Friday, December 19, 2014

Today's Commodity Market | 19 DEC 2014 | Commodity market live | Market watch

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Today's Commodity Market | 19 DEC 2014 | Commodity market live | Market watch
Gold  (FEB)                        Higher level to sell side… resistance 27300 and support 26700 watch out.

Silver (March)                      Higher level to sell side… resistance 37200-37300 and support are 36500 watch out.

Crude Oil (Dec.)                  Over sold and corrective rally expected. Resistance 3750 – above real move, down side support range 3450-3500. Risk Appetites traders can buy at lower level buy 300-500 points gained.

Copper (Feb.)                       As long as remain below 410 bear favour.. trading below 400  selling opportunity.

Nickel (DEC )                           consider resistance 995-1000 and time for consolidation, wait for further direction in this commodity.

Natural Gas (DEC)                      Strong support 225-228 range as hold time to buy for first target 241, thereafter 250. (Corrective rally indicate due to short covering also)

Aluminium (DEC)                     Below 121  remain hold short position for target 115-114 in near term

ZINC (NDEC)                        Yesterday it has also broken support level, resistance 136-137, remain below 135 down side target 130-128 in short term.  (trade for positional call only)

LEAD (Dec  )                Check what happened below 125…..almost 10 points down and our target 115 have been achieved. (Total gained 1 lacs if trade in 2 lots minimum – Gained in 6 sessions only)


TODAY’S  COMMODITY MARKET  19 DEC 2014 | Commodity market live | Market watch
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