1. Technical Desk Market Update.

2. Nse Index Major supports violated on near term charts Trading Strategy: Sell on rise Intraday Support : 4956 / 4940/ 4917 / 4864 Intraday Resistance : 5032 / 5052 / 5083 / 5136

3. Bank Nifty Index Major supports violated on near term charts Trading Strategy : Sell on rise Intraday Resistance : 9510 / 9543 /9607 / 9752 Intraday Support : 9340 / 9270 / 9130 / 8999

4. GOLD Sharp cut in price in near term would attract for a technical bounce, whereas Near term trend would still be down, strong support is expected at 28350 Intraday Resistance : 28473 / 28783 / 28846 / 28953 Intraday Support : 28613 / 28573 / 28510 / 28403

5. SILVER Stock is trading very close to its support level, technical bounce could be expected in near term…. Intraday Resistance : 55391 / 55535 / 55762 / 56144 Intraday Support : 54927 / 54783 / 54556 / 54174

6. CRUDE OIL - COMMODITY Near term technical bounce could be expected… Trading Strategy: Buy at dips with a strict stoploss of 5125 Intraday Resistance : 5176 / 5186 / 5201 / 5226 Intraday Support : 5146 / 5136 / 5121 / 5096

7. USD/INR STRONG BREAKOUT SEEN ABOVE 53.90 Trading Strategy: BUY ON DIPS Intraday Resistance :53.90 / 53.98 / 54.20 / 54.38 Intraday Support : 53.68 / 53.50 / 53.20 / 53.00

8. S&P 500 - AMERICA Trend is Positive on charts whereas strong support is expected at 1340; close below this level would attract fresh selling pressure. Best trading strategy would be to buy near support…