Sai Ram Shares & Commodities

Om Vigneshwaraya Namah Om Sriram Om Sai ram
SAI RAM SHARES & COMMODITIES

Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376 Technical outlook for 25th Apr'14
Head office 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II Town office: 237326
Analysis: Nifty {Fut} 6899.15 should close above 6834 approximately for being bullish for next week
Trading strategy Buy above or @ 6885 Sell below or @ 6909 Power buy above or @ 6921 Power sell below or @ 6877
Stop loss 975 6923 6907 6891
Target 1 6902 6896 6955 6843
Target 2 6906 6893 6990 6809
Target 3 6909 6889
SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern street ELURU - 534001 Mobile: Rajesh: 9573399376 1 Town Office: 221376
Analysis: Bank Nifty {Fut} 13234 should close above 13035 approximately for being bullish for next week
Trading strategy Buy above or @ 13169 Sell below or @13299 Power buy above or @ 13365 Power short below or @ 13103
Stop loss 13098 13370 13294 13174
Target 1 13255 13213 13431 13038
Target 2 13277 13191 13498 12972
Target 3 13299 13169

Analysis: Mcx gold 28790 should close above 28631 approximately for being bullish for next week, positional traders can hold longs with stop & reverse 28612 on closing basis
Stop loss 28709 28883 28831 28761
Target 1 28809 28783 29022 28571
Target 2 28823 28769 29166 28427
Target 3 28836 28756

Analysis: Mcx silver 42482 should close above 42303 approximately for being bullish for next week, Positional traders can hold longs with stop & reverse 42418 on closing basis
Trading strategy Buy above or @ 42399 Sell below or @42577 Power buy or @42667 Power sell below or @ 42309
Stop loss 42299 42677 42567 42409
Target 1 42517 42459 42880 42098
Target 2 42547 42429 43093 41886
Target 3 42577 42399

Analysis: Mcx crude oil 6255 should close above 6257 approximately for being bullish for next week, Positional traders can hold shorts with stop & reverse 6254 on closing basis.
Stop loss 6208 6286 6258 6236
Target 1 6252 6242 6312 6182
Target 2 6258 6236 6343 6151
Target 3 6263 6231

Analysis: Mcx NATURAL GAS 291.1 should close above 289.2 approximately for being bullish for next week, Positional traders can hold shorts with stop & reverse 284 on closing basis
Trading strategy Buy above or @ 290.3 Sell below or @ 292.4 Power buy above or @ 293.6 Power sell below or @ 289.2
Stop loss 289.25 293.6 292.4 290.4
Target 1 291.75 291.1 295 287.8
Target 2 292.1 290.7 296.5 286.4
Target 3 292.4 290.4

Analysis: Mcx COPPER 413.6 should close above 411 approximately for being bullish for next week, Positional traders can hold longs with stop & reverse 407.9 on closing basis
Trading strategy Buy above or @ 412.5 Sell below or @ 415 Power buy above or @ 416.5 Power sell below or @ 411
Stop loss 411 416.5 415 412.5
Target 1 414.1 413.4 418.5 409
Target 2 414.6 412.9 420.6 407
Target 3 415 412.5

Analysis: Mcx NICKEL 1125.6 Bearish Hanging man candle formed in daily charts, should close above 1109 approximately for being bullish for next week, Positional traders can hold longs with stop & reverse 1090 on closing basis
Trading strategy Buy above or @ 1174.4 Sell below or @ 1134.4 Power buy above or @ 1143.1 Power sell below or @ 1108.7
Stop loss 1108.7 1143.1 1134.4 1117.4
Target 1 1128.75 1123.1 1148.8 1103.2
Target 2 1131.6 1120.2 1154.5 1097.7
Target 3 1134.4 1117.4
Note: - Follow SL strictly and check weekly analysis for correct decisions for positional trades, there is a risk of loss in trading

Weekly Analysis for the week 21st to 25th Apr'14:
TREND
S&R
SPOT NIFTY {cmp 6840.8} ABOVE 6752.65 IT WILL FACE RESISTANCE 6840.15 - 6900.9 - 6988.4 BELOW 6752.65 IT WILL FIND SUPPORT 6691.9 - 6604.4 - 6543.65 BULLISH 6758
SPOT BANK NIFTY {cmp 13122.1} ABOVE 12711.2 IT WILL FACE RESISTANCE 12907.65 - 13028.05 - 13224.5 BELOW 12711.2 IT WILL FIND SUPPORT 12590.8 - 12394.35 - 12273.95 MCX GOLD {CMP 28790 } ABOVE 28564 IT WILL FACE RESISTANCE 28927 - 29349 - 29713 BELOW 28564 IT WILL FIND SUPPORT 28142 - 27778 - 27356 MCX SILVER {CMP 42482} ABOVE 42422 IT WILL FACE RESISTANCE 43319 - 44261 - 45158 BELOW 42422 IT WILL FIND SUPPORT 41481 - 40584 - 39642 MCX CRUDE {CMP 6255} BELOW 6280 IT WILL FIND SUPPORT 6221 - 6154 - 6095 ABOVE 6280 IT WILL FACE RESISTANCE 6346 - 6405 - 6472 MCX NATURAL GAS {CMP 291.1} ABOVE 281 IT WILL FACE RESISTANCE 290.9 -296.4- 306.3 BELOW 281 IT WILL FIND SUPPORT 275.6 - 265.7 - 260.2 MCX COPPER {CMP 413.6} ABOVE 404.4 IT WILL FACE RESISTANCE 412.6 - 417.8 -426 BELOW 404.4 IT WILL FIND SUPPORT 399.2 - 391 - 385.8 MCX NICKEL {CMP 1125.6} ABOVE 1069.8 IT WILL FACE RESISTANCE 1105.9 - 1128.6 - 1164.7 BELOW 1069.8 IT WILL FIND SUPPORT 1047.1 - 1011 - 988.3 BULLISH 1090 BULLISH 407 BULLISH 284 BEARISH 6254 BULLISH 42418 BULLISH 28612 BULLISH 12790

Analyst Certification:The following analyst(s), who is (are) primarily responsible for this report, certifies that the opinion(s) on the subject security (ies) and any other views or forecasts expressed herein accurately reflect his/her personal view(s) about the subject company or companies and its or their securities, and that no part of his compensation was, is or will be directly indirectly related to the specific recommendations or views contained in this research report. Opinions expressed are his current opinions as of the date appearing on this material only. The analyst(s) of this report personally is not holding any stock position for the recommended stocks.
Disclaimer: This document is not for public distribution and has been furnished to you solely for your information and must
not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action. Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. SAIRAM SHARES & COMMODITIES, its directors, analysts or employees do not take any responsibility, financial or otherwise, of the losses or the damages sustained due to the investments made or any action taken on basis of this report.

Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house Eastern Street ELURU - 534001 Mobile: Rajesh: 9573399376 I Town Office: 221376 Head office: 22B-2-1/1, 1st Floor Venkatarama power press road Power pet ELURU - 534002 II town Office: 237326
Email: saladi_elr2@yahoo.com
Rajesh.Saladi
Technical Research Analyst Email: Rajesh.saladielr2@gmail.com For updates follow @ www.twitter.com/rajeshsaladi & www.facebook.com/srknifty SRKNIFTY For Private Client Circulation NSE Certified Technical Analytics Website: www.tradingcallls.blogspot.com Email: saladi_elr2@yahoo.com The Trend is your friend until the end when it bends.

Sai Ram Shares & Commodities

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Om Vigneshwaraya Namah Om Sriram Om Sai ram