Thursday, November 25, 2021 TIME 12:49 PM IST
Trend bullish for Bulldex and Metldex and neutral for Energydex. USA is closed today.
Bulldex 24th December 2021: (CMP Rs.14227.00) Daily Support/Resistance: 14044, 141421 & 14336 INTRADAY VIEW: (a) Bulldex has to trade over 14177 to rise to 14501. (b) It will crash if it trades below 14559 till tomorrow to 14177 to 14101 and 13967.
Metldex 22nd December 2021: (CMP Rs.17180.00) Daily Support/Resistance: 16994 & 17254 INTRADAY VIEW: (a) Metldex can rise to 17430 today as long as it trades over 16994. (b) Metldex will crash only if it trades below 16994
Energydex 8th December 2021: (CMP Rs.6102.00) Daily Support/Resistance: 6070 & 6188 INTRADAY VIEW: Energydex has to trade over 6070 to rise to 6253 and 6377. There will be technical breakdown if it trades below 6070 to 6005.
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.
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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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