodity lies in the zone of 414 to 417 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 425 and close the week around the levels of 439.

Minor support for the commodity lies in the zone of 432 to 434. Support for the commodity lies in the zone of 425 to 426 where 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 414 to 417 where break out levels are lying.

Resistance for the commodity lies in the zone of 442 to 445 from where the commodity has sold off. If the commodity manages to close above these levels then the commodity can move to the levels of 450 to 452 where the commodity has formed a top in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 425 – 428 on downside & 450 – 452 on upside.

Silver Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 09, 2017 – Oct 13, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39596) closed the week on positive note gaining around 0.40%.

As we have mentioned last week that support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 38710 and close the week around the levels of 39596.

Support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Gold Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 09, 2017 – Oct 13, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29573) closed the week on positive note gaining around 0.05%.

As we have mentioned last week, that support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying. During the week the commodity manages to hit a low of 29260 and close the week around the levels of 29573.

Support for the commodity lies in the zone of 29450 to 29550 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 29650 to 29750. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

Colgate Palmolive Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Oct 09, 2017 – Oct 13, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on positive note gaining around 2.10%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 1090 to 1100. Resistance for the stock lies in the zone of 1130 to 1135 from where the stock has broken down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1150 to 1160. During the week the stock manages to hit a high of 1098 and close the week around the levels of 1090.

Minor support for the stock lies in the zone of 1070 to 1075. Support for the stock lies in the zone of 1040 to 1050 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 1000 to 1010 where 200 daily moving averages are lying.

Minor resistance for the stock lies in the zone of 1090 to 1100. Resistance for the stock lies in the zone of 1130 to 1135 from where the stock has broken down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1150 to 1160.

Broad range for the stock is seen between 1050 to 1060 on downside & 1130 to 1140 on upside.

Dabur Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for DABUR for the week  (Oct 09, 2017 – Oct 13, 2017) :

DABUR:

 

DABUR

 

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

As we have mentioned last week, that minor resistance for the stock lies in the zone of 308 to 310. Resistance for the stock lies in the zone of 314 to 316 from where the stock broke down after consolidation and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 323 where long term Fibonacci levels are lying and life time highs for the stock is lying. During the week the stock manages to hit a high of 321 and close the week around the levels of 316.

Minor support for the stock lies in the zone of 308 to 310. Support for the stock lies in the zone of 300 to 303 where Fibonacci level are lying. If the stock manages to close below these levels then the stock can drift to the levels of 292 to 294 where high of the month of June-2017 and medium term moving averages are lying.

Resistance for the stock lies in the zone of 314 to 316 from where the stock broke down after consolidation and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 323 where long term Fibonacci levels are lying and life time highs for the stock is lying.

Broad range for the stock in the coming week can be seen between 300 to 305 on downside & 325 to 330 on upside.

Hindustan Unilever Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Oct 09, 2017 – Oct 13, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on positive note gaining around 2.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1190 to 1200 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1220 to 1230 from where the stock has broken down after consolidation. During the week the stock manages to hit a high of 1212 and close the week around the levels of 1207.

Minor support for the stock lies in the zone of 1180 to 1190. Support for the stock lies in the zone of 1150 to 1160 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1120 to 1130 from where the stock broke out of June-2017 highs and medium term moving averages are lying.

Resistance for the stock lies in the zone of 1200 to 1210 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1225 to 1235 from where the stock has broken down after consolidation.

Broad range for the stock in coming week is seen between 1150 to 1160 on downside & 1230 to 1240 on upside.

ITC Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for ITC for the week  (Oct 09, 2017 – Oct 13, 2017) :

ITC:

 

ITC

 

ITC closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 261 to 263. Resistance for the stock lies in the zone of 267 to 269 from where the stock has broken down from August-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying. During the week the stock manages to hit a high of 269 and close the week around the levels of 266.

Minor support for the stock lies in the zone of 261 to 263. Support for the stock lies in the zone of 256 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250.

Resistance for the stock lies in the zone of 267 to 269 from where the stock has broken down from August-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in coming week is seen between 254 to 256 on downside & 274 to 276 on upside.

Cipla Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 09, 2017 – Oct 13, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support. During the week the stock manages to hit a low of 575 and close the week around the levels of 585.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Dr. Reddy Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 09, 2017 – Oct 13, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.00%.

As we have mentioned last week, that support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2320 and close the week around the levels of 2376.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 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 2600 to 2650 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Lupin Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Lupin for the week  (Oct 09, 2017 – Oct 13, 2017) :

LUPIN:

 

LUPIN

 

Lupin closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1030 to 1040 from where the stock broke down from July-2017 low 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 1070 to 1080 where Fibonacci levels are lying. During the week the stock manages to hit a high of 1045 and close the week around the levels of 1039.

Minor support for the stock lies in the zone of 1015 to 1025. Support for the stock lies in the zone of 990 to 1000 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 950 to 960 where Fibonacci level is lying.

Resistance for the stock lies in the zone of 1030 to 1040 from where the stock broke down from July-2017 low. If the stock manages to close above these levels then the stock can move to the levels of 1070 to 1080 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 1000 – 1010 on lower side & 1070 – 1080 on upper side.

Sun Pharma Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Oct 09, 2017 – Oct 13, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on positive note gaining around 5.30%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 515 to 520. Resistance for the stock lies in the zone of 535 to 540 where medium term moving averages and highs for the month of September-2017 are lying. If the stock manages to close above these levels then the stock can move to the levels of 580 to 585. During the week the stock manages to hit a high of 533 and close the week around the levels of 530.

Minor support for the stock lies in the zone of 515 to 520. Support for the stock lies in the zone of 500 to 505 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to485.

Resistance for the stock lies in the zone of 535 to 540 where medium term moving averages and highs for the month of September-2017 are lying. If the stock manages to close above these levels then the stock can move to the levels of 580 to 585.

Broad range for the stock in the coming week can be 500 – 505 on lower side & 560 – 565 on upper side.

TCS Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for TCS for the week  (Oct 09, 2017 – Oct 13, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2370 to 2400 where trend-line support and 200 moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2300 to 2320 where the stock has formed a bottom in the month of June-2017 and July-2017. During the week the stock manages to hit a low of 2424 and close the week around the levels of 2447.

Support for the stock lies in the zone of 2370 to 2400 where trend-line support and 200 moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2300 to 2320 where the stock has formed a bottom in the month of June-2017 and July-2017.

Resistance for the stock lies in the zone of 2450 to 2470 where short 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 2550 to 2580 where the stock has formed a top in the month of July-2017 and August-2017 and September-2017.

Broad range for the stock in the coming week is seen between 2300 to 2330 on downside & 2500 to 2520 on upside.

Wipro Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Wipro for the week  (Oct 09, 2017 – Oct 13, 2017) :

WIPRO:

 

WIPRO

 

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

As we have mentioned last week, that minor resistance for the stock lies in the zone of 284 to 285. Resistance for the stock lies in the zone of 288 to 290 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 from where the stock broke down after consolidation. During the week the stock manages to hit a high of 287 and close the week around the levels of 286.

Minor support for the stock lies in the zone of 281 to 283. Support for the stock lies in the zone of 275 to 277 where medium term moving averages and trend-line support for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 288 to 290 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 from where the stock broke down after consolidation.

Broad range for the stock in the coming week is seen between 275 to 277 on downside & 292 to 294 on upside.

HCL Tech Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Oct 09, 2017 – Oct 13, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on positive note gaining around 3.80%.

As we have mentioned last week that minor support for the stock lies in the zone of 870 to 880. Support for the stock lies in the zone of 855 to 860 where break out levels, 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 830 to 835 where the stock has taken multiple support and 200 daily moving averages are lying. During the week the stock manages to hit a low of 877 and close the week around the levels of 908.

Minor support for the stock lies in the zone of 890 to 900. Support for the stock lies in the zone of 870 to 880 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 855 to 860 where break out levels, Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 915 to 925 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 935 to 940 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 870 to 880 on downside & 930 to 940 on upside.

Infosys Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Infosys for the week  (Oct 09, 2017 – Oct 13, 2017) :

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 920 to 930 from where the stock has broken down from the trend-line support. If the stock manages to close above these levels then the stock can move to the levels of around 940 to 945 where Fibonacci levels are lying. During the week the stock manages to hit a high of 922 and close the week around the levels of 920.

Minor support for the stock lies in the zone of 890 to 900. Support for the stock lies in the zone of 855 to 860 where the stock has form a bottom in the month of August-2017. If the stock manages to close below these levels then the stock can witness a major break down and the stock can drift to the levels of 820 to 830 where long term trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 920 to 930 from where the stock has broken down from the trend-line support. If the stock manages to close above these levels then the stock can move to the levels of around 940 to 945 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 880 to 890 on downside & 940 to 950 on upside.

SBI Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 09, 2017 – Oct 13, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242. During the week the stock manages to hit a low of 249 and close the week around the levels of 257.

Support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242.

Minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 246 to 248 on lower side & 264 to 266 on upper side.

Axis Bank Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Oct 09, 2017 – Oct 13, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 495 to 500 where 200 Daily Moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 485 to 490 where the stock has taken multiple support. During the week the stock manages to hit a low of 497 and close the week around the levels of 503.

Support for the stock lies in the zone of 495 to 500 where 200 Daily Moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 485 to 490 where the stock has taken multiple support.

Resistance for the stock lies in the zone of 505 to 508 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 517 to 520 from where the stock has sold off.

Broad range for the stock in the coming week can be 480– 485 on lower side & 530 – 535 on upper side.

ICICI Bank Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Oct 09, 2017 – Oct 13, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on negative note losing around 1.70%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 280 to 282. Resistance for the stock lies in the zone of 290 to 292 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 302 where the stock has formed a high in the month of August-2017. During the week the stock manages to hit a high of 282 and close the week around the levels of 272.

Support for the stock lies in the zone of 269 to 271 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 from where the index has broken out of 3 months of consolidation.

Minor resistance for the stock lies in the zone of 280 to 282. Resistance for the stock lies in the zone of 290 to 292 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 302 where the stock has formed a high in the month of August-2017.

Broad range for the stock in the coming week can be 264 – 266 on lower side & 280 – 282 on upper side.

HDFC Bank Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Oct 09, 2017 – Oct 13, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the stock lies in the zone of 1800 to 1810 from where the stock broke out of August-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 from where the stock broke out after consolidation. During the week the stock manages to hit a low of 1793 and close the week around the levels of 1800.

Support for the stock lies in the zone of 1800 to 1810 from where the stock broke out of August-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 from where the stock broke out after consolidation.

Minor resistance for the stock lies in the zone of 1820 to 1825. Resistance for the stock lies in the zone of 1850 to 1860. If the stock manages to close above these levels then the stock can move to the levels of 1890 to 1900.

Broad range for the stock in the coming week can be 1760 to 1770 on lower side & 1850 to 1860 on upper side.

Nifty Media Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that the index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels. During the week the index manages to hit a low of 2976 and close the week around the levels of 3020.

The index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where 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 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2930 to 2950 on downside & 3100 to 3130 on upside.

Nifty Realty Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 276 to 277. Resistance for the index lies in the zone of 281 to 283 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 289 to 291 where long term Fibonacci levels are lying. During the week the index manages to hit a high of 281 and close the week around the levels of 278.

Minor support for the index lies in the zone of 275 to 276. Support for the index lies in the zone of 270 to 272 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 258 to 260 from where the index broke out of channel resistance.

Resistance for the index lies in the zone of 281 to 283 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 289 to 291 where long term Fibonacci levels are lying.

Broad range for the index is seen between 268 to 270 on downside & 290 to 292 on upside.

Nifty PSU Bank Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Oct 09, 2017 – Oct 13, 2017) :

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 the index has seen a major break-down on the charts. Support for the index lies in the zone of 3020 to 3050. If the index manages to close below these levels then the index can drift to the levels of 2850 to 2900 where Fibonacci levels are lying. During the week the index manages to hit a low of 3012 and close the week around the levels of 3102.

The index has seen a major break-down on the charts. Support for the index lies in the zone of 3020 to 3050. If the index manages to close below these levels then the index can drift to the levels of 2850 to 2900 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3170 to 3200 where the index has taken support in the month of March-2017 & June-2017 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3330 to 3350 where 200 daily moving averages are lying.

Broad range for the index is seen between 2900 to 2950 on downside & 3200 to 3250 on upside.

Nifty Metal Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3650 to 3700 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 3720 and close the week around the levels of 3711.

Support for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3420 to 3450 from where the index broke out of double top pattern and short term moving averages are lying.

Resistance for the index lies in the zone of 3680 to 3720 where trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 3770 to 3800.

Broad range for the index is seen between 3500 to 3550 on downside & 3800 to 3850 on upside.

Nifty Energy Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on positive note gaining around 5.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 12900 to 13000 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 13250 to 13350 from where the index broke down after consolidation. During the week the index manages to hit a high of 13430 and close the week around the levels of 13405.

Minor support for the index lies in the zone of 13250 to 13300. Support for the index lies in the zone of 13000 to 13100 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 12500 to 12600 from where the index broke out of April-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close above these levels then the index can move to the levels of 13800 to 13900.

Broad range for the index is seen between 13000 to 13100 on downside & 13700 to 13800 on upside.

Nifty Auto Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 10850 to 10900. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017. During the week the index manages to hit a high of 11069 and close the week around the levels of 11007.

Minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs, 200 Daily moving averages and Fibonacci levels are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017.

Broad range for the index is seen from 10700 to 10800 on downside & 11200 to 11300 on upside.

Nifty Pharma Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 9350 to 9400 where medium term moving averages are lying. During the week the index manages to hit a high of 9509 and close the week around the levels of 9478.

Support for the index lies in the zone of 9350 to 9400 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 9500 to 9550. Resistance for the index lies in the zone of 9650 to 9700 where the index has formed a top in the month of September-2017. If the index manages to close above these levels then the index can move to the levels of 9850 to 9900 where 200 daily moving averages are lying.

Broad range for the index is seen from 9100 to 9150 on downside & 9700 to 9750 on upside.

Nifty FMCG Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Oct 09, 2017 – Oct 13, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25400 to 25500 where short term moving averages and Fibonacci levels are lying. During the week the index manages to hit a high of 25247 and close the week around the levels of 25131.

Minor support for the index lies in the zone of 24900 to 25000. Support for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24000 to 24200 where 200 daily moving averages are lying.

Resistance for the index lies in the zone of 25400 to 25500 where short term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25800 to 25900 where the index has formed a top in the month of September-2017.

Broad range for the index in the coming week is seen from 24500 to 24600 on downside & 25800 to 25900 on upside.

Nifty IT Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY IT for the week  ( Oct 09, 2017 – Oct 13, 2017) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the index lies in the zone of 10550 to 10600 where short term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 10700 to 10750 where the index has formed a top in the month of September-2017. During the week the index manages to hit a high of 10666 and close the week around the levels of 10655.

Support for the index lies in the zone of 10550 to 10600 where short term moving averages 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 200 daily moving averages and Fibonacci levels are lying.

Resistance for the index lies in the zone of 10700 to 10750 where the index has formed a top in the month of September-2017. If the index manages to close above these levels then the index can move to the levels of 10850 to 10900 where the index has formed a top in the month of July-2017 & August-2017.

Broad range for the index in the coming week is seen from 10400 to 10500 on downside & 10800 to 10900 on upside.

Nifty Bank Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Nifty Bank for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY BANK:

 

BANKNIFTY

 

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

As we have mentioned, last week that minor resistance for the index lies in the zone of 24150 to 24250. Resistance for the index lies in the zone of 24400 to 24500 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 25000 to 25100 where the index has formed a double top pattern. During the week the index manages to hit a high of 24242 and close the week around the levels of 24190.

Support for the index lies in the zone of 23900 to 24000 from where the index broke out of June-2017 highs 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 23000 to 23100 where the index has taken support in the month of June-2017.

Minor resistance for the index lies in the zone of 24150 to 24250. Resistance for the index lies in the zone of 24400 to 24500 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 25000 to 25100 where the index has formed a double top pattern.

Range for the week is seen from 23700 to 23800 on downside & 24700 to 24800 on upside.

Nifty Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

Equityandit’s Outlook for Nifty for week (Oct 09, 2017 – Oct 13, 2017):

NIFTY:

 

NIFTY

 

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

As we have mentioned last week, that minor resistance for the index lies in the zone of 9840 to 9860. Resistance for the index lies in the zone of 9930 to 9960 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017. During the week the index manages to hit a high of 9989 and close the week around the levels of 9980.

Minor support for the index lies in the zone of 9830 to 9850. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high 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 9450 to 9500 where the index has taken support in the month of June-2017.

Resistance for the index lies in the zone of 10000 to 10050 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017.

Broad range for the week is seen from 9700 on downside & 10200 on upside.

MCX Tips for – October 06, 2017

Gold (29422): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29637 levels. Traders can initiate short positions on every rise until Gold closes above 29637 levels.

Silver (39172):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39673  levels.

Crude (3313): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3347 levels.

Natural Gas (192.60): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 198.10 levels.

Copper (439.60): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 426.60.

Zinc (216.85): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 211.40 levels.

Lead (168.90): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 163.80 levels.

Nickel (690.30):  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 676.30 levels.

Aluminium (140.65):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 137.85 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 – October 05, 2017

Gold (29290): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29645 levels. Traders can initiate short positions on every rise until Gold closes above 29645 levels.

Silver (39086):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39845  levels.

Crude (3266): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3347 levels.

Natural Gas (192.10): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 198.10 levels.

Copper (426.70): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 423.80.

Zinc (215.05): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 210.50 levels.

Lead (165.90): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 163.80 levels.

Nickel (688.90):  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 676.30 levels.

Aluminium (139.95):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 137.30 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 – October 04, 2017

Gold (29355): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29686 levels. Traders can initiate short positions on every rise until Gold closes above 29686 levels.

Silver (39328):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39845  levels.

Crude (3311): Crude has entered into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3402 levels.

Natural Gas (190.70): NG Future has entered into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 198.90 levels.

Copper (429.90): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 423.80.

Zinc (216.00): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 208.80 levels.

Lead (170.15): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 162.60 levels.

Nickel (701.20):  Nickel has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 673.80 levels.

Aluminium (139.65):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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 (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 03, 2017 – Oct 06, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (198.40) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 204 and close the week around the levels of 198.40.

Minor support for the commodity lies in the zone of 193 to 195. Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 202 to 204 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 210 – 212 on upside.

Crude Oil Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Oct 03, 2017 – Oct 06, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3373) closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 3472 and close the week around the levels of 3373.

Support for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying.

Resistance for the commodity lies in the zone of 3400 to 3430 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3500 to 3500 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3220 – 3250 on downside & 3450 – 3500 on upside.

Aluminium Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Oct 03, 2017 – Oct 06, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (137.90) closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 137 and close the week around the levels of 138.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Nickel for the week  (Oct 03, 2017 – Oct 06, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (691.60) closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying. During the week the commodity manages to hit a low of 665 and close the week around the levels of 692.

Support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying.

Resistance for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 650 – 655 on downside & 725 – 730 on upside.

Lead Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Lead for the week  (Oct 03, 2017 – Oct 06, 2017) :

LEAD:

 

LEAD 1

 

LEAD (164.60) closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 159 to 160. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 146 to 148 where short term & 200 daily moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 160 and close the week around the levels of 165.

Minor support for the commodity lies in the zone of 160 to 162. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 146 to 148 where 200 daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 164 to 166 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 175 where life time high for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 155 – 157 on downside & 173 – 175 on upside.

Zinc Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Zinc for the week  (Oct 03, 2017 – Oct 06, 2017) :

ZINC:

 

ZINC 1

 

ZINC (210.20) closed the week on a positive note gaining around 4.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212. During the week the commodity manages to hit a high of 210 and close the week around the levels of 210.

Support for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 210 to 212. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220. The commodity is trading at the multi year high so virtually no resistance exists.

Broad range for the commodity in the coming week can be seen between 195 – 197 on downside & 218 – 220 on upside.

Copper Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Copper for the week  (Oct 03, 2017 – Oct 06, 2017) :

COPPER:

 

COPPER 1

 

COPPER (427.95) closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the commodity lies in the zone of 425 to 427. If the commodity manages to close above these levels then the commodity can move to the levels of 432 to 435 from where the commodity has broken down. During the week the commodity manages to hit a high of 433 and close the week around the levels of 428.

Minor support for the commodity lies in the zone of 424 to 426. Support for the commodity lies in the zone of 414 to 417 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 432 to 435 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 442 to 445.

Broad range for the commodity in the coming week can be seen between 415 – 418 on downside & 442 – 445 on upside.

Silver Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Silver for the week  (Oct 03, 2017 – Oct 06, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39457) closed the week on negative note losing around 0.70%.

As we have mentioned last week that support for the commodity lies in the zone of 39100 to 39200 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying. During the week the commodity manages to hit a low of 39309 and close the week around the levels of 39457.

Support for the commodity lies in the zone of 39100 to 39300 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Gold Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Gold for the week  (Oct 03, 2017 – Oct 06, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29557) closed the week on negative note losing around 0.10%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 29750 to 29850. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 30169 and close the week around the levels of 29557.

Support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 29750 to 29850. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

MCX Tips for – October 03, 2017

Gold (29557): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29871 levels. Traders can initiate short positions on every rise until Gold closes above 29871 levels.

Silver (39457):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40128  levels.

Crude (3373): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3352 levels.

Natural Gas (198.40): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 194.90 levels.

Copper (427.95): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 423.80.

Zinc (210.20): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 204.80 levels.

Lead (164.60): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 159.35 levels.

Nickel (691.60):  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 696.20 levels.

Aluminium (137.90):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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.

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Colgate Palmolive Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Oct 03, 2017 – Oct 06, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on negative note losing around 3.00%.

As we have mentioned last week that support for the stock lies in the zone of 1080 to 1090 where Fibonacci level and short term moving average are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1055 to 1065 where break out levels and medium term moving averages are lying. During the week the stock manages to hit a low of 1050 and close the week around the levels of 1067.

Support for the stock lies in the zone of 1040 to 1050 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 1000 to 1010 where 200 daily moving averages are lying.

Minor resistance for the stock lies in the zone of 1090 to 1100. Resistance for the stock lies in the zone of 1130 to 1135 from where the stock has broken down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1150 to 1160.

Broad range for the stock is seen between 1000 to 1010 on downside & 1100 to 1110 on upside.

Dabur Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for DABUR for the week  (Oct 03, 2017 – Oct 06, 2017) :

DABUR:

 

DABUR

 

Dabur closed the week on absolutely flat note.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 308 to 310. Resistance for the stock lies in the zone of 314 to 316 from where the stock broke down after consolidation and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 323 where long term Fibonacci levels are lying and life time highs for the stock is lying. During the week the stock manages to hit a high of 316 and close the week around the levels of 305.

Support for the stock lies in the zone of 300 to 305 where Fibonacci level are lying. If the stock manages to close below these levels then the stock can drift to the levels of 292 to 294 where high of the month of June-2017 and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 308 to 310. Resistance for the stock lies in the zone of 314 to 316 from where the stock broke down after consolidation and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 323 where long term Fibonacci levels are lying and life time highs for the stock is lying.

Broad range for the stock in the coming week can be seen between 290 to 292 on downside & 320 to 322 on upside.

Hindustan Unilever Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Oct 03, 2017 – Oct 06, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on negative note losing around 5.20%.

As we have mentioned last week, that minor support for the stock lies in the zone of 1220 to 1230. Support for the stock lies in the zone of 1200 to 1210 from where the stock broke out of double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 1150 to 1160 where short term moving averages for the stock is lying. During the week the stock manages to hit a low of 1169 and close the week around the levels of 1174.

Support for the stock lies in the zone of 1150 to 1160 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1120 to 1130 from where the stock broke out of June-2017 highs and medium term moving averages are lying.

Resistance for the stock lies in the zone of 1190 to 1200 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1220 to 1230 from where the stock has broken down after consolidation.

Broad range for the stock in coming week is seen between 1110 to 1120 on downside & 1230 to 1240 on upside.

ITC Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for ITC for the week  (Oct 03, 2017 – Oct 06, 2017) :

ITC:

 

ITC

 

ITC closed the week on negative note losing around 3.80%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 271 to 273. Resistance for the stock lies in the zone of 276 to 278 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 281 to 283. During the week the stock manages to hit a high of 270 and close the week around the levels of 258.

The stock is in strong downtrend and has broken down from the entire major support zone. Support for the stock lies in the zone of 256 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250.

Minor resistance for the stock lies in the zone of 261 to 263. Resistance for the stock lies in the zone of 267 to 269 from where the stock has broken down from August-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in coming week is seen between 248 to 250 on downside & 268 to 270 on upside.

Cipla Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 03, 2017 – Oct 06, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support. During the week the stock manages to hit a low of 563 and close the week around the levels of 586.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Dr. Reddy Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 03, 2017 – Oct 06, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 5.20%.

As we have mentioned last week, that minor support for the stock lies in the zone of 2400 to 2450. Support for the stock lies in the zone of 2300 to 2350 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2272 and close the week around the levels of 2329.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2550 to 2600 from 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 2650 to 2700 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Lupin Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Lupin for the week  (Oct 03, 2017 – Oct 06, 2017) :

LUPIN:

 

LUPIN

 

Lupin closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 990 to 1000. Support for the stock lies in the zone of 950 to 960 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 870 to 880 where long term Fibonacci level is lying. During the week the stock manages to hit a low of 982 and close the week around the levels of 1014.

Minor support for the stock lies in the zone of 990 to 1000. Support for the stock lies in the zone of 950 to 960 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 870 to 880 where long term Fibonacci level is lying.

Resistance for the stock lies in the zone of 1030 to 1040 from where the stock broke down from July-2017 low 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 1070 to 1080 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 970 – 980 on downside & 1050 – 1060 on upside.

Sun Pharma Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Oct 03, 2017 – Oct 06, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on negative note losing around 2.10%.

As we have mentioned last week, that support for the stock lies in the zone of 500 to 505 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485. During the week the stock manages to hit a low of 489 and close the week around the levels of 503.

Support for the stock lies in the zone of 500 to 505 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to485.

Minor resistance for the stock lies in the zone of 515 to 520. Resistance for the stock lies in the zone of 535 to 540 where medium term moving averages and highs for the month of September-2017 are lying. If the stock manages to close above these levels then the stock can move to the levels of 580 to 585.

Broad range for the stock in the coming week can be 480 – 485 on lower side & 530 – 535 on upper side.

Wipro Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Wipro for the week  (Oct 03, 2017 – Oct 06, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 4.80%.

As we have mentioned last week, that minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 281 to 284 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 from where the stock has opened gap up. During the week the stock manages to hit a low of 279 and close the week around the levels of 280.

Support for the stock lies in the zone of 275 to 277 where medium term moving averages and trend-line support for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 284 to 285. Resistance for the stock lies in the zone of 288 to 290 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 294 to 296 from where the stock broke down after consolidation.

Broad range for the stock in the coming week is seen between 270 to 272 on downside & 290 to 292 on upside.

HCL Tech Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Oct 03, 2017 – Oct 06, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on negative note losing around 1.10%.

As we have mentioned last week that minor support for the stock lies in the zone of 870 to 880. Support for the stock lies in the zone of 855 to 860 where break out levels, 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 830 to 835 where the stock has taken multiple support and 200 daily moving averages are lying. During the week the stock manages to hit a low of 862 and close the week around the levels of 875.

Minor support for the stock lies in the zone of 870 to 880. Support for the stock lies in the zone of 855 to 860 where break out levels, 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 830 to 835 where the stock has taken multiple support and 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 890 to 900 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 915 to 925 where Fibonacci level is lying.

Broad range for the stock in the coming week is seen between 840 to 850 on downside & 920 to 930 on upside.

TCS Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for TCS for the week  (Oct 03, 2017 – Oct 06, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on negative note losing around 1.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2450 to 2470 where short 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 2370 to 2400 where trend-line support and 200 moving averages are lying. During the week the stock manages to hit a low of 2421 and close the week around the levels of 2436.

Support for the stock lies in the zone of 2370 to 2400 where trend-line support and 200 moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2300 to 2320 where the stock has formed a bottom in the month of June-2017 and July-2017.

Resistance for the stock lies in the zone of 2450 to 2470 where short 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 2550 to 2580 where the stock has formed a top in the month of July-2017 and August-2017 and September-2017.

Broad range for the stock in the coming week is seen between 2300 to 2330 on downside & 2500 to 2520 on upside.

Infosys Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Infosys for the week  (Oct 03, 2017 – Oct 06, 2017) :

INFOSYS:

 

INFY

 

INFY closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 890 to 900. Support for the stock lies in the zone of 855 to 860 where the stock has form a bottom in the month of August-2017. If the stock manages to close below these levels then the stock can witness a major break down and the stock can drift to the levels of 820 to 830 where long term trend-line support for the stock is lying. During the week the stock manages to hit a low of 889 and close the week around the levels of 900.

Minor support for the stock lies in the zone of 890 to 900. Support for the stock lies in the zone of 855 to 860 where the stock has form a bottom in the month of August-2017. If the stock manages to close below these levels then the stock can witness a major break down and the stock can drift to the levels of 820 to 830 where long term trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 920 to 930 from where the stock has broken down from the trend-line support. If the stock manages to close above these levels then the stock can move to the levels of around 940 to 945 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 850 to 860 on downside & 930 to 940 on upside.

SBI Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for SBI for the week  (Oct 03, 2017 – Oct 06, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.00%.

As we have mentioned last week, that support for the stock lies in the zone of 260 to 262 from where the stock has broken out. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 252 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 250 and close the week around the levels of 254.

Support for the stock lies in the zone of 250 to 252 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242.

Minor resistance for the stock lies in the zone of 258 to 260. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 246 to 248 on lower side & 264 to 266 on upper side.

Axis Bank Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Oct 03, 2017 – Oct 06, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that support for the stock lies in the zone of 495 to 500 where 200 Daily Moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 485 to 490 where the stock has taken multiple support. During the week the index manages to hit a low of 488 and close the week around the levels of 509.

Support for the stock lies in the zone of 495 to 500 where 200 Daily Moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 485 to 490 where the stock has taken multiple support.

Resistance for the stock lies in the zone of 505 to 508 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 517 to 520 from where the stock has sold off.

Broad range for the stock in the coming week can be 480– 485 on lower side & 530 – 535 on upper side.

ICICI Bank Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Oct 03, 2017 – Oct 06, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 275 to 276. Support for the stock lies in the zone of 269 to 271 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 from where the index has broken out of 3 months of consolidation. During the week the index manages to hit a low of 269 and close the week around the levels of 276.

Minor support for the stock lies in the zone of 275 to 276. Support for the stock lies in the zone of 269 to 271 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 from where the index has broken out of 3 months of consolidation.

Minor resistance for the stock lies in the zone of 280 to 282. Resistance for the stock lies in the zone of 290 to 292 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 302 where the stock has formed a high in the month of August-2017.

Broad range for the stock in the coming week can be 264 – 266 on lower side & 290 – 292 on upper side.

HDFC Bank Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Oct 03, 2017 – Oct 06, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the stock lies in the zone of 1800 to 1810 from where the stock broke out of August-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 from where the stock broke out after consolidation. During the week the stock manages to hit a low of 1763 and close the week around the levels of 1806.

Support for the stock lies in the zone of 1800 to 1810 from where the stock broke out of August-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 from where the stock broke out after consolidation.

The stock is in strong uptrend. Practically no resistance is visible. Resistance for the stock lies in the zone of 1850 to 1860. If the stock manages to close above these levels then the stock can move to the levels of 1890 to 1900.

Broad range for the stock in the coming week can be 1760 to 1770 on lower side & 1850 to 1860 on upper side.

Nifty Media Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels. During the week the index manages to hit a low of 2931 and close the week around the levels of 2984.

The index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where 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 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3050 to 3100 on upside.

Nifty Realty Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on absolutely flat note.

As we have mentioned last week, that support for the index lies in the zone of 268 to 270 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 258 to 260 from where the index broke out of channel resistance. During the week the index manages to hit a low of 261 and close the week around the levels of 273.

Support for the index lies in the zone of 268 to 270 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 258 to 260 from where the index broke out of channel resistance.

Minor resistance for the index lies in the zone of 276 to 277. Resistance for the index lies in the zone of 281 to 283 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 289 to 291 where long term Fibonacci levels are lying.

Broad range for the index is seen between 260 to 262 on downside & 283 to 285 on upside.

Nifty PSU Bank Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on negative note losing around 3.50%.

As we have mentioned last week, that the index has seen a major break-down on the charts. Support for the index lies in the zone of 3030 to 3080. If the index manages to close below these levels then the index can drift to the levels of 2850 to 2900 where Fibonacci levels are lying. During the week the index manages to hit a low of 3012 and close the week around the levels of 3042.

The index has seen a major break-down on the charts. Support for the index lies in the zone of 3020 to 3050. If the index manages to close below these levels then the index can drift to the levels of 2850 to 2900 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3170 to 3200 where the index has taken support in the month of March-2017 & June-2017 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3330 to 3350 where 200 daily moving averages are lying.

Broad range for the index is seen between 2800 to 2850 on downside & 3200 to 3250 on upside.

Nifty Metal Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3650 to 3700 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 3570 and close the week around the levels of 3550.

Support for the index lies in the zone of 3420 to 3450 from where the index broke out of double top pattern 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 3200 to 3230 from where the index broke out of March-2017 highs.

Resistance for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3650 to 3700 where trend-line joining earlier highs is lying.

Broad range for the index is seen between 3300 to 3350 on downside & 3700 to 3750 on upside.

Nifty Energy Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on negative note losing around 2.10%.

As we have mentioned last week, that support for the index lies in the zone of 12900 to 13000 where break out 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 12500 to 12600 from where the index broke out of April-2017 highs and Fibonacci levels are lying. During the week the index manages to hit a low of 12602 and close the week around the levels of 12773.

Support for the index lies in the zone of 12500 to 12600 from where the index broke out of April-2017 highs and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 12100 to 12200 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 12900 to 13000 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 13250 to 13350 from where the index broke down after consolidation.

Broad range for the index is seen between 12100 to 12200 on downside & 13100 to 13200 on upside.

Nifty Auto Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.10%.

As we have mentioned last week, that minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying. During the week the index manages to hit a low of 10560 and close the week around the levels of 10811.

Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs, 200 Daily moving averages and Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 10850 to 10900. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017.

Broad range for the index is seen from 10500 to 10600 on downside & 11100 to 11200 on upside.

Nifty Pharma Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on negative note losing around 3.10%.

As we have mentioned last week, that minor support for the index lies in the zone of 9350 to 9400. Support for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 8900 to 8950 where break out levels are lying. During the week the index manages to hit a low of 8977 and close the week around the levels of 9173.

Support for the index lies in the zone of 8900 to 8950 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 8720 to 8770 where the index has formed a low in the month of September-2017.

Resistance for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 9350 to 9400 where medium term moving averages are lying.

Broad range for the index is seen from 8750 to 8800 on downside & 9350 to 9400 on upside.

Nifty FMCG Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Oct 03, 2017 – Oct 06, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 2.90%.

As we have mentioned last week, that support for the index lies in the zone of 25000 to 25200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying. During the week the index manages to hit a low of 24427 and close the week around the levels of 24481.

Support for the index lies in the zone of 24000 to 24200 where 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 23200 to 23300 from where the index broke out of September-2016 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25400 to 25500 where short term moving averages and Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 23200 to 23300 on downside & 25400 to 25500 on upside.

Nifty IT Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY IT for the week  ( Oct 03, 2017 – Oct 06, 2017) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on negative note losing around 1.50%.

As we have mentioned last week, that minor support for the index lies in the zone of 10480 to 10500. Support for the index lies in the zone of 10300 to 10400 where short & long term moving averages and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10000 to 10100 where Fibonacci levels are lying. During the week the index manages to hit a low of 10454 and close the week around the levels of 10475.

Support for the index lies in the zone of 10300 to 10400 where 200 daily moving averages and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10000 to 10100 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 10550 to 10600 where short term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 10700 to 10750 where the index has formed a top in the month of September-2017.

Broad range for the index in the coming week is seen from 10200 to 10300 on downside & 10700 to 10800 on upside.

Nifty Bank Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Nifty Bank for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY BANK:

 

BANKNIFTY

 

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

As we have mentioned, last week that support for the index lies in the zone of 24150 to 24250 where the index has taken multiple support. If the index manages to close below these levels then the index can drift to the levels of 23800 to 23900 from where the index broke out of June-2017 highs and medium term moving averages are lying. During the week the index manages to hit a low of 23611 and close the week around the levels of 24053.

Support for the index lies in the zone of 23800 to 23900 from where the index broke out of June-2017 highs 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 23000 to 23100 where the index has taken support in the month of June-2017.

Minor resistance for the index lies in the zone of 24150 to 24250. Resistance for the index lies in the zone of 24400 to 24500 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 25000 to 25100 where the index has formed a double top pattern.

Range for the week is seen from 23200 to 23300 on downside & 24700 to 24800 on upside.

Nifty Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

Equityandit’s Outlook for Nifty for week (Oct 03, 2017 – Oct 06, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 1.80%.

As we have mentioned last week, that support for the index lies in the zone of 9880 to 9920 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9740 from where the index broke out of June-2017 high and medium term moving averages are lying. During the week the index manages to hit a low of 9789 and close the week around the levels of 9789.

Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high 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 9450 to 9500 where the index has taken support in the month of June-2017.

Minor resistance for the index lies in the zone of 9840 to 9860. Resistance for the index lies in the zone of 9930 to 9960 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017.

Broad range for the week is seen from 9500 on downside & 10000 on upside.

MCX Tips for – September 29, 2017

Gold (29608): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29896 levels. Traders can initiate short positions on every rise until Gold closes above 29896 levels.

Silver (39750):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40303  levels.

Crude (3373): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3352 levels.

Natural Gas (198.30): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 194.90 levels.

Copper (431.75): Copper has entered into postive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 422.70.

Zinc (209.25): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 203.10 levels.

Lead (162.65): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 157.95 levels.

Nickel (679.20):  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 696.20 levels.

Aluminium (138.40):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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 – September 28, 2017

Gold (29658): Gold has entered into negative zone and traders can hold short positions until Gold closes above 30075 levels. Traders can initiate short positions on every rise until Gold closes above 30075 levels.

Silver (39732):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40388  levels.

Crude (3416): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3352 levels.

Natural Gas (201.80): NG Future has entered into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 194.90 levels.

Copper (425.95): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 426.90.

Zinc (207.05): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 202.20 levels.

Lead (161.05): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 157.95 levels.

Nickel (670.40):  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 701.30 levels.

Aluminium (138.15):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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 – September 27, 2017

Gold (29872): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29679 levels. Traders can initiate long positions on every dip until Gold closes below 29679 levels.

Silver (39857):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40388  levels.

Crude (3402): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3327 levels.

Natural Gas (190.70): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 196.10 levels.

Copper (423.55): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 426.90.

Zinc (205.85): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 202.10 levels.

Lead (161.65): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 157.95 levels.

Nickel (679.60):  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 706.70 levels.

Aluminium (137.55):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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 – September 26, 2017

Gold (30039): Gold has entered into positive zone and traders can hold long positions until Gold closes below 29540 levels. Traders can initiate long positions on every dip until Gold closes below 29540 levels.

Silver (40276):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40388  levels.

Crude (3406): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3266 levels.

Natural Gas (190.80): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 197.50 levels.

Copper (425.15): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 426.90.

Zinc (205.95): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 199.10 levels.

Lead (162.15): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 157.75 levels.

Nickel (689.60):  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 707.10 levels.

Aluminium (138.80):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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 – September 25, 2017

Gold (29585): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29778 levels. Traders can initiate short positions on every rise until Gold closes above 29778 levels.

Silver (39727):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40388  levels.

Crude (3287): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3221 levels.

Natural Gas (192.60): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 197.50 levels.

Copper (423.55): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 426.90.

Zinc (201.00): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 197.50 levels.

Lead (161.65): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 155.30 levels.

Nickel (686.90):  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 707.10 levels.

Aluminium (138.95):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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 (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Sep 25, 2017 – Sep 29, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (192.60) closed the week on negative note losing around 0.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 204 and close the week around the levels of 193.

Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 205 – 207 on upside.

Crude Oil Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Sep 25, 2017 – Sep 29, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3287) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3300 to 3330 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 3312 and close the week around the levels of 3287.

Support for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3080 to 3120 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3300 to 3330 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3400 to 3430 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3120 – 3150 on downside & 3400 – 3430 on upside.

Aluminium Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Sep 25, 2017 – Sep 29, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM (138.99) closed the week on positive note gaining around 5.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 133 to 134. If the commodity manages to close above these levels then the commodity can move to the levels of 136 to 138. During the week the commodity manages to hit a high of 141 and close the week around the levels of 139.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 143 to 145. If the commodity manages to close above these levels then the commodity can move to the levels of 149 to 151.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 146 – 148 on upside.

Nickel Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Nickel for the week  (Sep 25, 2017 – Sep 29, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL (686.90) closed the week on negative note losing around 3.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 680 to 685 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 674 and close the week around the levels of 687.

Support for the commodity lies in the zone of 680 to 685 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 650 to 655 where Fibonacci levels and 200 daily moving averages are lying.

Resistance for the commodity lies in the zone of 700 to 705 where break out levels and Fibonacci levels for the commodity is lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 723 to 728 from where the commodity has broken down from H&S pattern and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 650 – 655 on downside & 725 – 730 on upside.

Lead Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Lead for the week  (Sep 25, 2017 – Sep 29, 2017) :

LEAD:

 

LEAD 1

 

LEAD (161.60) closed the week on positive note gaining around 7.40%.

As we have mentioned last week, that 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 159 to 161 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 163 and close the week around the levels of 162.

Minor support for the commodity lies in the zone of 159 to 160. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 146 to 148 where short term & 200 daily moving averages and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 164 to 166 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 172 to 175 where life time high for the commodity is lying.

Broad range for the commodity in the coming week can be seen between 150 – 152 on downside & 170 – 172 on upside.

Zinc Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Zinc for the week  (Sep 25, 2017 – Sep 29, 2017) :

ZINC:

 

ZINC 1

 

ZINC (201) closed the week on a positive note gaining around 3.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 195 to 197 from where the commodity has broken down from the consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 204 to 206 where trend-line joining highs of 208 and 204 are lying. During the week the commodity manages to hit a high of 203 and close the week around the levels of 201.

Minor support for the commodity lies in the zone of 196 to 198. Support for the commodity lies in the zone of 190 to 192 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 around 183 to 185 where trend-line support for the commodity is lying.

Resistance for the commodity lies in the zone of 204 to 206 where trend-line joining highs of 208 and 204 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 210 – 212 on upside.

Copper Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Copper for the week  (Sep 25, 2017 – Sep 29, 2017) :

COPPER:

 

COPPER 1

 

COPPER (423.55) closed the week on positive note gaining around 0.80%.

As we have mentioned last week that support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 417 and close the week around the levels of 423.55.

Support for the commodity lies in the zone of 414 to 417 where short term moving averages and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 400 to 403 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 425 to 427. If the commodity manages to close above these levels then the commodity can move to the levels of 432 to 435 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 412 – 415 on downside & 432 – 435 on upside.

Silver Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Silver for the week  (Sep 25, 2017 – Sep 29, 2017) :

SILVER:

 

SILVER 1

 

SILVER (39727) 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 40600 to 40700 from where the commodity broke out of June-2017 highs and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 40000 to 40100 where 200 daily moving averages are lying. During the week the commodity manages to hit a low of 39515 and close the week around the levels of 39727.

Support for the commodity lies in the zone of 39100 to 39200 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38300 to 38400 where break out levels for the commodity is lying.

Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40700 to 40800 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 38300 – 38400 on downside & 40500 – 40700 on upside.

Gold Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Gold for the week  (Sep 25, 2017 – Sep 29, 2017) :

GOLD:

 

GOLD 1

 

GOLD (29585) closed the week on negative note losing around 0.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying. During the week the commodity manages to hit a low of 29443 and close the week around the levels of 29585.

Support for the commodity lies in the zone of 29550 to 29650 where the commodity has formed a double top pattern and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28900 to 29000 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 29750 to 29850. Resistance for the commodity lies in the zone of 30200 to 30300 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30600 to 30700 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 29000 – 29100 on downside & 30000 – 30100 on upside.

Colgate Palmolive Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Sep 25, 2017 – Sep 29, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on negative note losing around 3.20%.

As we have mentioned last week that support for the stock lies in the zone of 1130 to 1135 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1080 to 1090 where Fibonacci level and short term moving average are lying. During the week the stock manages to hit a low of 1094 and close the week around the levels of 1101.

Support for the stock lies in the zone of 1080 to 1090 where Fibonacci level and short term moving average are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1055 to 1065 where break out levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 1130 to 1135 from where the stock has broken down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1150 to 1160.

Broad range for the stock is seen between 1050 to 1060 on downside & 1150 to 1160 on upside.

Dabur Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for DABUR for the week  (Sep 25, 2017 – Sep 29, 2017) :

DABUR:

 

DABUR

 

Dabur closed the week on negative note losing around 1.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 314 to 316 from where the stock broke down after consolidation and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 323 where long term Fibonacci levels are lying and life time highs for the stock is lying. During the week the stock manages to hit a high of 318 and close the week around the levels of 305.

Support for the stock lies in the zone of 300 to 305 where Fibonacci level are lying. If the stock manages to close below these levels then the stock can drift to the levels of 292 to 294 where high of the month of June-2017 and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 308 to 310. Resistance for the stock lies in the zone of 314 to 316 from where the stock broke down after consolidation and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 320 to 323 where long term Fibonacci levels are lying and life time highs for the stock is lying.

Broad range for the stock in the coming week can be seen between 290 to 292 on downside & 320 to 322 on upside.

Hindustan Unilever Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Sep 25, 2017 – Sep 29, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on negative note losing around 0.50%.

As we have mentioned last week, that minor support for the stock lies in the zone of 1220 to 1230. Support for the stock lies in the zone of 1200 to 1210 from where the stock broke out of double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 1150 to 1160 where short term moving averages for the stock is lying. During the week the stock manages to hit a low of 1234 and close the week around the levels of 1239.

Minor support for the stock lies in the zone of 1220 to 1230. Support for the stock lies in the zone of 1200 to 1210 from where the stock broke out of double top pattern. If the stock manages to close below these levels then the stock can drift to the levels of 1150 to 1160 where short term moving averages for the stock is lying.

Resistance for the stock lies in the zone of 1250 to 1260. If the stock manages to close above these levels then the stock can move to the levels of 1270 to 1280.

Broad range for the stock in coming week is seen between 1210 to 1220 on downside & 1270 to 1280 on upside.

ITC Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for ITC for the week  (Sep 25, 2017 – Sep 29, 2017) :

ITC:

 

ITC

 

ITC closed the week on negative note losing around 0.30%.

As we have mentioned last week, that support for the stock lies in the zone of 268 to 270 where the stock has formed a bottom in the month of August-2017. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262. During the week the stock manages to hit a low of 264 and close the week around the levels of 268.

Support for the stock lies in the zone of 268 to 270 where the stock has formed a bottom in the month of August-2017. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262.

Minor resistance for the stock lies in the zone of 271 to 273. Resistance for the stock lies in the zone of 276 to 278 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 281 to 283.

Broad range for the stock in coming week is seen between 260 to 262 on downside & 275 to 277 on upside.

Cipla Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Cipla for the week  (Sep 25, 2017 – Sep 29, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 4.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 where the stock has formed a short term top. During the week the stock manages to hit a high of 600 and close the week around the levels of 585.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Dr. Reddy Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Sep 25, 2017 – Sep 29, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 11.10%.

As we have mentioned last week, that minor support for the stock lies in the zone of 2150 to 2170. Support for the stock lies in the zone of 2050 to 2100 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2176 and close the week around the levels of 2458.

Minor support for the stock lies in the zone of 2400 to 2450. Support for the stock lies in the zone of 2300 to 2350 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2550 to 2600 from 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 2650 to 2700 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2300 – 2330 on downside & 2600 – 2650 on upside.

Lupin Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Lupin for the week  (Sep 25, 2017 – Sep 29, 2017) :

LUPIN:

 

LUPIN

 

Lupin closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 1000 to 1010. Resistance for the stock lies in the zone of 1030 to 1040 from where the stock broke down from July-2017 low 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 1070 to 1080 where Fibonacci levels are lying. During the week the stock manages to hit a high of 1045 and close the week around the levels of 1014.

Minor support for the stock lies in the zone of 990 to 1000. Support for the stock lies in the zone of 950 to 960 where Fibonacci level is lying. If the stock manages to close below these levels then the stock can drift to the levels of 870 to 880 where long term Fibonacci level is lying.

Resistance for the stock lies in the zone of 1030 to 1040 from where the stock broke down from July-2017 low 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 1070 to 1080 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 970 – 980 on downside & 1050 – 1060 on upside.

Sun Pharma Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Sep 25, 2017 – Sep 29, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on negative note losing around 1.90%.

As we have mentioned last week, that minor support for the stock lies in the zone of 515 to 519. Support for the stock lies in the zone of 500 to 505 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to485. During the week the stock manages to hit a low of 504 and close the week around the levels of 514.

Support for the stock lies in the zone of 500 to 505 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to485.

Resistance for the stock lies in the zone of 535 to 540 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 580 to 585.

Broad range for the stock in the coming week can be 490 – 495 on lower side & 530 – 535 on upper side.

Wipro Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Wipro for the week  (Sep 25, 2017 – Sep 29, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that support for the stock lies in the zone of 281 to 284 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 from where the stock has opened gap up. During the week the stock manages to hit a low of 283 and close the week around the levels of 294.

Minor support for the stock lies in the zone of 289 to 291. Support for the stock lies in the zone of 281 to 284 from where the stock broke out of June-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 from where the stock has opened gap up.

Resistance for the stock lies in the zone of 293 to 295. If the stock manages to close above these levels then the stock can move to the levels of 302 to 304.

Broad range for the stock in the coming week is seen between 282 to 284 on downside & 300 to 304 on upside.

HCL Tech Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Sep 25, 2017 – Sep 29, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on negative note losing around 0.30%.

As we have mentioned last week that minor support for the stock lies in the zone of 870 to 880. Support for the stock lies in the zone of 855 to 860 where break out levels, 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 830 to 835 where the stock has taken multiple support and 200 daily moving averages are lying. During the week the stock manages to hit a low of 869 and close the week around the levels of 884.

Minor support for the stock lies in the zone of 870 to 880. Support for the stock lies in the zone of 855 to 860 where break out levels, 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 830 to 835 where the stock has taken multiple support and 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 890 to 900 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 915 to 925 where Fibonacci level is lying.

Broad range for the stock in the coming week is seen between 840 to 850 on downside & 920 to 930 on upside.

TCS Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for TCS for the week  (Sep 25, 2017 – Sep 29, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 2450 to 2470 where short 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 2370 to 2400 where trend-line support and 200 moving averages are lying. During the week the stock manages to hit a low of 2474 and close the week around the levels of 2504.

Support for the stock lies in the zone of 2450 to 2470 where short 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 2370 to 2400 where trend-line support and 200 moving averages are lying.

Resistance for the stock lies in the zone of 2550 to 2580 where the stock has formed a top in the month of July-2017 and August-2017. If the stock manages to close above these levels then the stock can move to the levels of 2700 where the stock has formed a top in the month of June-2017.

Broad range for the stock in the coming week is seen between 2400 to 2430 on downside & 2570 to 2600 on upside.

Infosys Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Infosys for the week  (Sep 25, 2017 – Sep 29, 2017) :

INFOSYS:

 

INFY

 

INFY closed the week on negative note losing around 1.10%.

As we have mentioned last week, that minor support for the stock lies in the zone of 890 to 900. Support for the stock lies in the zone of 855 to 860 where the stock has form a bottom in the month of August-2017. If the stock manages to close below these levels then the stock can witness a major break down and the stock can drift to the levels of 820 to 830 where long term trend-line support for the stock is lying. During the week the stock manages to hit a low of 888 and close the week around the levels of 898.

Minor support for the stock lies in the zone of 890 to 900. Support for the stock lies in the zone of 855 to 860 where the stock has form a bottom in the month of August-2017. If the stock manages to close below these levels then the stock can witness a major break down and the stock can drift to the levels of 820 to 830 where long term trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 920 to 930 from where the stock has broken down from the trend-line support. If the stock manages to close above these levels then the stock can move to the levels of around 940 to 945 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 850 to 860 on downside & 930 to 940 on upside.

SBI Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for SBI for the week  (Sep 25, 2017 – Sep 29, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 3.50%.

As we have mentioned last week, that support for the stock lies in the zone of 268 to 270 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 262 from where the stock has broken out. During the week the stock manages to hit a low of 261 and close the week around the levels of 262.

Support for the stock lies in the zone of 260 to 262 from where the stock has broken out. If the stock manages to close below these levels then the stock can drift to the levels of 250 to 252 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 264 to 266. Resistance for the stock lies in the zone of 269 to 271 from where the stock has broken down from multiple support zone. If the stock manages to close above these levels then the stock can move to the levels of 276 to 278 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 250 to 252 on lower side & 272 to 274 on upper side.

Axis Bank Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Sep 25, 2017 – Sep 29, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on negative note losing around 2.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 517 to 520 from where the stock has sold off. If the stock manages to close above these levels then the stock can move to the levels of 530 to 535 where Fibonacci levels are lying. During the week the stock manages to hit a high of 526 and close the week around the levels of 505.

Support for the stock lies in the zone of 495 to 500 where 200 Daily Moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 485 to 490 where the stock has taken multiple support.

Resistance for the stock lies in the zone of 505 to 508 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 517 to 520 from where the stock has sold off.

Broad range for the stock in the coming week can be 480– 485 on lower side & 530 – 535 on upper side.

ICICI Bank Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Sep 25, 2017 – Sep 29, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on negative note losing around 5.00%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 295 to 297. Resistance for the stock lies in the zone of 300 to 302 where the stock has sold off. If the stock manages to close above these levels then the stock can move to the levels of 310 to 312 where the stock has formed a high in the month of July-2017. During the week the stock manages to hit a high of 295 and close the week around the levels of 277.

Minor support for the stock lies in the zone of 275 to 276. Support for the stock lies in the zone of 269 to 271 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 264 to 266 from where the index has broken out of 3 months of consolidation.

Minor resistance for the stock lies in the zone of 280 to 282. Resistance for the stock lies in the zone of 290 to 292 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 300 to 302 where the stock has formed a high in the month of August-2017.

Broad range for the stock in the coming week can be 264 – 266 on lower side & 290 – 292 on upper side.

HDFC Bank Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Sep 25, 2017 – Sep 29, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on negative note losing around 1.30%.

As we have mentioned last week, that the stock is in strong uptrend. Practically no resistance is visible. Resistance for the stock lies in the zone of 1850 to 1860. If the stock manages to close above these levels then the stock can move to the levels of 1890 to 1900. During the week the stock manages to hit a high of 1868 and close the week around the levels of 1824.

Support for the stock lies in the zone of 1800 to 1810 from where the stock broke out of August-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 from where the stock broke out after consolidation.

The stock is in strong uptrend. Practically no resistance is visible. Resistance for the stock lies in the zone of 1850 to 1860. If the stock manages to close above these levels then the stock can move to the levels of 1890 to 1900.

Broad range for the stock in the coming week can be 1780 to 1790 on lower side & 1850 to 1860 on upper side.

Nifty Media Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3200 to 3230. During the week the index manages to hit a high of 3179 and close the week around the levels of 3028.

Support for the index lies in the zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where 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 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3100 to 3130 on upside.

Nifty Realty Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on negative note losing around 4.80%.

As we have mentioned last week, that minor support for the index lies in the zone of 284 to 286. Support for the index lies in the zone of 278 to 280 from where the index broke out after consolidation. If the index manages to close below these levels then the index can drift to the levels of 268 to 270 where medium term moving averages are lying. During the week the index manages to hit a low of 271 and close the week around the levels of 273.

Support for the index lies in the zone of 268 to 270 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 258 to 260 from where the index broke out of channel resistance.

Resistance for the index lies in the zone of 281 to 283 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 289 to 291 where long term Fibonacci levels are lying.

Broad range for the index is seen between 260 to 262 on downside & 283 to 285 on upside.

Nifty PSU Bank Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on negative note losing around 3.80%.

As we have mentioned last week, that resistance for the index lies in the zone of 3330 to 3350 where 200 daily moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500 where Fibonacci levels and short & medium term moving averages are lying. During the week the index manages to hit a high of 3312 and close the week around the levels of 3153.

The index has seen a major break-down on the charts. Support for the index lies in the zone of 3030 to 3080. If the index manages to close below these levels then the index can drift to the levels of 2850 to 2900 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3170 to 3200 where the index has taken support in the month of March-2017 & June-2017 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3330 to 3350 where 200 daily moving averages are lying.

Broad range for the index is seen between 2900 to 2950 on downside & 3300 to 3350 on upside.

Nifty Metal Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on negative note losing around 4.70%.

As we have mentioned last week, that support for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3450 to 3500 from where the index broke out of double top pattern. During the week the index manages to hit a low of 3479 and close the week around the levels of 3492.

Support for the index lies in the zone of 3410 to 3440 from where the index broke out of double top pattern 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 3200 to 3230 from where the index broke out of March-2017 highs.

Resistance for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3650 to 3700 where trend-line joining earlier highs is lying.

Broad range for the index is seen between 3200 to 3250 on downside & 3700 to 3750 on upside.

Nifty Energy Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on negative note losing around 2.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 13300 to 13400 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 13600 to 13700. During the week the index manages to hit a high of 13665 and close the week around the levels of 13047.

Support for the index lies in the zone of 12900 to 13000 where break out 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 12500 to 12600 from where the index broke out of April-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 13250 to 13350 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 13600 to 13700 where the index has formed a double top pattern.

Broad range for the index is seen between 12500 to 12600 on downside & 13400 to 13500 on upside.

Nifty Auto Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.40%.

As we have mentioned last week, that resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017. During the week the index manages to hit a high of 11218 and close the week around the levels of 10927.

Minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Pharma Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 8900 to 8950 where break out levels are lying. During the week the index manages to hit a low of 9218 and close the week around the levels of 9465.

Minor support for the index lies in the zone of 9350 to 9400. Support for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 8900 to 8950 where break out levels are lying.

Resistance for the index lies in the zone of 9550 to 9600. If the index manages to close above these levels then the index can move to the levels of 9900 to 9950 where 200 daily moving averages are lying.

Broad range for the index is seen from 9200 to 9250 on downside & 9650 to 9700 on upside.

Nifty FMCG Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Sep 25, 2017 – Sep 29, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the index lies in the zone of 25000 to 25200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying. During the week the index manages to hit a low of 25156 and close the week around the levels of 25220.

Support for the index lies in the zone of 25000 to 25200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 25400 to 25500. Resistance for the index lies in the zone of 25700 to 25800 where short 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 25900 to 26000 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 24500 to 24600 on downside & 25800 to 25900 on upside.

Nifty IT Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY IT for the week  ( Sep 25, 2017 – Sep 29, 2017) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 10700 to 10800 from where the index has broken down. If the index manages to close above these levels then the index can move to the levels of 11000 to 11050 where the index has formed a top in the month of June-2017. During the week the index manages to hit a high of 10694 and close the week around the levels of 10632.

Minor support for the index lies in the zone of 10480 to 10500. Support for the index lies in the zone of 10300 to 10400 where short & long term moving averages and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10000 to 10100 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 10700 to 10800 from where the index has broken down. If the index manages to close above these levels then the index can move to the levels of 11000 to 11050 where the index has formed a top in the month of June-2017.

Broad range for the index in the coming week is seen from 10300 to 10400 on downside & 10900 to 11000 on upside.

Nifty Bank Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Nifty Bank for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY BANK:

 

BANKNIFTY

 

Nifty Bank closed the week on negative note losing around 1.90%.

As we have mentioned, last week that resistance for the index lies in the zone of 25100 to 25200 where the index has formed a top in the month of August-2017. If the index manages to close above these levels then the index can move to the levels of 25400 to 25500. During the week the index manages to hit a high of 25105 and close the week around the levels of 24369.

Support for the index lies in the zone of 24150 to 24250 where the index has taken multiple support. If the index manages to close below these levels then the index can drift to the levels of 23800 to 23900 from where the index broke out of June-2017 highs and medium term moving averages are lying.

Minor resistance for the index lies in the zone of 24500 to 24600. Resistance for the index lies in the zone of 25100 to 25200 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 25400 to 25500.

Range for the week is seen from 23800 to 23900 on downside & 25000 to 25100 on upside.

Nifty Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

Equityandit’s Outlook for Nifty for week (Sep 25, 2017 – Sep 29, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 1.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 10100 to 10130 where the index has formed a top in the month of August-2017. If the index manages to close above these levels then the index can move to the levels of 10300 to 10400. During the week the index manages to hit a high of 10179 and close the week around the levels of 9964.

Support for the index lies in the zone of 9880 to 9920 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9740 from where the index broke out of June-2017 high and medium term moving averages are lying.

Minor resistance for the index lies in the zone of 9980 to 10020. Resistance for the index lies in the zone of 10100 to 10130 where the index has formed a top in the month of August-2017. If the index manages to close above these levels then the index can move to the levels of 10300 to 10400.

Broad range for the week is seen from 9700 on downside & 10200 on upside.

MCX Tips for – September 22, 2017

Gold (29564): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29778 levels. Traders can initiate short positions on every rise until Gold closes above 29778 levels.

Silver (39833):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40388  levels.

Crude (3295): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3209 levels.

Natural Gas (192.20): NG Future has entered into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 201.50 levels.

Copper (422.75): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 427.90.

Zinc (198.10): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 197.50 levels.

Lead (160.15): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 155.30 levels.

Nickel (694.40):  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 729.90 levels.

Aluminium (138.35):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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 – September 21, 2017

Gold (29744): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29866 levels. Traders can initiate short positions on every rise until Gold closes above 29866 levels.

Silver (40247):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40555  levels.

Crude (3286): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3177 levels.

Natural Gas (200.30): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 197.30 levels.

Copper (424.15): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 427.90.

Zinc (202.20): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 197.50 levels.

Lead (157.70): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 152.90 levels.

Nickel (729.30):  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 731.80 levels.

Aluminium (139.10):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 134.90 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 – September 20, 2017

Gold (29621): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29866 levels. Traders can initiate short positions on every rise until Gold closes above 29866 levels.

Silver (40062):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40555  levels.

Crude (3215): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3177 levels.

Natural Gas (201.50): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 197.30 levels.

Copper (423.85): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 427.90.

Zinc (200.70): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 195.20 levels.

Lead (154.60): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 150.10 levels.

Nickel (714.20):  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 731.80 levels.

Aluminium (135.30):  Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 132.25 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 – September 19, 2017

Gold (29547): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29944 levels. Traders can initiate short positions on every rise until Gold closes above 29944 levels.

Silver (39764):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40849  levels.

Crude (3208): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3122 levels.

Natural Gas (202.50): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 193.50 levels.

Copper (422.70): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 427.90.

Zinc (200.65): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 193.75 levels.

Lead (152.50): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 148.30 levels.

Nickel (714.60):  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 731.80 levels.

Aluminium (132.80):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 134.65 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 (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Sep 18, 2017 – Sep 22, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.90) closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level 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 194 to 196 from where the commodity has broken down. During the week the commodity manages to hit a high of 199 and close the week around the levels of 194.

Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 205 – 207 on upside.

Crude Oil Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Sep 18, 2017 – Sep 22, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL (3191) closed the week on positive note gaining around 4.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 2980 to 3020 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2880 to 2920 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 3010 and close the week around the levels of 3191.

Support for the commodity lies in the zone of 3080 to 3120 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 2980 to 3020 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 3200 to 3250 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3300 to 3330 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3020 – 3050 on downside & 3300 – 3330 on upside.