All posts by EquityPandit

MCX Tips for – December 19, 2018

Gold (31161): Gold has entered into negative zone and traders can go short at every rise or hold short positions until Gold closes above  31735  levels.

Silver (37453):  Silver has entered into negative zone and traders can go short at every rise or hold short positions until Silver closes above  38349  levels.

Crude (3385): Crude has entered into negative and traders can go short at every rise or hold short positions until Crude closes above 3592  levels.

Natural Gas (263.30): NG is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 280.10 levels.

Copper (417.50): Copper has entered into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 435.70.

Zinc (179.45): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 185.80  levels.

Lead (137.75): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 140.00 levels.

Nickel (758.60):  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 787.40 levels.

Aluminium (135.60): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 139.50 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 – December 18, 2018

Gold (31651): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  31430  levels.

Silver (38180):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37664  levels.

Crude (3612): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3592  levels.

Natural Gas (253.70): NG is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 280.10 levels.

Copper (438.70): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 434.70.

Zinc (184.45): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 188.00  levels.

Lead (138.55): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 141.50 levels.

Nickel (783.50):  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 793.10 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 140.00 levels.

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

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

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 17, 2018

Gold (31553): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  31430  levels.

Silver (38054):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37664  levels.

Crude (3690): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3592  levels.

Natural Gas (276.10): NG is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 303.90 levels.

Copper (441.70): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 434.70.

Zinc (183.40): Zinc has entered into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 188.50  levels.

Lead (140.30): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 142.30 levels.

Nickel (790.90):  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 793.10 levels.

Aluminium (137.60): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.00 levels.

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

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

MCX Subscription Pricing details can be seen at MCX Services

Natural Gas Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 17, 2018 – Dec 21, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 14.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360 where high for the month of November-2018 is lying. During the week the commodity manages to hit a high of 335 and close the week around the levels of 278.

Support for the commodity lies in the zone of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 255 to 260 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 310 to 315 where channel resistance and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 260 – 265 on downside & 295 – 300 on upside.

Crude Oil Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 17, 2018 – Dec 21, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 4.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3800 to 3850 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4150 to 4200 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a high of 3815 and close the week around the levels of 3684.

Minor support for the commodity lies in the zone of 3650 to 3700. Support for the commodity lies in the zone of 3500 to 3550 where Fibonacci levels and trend-line support are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3350 to 3400 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3800 to 3850 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4150 to 4200 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 3500 – 3550 on downside & 3900 – 3950 on upside.

Aluminium Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Aluminium for the week  (Dec 17, 2018 – Dec 21, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 1.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 142 to 144 where Fibonacci levels and medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 146 to 148 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 143 and close the week around the levels of 138.

Support for the commodity lies in the zone of around 134 to 136 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 128 to 130 where the commodity has taken support in the month of April-2018.

Resistance for the commodity lies in the zone of 142 to 144 where Fibonacci levels and medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 146 to 148 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 132 – 135 on downside and 143 – 146 on upside.

Nickel Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Nickel for the week  (Dec 17, 2018 – Dec 21, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 760 to 770 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where the commodity has taken multiple support in the month of December-2017. During the week the commodity manages to hit a low of 771 and close the week around the levels of 790.

Support for the commodity lies in the zone of 760 to 770 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where the commodity has taken multiple support in the month of December-2017.

Resistance for the commodity lies in the zone of 800 to 810 from where the commodity broke down from consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 830 to 840 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 760 – 770 on downside & 820 – 830 on upside.

Lead Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Lead for the week  (Dec 17, 2018 – Dec 21, 2018) :

LEAD:

 

LEAD 1

 

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

As we have mentioned last week, that resistance for the commodity lies in the zone of 143 to 145 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a high of 145 and close the week around the levels of 140.

Support for the commodity lies in the zone of 137 to 139 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 133 where long term Fibonacci levels and low for the month of May-2017, June-2017 and November-2018 is lying.

Resistance for the commodity lies in the zone of 143 to 145 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 132 – 135 on downside & 147 – 150 on upside.

Zinc Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Zinc for the week  (Dec 17, 2018 – Dec 21, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 2.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 190 to 192 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 192 and close the week around the levels of 183.

Support for the commodity lies in the zone of 180 to 182 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 172 to 175 where the commodity has formed a low in the month of November-2018.

Minor support for the commodity lies in the zone of 185 to 187. Resistance for the commodity lies in the zone of 190 to 192 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 172 – 175 on downside & 190 – 193 on upside.

Copper Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Copper for the week   (Dec 17, 2018 – Dec 21, 2018) :

COPPER:

 

COPPER 1

 

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

As we have mentioned last week, that resistance for the commodity lies in the zone of 445 to 450 where short; medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 448 and close the week around the levels of 441.

Support for the commodity lies in the zone of 435 to 440 where short; medium & long 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 425 to 430 from where the commodity broke out of August-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 450 to 455 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 460 to 465 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 425 – 430 on downside & 455 – 460 on upside.

Silver Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Silver for the week  (Dec 17, 2018 – Dec 21, 2018) :

SILVER:

 

SILVER 1

 

SILVER 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 38000 to 38200 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38500 to 38700 where Fibonacci levels and medium & long term moving averages are lying. During the week the commodity manages to hit a high of 38660 and close the week around the levels of 38010.

Support for the commodity lies in the zone of 37300 to 37500 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 36700 to 36900 where Fibonacci levels and break out levels are lying.

Resistance for the commodity lies in the zone of 38000 to 38200 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38500 to 38700 where Fibonacci levels and medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 37000 – 37200 on downside & 38700 – 39000 on upside.

Gold Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Gold for the week  (Dec 17, 2018 – Dec 21, 2018) :

GOLD:

 

GOLD 1

 

GOLD 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 31700 to 31800. Resistance for the commodity lies in the zone of 32000 to 32100 from where the commodity has broken down after consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 32400 to 32500 where commodity has formed a high in the month of October-2018. During the week the commodity manages to hit a high of 32118 and close the week around the levels of 31535.

Minor support for the commodity lies in the zone of 31300 to 31400. Support for the commodity lies in the zone of 31000 to 31100 where Fibonacci levels and 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 30600 to 30700 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 31700 to 31800. Resistance for the commodity lies in the zone of 32000 to 32100 from where the commodity has broken down after consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 32400 to 32500 where commodity has formed a high in the month of October-2018.

Broad range for the commodity in the coming week can be seen between 30900 – 31000 on downside & 32100 – 32200 on upside.

Colgate Palmolive Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Colgate Palmolive for the week (Dec 17, 2018 – Dec 21, 2018) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on positive note gaining around 6.20%.

As we have mentioned last week, that minor support for the stock lies in the zone of 1210 to 1220. Support for the stock lies in the zone of 1170 to 1190 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1120 to 1140 where long & medium term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 1190 and close the week around the levels of 1312.

Support for the stock lies in the zone of 1260 to 1280 where high for the month of May-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1220 to 1240 where Fibonacci levels are lying.

Resistance for the stock lies around 1330 to 1350. If the stock manages to close above these levels then the stock can move to the levels of 1380 to 1400.

Broad range for the stock is seen between 1240 to 1260 on downside & 1350 to 1370 on upside.

Dabur Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for DABUR for the week  (Dec 17, 2018 – Dec 21, 2018) :

DABUR:

 

DABUR

 

Dabur closed the week on positive note gaining around 8.00%.

As we have mentioned last week, that support for the stock lies in the zone of 395 to 400 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 380 to 385 where break out levels and Fibonacci levels are lying. During the week the stock manages to hit a low of 396 and close the week around the levels of 444.

Support for the stock lies in the zone of 425 to 430 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 410 to 415 where Fibonacci levels and short & medium term moving averages are lying.

Resistance for the stock lies around 455 to 460 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 470 to 475.

Broad range for the stock in the coming week can be seen between 415 to 425 on downside & 460 to 470 on upside.

Hindustan Unilever Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Dec 17, 2018 – Dec 21, 2018) : 

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever 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 1850 to 1870 where the stock has formed a short term top. If the stock manages to close above these levels then the stock can move to the levels of 1900 to 1920. During the week the stock manages to hit a high of 1867 and close the week around the levels of 1861.

Minor support for the stock lies around 1830 to 1840. Support for the stock lies in the zone of 1800 to 1810 from where the stock broke out from high of August-2018. If the stock manages to close below these levels then the stock can drift to the levels of 1730 to 1750 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 1850 to 1870 where the stock has formed a short term top. If the stock manages to close above these levels then the stock can move to the levels of 1900 to 1920.

Broad range for the stock in coming week is seen between 1800 to 1820 on downside & 1880 to 1900 on upside.

ITC Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for ITC for the week  (Dec 17, 2018 – Dec 21, 2018) : 

ITC:

 

 

ITC

 

ITC closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 280 to 283 where Fibonacci levels and 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 290 to 295 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a high of 279 and close the week around the levels of 276.

Support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where low for the month of June-2018, July-2018 and October-2018 is lying.

Resistance for the stock lies in the zone of 280 to 283 where Fibonacci levels and short; medium and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 290 to 295 where Fibonacci levels are lying.

Broad range for the stock in coming week is seen between 265 to 268 on downside & 287 to 290 on upside.

Cipla Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Cipla for the week  (Dec 17, 2018 – Dec 21, 2018) : 

CIPLA:

 

CIPLA

 

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

As we have mentioned last week, that support for the stock lies in the zone of 510 to 515 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close below these levels then the stock can move to the levels of around 500 to 505 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 503 and close the week around the levels of 522.

Support for the stock lies in the zone of 510 to 515 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close below these levels then the stock can move to the levels of around 500 to 505 where low for the month of May-2018 is lying.

Minor resistance for the stock lies around 525 to 530. Resistance for the stock lies in the zone of 550 to 560 where Fibonacci levels and gap are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 where Fibonacci levels are lying.

Broad range for the stock is seen in the range of 480 – 490 on downside & 540 – 550 on upside.

Dr. Reddy Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 17, 2018 – Dec 21, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 3.70%.

As we have mentioned last week, that support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a low of 2534 and close the week around the levels of 2592.

Support for the stock lies in the zone of 2480 to 2520 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 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2800 – 2850 on upside.

Lupin Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Lupin for the week  (Dec 17, 2018 – Dec 21, 2018) : 

LUPIN:

 

LUPIN

 

Lupin closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that minor resistance for the stock lies around 850 to 860. Resistance for the stock lies in the zone of 880 to 890 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 920 to 930 where Fibonacci levels are lying. During the week the stock manages to hit a high of 857 and close the week around the levels of 844.

Support for the stock lies in the zone of 820 to 830 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 780 to 790 where low for the month of July-2018 and August-2018 is lying.

Minor resistance for the stock lies around 850 to 860. Resistance for the stock lies in the zone of 880 to 890 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 920 to 930 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 800 – 810 on lower side & 880 – 890 on upper side.

Sun Pharma Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Sun Pharma for the week  (Dec 17, 2018 – Dec 21, 2018) : 

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that resistance for the stock lies in the zone of 435 to 440 from where the stock has broken down from double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 460 to 465 where Fibonacci levels are lying. During the week the stock manages to hit a high of 434 and close the week around the levels of 421.

The stock has seen a major break down and no support is visible. Support for the stock lies in the zone of 395 to 400. If the stock manages to close below these levels then the stock can drift to the levels of 360 to 365.

Resistance for the stock lies in the zone of 435 to 440 from where the stock has broken down from double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 460 to 465 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 380 – 390 on lower side & 440 – 450 on upper side.

Wipro Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Wipro for the week  (Dec 17, 2018 – Dec 21, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies around 320 to 325. Support for the stock lies in the zone of 310 to 315 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 300 to 305 where Fibonacci levels are lying. During the week the stock manages to hit a low of 325 and close the week around the levels of 333.

Minor support for the stock lies around 320 to 325. Support for the stock lies in the zone of 310 to 315 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 300 to 305 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 335 to 340 where high for the month of January-2018, September-2018 and November-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 350 to 355.

Broad range for the stock in the coming week is seen between 300 to 305 on downside & 355 to 360 on upside.

HCL Tech Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for HCL Tech for the week (Dec 17, 2018 – Dec 21, 2018) : 

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 980 to 990 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1015 to 1025 where short term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a high of 982 and close the week around the levels of 961.

Support for the stock lies in the zone of 940 to 950 where the stock has taken support in the month of July-2018 and October-2018. If the stock manages to close below these levels then the stock can drift to the levels of 900 to 910 where Fibonacci levels and low for the month of July-2018 is lying.

Resistance for the stock lies in the zone of 980 to 990 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1015 to 1025 where short term moving averages and Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 900 to 920 on downside & 1010 to 1030 on upside.

TCS Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for TCS for the week  (Dec 17, 2018 – Dec 21, 2018) : 

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 1950 to 1970 where Fibonacci levels and break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1920 where long term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 1960 and close the week around the levels of 1990.

Support for the stock lies in the zone of 1950 to 1970 where Fibonacci levels and break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1920 where long term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2020 to 2040 where Fibonacci level and gap is lying. If the stock manages to close above these levels then the stock can move to the levels of 2070 to 2090 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 1920 to 1940 on downside & 2050 to 2070 on upside.

Infosys Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquiyPandit’s Outlook for Infosys for the week  (Dec 17, 2018 – Dec 21, 2018) : 

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that support for the stock lies in the zone of 660 to 670 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels the stock can drift to the levels of 630 to 640 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 661 and close the week around the levels of 706.

Support for the stock lies in the zone of 690 to 700 where Fibonacci levels are lying. If the stock manages to close below these levels the stock can drift to the levels of 660 to 670 where Fibonacci levels and short term moving averages are lying.

Resistance for the stock lies around 710 to 720 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 730 to 735.

Broad range for the stock in the coming week is seen between 660 to 670 on downside & 730 to 740 on upside.

SBI Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for SBI for the week  (Dec 17, 2018 – Dec 21, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 5.10%.

As we have mentioned last week, that support for the stock lies in the zone of 270 to 275 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying. During the week the stock manages to hit a low of 268 and close the week around the levels of 289.

Minor support for the stock lies in the zone of 280 to 283. Support for the stock lies in the zone of 270 to 275 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels and high for the month of November-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 270 to 275 on lower side & 302 to 310 on upper side.

Axis Bank Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Axis Bank for the week  (Dec 17, 2018 – Dec 21, 2018) : 

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that support for the stock lies in the zone of 590 to 600 where Fibonacci levels and short & medium term moving are lying. If the stock manages to close below these levels then the stock can drift to the levels of 570 to 580 where Fibonacci levels are lying. During the week the stock manages to hit a low of 580 and close the week around the levels of 620.

Support for the stock lies in the zone of 590 to 600 where Fibonacci levels and short & medium term moving are lying. If the stock manages to close below these levels then the stock can drift to the levels of 570 to 580 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the stock lies in the zone of 615 to 620. Resistance for the stock lies in the zone of 635 to 645 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has broken down.

Broad range for the stock in the coming week can be 580– 590 on lower side & 640 – 650 on upper side.

ICICI Bank Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for ICICI Bank for the week  (Dec 17, 2018 – Dec 21, 2018) : 

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 343 to 347 from where the stock broke out of double top formed in the month of August-2018. If the stock manages to close below these levels then the stock can drift to the levels of 330 to 335 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a low of 336 and close the week around the levels of 352.

Support for the stock lies in the zone of 343 to 347 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 330 to 335 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 356 to 360. Resistance for the stock lies in the zone of 365 to 370 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 375 to 380.

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

HDFC Bank Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for HDFC Bank for the week   (Dec 17, 2018 – Dec 21, 2018) : 

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on negative note losing around 0.60%.

As we have mentioned last week, that support for the stock lies in the zone of 2080 to 2100 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 2040 to 2060 where Fibonacci levels and medium term moving averages are lying. During the week the stock manages to hit a low of 2032 and close the week around the levels of 2096.

Support for the stock lies in the zone of 2080 to 2090 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 2040 to 2060 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2140 to 2160 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 where high for the month of July-2018 is lying.

Broad range for the stock in the coming week can be 2030 to 2050 on lower side & 2150 to 2170 on upper side.

Nifty Media Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Dec 17, 2018 – Dec 21, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

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

As we have mentioned last week, that minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250. During the week the index manages to hit a low of 2430 and close the week around the levels of 2563.

Minor support for the index lies in the zone of 2500 to 2530. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels 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 2700 to 2730 where Fibonacci levels are lying.

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

Nifty Realty Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Dec 17, 2018 – Dec 21, 2018) : 

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that support for the index lies in the zone of 215 to 220 from where the index broke out of October-2018 high, Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can witness a freefall and can drift to the levels of 195 to 200 where low for the month of October-2018 is lying. During the week the index manages to hit a low of 220 and close the week around the levels of 237.

Minor support for the index lies in the zone of 230 to 232. Support for the index lies in the zone of 215 to 220 from where the index broke out of October-2018 high and Fibonacci levels are lying. If the index manages to close below these levels then the index can witness a freefall and can drift to the levels of 195 to 200 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 238 to 240 where Fibonacci levels 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 245 to 250 where Fibonacci levels are lying.

Broad range for the index is seen between 215 to 220 on downside & 245 to 250 on upside.

Nifty PSU Bank Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on positive note gaining around 5.50%.

As we have mentioned last week, that support for the index lies in the zone of 2800 to 2830 where long term Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2550 to 2600 where low for the month of October-2018 is lying. During the week the index manages to hit a low of 2747 and close the week around the levels of 2980.

Support for the index lies in the zone of 2800 to 2830 where long term Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2550 to 2600 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 3050 to 3100 where Fibonacci levels and high for the month of November-2018 are lying. If the index manages to close above these levels then the index can move to the levels of 3200 to 3250 where Fibonacci levels are lying.

Broad range for the index is seen between 2750 to 2800 on downside & 3150 to 3200 on upside.

Nifty Metal Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY METAL for the week (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that support for the index lies in the zone of 3050 to 3100 where the index has taken support in the month of July-2018 and November-2018. If the index manages to close below these levels then the index can witness a freefall and the index can drift to the levels of 2850 to 2900. During the week the index manages to hit a low of 2985 and close the week around the levels of 3112.

Support for the index lies in the zone of 3050 to 3100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can witness a freefall and the index can drift to the levels of 2850 to 2900.

Minor resistance for the index lies in the zone of 3200 to 3250. Resistance for the index lies in the zone of 3350 to 3400 where Fibonacci levels and medium term moving averages are lying. If the index manages close above these levels then the index can move to the levels of 3450 to 3500 where Fibonacci levels and long term moving averages are lying.

Broad range for the index is seen between 2900 to 2950 on downside & 3250 to 3300 on upside.

Nifty Energy Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that minor support for the index lies around 13900 to 14000. Support for the index lies in the zone of 13500 to 13600 where low for the month of November-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 13000 to 13200 where the index has formed a low in the month of October-2018 and Fibonacci levels are lying. During the week the index manages to hit a low of 13322 and close the week around the levels of 14072.

Minor support for the index lies around 13900 to 14000. Support for the index lies in the zone of 13500 to 13600 where low for the month of November-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 13000 to 13200 where the index has formed a low in the month of October-2018 and Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 14100 to 14200. Resistance for the index lies in the zone of 14400 to 14500 where Fibonacci levels and high for the month of November-2018 is lying. If the index manages to close above these levels then the index can move to the levels of 15000 to 15100 where Fibonacci levels and low for the month of September-2018 is lying.

Broad range for the index is seen between 13500 to 13600 on downside & 14400 to 14500 on upside.

Nifty Auto Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO 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 8900 to 9000 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 9350 to 9450 where Fibonacci levels and high for the month of November-2018 are lying. During the week the index manages to hit a high of 9314 and close the week around the levels of 9271.

Minor support for the index lies in the zone of 8900 to 9000. Support for the index lies in the zone of 8500 to 8600 where low for the month of October-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8200 where long term Fibonacci levels are lying.

Resistance for the index lies in the zone of 9350 to 9450 where Fibonacci levels and high for the month of November-2018 are lying. If the index manages to close below these levels then the index can move to the levels of 9600 to 9700 where Fibonacci levels are lying.

Broad range for the index is seen from 8700 to 8800 on downside & 9500 to 9600 on upside.

Nifty Pharma Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY PHARMA:

 

NIFTYPHARM

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 8900 to 9000 from where the index has broken down from October-2018 and November-2018 lows. If the index manages to close above these levels then the index can move to the levels of 9200 to 9300 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a high of 8870 and close the week around the levels of 8726.

Support for the index lies in the zone of 8600 to 8700 from where the index broke out in the month of June-2018. If the index manages to close below these levels then the index can drift to the levels of 8200 to 8300.

Resistance for the index lies in the zone of 8900 to 9000 from where the index has broken down from October-2018 and November-2018 lows. If the index manages to close above these levels then the index can move to the levels of 9200 to 9300 where Fibonacci levels and long term moving averages are lying.

Broad range for the index is seen from 8300 to 8400 on downside & 8900 to 9000 on upside.

Nifty FMCG Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying. During the week the index manages to hit a low of 28960 and close the week around the levels of 30371.

Minor support for the index lies in the zone of 30000 to 30100. Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying

Resistance for the index lies around 30700 to 30900 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29300 to 29700 on downside & 30700 to 30900 on upside.

Nifty IT Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY IT for the week  (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor support for the index lies in the zone of 14200 to 14300. Support for the index lies in the zone of 13700 to 13900 where Fibonacci levels and low for the month of October-2018 & November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 13200 to 13300 where the index has taken support in the month of May-2018 and June-2018. During the week the index manages to hit a low of 14307 and close the week around the levels of 14851.

Minor support for the index lies in the zone of 14500 to 14600. Support for the index lies in the zone of 14200 to 14300 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 13700 to 13900 where Fibonacci levels and low for the month of October-2018 & November-2018 are lying.

Resistance for the index lies in the zone of 14900 to 15000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 15400 to 15600 from where the index has broken down from September-2018 low.

Range for the week is seen from 14200 to 14400 on downside & 15200 to 15400 on upside.

Nifty Bank Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Nifty Bank for the week  (Dec 17, 2018 – Dec 21, 2018):

NIFTY BANK:

 

BANKNIFTY

 

Nifty Bank closed the week on positive note gaining around 0.90%.

As we have mentioned, last week that resistance for the index lies in the zone of 26800 to 27000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27300 to 27500 from where the index has broken down in the month of August-2018 and Fibonacci levels are lying. During the week the index manages to hit a high of 26951 and close the week around the levels of 26826.

Support for the index lies in the zone 26300 to 26500 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 25800 to 26000 from where the index broke out of October-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 26800 to 27000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27300 to 27500 from where the index has broken down in the month of August-2018 and Fibonacci levels are lying.

Range for the week is seen from 26000 to 26200 on downside & 27200 to 27400 on upside.

Nifty Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Nifty for the week  (Dec 17, 2018 – Dec 21, 2018):

NIFTY:

 

NIFTY

 

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

As we have mentioned last week that resistance for the index lies around 10850 to 10950 from where the index has broken down from the September-2018 lows, Fibonacci levels 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 11000 to 11100 where Fibonacci levels are lying. During the week the index manages to hit a high of 10839 and close the week around the levels of 10805.

Support for the index lies in the zone of 10600 to 10700 where Fibonacci levels and short & long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where low for the month of November – 2018 and Fibonacci levels are lying.

Resistance for the index lies around 10850 to 10950 from where the index has broken down from the September-2018 lows, Fibonacci levels 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 11000 to 11100 where Fibonacci levels are lying.

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

MCX Tips for – December 14, 2018

Gold (31527): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  31443  levels.

Silver (38356):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37730  levels.

Crude (3723): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3592  levels.

Natural Gas (297.50): NG is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 318.20 levels.

Copper (441.30): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 434.70.

Zinc (186.55): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 185.50  levels.

Lead (139.65): Lead has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 143.70 levels.

Nickel (775.40):  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 793.10 levels.

Aluminium (137.65): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.50 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 – December 11, 2018

Gold (32028): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  31400  levels.

Silver (38369):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  37402  levels.

Crude (3766): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3567  levels.

Natural Gas (333.80): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 308.80 levels.

Copper (440.55): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 441.00.

Zinc (189.70): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 184.30  levels.

Lead (141.65): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 139.75 levels.

Nickel (782.40):  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 793.10 levels.

Aluminium (140.60): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.90 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 – December 10, 2018

Gold (31560): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  31132  levels.

Silver (37951):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  36939  levels.

Crude (3849): Crude has entered into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3541  levels.

Natural Gas (322.60): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 300.10 levels.

Copper (438.35): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 441.00.

Zinc (187.90): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 184.30  levels.

Lead (142.15): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 138.20 levels.

Nickel (780.70):  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 793.10 levels.

Aluminium (140.00): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.90 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

Natural Gas Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 10, 2018 – Dec 14, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS 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 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 300 and close the week around the levels of 324.

Support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360 where high for the month of November-2018 is lying.

Broad range for the commodity in the coming week can be seen between 285 – 290 on downside & 345 – 350 on upside.

Crude Oil Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 10, 2018 – Dec 14, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 7.70%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 3650 to 3700. Resistance for the commodity lies in the zone of 3800 to 3850 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3900 to 3950. During the week the commodity manages to hit a high of 3867 and close the week around the levels of 3849.

Minor support for the commodity lies in the zone of 3650 to 3700. Support for the commodity lies in the zone of 3500 to 3550 where Fibonacci levels and trend-line support are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3350 to 3400 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3800 to 3850 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4150 to 4200 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 3600 – 3650 on downside & 4100 – 4150 on upside.

Aluminium Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Aluminium for the week  (Dec 10, 2018 – Dec 14, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

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

As we have mentioned last week, that resistance for the commodity lies in the zone of 138 to 140 where low for the month of July-2018 and August-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 144 to 146 where long term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a high of 141 and close the week around the levels of 140.

Support for the commodity lies in the zone of around 134 to 136 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 128 to 130 where the commodity has taken support in the month of April-2018.

Resistance for the commodity lies in the zone of 142 to 144 where Fibonacci levels and medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 146 to 148 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 133 – 135 on downside and 145 – 147 on upside.

Nickel Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Nickel for the week  (Dec 10, 2018 – Dec 14, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 760 to 770 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where the commodity has taken multiple support in the month of December-2017. During the week the commodity manages to hit a low of 762 and close the week around the levels of 781.

Support for the commodity lies in the zone of 760 to 770 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where the commodity has taken multiple support in the month of December-2017.

Resistance for the commodity lies in the zone of 800 to 810 from where the commodity broke down from consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 830 to 840 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 740 – 750 on downside & 810 – 830 on upside.

Lead Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Lead for the week  (Dec 10, 2018 – Dec 14, 2018) :

LEAD:

 

LEAD 1

 

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

As we have mentioned last week, that resistance for the commodity lies in the zone of 140 to 143 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 146 to 148 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a high of 143 and close the week around the levels of 142.

Support for the commodity lies in the zone of 136 to 139 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 133 where long term Fibonacci levels and low for the month of May-2017, June-2017 and November-2018 is lying.

Resistance for the commodity lies in the zone of 143 to 145 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 135 – 138 on downside & 147 – 150 on upside.

Zinc Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Zinc for the week  (Dec 10, 2018 – Dec 14, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 4.50%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 181 to 183. Resistance for the commodity lies in the zone of 185 to 188 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 192 to 195 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a high of 191 and close the week around the levels of 188.

Minor support for the commodity lies in the zone of 184 to 186. Support for the commodity lies in the zone of 180 to 182 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 172 to 175 where the commodity has formed a low in the month of November-2018.

Resistance for the commodity lies in the zone of 190 to 192 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 196 to 198 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 178 – 180 on downside & 195 – 197 on upside.

Copper Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Copper for the week   (Dec 10, 2018 – Dec 14, 2018) :

COPPER:

 

COPPER 1

 

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

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 435 to 438. Resistance for the commodity lies in the zone of 445 to 450 where short; medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 448 and close the week around the levels of 438.

Support for the commodity lies in the zone of 425 to 430 from where the commodity broke out of August-2018 high and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 410 to 415 where Fibonacci levels and low for the month of August-2018 are lying.

Resistance for the commodity lies in the zone of 445 to 450 where short; medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 420 – 425 on downside & 455 – 460 on upside.

Silver Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Silver for the week  (Dec 10, 2018 – Dec 14, 2018) :

SILVER:

 

 

SILVER 1

 

SILVER closed the week on positive note gaining around 5.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 35400 to 35600 from where the commodity broke down from July-2017 lows. If the commodity manages to close above these levels then the commodity can move to the levels of 36000 to 36200 from where the commodity broke down from September-2018 lows. During the week the commodity manages to hit a high of 38000 and close the week around the levels of 37972.

Support for the commodity lies in the zone of 37300 to 37500 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 36700 to 36900 where Fibonacci levels and break out levels are lying.

Resistance for the commodity lies in the zone of 38000 to 38200 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38500 to 38700 where Fibonacci levels and medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 36700 – 36900 on downside & 38700 – 39000 on upside.

Gold Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Gold for the week  (Dec 10, 2018 – Dec 14, 2018) :

GOLD:

 

GOLD 1

 

GOLD 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 30500 to 30600 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30900 to 31000 where Fibonacci levels and short & medium term moving averages are lying. During the week the commodity manages to hit a high of 32021 and close the week around the levels of 31595.

Minor support for the commodity lies in the zone of 31300 to 31400. Support for the commodity lies in the zone of 31000 to 31100 where Fibonacci levels and 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 30600 to 30700 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 31700 to 31800. Resistance for the commodity lies in the zone of 32000 to 32100 from where the commodity has broken down after consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 32400 to 32500 where commodity has formed a high in the month of October-2018.

Broad range for the commodity in the coming week can be seen between 30600 – 30800 on downside & 32500 – 32700 on upside.

Colgate Palmolive Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Colgate Palmolive for the week (Dec 10, 2018 – Dec 14, 2018) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that support for the stock lies in the zone of 1170 to 1190 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1120 to 1140 where long & medium term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a low of 1190 and close the week around the levels of 1235.

Minor support for the stock lies in the zone of 1210 to 1220. Support for the stock lies in the zone of 1170 to 1190 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1120 to 1140 where long & medium term moving averages and Fibonacci levels are lying.

Resistance for the stock lies around 1260 to 1280 where high for the month of May-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 1330 to 1350.

Broad range for the stock is seen between 1140 to 1160 on downside & 1280 to 1300 on upside.

Dabur Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for DABUR for the week  (Dec 10, 2018 – Dec 14, 2018) :

DABUR:

 

DABUR

 

Dabur closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that support for the stock lies in the zone of 395 to 400 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 380 to 385 where break out levels and long term moving averages are lying. During the week the commodity manages to hit a low of 395 and close the week around the levels of 411.

Support for the stock lies in the zone of 395 to 400 where Fibonacci levels and short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 380 to 385 where break out levels and Fibonacci levels are lying.

Resistance for the stock lies around 415 to 420 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 425 to 430 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be seen between 385 to 390 on downside & 430 to 435 on upside.

Hindustan Unilever Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Dec 10, 2018 – Dec 14, 2018) : 

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on positive note gaining around 4.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1790 to 1810 from where the stock has broken down in the month of September-2018. If the stock manages to close above these levels then the stock can move to the levels of 1850 to 1870. During the week the commodity manages to hit a high of 1855 and close the week around the levels of 1824.

Minor support for the stock lies around 1800 to 1810. Support for the stock lies in the zone of 1730 to 1750 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1680 to 1700 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 1850 to 1870 where the stock has formed a short term top. If the stock manages to close above these levels then the stock can move to the levels of 1900 to 1920.

Broad range for the stock in coming week is seen between 1750 to 1780 on downside & 1860 to 1880 on upside.

ITC Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for ITC for the week  (Dec 10, 2018 – Dec 14, 2018) : 

ITC:

 

ITC

 

ITC closed the week on negative note losing around 4.10%.

As we have mentioned last week, that minor support for the stock lies around 280 to 283. Support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where low for the month of June-2018, July-2018 and October-2018 is lying. During the week the stock manages to hit a low of 271 and close the week around the levels of 274.

Support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where low for the month of June-2018, July-2018 and October-2018 is lying.

Resistance for the stock lies in the zone of 280 to 283 where Fibonacci levels and 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 290 to 295 where Fibonacci levels and medium term moving averages are lying.

Broad range for the stock in coming week is seen between 265 to 268 on downside & 280 to 283 on upside.

Cipla Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Cipla for the week  (Dec 10, 2018 – Dec 14, 2018) : 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 5.00%.

As we have mentioned last week, that minor support for the stock lies around 530 to 535. Support for the stock lies in the zone of 515 to 520 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close below these levels then the stock can move to the levels of around 500 to 505 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 511 and close the week around the levels of 514.

Support for the stock lies in the zone of 510 to 515 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close below these levels then the stock can move to the levels of around 500 to 505 where low for the month of May-2018 is lying.

Minor resistance for the stock lies around 525 to 530. Resistance for the stock lies in the zone of 550 to 560 where Fibonacci levels and gap are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 where Fibonacci levels are lying.

Broad range for the stock is seen in the range of 480 – 490 on downside & 540 – 550 on upside.

Dr. Reddy Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 10, 2018 – Dec 14, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy 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 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a low of 2621 and close the week around the levels of 2692.

Support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying.

Resistance for the stock lies in the zone of 2800 to 2850 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 2950 to 3000.

Broad range for the stock is seen from 2500 – 2550 on downside & 2850 – 2900 on upside.

Lupin Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Lupin for the week  (Dec 10, 2018 – Dec 14, 2018) : 

LUPIN:

 

LUPIN

 

Lupin closed the week on negative note losing around 5.20%.

As we have mentioned last week, that minor support for the stock lies around 850 to 860. Support for the stock lies in the zone of 820 to 830 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 790 to 800 where low for the month of July-2018 and August-2018 is lying. During the week the stock manages to hit a low of 832 and close the week around the levels of 841.

Support for the stock lies in the zone of 820 to 830 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 790 to 800 where low for the month of July-2018 and August-2018 is lying.

Minor resistance for the stock lies around 850 to 860. Resistance for the stock lies in the zone of 880 to 890 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 920 to 930 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 800 – 810 on lower side & 880 – 890 on upper side.

Sun Pharma Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Sun Pharma for the week  (Dec 10, 2018 – Dec 14, 2018) : 

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on negative note losing around 16.70%.

As we have mentioned last week, that support for the stock lies in the zone of 460 to 470 where long term Fibonacci levels and low for the month of June-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 401 and close the week around the levels of 411.

The stock has seen a major break down and no support is visible. Support for the stock lies in the zone of 395 to 400. If the stock manages to close below these levels then the stock can drift to the levels of 360 to 365.

Resistance for the stock lies in the zone of 435 to 440 from where the stock has broken down from double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 460 to 465 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be 380 – 390 on lower side & 430 – 440 on upper side.

Wipro Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Wipro for the week  (Dec 10, 2018 – Dec 14, 2018) : 

WIPRO:

 

WIPRO

 

Wipro 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 335 to 340 where high for the month of January-2018, September-2018 and November-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 350 to 355. During the week the stock manages to hit a high of 341 and close the week around the levels of 333.

Minor support for the stock lies around 320 to 325. Support for the stock lies in the zone of 310 to 315 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 300 to 305 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 335 to 340 where high for the month of January-2018, September-2018 and November-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 350 to 355.

Broad range for the stock in the coming week is seen between 300 to 305 on downside & 355 to 360 on upside.

HCL Tech Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for HCL Tech for the week (Dec 10, 2018 – Dec 14, 2018) : 

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on negative note losing around 5.20%.

As we have mentioned last week, that support for the stock lies in the zone of 970 to 980 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 940 to 950 where the stock has taken support in the month of July-2018 and October-2018. During the week the stock manages to hit a low of 934 and close the week around the levels of 962.

Support for the stock lies in the zone of 940 to 950 where the stock has taken support in the month of July-2018 and October-2018. If the stock manages to close below these levels then the stock can drift to the levels of 900 to 910 where Fibonacci levels and low for the month of July-2018 is lying.

Resistance for the stock lies in the zone of 980 to 990 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1015 to 1025 where short term moving averages and Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 900 to 920 on downside & 1010 to 1030 on upside.

TCS Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for TCS for the week  (Dec 10, 2018 – Dec 14, 2018) : 

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1960 to 1980 where Fibonacci levels and 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 2020 to 2040 where Fibonacci level and gap is lying. During the week the stock manages to hit a high of 2020 and close the week around the levels of 1995.

Support for the stock lies in the zone of 1950 to 1970 where Fibonacci levels and break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1920 where long term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2020 to 2040 where Fibonacci level and gap is lying. If the stock manages to close above these levels then the stock can move to the levels of 2070 to 2090 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 1920 to 1940 on downside & 2050 to 2070 on upside.

Infosys Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquiyPandit’s Outlook for Infosys for the week  (Dec 10, 2018 – Dec 14, 2018) : 

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that resistance for the stock lies around 670 to 680 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 690 to 700 from where the stock broke down from September-2018 low and Fibonacci levels are lying. During the week the stock manages to hit a high of 688 and close the week around the levels of 683.

Support for the stock lies in the zone of 660 to 670 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels the stock can drift to the levels of 630 to 640 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies around 690 to 700 from where the stock broke down from September-2018 low and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 710 to 720 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 650 to 660 on downside & 710 to 720 on upside.

SBI Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for SBI for the week  (Dec 10, 2018 – Dec 14, 2018) : 

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 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where long term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 272 and close the week around the levels of 275.

Support for the stock lies in the zone of 270 to 275 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 280 to 283. Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 260 to 265 on lower side & 285 to 290 on upper side.

Axis Bank Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Axis Bank for the week  (Dec 10, 2018 – Dec 14, 2018) : 

AXIS BANK:

 

AXISBANK

 

Axis Bank 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 600 to 610 where Fibonacci levels and short & medium term moving are lying. If the stock manages to close below these levels then the stock can drift to the levels of 580 to 590 where Fibonacci levels are lying. During the week the stock manages to hit a low of 592 and close the week around the levels of 604.

Support for the stock lies in the zone of 590 to 600 where Fibonacci levels and short & medium term moving are lying. If the stock manages to close below these levels then the stock can drift to the levels of 570 to 580 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 615 to 620. Resistance for the stock lies in the zone of 635 to 645 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has broken down.

Broad range for the stock in the coming week can be 570– 580 on lower side & 630 – 640 on upper side.

ICICI Bank Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for ICICI Bank for the week  (Dec 10, 2018 – Dec 14, 2018) : 

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on negative note losing around 0.90%.

As we have mentioned last week, that support for the stock lies in the zone of 343 to 347 from where the stock broke out of double top formed in the month of August-2018. If the stock manages to close below these levels then the stock can drift to the levels of 330 to 335 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a low of 343 and close the week around the levels of 352.

Support for the stock lies in the zone of 343 to 347 from where the stock broke out of double top formed in the month of August-2018. If the stock manages to close below these levels then the stock can drift to the levels of 330 to 335 where Fibonacci levels and short term moving averages are lying.

Minor resistance for the stock lies in the zone of 356 to 360. Resistance for the stock lies in the zone of 365 to 370 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 375 to 380.

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

HDFC Bank Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for HDFC Bank for the week   (Dec 10, 2018 – Dec 14, 2018) : 

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on negative note losing around 0.90%.

As we have mentioned last week, that support for the stock lies in the zone of 2080 to 2100 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 2040 to 2060 where Fibonacci levels and medium term moving averages are lying. During the week the stock manages to hit a low of 2076 and close the week around the levels of 2108.

Support for the stock lies in the zone of 2080 to 2100 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 2040 to 2060 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2140 to 2160 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 where high for the month of July-2018 is lying.

Broad range for the stock in the coming week can be 2030 to 2050 on lower side & 2150 to 2170 on upper side.

Nifty Media Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Dec 10, 2018 – Dec 14, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

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

As we have mentioned last week, that minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250. During the week the index manages to hit a low of 2450 and close the week around the levels of 2498.

Minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels 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 2700 to 2730 where Fibonacci levels are lying.

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

Nifty Realty Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Dec 10, 2018 – Dec 14, 2018) : 

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on negative note losing around 0.70%.

As we have mentioned last week, that resistance for the index lies in the zone of 235 to 240 where Fibonacci levels 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 245 to 250 where Fibonacci levels are lying. During the week the index manages to hit a high of 239 and close the week around the levels of 230.

Support for the index lies in the zone of 215 to 220 from where the index broke out of October-2018 high, Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can witness a freefall and can drift to the levels of 195 to 200 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 235 to 240 where Fibonacci levels 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 245 to 250 where Fibonacci levels are lying.

Broad range for the index is seen between 210 to 215 on downside & 245 to 250 on upside.

Nifty PSU Bank Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK 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 2900 to 2930. Support for the index lies in the zone of 2800 to 2850 where long term Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2550 to 2600 where low for the month of October-2018 is lying. During the week the index manages to hit a low of 2786 and close the week around the levels of 2825.

Support for the index lies in the zone of 2800 to 2830 where long term Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2550 to 2600 where low for the month of October-2018 is lying.

Minor support for the index lies in the zone of 2900 to 2930. Resistance for the index lies in the zone of 3000 to 3050 where Fibonacci levels and high for the month of November-2018 are lying. If the index manages to close above these levels then the index can move to the levels of 3100 to 3150 where long term Fibonacci levels are lying.

Broad range for the index is seen between 2650 to 2700 on downside & 3050 to 3100 on upside.

Nifty Metal Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY METAL for the week (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL 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 3050 to 3100 where the index has taken support in the month of July-2018 and November-2018. If the index manages to close below these levels then the index can witness a freefall and the index can drift to the levels of 2850 to 2900. During the week the index manages to hit a low of 3042 and close the week around the levels of 3071.

Support for the index lies in the zone of 3050 to 3100 where the index has taken support in the month of July-2018 and November-2018. If the index manages to close below these levels then the index can witness a freefall and the index can drift to the levels of 2850 to 2900.

Minor resistance for the index lies in the zone of 3200 to 3250. Resistance for the index lies in the zone of 3350 to 3400 where Fibonacci levels and short term moving averages are lying. If the index manages close above these levels then the index can move to the levels of 3450 to 3500 where Fibonacci levels and long term moving averages are lying.

Broad range for the index is seen between 2900 to 2950 on downside & 3250 to 3300 on upside.

Nifty Energy Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on negative note losing around 2.20%.

As we have mentioned last week, that minor support for the index lies around 13900 to 14000. Support for the index lies in the zone of 13500 to 13600 where low for the month of November-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 13000 to 13200 where the index has formed a low in the month of October-2018 and Fibonacci levels are lying. During the week the index manages to hit a low of 13800 and close the week around the levels of 14014.

Minor support for the index lies around 13900 to 14000. Support for the index lies in the zone of 13500 to 13600 where low for the month of November-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 13000 to 13200 where the index has formed a low in the month of October-2018 and Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 14100 to 14200. Resistance for the index lies in the zone of 14400 to 14500 where Fibonacci levels and high for the month of November-2018 is lying. If the index manages to close above these levels then the index can move to the levels of 15000 to 15100 where Fibonacci levels and low for the month of September-2018 is lying.

Broad range for the index is seen between 13500 to 13600 on downside & 14400 to 14500 on upside.

Nifty Auto Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 4.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 9350 to 9450 where Fibonacci levels and high for the month of November-2018 are lying. If the index manages to close below these levels then the index can move to the levels of 9700 to 9800 where high for the month of October-2018 and Fibonacci levels are lying. During the week the index manages to hit a high of 9312 and close the week around the levels of 8870.

Support for the index lies in the zone of 8500 to 8600 where low for the month of October-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8200 where long term Fibonacci levels are lying.

Resistance for the index lies in the zone of 8900 to 9000 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 9350 to 9450 where Fibonacci levels and high for the month of November-2018 are lying.

Broad range for the index is seen from 8400 to 8500 on downside & 9100 to 9200 on upside.

Nifty Pharma Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on negative note losing around 6.40%.

As we have mentioned last week, that support for the index lies in the zone of 9000 to 9100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8700 from where the index broke out in the month of June-2018. During the week the index manages to hit a low of 8642 and close the week around the levels of 8683.

Support for the index lies in the zone of 8600 to 8700 from where the index broke out in the month of June-2018. If the index manages to close below these levels then the index can drift to the levels of 8200 to 8300.

Resistance for the index lies in the zone of 8900 to 9000 from where the index has broken down from October-2018 and November-2018 lows. If the index manages to close above these levels then the index can move to the levels of 9200 to 9300 where Fibonacci levels and long term moving averages are lying.

Broad range for the index is seen from 8300 to 8400 on downside & 8900 to 9000 on upside.

Nifty FMCG Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying. During the week the index manages to hit a low of 29440 and close the week around the levels of 29673.

Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying

Resistance for the index lies around 30000 to 30200 where Fibonacci levels 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 30800 to 31000 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 28500 to 28700 on downside & 30500 to 30700 on upside.

Nifty IT Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY IT for the week  (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 14800 to 15000 where Fibonacci levels 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 15400 to 15600 from where the index has broken down from September-2018 low. During the week the index manages to hit a high of 15062 and close the week around the levels of 14663.

Minor support for the index lies in the zone of 14200 to 14300. Support for the index lies in the zone of 13700 to 13900 where Fibonacci levels and low for the month of October-2018 & November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 13200 to 13300 where the index has taken support in the month of May-2018 and June-2018.

Resistance for the index lies in the zone of 14800 to 15000 where Fibonacci levels 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 15400 to 15600 from where the index has broken down from September-2018 low.

Range for the week is seen from 13900 to 14000 on downside & 15000 to 15100 on upside.

Nifty Bank Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Nifty Bank for the week  (Dec 10, 2018 – Dec 14, 2018):

NIFTY BANK:

 

BANKNIFTY

 

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

As we have mentioned, last week that resistance for the index lies in the zone of 26800 to 27000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27300 to 27500 from where the index has broken down in the month of August-2018 and Fibonacci levels are lying. During the week the index manages to hit a high of 27037 and close the week around the levels of 26594.

Support for the index lies in the zone 26300 to 26500 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 25800 to 26000 from where the index broke out of October-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 26800 to 27000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27300 to 27500 from where the index has broken down in the month of August-2018 and Fibonacci levels are lying.

Range for the week is seen from 25800 to 26000 on downside & 27200 to 27400 on upside.

Nifty Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Nifty for the week  (Dec 10, 2018 – Dec 14, 2018):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 1.70%.

As we have mentioned last week that support for the index lies in the zone of 10500 to 10600 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9900 to 10000 where low for the month of March – 2018 & October – 2018 and Fibonacci levels are lying. During the week the index manages to hit a low of 10588 and close the week around the levels of 10694.

Support for the index lies in the zone of 10500 to 10600 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9900 to 10000 where low for the month of March – 2018 & October – 2018 and Fibonacci levels are lying.

Resistance for the index lies around 10850 to 10950 from where the index has broken down from the September-2018 lows, Fibonacci levels 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 11000 to 11100 where Fibonacci levels are lying.

Broad range for the week is seen from 10400 to 10500 on downside & 11000 to 11100 on upside.

MCX Tips for – December 07, 2018

Gold (31089): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  30874  levels.

Silver (37218):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  36762  levels.

Crude (3619): Crude has entered into negative zone and traders can go short at every rise or hold short positions until Crude closes above 3842  levels.

Natural Gas (308.20): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 300.10 levels.

Copper (431.65): Copper has entered into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 440.10.

Zinc (187.15): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 181.90  levels.

Lead (140.70): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 137.70 levels.

Nickel (767.60):  Nickel has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 794.00 levels.

Aluminium (137.65): 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 – December 06, 2018

Gold (31075): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  30715  levels.

Silver (37426):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  36762  levels.

Crude (3802): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3633  levels.

Natural Gas (314.20): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 300.10 levels.

Copper (437.20): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 433.30.

Zinc (188.70): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 181.80  levels.

Lead (140.85): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 137.70 levels.

Nickel (793.10):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 775.90 levels.

Aluminium (140.50): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 138.00 levels.

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

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

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 05, 2018

Gold (30952): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below  30581  levels.

Silver (36634):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below  35854  levels.

Crude (3769): Crude has entered into positive zone and traders can go long at every dip or hold long positions until Crude closes below 3633  levels.

Natural Gas (318.20): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 296.60 levels.

Copper (434.50): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 433.30.

Zinc (186.20): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 181.70  levels.

Lead (141.10): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 136.70 levels.

Nickel (786.00):  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 775.90 levels.

Aluminium (139.50): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 138.00 levels.

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

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

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 04, 2018

Gold (30748): Gold has entered into positive zone and traders can go long at every dip or hold long positions until Gold closes below  30330  levels.

Silver (36153):  Silver has entered into positive zone and traders can go long at every dip or hold long positions until Silver closes below  35324  levels.

Crude (3727): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 3728  levels.

Natural Gas (303.70): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 296.60 levels.

Copper (441.60): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 433.30.

Zinc (185.15): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 179.60  levels.

Lead (138.95): Lead has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 136.70 levels.

Nickel (789.80):  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 775.90 levels.

Aluminium (139.85): Aluminium has entered 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

Natural Gas Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 03, 2018 – Dec 07, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 282 and close the week around the levels of 315.

Support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360 where high for the month of November-2018 is lying.

Broad range for the commodity in the coming week can be seen between 285 – 290 on downside & 335 – 340 on upside.

Crude Oil Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 03, 2018 – Dec 07, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 1.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 3500 to 3550 where Fibonacci levels and trend-line support are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3350 to 3400 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 3464 and close the week around the levels of 3587.

Support for the commodity lies in the zone of 3500 to 3550 where Fibonacci levels and trend-line support are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3350 to 3400 where long term Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 3650 to 3700. Resistance for the commodity lies in the zone of 3800 to 3850 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3900 to 3950.

Broad range for the commodity in the coming week can be seen between 3400 – 3450 on downside & 3800 – 3850 on upside.

Aluminium Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Aluminium for the week  (Dec 03, 2018 – Dec 07, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the commodity lies in the zone of around 134 to 136 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 128 to 130 where the commodity has taken support in the month of April-2018. During the week the commodity manages to hit a low of 135 and close the week around the levels of 137.

Support for the commodity lies in the zone of around 134 to 136 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 128 to 130 where the commodity has taken support in the month of April-2018.

Resistance for the commodity lies in the zone of 138 to 140 where low for the month of July-2018 and August-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 144 to 146 where long term moving averages and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 128 – 130 on downside and 145 – 147 on upside.

Nickel Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Nickel for the week  (Dec 03, 2018 – Dec 07, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 780 to 790 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of around 800 to 810 from where the commodity broke down from consolidation and Fibonacci levels are lying. During the week the commodity manages to hit a high of 782 and close the week around the levels of 774.

Support for the commodity lies in the zone of 760 to 770 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where the commodity has taken multiple support in the month of December-2017.

Resistance for the commodity lies in the zone of 780 to 790 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of around 800 to 810 from where the commodity broke down from consolidation and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 720 – 740 on downside & 810 – 830 on upside.

Lead Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Lead for the week  (Dec 03, 2018 – Dec 07, 2018) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 0.60%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 140 to 141. Resistance for the commodity lies in the zone of 143 to 145 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a high of 139 and close the week around the levels of 137.

Support for the commodity lies in the zone of 130 to 133 where long term Fibonacci levels and low for the month of May-2017 & June-2017 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 125 to 127.

Resistance for the commodity lies in the zone of 140 to 143 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 146 to 148 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 127 – 130 on downside & 144 – 147 on upside.

Zinc Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Zinc for the week  (Dec 03, 2018 – Dec 07, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 0.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 180 to 183 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 173 to 175 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 173 and close the week around the levels of 180.

Minor support for the commodity lies in the zone of 173 to 175. Support for the commodity lies in the zone of 163 to 166 where Fibonacci levels and low for the month of August-2018 & September-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 155 to 158 where the commodity has taken support in the month of June-2017.

Minor resistance for the commodity lies in the zone of 181 to 183. Resistance for the commodity lies in the zone of 185 to 188 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 192 to 195 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 190 – 195 on upside.

Copper Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Copper for the week   (Dec 03, 2018 – Dec 07, 2018) :

COPPER:

 

COPPER 1

 

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

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 435 to 438. Resistance for the commodity lies in the zone of 445 to 450 from where the commodity broke down after consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 443 and close the week around the levels of 433.

Support for the commodity lies in the zone of 425 to 430 from where the commodity broke out of August-2018 high and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 410 to 415 where Fibonacci levels and low for the month of August-2018 are lying.

Minor resistance for the commodity lies in the zone of 435 to 438. Resistance for the commodity lies in the zone of 445 to 450 where short; medium & long term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 415 – 420 on downside & 445 – 450 on upside.

Silver Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Silver for the week  (Dec 03, 2018 – Dec 07, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 2.50%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 36500 to 36600. Resistance for the commodity lies in the zone of 37200 to 37400 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38200 from where the commodity broke down from October-2018 low and Fibonacci levels are lying. During the week the commodity manages to hit a high of 36444 and close the week around the levels of 35155.

The commodity has broken down from support zone on Monthly chart. Support for the commodity lies in the zone of 34800 to 35000. If the commodity manages to close below these levels then the commodity can drift to the levels of 32900 to 33100 where the commodity has taken multiple supports in the year 2014 and 2015.

Resistance for the commodity lies in the zone of 35400 to 35600 from where the commodity broke down from July-2017 lows. If the commodity manages to close above these levels then the commodity can move to the levels of 36000 to 36200 from where the commodity broke down from September-2018 lows.

Broad range for the commodity in the coming week can be seen between 34000 – 34200 on downside & 36000 – 36200 on upside.

Gold Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Gold for the week  (Dec 03, 2018 – Dec 07, 2018) :

GOLD:

 

GOLD 1

 

GOLD 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 30500 to 30600 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 30000 to 30100 where low for the month of September-2018 is lying. During the week the commodity manages to hit a low of 30107 and close the week around the levels of 30240.

Support for the commodity lies in the zone of 29900 to 30100 where low for the month of September-2018 and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 29100 to 29300 where low for the month of August-2018 and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 30500 to 30600 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30900 to 31000 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 29500 – 29700 on downside & 30700 – 30800 on upside.

Colgate Palmolive Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Colgate Palmolive for the week (Dec 03, 2018 – Dec 07, 2018) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on positive note gaining around 6.30%.

As we have mentioned last week, that resistance for the stock lies around 1160 to 1170 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 1190 to 1200 where high for the month of August-2018 and September-2018 is lying. During the week the stock manages to hit a high of 1264 and close the week around the levels of 1220.

Support for the stock lies in the zone of 1170 to 1190 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1120 to 1140 where long & medium term moving averages and Fibonacci levels are lying.

Resistance for the stock lies around 1260 to 1280 where high for the month of May-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 1330 to 1350.

Broad range for the stock is seen between 1140 to 1160 on downside & 1280 to 1300 on upside.

Dabur Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for DABUR for the week  (Dec 03, 2018 – Dec 07, 2018) :

DABUR:

 

DABUR

 

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

As we have mentioned last week, that resistance for the stock lies around 405 to 410 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 425 to 430 where Fibonacci levels are lying. During the week the stock manages to hit a high of 427 and close the week around the levels of 409.

Support for the stock lies in the zone of 395 to 400 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 380 to 385 where break out levels and long term moving averages are lying.

Resistance for the stock lies around 410 to 415 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 425 to 430 where Fibonacci levels are lying.

Broad range for the stock in the coming week can be seen between 380 to 385 on downside & 425 to 430 on upside.

Hindustan Unilever Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Dec 03, 2018 – Dec 07, 2018) : 

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on positive note gaining around 4.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1700 to 1720 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1740 to 1750. During the week the stock manages to hit a high of 1798 and close the week around the levels of 1754.

Minor support for the stock lies around 1720 to 1730. Support for the stock lies in the zone of 1680 to 1700 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1640 to 1660 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 1790 to 1810 from where the stock has broken down in the month of September-2018. If the stock manages to close above these levels then the stock can move to the levels of 1850 to 1870.

Broad range for the stock in coming week is seen between 1650 to 1680 on downside & 1830 to 1750 on upside.

ITC Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for ITC for the week  (Dec 03, 2018 – Dec 07, 2018) : 

ITC:

 

ITC

 

ITC closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor resistance for the stock lies around 283 to 285. Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 303 to 307 where Fibonacci levels are lying. During the week the stock manages to hit a high of 290 and close the week around the levels of 286.

Minor support for the stock lies around 280 to 283. Support for the stock lies in the zone of 273 to 275 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where low for the month of June-2018, July-2018 and October-2018 is lying.

Resistance for the stock lies in the zone of 290 to 295 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 303 to 307 where Fibonacci levels are lying.

Broad range for the stock in coming week is seen between 270 to 275 on downside & 300 to 305 on upside.

Cipla Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Cipla for the week  (Dec 03, 2018 – Dec 07, 2018) : 

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 4.40%.

As we have mentioned last week, that support for the stock lies in the zone of 515 to 520 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close below these levels then the stock can move to the levels of around 500 to 505 where low for the month of May-2018 is lying. During the week the stock manages to hit a low of 513 and close the week around the levels of 541.

Minor support for the stock lies around 530 to 535. Support for the stock lies in the zone of 515 to 520 where long term Fibonacci levels and trend-line support for the stock are lying. If the stock manages to close below these levels then the stock can move to the levels of around 500 to 505 where low for the month of May-2018 is lying.

Resistance for the stock lies in the zone of 555 to 560 where Fibonacci levels and gap are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 where Fibonacci levels are lying.

Broad range for the stock is seen in the range of 510 – 520 on downside & 560 – 570 on upside.

Dr. Reddy Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 03, 2018 – Dec 07, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 4.30%.

As we have mentioned last week, that support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2360 to 2390 where Fibonacci levels and medium term moving averages are lying. During the week the stock manages to hit a low of 2521 and close the week around the levels of 2722.

Support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying.

Resistance for the stock lies in the zone of 2800 to 2850 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 2950 to 3000.

Broad range for the stock is seen from 2500 – 2550 on downside & 2850 – 2900 on upside.

Lupin Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Lupin for the week  (Dec 03, 2018 – Dec 07, 2018) : 

LUPIN:

 

LUPIN

 

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

As we have mentioned last week, that support for the stock lies in the zone of 820 to 830 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 790 to 800 where low for the month of July-2018 and August-2018 is lying. During the week the stock manages to hit a low of 830 and close the week around the levels of 887.

Minor support for the stock lies around 850 to 860. Support for the stock lies in the zone of 820 to 830 where long term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 790 to 800 where low for the month of July-2018 and August-2018 is lying.

Resistance for the stock lies in the zone of 880 to 890 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 920 to 930 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 830 – 840 on lower side & 930 – 940 on upper side.

Sun Pharma Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Sun Pharma for the week  (Dec 03, 2018 – Dec 07, 2018) : 

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on negative note losing around 6.30%.

As we have mentioned last week, that support for the stock lies in the zone of 500 to 510 from where the stock broke out of May-2018 high. If the stock manages to close below these levels then the stock can drift to the levels of 460 to 470 where long term Fibonacci levels and low for the month of June-2018 is lying. During the week the stock manages to hit a low of 475 and close the week around the levels of 493.

Support for the stock lies in the zone of 460 to 470 where long term Fibonacci levels and low for the month of June-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 435 to 440 where low for the month of May-2018 is lying.

Minor resistance for the stock lies in the zone of 500 to 505. Resistance for the stock lies in the zone of 525 to 530 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 to 560 where Fibonacci levels and long term moving averages are lying.

Broad range for the stock in the coming week can be 450 – 460 on lower side & 530 – 540 on upper side.

Wipro Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Wipro for the week  (Dec 03, 2018 – Dec 07, 2018) : 

WIPRO:

 

WIPRO

 

Wipro closed the week on positive note gaining around 5.90%.

As we have mentioned last week, that support for the stock lies in the zone of 300 to 305 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 285 to 290 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 303 and close the week around the levels of 325.

Minor support for the stock lies around 310 to 315. Support for the stock lies in the zone of 300 to 305 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 285 to 290 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 335 to 340 where high for the month of January-2018, September-2018 and November-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 350 to 355.

Broad range for the stock in the coming week is seen between 300 to 305 on downside & 355 to 360 on upside.

HCL Tech Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for HCL Tech for the week (Dec 03, 2018 – Dec 07, 2018) : 

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on positive note gaining around 3.70%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 990 to 1000. Resistance for the stock lies in the zone of 1030 to 1040 where short term moving averages and Fibonacci levels 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 1043 and close the week around the levels of 1015.

Support for the stock lies in the zone of 970 to 980 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 940 to 950 where the stock has taken support in the month of July-2018 and October-2018.

Resistance for the stock lies in the zone of 1035 to 1045 where short term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 1060 to 1070 where Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 950 to 960 on downside & 1040 to 1050 on upside.

TCS Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for TCS for the week  (Dec 03, 2018 – Dec 07, 2018) : 

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on positive note gaining around 8.50%.

As we have mentioned last week, that minor resistance for the stock lies around 1850 to 1860. Resistance for the stock lies in the zone of 1880 to 1900 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 1960 to 1980 where Fibonacci levels and short & medium term moving averages are lying. During the week the stock manages to hit a high of 1997 and close the week around the levels of 1968.

Support for the stock lies in the zone of 1900 to 1920 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1820 to 1840 where long term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 1960 to 1980 where Fibonacci levels and 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 2020 to 2040 where Fibonacci level and gap is lying.

Broad range for the stock in the coming week is seen between 1840 to 1860 on downside & 2040 to 2060 on upside.

Infosys Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquiyPandit’s Outlook for Infosys for the week  (Dec 03, 2018 – Dec 07, 2018) : 

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 7.40%.

As we have mentioned last week, that support for the stock lies in the zone of 600 to 610 from where the stock broke out of January-2018 and April-2018 high. If the stock manages to close below these levels the stock can drift to the levels of 580 to 590 where Fibonacci levels are lying. During the week the stock manages to hit a low of 600 and close the week around the levels of 667.

Support for the stock lies in the zone of 630 to 640 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels the stock can drift to the levels of 600 to 610 from where the stock broke out of January-2018 and April-2018 high.

Resistance for the stock lies around 670 to 680 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 690 to 700 from where the stock broke down from September-2018 low and Fibonacci levels are lying.

Broad range for the stock in the coming week is seen between 620 to 630 on downside & 690 to 700 on upside.

SBI Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for SBI for the week  (Dec 03, 2018 – Dec 07, 2018) : 

STATE BANK OF INDIA:

 

SBIN

 

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

As we have mentioned last week, that support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 260 to 265 where long term moving averages and break out levels are lying. During the week the stock manages to hit a low of 280 and close the week around the levels of 285.

Support for the stock lies in the zone of 275 to 280 from where the stock broke out of October-2018 high and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 265 to 270 where long term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 295 to 300 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 310 to 315 where high for the month of September-2018 is lying.

Broad range for the stock in the coming week can be 265 to 270 on lower side & 300 to 305 on upper side.

Axis Bank Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Axis Bank for the week  (Dec 03, 2018 – Dec 07, 2018) : 

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 625 to 630 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 655 from where the stock has broken down. During the week the stock manages to hit a high of 639 and close the week around the levels of 626.

Support for the stock lies in the zone of 600 to 610 where Fibonacci levels and short & medium term moving are lying. If the stock manages to close below these levels then the stock can drift to the levels of 580 to 590 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 635 to 645 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has broken down.

Broad range for the stock in the coming week can be 580– 590 on lower side & 640 – 650 on upper side.

ICICI Bank Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for ICICI Bank for the week  (Dec 03, 2018 – Dec 07, 2018) : 

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 356 to 360. Resistance for the stock lies in the zone of 365 to 370 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 375 to 380. During the week the stock manages to hit a high of 366 and close the week around the levels of 355.

Support for the stock lies in the zone of 343 to 347 from where the stock broke out of double top formed in the month of August-2018. If the stock manages to close below these levels then the stock can drift to the levels of 330 to 335 where Fibonacci levels and short term moving averages are lying.

Minor resistance for the stock lies in the zone of 356 to 360. Resistance for the stock lies in the zone of 365 to 370 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 375 to 380.

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

HDFC Bank Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for HDFC Bank for the week   (Dec 03, 2018 – Dec 07, 2018) : 

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on positive note gaining around 6.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2010 to 2030 where Fibonacci levels and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2050 to 2070 where high for the month of October-2018 and Fibonacci levels are lying. During the week the stock manages to hit a high of 2137 and close the week around the levels of 2128.

Support for the stock lies in the zone of 2080 to 2100 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 2040 to 2060 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2140 to 2160 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 where high for the month of July-2018 is lying.

Broad range for the stock in the coming week can be 2030 to 2050 on lower side & 2220 to 2250 on upper side.

Nifty Media Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Dec 03, 2018 – Dec 07, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

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

As we have mentioned last week, that minor resistance for the index lies in the zone of 2500 to 2525. Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 2583 and close the week around the levels of 2550.

Minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels 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 2700 to 2730 where Fibonacci levels are lying.

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

Nifty Realty Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Dec 03, 2018 – Dec 07, 2018) : 

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY 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 227 to 230 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 237 to 240 where Fibonacci levels are lying. During the week the index manages to hit a high of 233 and close the week around the levels of 232.

Support for the index lies in the zone of 215 to 220 from where the index broke out of October-2018 high, Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can witness a freefall and can drift to the levels of 195 to 200 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 235 to 240 where Fibonacci levels 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 245 to 250 where Fibonacci levels are lying.

Broad range for the index is seen between 210 to 215 on downside & 245 to 250 on upside.

Nifty PSU Bank Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Dec 03, 2018 – Dec 07, 2018) :  

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the index lies in the zone of 3000 to 3050 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3100 to 3150 where long term Fibonacci levels are lying. During the week the index manages to hit a high of 3000 and close the week around the levels of 2915.

Minor support for the index lies in the zone of 2900 to 2930. Support for the index lies in the zone of 2800 to 2850 where long term Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2550 to 2600 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 3000 to 3050 where Fibonacci levels and high for the month of November-2018 are lying. If the index manages to close above these levels then the index can move to the levels of 3100 to 3150 where long term Fibonacci levels are lying.

Broad range for the index is seen between 2750 to 2800 on downside & 3100 to 3150 on upside.

Nifty Metal Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY METAL for the week (Dec 03, 2018 – Dec 07, 2018) :  

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on negative note losing around 1.60%.

As we have mentioned last week, that support for the index lies in the zone of 3150 to 3200 where long term Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where the index has taken support in the month of July-2018. During the week the index manages to hit a low of 3092 and close the week around the levels of 3164.

Support for the index lies in the zone of 3050 to 3100 where the index has taken support in the month of July-2018 and November-2018. If the index manages to close below these levels then the index can witness a freefall and the index can drift to the levels of 2850 to 2900.

Minor resistance for the index lies in the zone of 3200 to 3250. Resistance for the index lies in the zone of 3350 to 3400 where Fibonacci levels and short term moving averages are lying. If the index manages close above these levels then the index can move to the levels of 3450 to 3500 where Fibonacci levels and long term moving averages are lying.

Broad range for the index is seen between 3000 to 3050 on downside & 3400 to 3450 on upside.

Nifty Energy Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Dec 03, 2018 – Dec 07, 2018) :  

NIFTY ENERGY:

 

NIFTYENERG

 

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

As we have mentioned last week, that minor support for the index lies around 13800 to 13900. Support for the index lies in the zone of 13000 to 13200 where the index has formed a low in the month of October-2018 and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 12500 to 12600 where high for the month of April-2017 is lying. During the week the index manages to hit a low of 13862 and close the week around the levels of 14324.

Minor support for the index lies around 13900 to 14000. Support for the index lies in the zone of 13500 to 13600 where low for the month of November-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 13000 to 13200 where the index has formed a low in the month of October-2018 and Fibonacci levels are lying.

Resistance for the index lies in the zone of 14500 to 14600 where Fibonacci levels, medium term and high for the month of November-2018 is lying. If the index manages to close above these levels then the index can move to the levels of 15000 to 15100 where Fibonacci levels and low for the month of September-2018 is lying.

Broad range for the index is seen between 13500 to 13600 on downside & 14800 to 15000 on upside.

Nifty Auto Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 03, 2018 – Dec 07, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

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

As we have mentioned last week, that minor resistance for the index lies in the zone of 9150 to 9250. Resistance for the index lies in the zone of 9400 to 9500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 9700 to 9800 where high for the month of October-2018 and Fibonacci levels are lying. During the week the index manages to hit a high of 9292 and close the week around the levels of 9270.

Support for the index lies in the zone of 8900 to 9000 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 8500 to 8600 where low for the month of October-2018 is lying.

Resistance for the index lies in the zone of 9350 to 9450 where Fibonacci levels and high for the month of November-2018 are lying. If the index manages to close below these levels then the index can move to the levels of 9700 to 9800 where high for the month of October-2018 and Fibonacci levels are lying.

Broad range for the index is seen from 8800 to 8900 on downside & 9500 to 9600 on upside.

Nifty Pharma Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Dec 03, 2018 – Dec 07, 2018) :  

NIFTY PHARMA:

 

NIFTYPHARM

 

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

As we have mentioned last week, that support for the index lies in the zone of 9100 to 9200 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8700 from where the index broke out in the month of June-2018. During the week the index manages to hit a low of 8966 and close the week around the levels of 9276.

Support for the index lies in the zone of 9000 to 9100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8700 from where the index broke out in the month of June-2018.

Minor resistance for the index lies in the zone of 9400 to 9500. Resistance for the index lies in the zone of 9700 to 9800 where high for the month of November-2018 is lying. If the index manages to close above these levels then the index can move to the levels of 10200 to 10300 where Fibonacci levels are lying.

Broad range for the index is seen from 8900 to 9000 on downside & 9500 to 9600 on upside.

Nifty FMCG Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 03, 2018 – Dec 07, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 30438 and close the week around the levels of 30126.

Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying

Resistance for the index lies around 30000 to 30200 where Fibonacci levels 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 30800 to 31000 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29000 to 29200 on downside & 31000 to 31200 on upside.

Nifty IT Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY IT for the week  (Dec 03, 2018 – Dec 07, 2018) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 5.80%.

As we have mentioned last week, that support for the index lies in the zone of 13700 to 13900 where Fibonacci levels and low for the month of October-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 13200 to 13300 where the index has taken support in the month of May-2018 and June-2018. During the week the index manages to hit a low of 13581 and close the week around the levels of 14638.

Minor support for the index lies in the zone of 14200 to 14300. Support for the index lies in the zone of 13700 to 13900 where Fibonacci levels and low for the month of October-2018 & November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 13200 to 13300 where the index has taken support in the month of May-2018 and June-2018.

Resistance for the index lies in the zone of 14800 to 15000 where Fibonacci levels 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 15400 to 15600 from where the index has broken down from September-2018 low.

Range for the week is seen from 13900 to 14000 on downside & 15000 to 15100 on upside.

Nifty Bank Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Nifty Bank for the week  (Dec 03, 2018 – Dec 07, 2018):

NIFTY BANK:

 

BANKNIFTY

 

Nifty Bank 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 26300 to 26500 where Fibonacci levels 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 26800 to 27000 where Fibonacci levels are lying. During the week the index manages to hit a high of 27013 and close the week around the levels of 26863.

Support for the index lies in the zone 26300 to 26500 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 25800 to 26000 from where the index broke out of October-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 26800 to 27000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27300 to 27500 from where the index has broken down in the month of August-2018 and Fibonacci levels are lying.

Range for the week is seen from 25800 to 26000 on downside & 27500 to 27700 on upside.

Nifty Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Nifty for the week  (Dec 03, 2018 – Dec 07, 2018):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 3.40%.

As we have mentioned last week that minor support for the index lies in the zone of 10400 to 10500. Support for the index lies in the zone of 9900 to 10000 where low for the month of March – 2018 & October – 2018 and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 9300 to 9400 where Fibonacci levels are lying. During the week the index manages to hit a low of 10490 and close the week around the levels of 10877

Support for the index lies in the zone of 10500 to 10600 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9900 to 10000 where low for the month of March – 2018 & October – 2018 and Fibonacci levels are lying.

Resistance for the index lies around 10850 to 10950 from where the index has broken down from the September-2018 lows, Fibonacci levels 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 11000 to 11100 where Fibonacci levels are lying.

Broad range for the week is seen from 10500 to 10600 on downside & 11000 to 11100 on upside.

MCX Tips for – November 30, 2018

Gold (30207): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  30500  levels.

Silver (35614):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  36290  levels.

Crude (3642): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 3733  levels.

Natural Gas (323.80): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 296.60 levels.

Copper (426.55): Copper is trading into positive zone. Traders can hold long positions or can initiate fresh long at every dip until it closes below 422.40.

Zinc (178.70): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 181.60  levels.

Lead (133.85): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 138.10 levels.

Nickel (764.30):  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 776.30 levels.

Aluminium (135.30): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 137.10 levels.

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

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

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 28, 2018

Gold (30402): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  30728  levels.

Silver (35772):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  36446  levels.

Crude (3631): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 3824  levels.

Natural Gas (304.30): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 296.60 levels.

Copper (424.80): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 434.50.

Zinc (176.55): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 181.60  levels.

Lead (133.40): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 138.20 levels.

Nickel (757.10):  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 777.00 levels.

Aluminium (135.75): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 138.30 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 – November 27, 2018

Gold (30547): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above  30721  levels.

Silver (36024):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above  36664  levels.

Crude (3678): Crude is trading into negative zone and traders can go short at every rise or hold short positions until Crude closes above 3816  levels.

Natural Gas (299.80): NG is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG closes above 318.60 levels.

Copper (430.45): Copper is trading into negative zone. Traders can hold short positions or can initiate fresh short at every rise until it closes above 439.20.

Zinc (179.85): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 184.60  levels.

Lead (136.60): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 140.00 levels.

Nickel (765.80):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 777.00 levels.

Aluminium (137.20): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 138.60 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

Natural Gas Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Nov 26, 2018 – Nov 30, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS 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 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 290 and close the week around the levels of 307.

Support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360.

Broad range for the commodity in the coming week can be seen between 275 – 280 on downside & 330 – 335 on upside.

Crude Oil Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Crude Oil for the week  (Nov 26, 2018 – Nov 30, 2018) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 10.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 4050 to 4100 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3850 to 3900 from where the commodity broke out the high formed in the month of January-2017 and Fibonacci levels are lying. During the week the commodity manages to hit a low of 3574 and close the week around the levels of 3607.

Support for the commodity lies in the zone of 3500 to 3550 where Fibonacci levels and trend-line support are lying. If the commodity manages to close below these levels then the commodity can drift to the levels 3350 to 3400 where long term Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 3650 to 3700. Resistance for the commodity lies in the zone of 3800 to 3850 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3900 to 3950.

Broad range for the commodity in the coming week can be seen between 3400 – 3450 on downside & 3800 – 3850 on upside.

Aluminium Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Aluminium for the week  (Nov 26, 2018 – Nov 30, 2018) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the commodity lies in the zone of around 138 to 140 where low for the month of July-2018 and August-2018 are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 134 to 136 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 136 and close the week around the levels of 137.

Support for the commodity lies in the zone of around 134 to 136 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 128 to 130 where the commodity has taken support in the month of April-2018.

Resistance for the commodity lies in the zone of 138 to 140 where low for the month of July-2018 and August-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 144 to 146 where long term moving averages and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 128 – 130 on downside and 145 – 147 on upside.

Nickel Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Nickel for the week  (Nov 26, 2018 – Nov 30, 2018) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 6.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 800 to 810 where long term Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 770 to 780. During the week the commodity manages to hit a high of 810 and close the week around the levels of 765.

Support for the commodity lies in the zone of 760 to 770 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where the commodity has taken multiple support in the month of December-2017.

Resistance for the commodity lies in the zone of 780 to 790 from where the commodity broke down. If the commodity manages to close above these levels then the commodity can move to the levels of around 800 to 810 from where the commodity broke down from consolidation and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 710 – 730 on downside & 800 – 820 on upside.

Lead Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Lead for the week  (Nov 19, 2018 – Nov 23, 2018) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 4.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 143 to 145 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a high of 145 and close the week around the levels of 138.

Support for the commodity lies in the zone of 135 to 137 where Fibonacci levels and low for the month of August-2018 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 132 where long term Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 140 to 141. Resistance for the commodity lies in the zone of 143 to 145 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 148 to 150 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 130 – 133 on downside & 145 – 148 on upside.

Zinc Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Zinc for the week  (Nov 26, 2018 – Nov 30, 2018) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 5.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 198 to 200 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 194 and close the week around the levels of 182.

Support for the commodity lies in the zone of 180 to 183 where Fibonacci levels and break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 173 to 175 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci levels and short & medium 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 where Fibonacci levels and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 170 – 173 on downside & 190 – 193 on upside.

Copper Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Copper for the week   (Nov 26, 2018 – Nov 30, 2018) :

COPPER:

 

COPPER 1

 

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

As we have mentioned last week, that resistance for the commodity lies in the zone of 445 to 450 from where the commodity broke down after consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 449 and close the week around the levels of 430.

Support for the commodity lies in the zone of 425 to 430 from where the commodity broke out of August-2018 high and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 415 to 420 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 435 to 438. Resistance for the commodity lies in the zone of 445 to 450 from where the commodity broke down after consolidation and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 455 to 460 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 415 – 420 on downside & 445 – 450 on upside.

Silver Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Silver for the week  (Nov 26, 2018 – Nov 30, 2018) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 2.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 36500 to 36600. Support for the commodity lies in the zone of 36000 to 36200 where the commodity has taken support in the month of September-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35600 where the commodity has taken support in the month of July-2017. During the week the commodity manages to hit a low of 35776 and close the week around the levels of 36092.

Support for the commodity lies in the zone of 36000 to 36200 where the commodity has taken support in the month of September-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35600 where the commodity has taken support in the month of July-2017.

Minor resistance for the commodity lies in the zone of 36500 to 36600. Resistance for the commodity lies in the zone of 37200 to 37400 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38200 from where the commodity broke down from October-2018 low and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 35000 – 35200 on downside & 37000 – 37200 on upside.