3MTEAM COMMODITY MARKET UPDATES & MARKET TREND & LEVEL 2015 |
Commodity Expiry Last Closed Trend Recommendations
Gold 5 Augst 24715 Down Sell on rise – remain below 25200 bear favour,
Silver 4 Sept 33915 Down Sell on rise – remain below 34500 bear favour
Crude 30 Aug 3115 Sideways Sell on rise, stop loss 3300 target 3000-2800 short term
Nat. Gas 28 July 181 Sideways Today resistance 184-185, trading below 179 sell side
Copper 31 July 338 Down Selling continue…..target 330
Aluminum 31 July 102.15``` 106.90 Support broken – time to sell
Nickel 31 July 727 Sideways Hold 750 likely trend change watch out. Otherwise sell
Zinc 31 July 126.40 Down Below 130 time to sell side.
Lead 31 July 110 Down Below 113 selling continue
USD INR July 63.78 Down Sell on rise – remain below 64 it will show strength
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