Sai Ram Shares & Commodities

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 24th July'14
Analysis: Nifty {Fut} 7791.55, BEARISH SPINNING TOP candle in SPOT NIFTY & BEARISH
HANGING MAN candle in FUTURE formed in daily charts, Follow 7665 sl for positional LONGS on closing basis

Trading strategy Stop loss Target 1 Target 2 Target 3
Buy above or @ 7775 7756 7797 7802 7808
Sell below or @ 7808 7827 7786 7781 7775
Power buy above or @ 7825 7806 7864 7903
Power sell below or @ 7758 7777 7720 7681
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Bank Nifty {Fut} 15494.6, BEARISH SPINNING TOP candle in SPOT BANK NIFTY &
FUTURE formed in daily charts, Follow 15272 sl for positional LONGS on closing basis

Buy above or @ 15425 15349 15517 15541 15564
Sell below or @ 15564 15640 15472 15448 15425
Power short below or @ 15354 15430 15278 15201

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx gold 27882, Positional traders can hold SHORTS with stop & reverse 27938 on closing basis

Buy above or @ 27835 27791 27885 27898 27911
Sell below or @ 27911 27955 27855 27842 27835

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx silver 44928, Positional traders can hold SHORTS with stop & reverse 44940 on closing basis

Buy above or @ 44862 44772 44966 44992 45018
Sell below or @ 45018 45108 44914 44888 44862
Power buy or @ 45098 45008 45323 45549
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx crude oil 6199, Inventories on yesterday Actual -4.0M vs Previous -7.5M {Forecast -2.1M}, BULLISH
ENGULFING candle formed in daily charts, Positional traders can hold LONGS with stop & reverse 6181 on
closing basis

Buy above or @ 6178 6154 6202 6208 624
Sell below or @ 6214 6238 6190 6184 6178
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NATURAL GAS 226.7, Storage @ 8PM IST Forecast 95B vs Previous 107B, Positional traders can
hold SHORTS with stop & reverse 235.6 on closing basis

Buy above or @ 225.8 224.8 226.8 227.1 227.4
Sell below or @ 227.4 228.4 226.4 226.1 225.8
Power buy above or @ 228.4 227.4 227.4 226.2
Power sell below or @ 224.8 225.8 223.7 222.6

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx COPPER 427.15, Positional traders can hold SHORTS with stop & reverse 429.1 on closing basis

Buy above or @ 426.2 425.2 427.4 427.7 428
Sell below or @ 428 429 426.8 426.5 426.2
Power buy above or @ 429 428 431.1 433.2
Power sell below or @ 425.2 426.2 423.1 421

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NICKEL 1137, Positional traders can hold LONGS with stop & reverse 1141.7 on closing basis

Buy above or @ 1134.4 1130.75 1139 1140.2 1141.4
Sell below or @ 1141.4 1145.1 1136.8 1135.6 1134.4
Power buy above or @ 1145.1 1141.4 1150.8 1156.5
Power sell below or @ 1130.75 1134.4 1125.1 1119.5
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 21st to 25th July'14 TREND S&R

SPOT NIFTY {cmp 7795.75} ABOVE 7590.35 IT WILL FACE RESISTANCE 7758.55 - 7853.2 - 8021.4
BELOW 7590.35 IT WILL FIND SUPPORT 7495.7 - 7327.5 - 7232.85 BULLISH 7657
SPOT BANK NIFTY {cmp 15463} ABOVE 15063.72 IT WILL FACE RESISTANCE 15788.78 - 16188.22 - 16913.28
BELOW 15063.72 IT WILL FIND SUPPORT 14664.28 - 13939.22 - 13539.78 BULLISH 15231
MCX GOLD {CMP 27882} BELOW 27991 IT WILL FIND SUPPORT 27584 - 27177 - 26770
ABOVE 27991 IT WILL FACE RESISTANCE 28399 - 28806 - 29214 BEARISH 27938
MCX SILVER { CMP 44928} BELOW 45051 IT WILL FIND SUPPORT 44251 - 43571 - 42771
ABOVE 45051 IT WILL FACE RESISTANCE 45731 - 46531 - 47211 BEARISH 44940
MCX CRUDE {CMP 6199} ABOVE 6147 IT WILL FACE RESISTANCE 6326 - 6443 - 6622
BELOW 6147 IT WILL FIND SUPPORT 6030 - 5851 - 5734 BULLISH 6181
MCX NATURAL GAS {CMP 226.7} BELOW 242.1 IT WILL FIND SUPPORT 232.4 - 226.9 - 217.2
ABOVE 242.1 IT WILL FACE RESISTANCE 247.5 -257.2 - 262.7 BEARISH 235.6
MCX COPPER { CMP 427.15} BELOW 429.4 IT WILL FIND SUPPORT 421.6 - 417.1 - 409.3
ABOVE 429.4 IT WILL FACE RESISTANCE 433.9 - 441.6 - 446.1 BEARISH 429.1
MCX NICKEL { CMP 1137} ABOVE 1136.5 IT WILL FACE RESISTANCE 1157.2 - 1192.4 - 1213.1
BELOW 1136.5 IT WILL FIND SUPPORT 1101.3- 1080.6 - 1045.4 BEARISH 1141.7

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
not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required
to observe these restrictions. Opinion expressed is our current opinion as of the date appearing on this material only. While we
endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or
other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking
statements are not predictions and may be subject to change without notice. Our proprietary trading and investment
businesses may make investment decisions that are inconsistent with the recommendations expressed herein. The information
in this document has been printed on the basis of publicly available information, internal data and other reliable sources
believed to be true and are for general guidance only.

While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and
assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or
cause of action. Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient
of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the
securities of companies referred to in this document (including the merits and risks involved), and should consult their own advisors to
determine the merits and risks of such an investment. SAIRAM SHARES & COMMODITIES, its directors, analysts or employees do
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

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