Page 13 - F&o Strategies
Pivot point for MCX Crude at Rs 6,300; Natural Gas Rs 441
On the downside, the MCX Crude Oil futures can re-test its recent low around Rs 5,850-level; whereas, the next support for beaten-down Natural Gas contract stands at Rs 401.
 "Pivot point for MCX Crude at Rs 6,300; Natural Gas Rs 441")
Tech check: Gold to see fresh rally only above Rs 54,400, Silver Rs 68,600
The overall bias for MCX Gold December futures is likely to remain bullish as long as the contract sustains above Rs 53,850, and Silver above Rs 65,950.
 "Tech check: Gold to see fresh rally only above Rs 54,400, Silver Rs 68,600")
Gold futures likely to re-test Rs 55,550; Silver on course to Rs 71,350
The bias for the remainder of December is likely to remain bullish as long as Gold futures trade above Rs 53,850. Meanwhile, near support for Silver is seen at Rs 67,500 - Rs 67,350 levels.
Nandish Shah recommends this F&O strategy in Bank Nifty for 22-Dec expiry
The derivative analyst from HDFC Securities recommends to Buy Bank Nifty 43,500 Call and simultaneously Sell 44,000 Call for the weekly expiry ending on 22-December.
 "Nandish Shah recommends this F&O strategy in Bank Nifty for 22-Dec expiry")
Here's why MCX Crude Oil can crack to Rs 4,800-level; Natural Gas Rs 280
The MCX Crude Oil and Natural Gas futures seem to be placed on a slippery ground on multiple time-frames, as per the charts.
 "Here's why MCX Crude Oil can crack to Rs 4,800-level; Natural Gas Rs 280")
Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate
The MCX Crude Oil December futures could test Rs 7,100-level on the upside as long as the commodity manages to sustain above the 100-WMA support.
 "Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate")
Support for MCX Gold seen at Rs 51,865; Silver may dip to Rs 59,000-level
The Rs 51,865-level is the 20-DMA for MCX Gold, below which the next major support is seen at Rs 51,050.
 "Support for MCX Gold seen at Rs 51,865; Silver may dip to Rs 59,000-level")
F&O Strategy: Nandish Shah recommends Bull Spread on Larsen & Toubro
The derivative analyst from HDFC Securities recommends to Buy L&T 2100 Call and simultaneously Sell 2160 Call of the 29-December expiry.
 "F&O Strategy: Nandish Shah recommends Bull Spread on Larsen & Toubro")
MCX Crude Oil futures likely to consolidate, Rs 6,200 seen as major support
On the upside, the MCX Crude Oil December futures can test Rs 7,200 to Rs 7,400 levels during the consolidation phase.
 "MCX Crude Oil futures likely to consolidate, Rs 6,200 seen as major support")
Strong support for MCX Crude Oil seen at Rs 6,850, Natural Gas at Rs 475
On the upside, MCX Crude Oil November futures can jump to Rs 7,250-level, whereas Natural Gas futures can gain momentum above Rs 510-level.
 "Strong support for MCX Crude Oil seen at Rs 6,850, Natural Gas at Rs 475")
F&O Strategy: Nandish Shah recommends Bull Call Spread on Glenmark Pharma
The derivative analyst from HDFC Securities also recommends buying United Spirits November futures for a price target of Rs 940.
 "F&O Strategy: Nandish Shah recommends Bull Call Spread on Glenmark Pharma")
MCX Gold may scale Rs 53,350 as trend turns positive; Silver eyes Rs 63,725
The near-term support for MCX Gold futures now shifted higher to Rs 52,000-level, whereas Silver futures likely to seek support near 200-DMA at Rs 60,800.
F&O Strategy: Nandish Shah recommends Bull Spread on Hero MotoCorp
The derivative analyst from HDFC Securities recommends buying Hero MotoCorp 2750 Call and simultaneously selling 2800 Call of the November series.
MCX Crude Oil may re-test Rs 7,700 soon; Natural Gas needs to hold Rs 518
On the downside, the MCX Crude Oil futures can decline to Rs 7,110-level. On the other hand, Natural Gas futures are likely to test support around Rs 487-level; the bias remains negative.
Upside for Gold capped around Rs 52,570; Silver to test hurdle at Rs 60,800
The MCX Gold futures are likely to face resistance around Rs 51,135, above which the up move may still be capped at Rs 52,570. Silver futures have failed to sustain above the 200-DMA since late April.
 "Upside for Gold capped around Rs 52,570; Silver to test hurdle at Rs 60,800")
F&O Call: Nandish Shah recommends this F&O trading strategy in Vedanta
The derivative analyst from HDFC Securities recommends buying Vedanta 310 Call and simultaneously selling 330 Call of the November series.
Upside for crude oil capped at Rs 7,700; Natural Gas faces hurdle at Rs 492
On the downside, the MCX Crude Oil futures have near support at Rs 7,205 and Rs 7,027 levels. Meanwhile, if Natural Gas futures sustain above Rs 492, they can rally past the Rs 535-level.
MCX Crude Oil resistance seen at Rs 7,435; Natural Gas faces Rs 515-hurdle
On the downside, the MCX Crude Oil futures have near support at Rs 7,111 and Rs 7,039 levels. Meanwhile, Natural Gas futures likely to get considerable support around Rs 486.
 "MCX Crude Oil resistance seen at Rs 7,435; Natural Gas faces Rs 515-hurdle")
MCX Gold, Silver futures likely to trade rangebound this week
The MCX Silver December futures may re-test the 200-DMA hurdle placed at Rs 60,900 in the near term.
 "MCX Gold, Silver futures likely to trade rangebound this week")
F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech
The derivative analyst from HDFC Securities recommends buying HCL Technologies 1020 Call and selling 1040 Call of the October series.
