COMMODITY MARKET VIEW FOR NEXT WEEK 30TH OCT

 Gold view -

Gold giving weekly closing here at around 1665-75$
Which make a bullish formation candle
Also monthly closing here which is also forming bullish formation
NFP on Friday can also give a positive sentiment to the Gold
Here is one more thing which is important to consider DEEPAWALI season Near and as we see market shows bullish sentiment before this festival

50700 is important zone in gold MCX
We'll see weakness below 50000 level
Currently Gold at 50400


Support zone - 50000 & 49600
Resistance 50700- 51100

SILVER VIEW

Silver view -

Silver also have bullish formation and closing can also be strong here
Similiar in monthly time frame
Also you can see a breakout about to happen on charts
Upper resistance at 19.8$
trend change below 56000

currently at 57050
 

In Silver MCX

Support at 55700-56350

today market analysis won't be available

HOW TO EXIT IN A TRADE

 How To Exit In A Trade
1. Trade According to System and Get Out at 1:1 in 50% qty. and Keep Rest using Trailing Stoploss (use your unfair
advantage of your system)

2.Get out when the stoploss hit and take the loss

3.Get out of the trade when target hit And take the gain

COMMODITY VIEW FOR 2ND JUNE #GOLD #SILVER

 NAMSKAR DOSTO! 

 
1.GOLD - gold comex was bearish side from 1845$ and current view is also short side currently at 1833$, Everything was
 discussed in Video
IMP DATA - NFP on Friday important day for Commodity ISM MANUFACTURING PMI , JOLTS jobs openings today
ADP NONFARMS EMPLOYMENT, INITIAL JOBLESS CLAIMS at 6PM friday
CRUDE OIL INVENTORY at 8:30 AT friday  
support - 1808/1818$
Resistance -1868/1848$
IN MCX GOLD support 50420-50520
Resistance - 51150-50900

2. Silver - silver overall bearish side
support 60500/60200

Resistance - 61300/62100

3.crude - overall is bullish now
support - 8820-8900

resistance 9250

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MARKET ANALYSIS FOR 2ND JUNE #NIFTY #BANKNIFTY

 Namskar dosto! 

1.Nifty- Nifty open at 16594 close at 16522, closing above 16500 is strength sign , in last 2 hours volumes was good
today nifty tried to trap put writers, nifty closes down by 60 points,Shorts side move was already clear in previous video
tomorrow is expiry expecting a directional move in positive side
support - 16450-16500
Resistance - 16700
2.Banknifty - Banknifty also recovered in the end and take support at 35300 , overall banks have strength and view bullish
to sideways
support - 35300
Resistance - 35800
3.Jsw Steel have Strength recovery above 570 we can see upside 600 Target.
4.In midcap & smallcap only some selected stocks are ready for recovery those who showing good Momentum.
5.Defence stocks HAL,BEL are moving good here

MARKET ANALYSIS FOR 31ST MAY #NIFTY #BANKNIFTY

 NAMSKAR DOSTO -

1.NIFTY- NIFTY Open Gapup Today 16506 And close at 16661, 308+ points gain we see, now Nifty positionally buy side
 expecting clear upside move here towards 16850 due to high volatility stoploss management will be tough
support 16500-16400
resistance 16850-17000

2. BANKNIFTY- bank nifty also up 200 points today , which was long from 34750 now profit booking done mostly banks have overall strength here
support 35800-35600
resistance 36200-36850
 
3.US market have holiday today tomorrow will be surprise in nifty

4.Nifty IT also recovering from the bottom lets wait and watch for proper levels , upside 5-10% move possible in IT stocks

5.LT(1660), Reliance(2664),UPL(782),Sbilife(1148),Hdfclife (608) are all have long setup

6. nifty midcap also up 2.42% , nifty small cap 2.24 %

WARREN BUFFETT'S FAMOUS QUOTES ABOUT LIFE, BUSINESS & INVESTING

 WARREN BUFFETT'S FAMOUS QUOTES ABOUT LIFE, BUSINESS & INVESTING

1. Invest in companies you believe in.- “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

2.Price and value aren’t always the same: - Don’t pay too much.“Price is what you pay. Value is what you get.”

3.Be skeptical. If something looks too good to be true - “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”

4.Don’t invest in something you don’t understand. - “The important thing is to know what you know and know what you don’t know.”

5.Don’t buy a stock unless you think it’s undervalued.- “Just buy something for less than it’s worth.”

6.Price dips are an opportunity to increase your positions.- “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

7.Use a bucket, not a spoon.- “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.”

8.Seize an opportunity while you can.- “Don’t pass up something that’s attractive today because you think you will find something better tomorrow.”

9.Stay cool.- “The sillier the market’s behavior, the greater the opportunity for the businesslike investor.”

10.It’s during hard times that the winners — and losers — get exposed.- “You only learn who has been swimming naked when the tide goes out.”

11.Read and think A LOT. Buffett spends the majority of his day — 80% — reading and thinking.- “The best way to think about investments is to be in a room with no one else and to just think. If that doesn’t work, nothing else is going to work.”

12. Follow the rules - “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”

13.Be frugal.-“I have every possession I want. I have a lot of friends who have a lot more possessions. But in some cases, I feel the possession possesses them, rather than the other way around.”

14.“Someone’s sitting in the shade today because someone planted a tree a long time ago.”

15.“Never depend on a single income. Make an investment to create a second source.”