Thursday, July 24, 2014

COMMODITY MARKET

Gold   (August)  :        Sell on rise  . resistance 28000-28100 and support 27750 watch out.  (1000 move in either side…) trade with cautious approach .

Siliver (Sep.)   :        Support 44500-44000 and resistance 45200-45500

Crude(Aug.)  :            Hold 6150 buy on decline resistance 6250. 

Natural Gas(July) :       No respite……below 235  sell on rise strategy.

Copper(Aug.)             Decent support. Sell around 429-430 stop loss 433 target 425-421

Nickel(July)              Decent support  1100  - hold, likely bounce back.

ZINC  (July)              Above 141  hold long…..

ALIMIUM (July)            Your stop loss 120 for long position….resistance 122

LEAD  (July)    :         Resistance 133……..

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