Sai Ram Shares & Commodities: Technical Outlook For 31st July'14 (JULY DERIVATIVES EXPIRY DAY)

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 31st July'14 {JULY DERIVATIVES EXPIRY DAY}
Analysis: Nifty {Fut} 7788.3, Follow 7717 sl for positional LONGS on closing basis

Trading strategy Stop loss Target 1 Target 2 Target 3
Buy above or @ 7766 7740 7795 7803 7811
Sell below or @ 7811 7837 7781 7774 7766
Power buy above or @ 7835 7809 7874 7913
Power sell below or @ 7742 7768 7704 7665

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Bank Nifty {Fut} 15451.7, BULLISH ENGULFING candle formed in daily charts, Follow 15320 sl for
positional LONGS on closing basis

Buy above or @ 15374 15290 15477 15503 15529
Sell below or @ 15529 15613 15426 15400 15374
Power short below or @ 15295 15379 15219 15143

Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx gold 27934, Positional traders can hold LONGS with stop & reverse 27863 on closing basis

Buy above or @ 27832 27756 27924 27947 27970
Sell below or @ 27970 28046 27878 27855 27832
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx silver 44480, BEARISH SPINNING TOP candle formed in daily charts, Positional traders can hold
SHORTS with stop & reverse 44461 on closing basis

Buy above or @ 44291 44157 44455 44496 44537
Sell below or @ 44537 44671 44373 44332 44291
Power buy or @ 44661 44527 44884 45107
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx crude oil 6074, Inventories on yesterday Actual -3.7M vs Previous -4.0M {Forecast -0.4M },
Positional traders can hold SHORTS with stop & reverse 6132 on closing basis

Buy above or @ 6044 6015 6073 6081 6088
Sell below or @ 6088 6117 6059 6051 6044
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NATURAL GAS 228.9, Storage @ 8PM IST Forecast 92B vs Previous 90B, Positional traders can
hold SHORTS with stop & reverse 230.1 on closing basis

Buy above or @ 227.9 226.6 229.3 229.7 230.1
Sell below or @ 230.1 231.4 228.7 228.3 227.9
Power buy above or @ 231.4 230.1 232.5 233.7
Power sell below or @ 226.6 227.9 225.5 224.4
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx COPPER 434.75, BULLISH ENGULFING candle formed in daily charts, Positional traders can hold
LONGS with stop & reverse 431.3 on closing basis

Buy above or @ 432.9 430.8 435.5 436.2 436.9
Sell below or @ 436.9 439 434.3 433.6 432.9
Power buy above or @ 439 436.9 441.1 443.3
Power sell below or @ 430.8 432.9 428.7 426.5
Om Sriram
Om Sai ram
SRKNIFTY


Analysis: Mcx NICKEL 1146.1, BULLISH ENGULFING candle formed in daily charts, Positional traders can hold
LONGS with stop & reverse 1136.3 on closing basis

Buy above or @ 1136.4 1127 1148.8 1151.9 1155
Sell below or @ 1155 1164.4 1142.6 1139.5 1136.4
Power buy above or @ 1164.4 1155 1170.2 1176
Power sell below or @ 1127 1136.4 1121.4 1115.8
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 28thJuly to 1st Aug'14 TREND S&R

SPOT NIFTY {cmp 7791.4} ABOVE 7768.47 IT WILL FACE RESISTANCE 7862.93 - 7935.42 - 8029.88
BELOW 7768.47 IT WILL FIND SUPPORT 7695.98 - 7601.52 - 7529.03 BULLISH 7712
SPOT BANK NIFTY {cmp 15452.4} ABOVE 15407.2 IT WILL FACE RESISTANCE 15541.95 - 15761.65 - 15896.4
BELOW 15407.2 IT WILL FIND SUPPORT 15187.5 - 15052.75 - 14833.05 BULLISH 15291
MCX GOLD {CMP 27934} ABOVE 27919 IT WILL FACE RESISTANCE 28236 - 28534 - 28851
BELOW 27919 IT WILL FIND SUPPORT 27621 - 27304 - 27006 BULLISH 27863
MCX SILVER { CMP 44480} BELOW 44514 IT WILL FIND SUPPORT 43495 - 42708 - 41688
ABOVE 44514 IT WILL FACE RESISTANCE 45301 - 46321 - 47108 BEARISH 44461
MCX CRUDE {CMP 6074} BELOW 6169 IT WILL FIND SUPPORT 6066 - 5982 - 5879
ABOVE 6169 IT WILL FACE RESISTANCE 6253 - 6356 - 6440 BEARISH 6132
MCX NATURAL GAS {CMP 228.9} BELOW 229.9 IT WILL FIND SUPPORT 222.7 - 218.3 - 210.9
ABOVE 229.9 IT WILL FACE RESISTANCE 234.3 -241.6 - 246 BULLISH 230.1
MCX COPPER { CMP 434.75} ABOVE 431.2 IT WILL FACE RESISTANCE 437.5 - 443.2 - 449.5
BELOW 431.2 IT WILL FIND SUPPORT 425.6 - 419.2 - 413.6 BULLISH 431.3
MCX NICKEL { CMP 1146.1} ABOVE 1140.3 IT WILL FACE RESISTANCE 1170.1 - 1191.6 - 1221.4
BELOW 1140.3 IT WILL FIND SUPPORT 1118.8- 1089 - 1067.5 BULLISH 1136.3

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: Technical Outlook For 31st July'14 (JULY DERIVATIVES EXPIRY DAY)

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Om Vigneshwaraya Namah

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