Monday, April 10, 2017

Commodity Market out Look for 10th April 2017

Over all trend is bullish but market on correction state and  Strength of ruppe a big problem in Gold and Silver inspite of that showing strength in Comex.

Gold  :    After sharp rise, time to profit booking.  Consider resistance 29000-29250 range.
Silver……..Below 42000  ready for big correction and sell on risestrategy.
Crude………..Trend is bullish and holding with stop loss 3300
N Gas.  Consider support 200-205 range as long as hold these level up move continue in the market.
Aluminum……….Holding 122-1233  bullish view intact.
Copper………… Decent support 370…..      break and trade below more down side.
Nickel……………Near to strong support, break and closed below target below 600.
Lead……………..We are bearish below 152 and almost gained 9 points.
Zinc……………Clear selling visible in this counter below 182…

For Subscription Call
9630466296-9203901698

1 comment:

  1. • Petronet LNG signs $1billion agreement with Bangladesh to setup LNG terminal.
    • Tata Motors global wholesale sales rise 9% in March 2017.
    CapitalStars

    ReplyDelete