High Noon

High Noon

Commodities & High Noon

Commodities & High Noon

Trade with bulls

The market opened up with a gap of around 100 points and picked up from where it had left last Friday. With bulls dominating the opening session the short-term traders are trading with a positive frame of mind. As KST in the hourly chart shows a clear buy signal, we expect further buying in the second half of the trading session
as bears are likely go for short covering. The market breadth is indicating a positive bias with 1,515 advances and 587 declines. The index is likely to have strong
support around 14358 level, which was Friday’s close, and on breaching this level it is likely to take support around 14101, which is 100-hour moving average. The index is
likely to have resistance around 14600 level, which is our medium-term target, and on breaching this level it is likely to touch an all-time high of 14724. Our short-term bias is
positive with the target of 14400 already achieved and upgraded to 14600. Our medium-term bias is positive with target raised from 14600 to 14700.

We have a positive bias on Bombay Dyeing as it has strong support around Rs566, which is around 10-day moving average, and resistance around Rs769-781 levels. We have a positive bias on Canara Bank, which is having resistance around Rs261-265 levels and support around Rs252 level. We have a positive bias on REL with support around Rs552 level and resistance around Rs569-576 levels.

Sharekhan Commodities Buzz, Daring Derivatives, Eagle Eye Commodities, High Noon

Sharekhan Commodities Buzz

Daring Derivatives

Eagle Eye Commodities

High Noon

Sharekhan Riveting Metals, HighNoon, Daring Derivatives, Eagle Eye

Sharekhan Riveting Metals dated May 23, 2007

Sharekhan Highnoon dated May 23, 2007

Sharekhan Daring Derivatives for May 23, 2007Sharekhan Eagle Eye (commodities) for May 23, 2007

Sharekhan High Noon, Eagle Eye, Riveting Metals

Sharekhan Eagle Eye (commodities) for May 22, 2007Sharekhan Highnoon dated May 22, 2007Sharekhan Riveting Metals dated May 22, 2007

Sharekhan Highnoon dated May 18, 2007, Sharekhan Commodities Buzz dated May 18, 2007

Sharekhan Highnoon dated May 18, 2007Sharekhan Commodities Buzz dated May 18, 2007

Sharekhan High Noon, Commodities, Eagle Eye, Riveting Metals

Erratum: Sharekhan Daring Derivatives for May 17, 2007Sharekhan Highnoon dated May 17, 2007Sharekhan Commodities Buzz dated May 17, 2007Sharekhan Eagle Eye (commodities) for May 17, 2007harekhan Riveting Metals dated May 17, 2007

Sharekhan High Noon & Commodities

Sharekhan Eagle Eye (commodities) for May 16, 2007Sharekhan Highnoon dated May 16, 2007

Sharekhan Highnoon dated May 15, 2007, Sharekhan Eagle Eye (commodities) for May 15, 2007

Sharekhan Highnoon dated May 15, 2007

Sharekhan Eagle Eye (commodities) for May 15, 2007

Sharekhan High Noon,Commodities, Daring Derivatives

Sharekhan Daring Derivatives for May 14, 2007

Sharekhan Commodities Buzz dated May 14, 2007

Sharekhan Eagle Eye (commodities) for May 14, 2007

Sharekhan Highnoon dated May 14, 2007

Sharekhan High Noon, Commodities, Eagle Eye, Riveting Metals

Sharekhan Riveting Metals dated May 11, 2007Sharekhan Commodities Buzz dated May 11, 2007Sharekhan Eagle Eye (commodities) for May 11, 2007Sharekhan Highnoon dated May 11, 2007

Sharekhan Highnoon dated May 10, 2007

Sharekhan Highnoon dated May 10, 2007

Sharekhan Highnoon dated May 08, 2007

Sharekhan Highnoon dated May 08, 2007

Sharekhan Highnoon dated May 07, 2007

Sharekhan Highnoon dated May 07, 2007

Sharekhan Highnoon dated May 04, 2007

Sharekhan Highnoon dated May 04, 2007

Sharekhan Eagle Eye, Riveting Metals, High Noon

Sharekhan Highnoon dated May 03, 2007Sharekhan Riveting Metals dated May 03, 2007

Sharekhan Eagle Eye (equities) & Derivatives Info Kit for May 04, 2007

Sharekhan Highnoon dated April 30, 2007

Sharekhan Highnoon dated April 30, 2007

Sharekhan Riveting Metals dated April 26, 2007, Sharekhan Highnoon dated April 26, 2007

Sharekhan Riveting Metals dated April 26, 2007

Sharekhan Highnoon dated April 26, 2007

Sharekhan Highnoon dated April 24, 2007

Sharekhan Highnoon dated April 24, 2007