Wednesday, April 6, 2011

BIG BOSS VIKAS P SAMWATSARE

Jeera: Jeera is expected to trade steady to positive tomorrow.

Pepper
: Future prices are trading with mixed sentiments. Buying sentiments may take place in intraday. 25200 is strong support for April future.

Guar
: Guar seed is likely to trade with mixed sentiments during the day tomorrow. Uncertainty is still prevailing in market.

Turmeric
: Traders can expect April future to trade range bound in intraday. Buying side may push prices up.

Gur
: Gur prices may trade negative tomorrow.

Potato
: Short term traders should trade as per momentum. Prices may trade more at upside.

Sugar
: Price may still fall by 15 points in intraday trading session.

Chilli
: Selling side pressure may come with low volume.

Mentha
: Intraday traders can expect prices to trade weak.
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In banking, CNX Bank Index lost -76.40 points or -0.64 %. Amongst the banking stocks Indian Oversea Bank, Yes Bank and Vijaya Bank lead the row.

Bank Nifty Futures shut stop at 11785.05 down by -76.40 points or -0.64 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11728 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 11956 above this level the next resistance is seen near to the level of 12050.
SUPPORT: It has first support close to the level of 11728 & below this level the next support is seen near 11580 marks.
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After rallying in green zone for last two weeks, market today faced  the selling pressure and Nifty Index ended in the red at 5891.75 down by -.31% or 18.30 points.
The Nifty futures closed and settled finally at 5910.95, down by 21.65 points or -0.36 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5975 else below 5870 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5975 & above this level the next resistance is seen near the 6075 mark.
SUPPORT: It has first support close to the level of 5870 & below this level the next support is seen near 5770 mark.
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plz


if silver above 60000 wthen  >> 62000 s/l 55000  
in maybe next month or 40 days 70000 silver

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