Sai Ram Shares & Commodities: Technical Outlook For 7th July'14 (EVENT WEEK 8TH RAILWAY BUDGET & 10TH UNION BUDGET)

Om Vigneshwaraya Namah
Om Sriram
Om Sai ram
SAI RAM SHARES & COMMODITIES Head office
Branch: 7-D-43, Beside Shri Madupalli Mohana Gupta house 22B-2-1/1, 1st Floor
Eastern street Venkatarama power press road
ELURU - 534001 Power pet
Mobile: Rajesh: 9573399376 ELURU - 534002
1 Town Office: 221376 II Town office: 237326
SRKNIFTY
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.

For Private Client Circulation

Technical outlook for 7th July'14 {EVENT WEEK 8TH RAILWAY BUDGET & 10TH UNION BUDGET}
Analysis: Nifty {Fut} 7782.5, Follow 7644 sl for positional LONGS on closing basis

Trading strategy Stop loss Target 1 Target 2 Target 3
Buy above or @ 7751 7717 7793 7803 7814
Sell below or @ 7814 7848 7772 7762 7751
LPower buy above or @ 7846 7812 7885 7924
Power sell below or @ 7719 7753 7681 7642

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Bank Nifty {Fut} 15686.3, Follow 15399 sl for positional LONGS on closing basis

Buy above or @ 15598 15502 15716 15745 15775
Sell below or @ 15775 15870 15657 1627 15598
Power buy above or @ 15865 15770 15944 16023
Power short below or @ 15507 15603 15430 15352

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx gold 27757, Positional traders can hold SHORTS with stop & reverse 27597 on closing basis

Buy above or @ 27542 27498 27592 27605 27618
Sell below or @ 27618 27662 27568 27555 27542

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx silver 45048, Positional traders can hold LONGS with stop & reverse 44886 on closing basis

Buy above or @ 44993 44890 45115 45146 45177
Sell below or @ 45177 45280 45055 45024 44993
Power buy or @ 45270 45167 45497 45722
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx crude oil 6222, Positional traders can hold SHORTS with stop & reverse 6284 on closing basis

Buy above or @ 6220 6206 6229 6232 6234
Sell below or @ 6234 6248 6225 6222 6220

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NATURAL GAS 262.2, Positional traders can hold SHORTS with stop & reverse 265.1 on closing
basis

Buy above or @ 261.5 260.6 262.4 262.7 262.9
Sell below or @ 262.9 263.8 262 261.7 261.5
Power buy above or @ 263.8 262.9 265.1 266.4
Power sell below or @ 260.6 261.5 259.3 258
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx COPPER 435.1, BEARISH SPINNING TOP candle formed in daily charts, Positional traders can hold
LONGS with stop & reverse 428.8 on closing basis

Buy above or @ 434.7 433.9 435.5 435.7 435.9
Sell below or @ 435.9 436.7 435.1 434.9 434.7
Power buy above or @ 436.7 435.9 438.8 441
Power sell below or @ 433.9 434.7 431.8 429.6
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NICKEL 1158, BEARISH EVENING DOJI STAR candle formed in daily charts, Positional traders can
hold LONGS with stop & reverse 1154.9 on closing basis

Buy above or @ 1150.1 1142.7 1159.8 1162.2 1164.7
Sell below or @ 1164.7 1172.1 1155 1152.6 1150.1
Power buy above or @ 1172.1 1164.7 1177.9 1183.8
Power sell below or @ 1142.7 1150.1 1137 1131.3
Note: - Follow SL strictly and check weekly analysis for correct decisions for positional trades, there is a
risk of loss in trading

Om Sriram
Om Sai ram
SRKNIFTY


Weekly Analysis for the week 7th to 11th July'14 TREND S&R

SPOT NIFTY {cmp 7751.6} ABOVE 7680.4 IT WILL FACE RESISTANCE 7829.2 - 7906.8 - 8055.6
BELOW 7680.4 IT WILL FIND SUPPORT 7602.8 - 7454 - 7376.4 BULLISH 7623
SPOT BANK NIFTY {cmp 15556.15} ABOVE 15399.3 IT WILL FACE RESISTANCE 15739.5 - 15922.85 - 16263.05
BELOW 15399.3 IT WILL FIND SUPPORT 15215.95 - 14875.75 - 14692.4 BULLISH 15318
MCX GOLD {CMP 27557} BELOW 27678 IT WILL FIND SUPPORT 27485 - 27298 - 27105
ABOVE 27678 IT WILL FACE RESISTANCE 27864 - 28057 - 28244 BEARISH 27597
MCX SILVER { CMP 45048} ABOVE 44907 IT WILL FACE RESISTANCE 45515 - 45982 - 46590
BELOW 44907 IT WILL FIND SUPPORT 44440 - 43833 - 43366 BEARISH 44886
MCX CRUDE {CMP 6222} BELOW 6270 IT WILL FIND SUPPORT 6144 - 6066 - 5940
ABOVE 6270 IT WILL FACE RESISTANCE 6347 - 6473 - 6551 BEARISH 6283.2
MCX NATURAL GAS {CMP 262.2} BELOW 264.2 IT WILL FIND SUPPORT 257.1 - 252 - 244.9
ABOVE 264.2 IT WILL FACE RESISTANCE 269.3 -276.4 - 281.5 BEARISH 265.1
MCX COPPER { CMP 435.1} ABOVE 429.4 IT WILL FACE RESISTANCE 441.6 - 448.1 - 460.4
BELOW 429.4 IT WILL FIND SUPPORT 422.8- 410.5 - 404 BULLISH 428.8
MCX NICKEL { CMP 1158} BELOW 1157.5 IT WILL FIND SUPPORT 1121.4- 1084.9 - 1048.8
ABOVE 1157.5 IT WILL FACE RESISTANCE 1194.1 - 1230.2 - 1266.8 BULLISH 1154.9

Om Sriram
Om Sai ram
SRKNIFTY


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
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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.
SAI RAM SHARES & COMMODITIES
Branch: Head office:
7-D-43, Beside Shri Madupalli Mohana Gupta house 22B-2-1/1, 1st Floor
Eastern Street Venkatarama power press road
I Town Office: 221376 II town Office: 237326
Rajesh.Saladi
Technical Research Analyst
Email: Rajesh.saladielr2@gmail.com
For updates follow @ www.twitter.com/rajeshsaladi & www.facebook.com/srknifty

Sai Ram Shares & Commodities: Technical Outlook For 7th July'14 (EVENT WEEK 8TH RAILWAY BUDGET & 10TH UNION BUDGET)

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