Disclaimer : Dear users, neither IndiaNotes nor the authors shall be liable for any or all losses, including consequential losses, damages, claims, or expenses that may occur to any third party arising out of the use of information on this website.
Sell on higher levels considering 38195 a crucial resistance keeping stop loss of 38338. Downward side break below 37875 it’ll fall down further to 37620 & 37488. Upward side crossover above 38338 it’ll surge up to 38460 & thereafter to 38600 in a disguised manner.Click here to see Dharmesh Bhatt's all calls.
Now some support at lower levels can be seen. On downside 3700-3800 area will be support for coming days. On higher side 3900-3950 is the area from where again supply can be seen. So on dips try to accumulate and sell on rallies towards resistance area.Click here to see Gold Commodities India's all calls.
Volatile session seen because of US-CHINA trade war talks. Last week we mentioned about the possible jump on close above 447. Now On lower side 450-452 is a strong support zone. So buying from lower levels can be done. On higher side if manage to close above 459 then can rise towards 472 in coming sessions.Click here to see Gold Commodities India's all calls.
On Friday, profit booking was seen from higher levels. The candle formed is not good indication for Gold Bulls. So keep eye on 34850 level. If sustain and close below same then some more dips can be seen in coming sessions. But overall in major dips try to accumulate at lower levels for positional trade. In intraday on higher side will face resistance at 35150-35200 ranges.Click here to see Gold Commodities India's all calls.
right from 37450, all clients were recommended to hold positional for the target of 39500. Yesterday we booked full profit in Silver. Now for today every dip will be well supported by buying. On downside support at 39100-39200 area. So buying on dips still suggested.Click here to see Gold Commodities India's all calls.
Now on higher side facing distribution around 35000 area. from now onwards if not manage to cross and close above 35100 then a fall towards 34600-34500 area can be seen.Click here to see Gold Commodities India's all calls.