Sai Ram Shares & Commodities: Analysis: Nifty (Fut) 7669.65, Follow 7712 SL For Positional SHORTS On Closing Basis

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 8th August'14
Analysis: Nifty {Fut} 7669.65, Follow 7712 sl for positional SHORTS on closing basis

Trading strategy Stop loss Target 1 Target 2 Target 3
Buy above or @ 7643 7612 7678 7687 7597
Sell below or @ 7697 7727 7661 7652 7643
Power buy above or @ 7725 7695 7763 7802
Power sell below or @ 7614 7645 7576 7538

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Bank Nifty {Fut} 15066.5, Follow 15269 sl for positional SHORTS on closing basis

Buy above or @ 15015 14957 15083 15101 15118
Sell below or @ 15118 15176 15050 15032 15105
Power short below or @ 14962 15020 14888 14813

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx gold 28770, Close above 28480 resistances will be 29124 - 29488 - 30141 for next week, Positional
traders can hold LONGS with stop & reverse 28242 on closing basis

Buy above or @ 28677 28587 28787 28815 28843
Sell below or @ 28843 28933 28733 28705 28677
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx silver 43814, Positional traders can hold SHORTS with stop & reverse 44040 on closing basis

Buy above or @ 43698 43555 43874 43918 43962
Sell below or @ 43962 44105 43786 43742 43698
Power buy or @ 44095 43952 44315 44535
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx crude oil 5987, Positional traders can hold SHORTS with stop & reverse 6005 on closing basis

Buy above or @ 5970 5945 5996 6003 6010
Sell below or @ 6010 6036 5984 5977 5970

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NATURAL GAS 238.8, Storage on yesterday Actual 82B vs Previous 88B {Forecast 89B}, BEARISH
ENGULFING candle formed in daily charts, Positional traders can hold LONGS with stop & reverse 237.9 on
closing basis

Buy above or @ 236.2 234 239 239.7 240.4
Sell below or @ 240.4 242.6 237.6 236.9 236.2
Power buy above or @ 242.6 240.4 243.8 245
Power sell below or @ 234 236.2 232.9 231.7
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx COPPER 431.7, BULLISH HARAMI CROSS candle formed in daily charts, Positional traders can
hold SHORTS with stop & reverse 433.1 on closing basis

Buy above or @ 430.5 429.4 431.9 432.2 432.6
Sell below or @ 432.6 433.7 431.2 430.9 430.5
Power buy above or @ 433.7 432.6 435.8 438
Power sell below or @ 429.4 430.5 427.3 425.2
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NICKEL 1159.2, BEARISH SHOOTING STAR candle formed in daily charts, Positional traders can
hold LONGS with stop & reverse 1141.8 on closing basis

Buy above or @ 1152.7 1146.2 1161.1 1163.3 1165.5
Sell below or @ 1165.5 1172 1157 1154.9 1152.7
Power buy above or @ 1172 1165.5 1177.8 1183.7
Power sell below or @ 1146.2 1152.7 1140.5 1134.8
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 4th to 8th Aug'14 TREND S&R

SPOT NIFTY {cmp 7649.25} ABOVE 7665.5 IT WILL FACE RESISTANCE 7737.1 - 7871.4 - 7943
BELOW 7665.5 IT WILL FIND SUPPORT 7531.1 - 7459.5 - 7325.1 BEARISH 7697
SPOT BANK NIFTY {cmp 14986.85} BELOW 15241.2 IT WILL FIND SUPPORT 14982.8 - 14837.8 - 14580.4
ABOVE 15241.2 IT WILL FACE RESISTANCE 15386.1 - 15644.5 - 15789.5 BEARISH 15213
MCX GOLD {CMP 28770} ABOVE 27967 IT WILL FACE RESISTANCE 28210 - 28366 - 28610
BELOW 27967 IT WILL FIND SUPPORT 27811 - 27567 - 27411 BULLISH 28242
MCX SILVER { CMP 43814} BELOW 44430 IT WILL FIND SUPPORT 44062 - 43696 - 43327
ABOVE 44430 IT WILL FACE RESISTANCE 44796 - 45165 - 45531 BEARISH 44040
MCX CRUDE {CMP 5987} BELOW 6020 IT WILL FIND SUPPORT 5892 - 5810 - 5681
ABOVE 6020 IT WILL FACE RESISTANCE 6102 - 6231 - 6313 BULLISH 6005
MCX NATURAL GAS {CMP 238.8} ABOVE 232.1 IT WILL FACE RESISTANCE 239.8 -245.7 - 253.4
BELOW 232.1 IT WILL FIND SUPPORT 226.2 - 218.5 - 212.6 BULLISH 237.9
MCX COPPER { CMP 431.7} BELOW 434.2 IT WILL FIND SUPPORT 428.9 - 422.5 - 417.2
ABOVE 434.2 IT WILL FACE RESISTANCE 440.5 - 445.8 - 452.2 BEARISH 433.1
MCX NICKEL { CMP 1159.2} ABOVE 1131 IT WILL FACE RESISTANCE 1149.9 - 1173.2 - 1192.1
BELOW 1131 IT WILL FIND SUPPORT 1107.8- 1088.9 - 1065.6 BULLISH 1141.8

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.

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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: Analysis: Nifty (Fut) 7669.65, Follow 7712 SL For Positional SHORTS On Closing Basis

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