Latest Post

Gold Re-testing breakdown level


Gold corrected towards 1282 post the range breakdown. Currently, it has witnessed a bounce from 1282 and has re-tested the breakdown level. On the way up, the index has multiple resistances at 1305 – 1317 zone. In Friday’s trading session, the yellow metal touched 20 DMA and closed lower. The yellow metal can start its next leg of down move towards 1282 and subsequently towards 1260, if it fails to close above 1317. Traders must keep a close watch as it is trading around the resistance zone. The daily momentum indicator is bullish.
  Gold Re-testing breakdown level

Gold was trading in the range of 1300 – 1366 since the past many weeks. However, in the previous week, the yellow metal broke the range on the downside. Therefore, the trend has turned bearish. On the way up, 1300 – 1317 will act as resistance in the near term. Rise towards the resistance level shall be considered as a selling opportunity. On the way down, the yellow metal is likely to drift lower towards 1275 – 1260 level in the forthcoming trading session. The daily momentum indicator is bearish.


Adjacent chart shows price movement of MCX Lead continuous contract. Lead is witnessing a pullback of its previous fall. Currently, it has retraced 50% of its previous fall. If it sustains above 161.90, then the pullback can extend higher towards 164 – 167.85 in the forthcoming trading sessions. On the way down, 157.65 – 154.25 will provide support. A break below 154.25 will indicate then the pullback is over and next leg of down move is likely start. The daily momentum indicator has turned bullish.

On the weekly chart, silver is consolidating in a triangle pattern. Currently, it has touched the lower end of the triangle and has bounced back. On the way down, 16.30 – 16.04 will be a crucial level in the near term. On the way up, 16.98 – 17.26 will be crucial resistance. A breakout from the triangle will determine the trend of the white metal going forward. However, we believe the white metal should break out on the upside. Therefore, we remain bullish on silver as long as it does not close below 16.04. The weekly momentum indicator is bullish.

Zerodha Account - Key Points to Take Care
Thanks for your interest
Please Register your Name, mobile and email Id below form on priority before sharing it with anyone else.
Dont share your Mobile, EMail id and PAN number with anyone untill you register on this page successfully, dont even call the customer care / local branch
Your account will be opened under only when you register successfully your name, mobile and email id on this page.
You must mention same mobile and email id on your forms and envelope that you register here. Dont write any different / alternate number on your forms / envelope. Doing so may not open your account under

How to open a trading account on Zerodha?

To open a trading account with Zerodha register your contact details through below form
Don`t share your Mobile, E Mail id and PAN number with anyone until you register on this page successfully
Zerodha Representative will contact you on your mobile and assist with the process

How to open a trading account on Zerodha?

  • Register your contact details here
  • Zerodha representative will contact you and assist with the process
  • or Simply download and fill forms
  • Send Forms to Zerodha

Why trade with Zerodha? Because Zerodha Offers…

Reduced Brokerage:

  • Rs 20 or .01% / .1% whichever is lower per executed order
  • No upfront fee or turnover commitment
  • No special penny stock brokerage or minimum contract charges
  • Zero brokerage for delivery trades
  • Same pricing for Equity, F&O, Currency, and Commodity across all exchanges

Account Charges:

  • Trading Account Opening Charges ( one time) – Nil
  • Demat Account opening Charges ( one time) – Rs 300
  • Trading Account Maintenance Charges (AMC) – Rs 0
  • Demat Account Maintenance Charges (AMC) – Rs 300 per year

Multi-device platforms:

  • Desktop, web, and mobile trading platforms
  • HTML5 platform
  • Next Generation trading platform: PI
  • Amongst few brokerages with multi-datacenter disaster management infrastructure for safety, speed, and reliability.
  • Useful trading tools such as Margin calculator
  • Live streaming of quotes
Checkout the Pi platform features in the below video.

Support Features:

  • Interactive portal to reply to all users queries
  • They will let you trade in peace. No unnecessary phone calls to bother
  • Large support team available on email, phone and chat
  • Call-n-trade is very efficient and easy to use

Zerodha important links:

Author Name

Contact Form


Email *

Message *

Powered by Blogger.