Nifty
As we predicted in our earlier report that, Nifty may fall till 7800 if it maintained below 8050 levels it did the same. For the current week, as seen from the chart, Nifty is trading below its crucial trend line resistance i.e 8020 levels and below H/S neckline level i.e at 8050. Hence, any buying position only going to initiate if it crosses 8070 levels, below that Nifty may fall till 7860-7780 levels.
Silver
Silver formed a very crucial support at 34500 levels and resistance at 35130. Both these levels will decide the future trend of the price. We assume silver might trade with a positive bias till its above resistance 35180 and above 35200 it might rise till 35800-900.
Crude
Again Crude traded in a very small range of 120 points. Above 3100 and below 2930 is a very crucial range to decide the next coming move. we advice to go long near 2930 levels for the 3030-3100 target.