Thursday, April 26, 2012

NIFTY F&O Tips : Silver MCX Trend

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Nifty F&O Expiry :- With April F&O expiry due today we can expect trending markets over the weekend with start of new series. Further we continue to believe that chart patterns, averages and oscillators suggest if Nifty closes above 5360 or below 5175 could lead us to a trending market.

Share Market Today : Nifty Trend

Today main focus will be on fight of 5200 nf levels and operators will work on giving close in this range to eat maximum premium of combined heavy selling done in 5200 call and 5200 put to eat premium, which combined at the moment is 50-00 and if expiry happens in this range it will be below 30-00. Keep watching. 
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FREE INTRADAY SILVER TIPS

Silver and closed below 1 week low with volume signals down breakout. Currently Silver is in HOLD SHORT position The Silver is in downtrend For short term. Positionally Immediate support for Silver is 54208. Resistance for the Silver is 56204-56238-56303-56621-57301-57421.

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