Mcx and Nifty trading calls

A good day for our Mcx tips subscribers and nifty calls subscribers . We asked them to sell silver and NF future today . Both cracked and our trading calls targets achieved . Here is what we asked our subscribers to trade today .

Sell silver future at 47060 with stoploss of 47260 for target of 46800

Sell nifty future at 8571 with stoploss of 8611 for target of 8527 .

Both trading calls achieved target and our subscribers booked profit accordingly . Currently market trading beneath our targets .

NF has a good support at 8480. If market break and sustain below 8480. Then expect good pressure in NF future till 8450- 8420.

Resistance in nifty future stands at 8550. Once market break and sustain above 8550. Then expect good rise in nifty till 8590- 8620.

Silver support stands at 46720. If market break and sustain below 46720. Then expect good pressure in this precious metal till 46510- 46300.

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By marafat