Monday, September 16, 2013

COMMODITY MARKET


Silver  (Dec )               Sell on rise  – Resistance 52000-53000 and support 49000 – Below 54500 target 45000 in coming days.

Copper(Nov)               Support 450-455 range.  Resistance 465-467 

Crude(NOv)          Below 7000  bear favour.  Resistance 7150-7200 remain below sell side. >

Natural Gas(Nov )            support 230-225 and resistance 240-242 >

Nickel (Nov )         If not break 863 corrective rally likely towards 920 + 

 ZINC      -   Resistance 119.50 and support are 117.
Aluminium   –   Major support 114 and support are 112 watch out.

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