Monday, August 4, 2014

COMMODITY MARKET

Gold   (OCT.)  :           Weakness in rupee will move up side.  Support 28000 and resistance 28300,

Siliver (Sep.)   :         Some support at lower level.  Resistance 45000 and support 44000

Crude(Aug.)  :             Below 5950 selling will intensified  Resistance 6020-6050

Natural Gas(Aug.) :        Some support at lower level…   around 230-232 range

 Copper(Aug.)              Buy on decline strategy…….

Nickel(AUG.)               Trading range 1100 to 1160 watch out.

ZINC  (AUG.)               Support  142-140 till then no problem s for bulls.

ALIMIUM (AUG.)             Hold 120 looks good.

LEAD  (AUG.)    :          Above 134   continue looks good.

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