MCX Bulldex Report for 21st September 2020

By: Admin
37374

Insignia Consultants

New Delhi

Monday, September 21, 2020 TIME 9:07 AM IST                          

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MCX Bulldex Report

There will be very sharp two way price moves in MCX Bulldex today. One needs to trade very carefully.

September 2020 future: (previous day close/CMP Rs.16122.00)

Support: 15935-15975-16008-16041-16080

Resistance: 16177-16212-16276-16357-16422

View: Bulldex can rise to 16285 and 16358 today as long as it trades over 16054. Bulldex will crash only if it trades below 16054.

Buying Strategy: Buy bulldex if it trades over 16154 stop loss 16122 for 16212 and 16276.

Selling Strategy: sell bulldex only if it trades below 16081 stop loss 16122 for 16008 and 15935.

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Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading.Website www.insigniaconsultants.in. Prepared by Chintan Karnani

Disclosure: Members, employees, directors, clients and all other people associated with “Insignia consultants” do trade in MCX metals and energies. They may or may not have positions on the trading strategies mentioned in this report. They may also have open positions in MCX metals and energies futures in trading strategies other than those mentioned in this report.

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED

APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

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