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WEEKLY REPORT

HIGHEST MONTHLY CLOSING EVER, EUPHORIA IS ON, ADVICE TO MAINTAIN STRICT TRAILING STOP LOSS.


Great opportunity to buy Metals & Shipping stocks as it is available at very good risk reward ratio.Again this week also we are advising to churn High Beta stocks to Metals & Shipping. 



CNX NIFTY (MONTHLY CHART)



BANKNIFTY(MONTHLY CHART)

BANKNIFTY: Banknifty has given a major contribution in CNX Nifty’s new high. We have seen a sustained uptrend.

We advice to maintain trailing stop loss of 18000 (Spot levels) for momentum trading.
 
The levels shows in the below chart is that on upper side we can see resistance at 19500/19800 levels and 16800 is good investment level.


The study is based on Andrew Pitchfork  Indicator 
 






CNX MIDCAP: Last CNX Midcap opened at 12300.35 and given a close of 12389.25 after making a low of 12039.35 levels. In last weekly report we advised to enter at the levels of 12000 as we are seeing a good support at these levels.

We are continue with our target of 13650 with trailing stop loss of 11840.
 
 
CNX SMALLCAP: Last week CNX Smallcap opened at 5257.35 and given a week on week negative close of 5188.15. As of now on weekly charts we are seeing resistance at 5280 levels and 5389.40 is very crucial level in CNX Smallcap for further up move.

We are seeing CNX Smallcap to touch the levels of 5700 in near term once it crosses the levels of 5390 decisively.

We advice to maintain a trailing stop loss of 5150 on weekly closing basis.






GOLD: After three positive weekly close Gold has given a negative close of 1165.80 and failed to cross previous week high of 1208.20.

For the coming week 1150 levels is the very important support level, if Gold sustain weekly close above 1146.90 level we can see new range between 1150 to 1250. 
 
SILVER: Last week Silver opened at 16.46 and given a weekly negative close of 15.44.

For the coming week we can see range of 15/16.50 in Silver.

   



US MARKET

The uptrend in Dow Jones is intact, Week on week Dow Jones given highest close of 17828.24.  We are continue with our target of 18400 and 17280 is the trailing stop loss.
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CHINA MARKET

Shanghai: We have achieved our first target of 2650 in Shanghai Composite as it has made a high of 2682.92, this is just a beginning of Shanghai bull run.....

Expecting a super bull run in Chinese markets
http://ntdtrading.in/research-desc.php?pageid=318




BRENT OIL

Brent Oil - Crash ?? - We are expecting sharp downfall in Brent Oil... Analysis are follow


After giving an exclusive report on Brent Oil Crash by team NTD  we saw huge fall in Brent Oil upto 69.78$ from the levels of 105$ within three months

Very soon we will see the level of 65 as we are already below the levels of 2009 December close (i.e. 77.93) 

Brent Oil - Crash ?? - We are expecting sharp downfall in Brent Oil... Analysis are follow
http://ntdtrading.in/research-desc.php?pageid=245

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Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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