Thursday, July 10, 2014


Gold   (August)  :         Today resistance 27800-28000, down side support 27350, once break free fall towards 27000-26500. Close watch budget proposal regarding import duty.

Siliver (Sep.)   :         Strong support  44000-44200, intra day weakness to buy side, resistance 45000.

Crude(July)  :             Higher level to sell side.

Natural Gas(July) :        Sell on rise strategy, resistance 255-260.   Remain below major weakness likely and big fall cannot be ruled out.

Copper(Aug.)              Short term negative bias, resistance 435-438.  Support 430-425-420

Nickel(July)               Buy on decline strategy consider support 1100-1110 for target 1190-1225 and above.  ZINC  (July)

                           Trade and sustained above 135 looks good for target 140 and above.  Time to long side with tight stop loss. ALIMIUM (July)         Above 115 bullish view.

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