Commodity
Market out look for 17th Feb.
|
Script
Name
|
Trend
|
closing price
|
Recommendations
|
||
|
Gold (April)
|
Up
|
29416
|
Momentum continue as long as hold 29200 mark.
|
||
|
Silver (March)
|
Up
|
43010
|
Trend is positive with consider support 42900
|
||
|
Crude(March)
|
Up
|
3624
|
Now closed above 3600 more
up side,
|
||
|
Copper(Feb)
|
Up
|
402
|
Buy on decline strategy continue. Consider support 395 and
resistance 405-406
|
||
|
Natural
Gas(Feb)
|
Down
|
192.60
|
Unable to hold 200 DMA, more panic in
coming days an not be ruled out
|
||
|
Aluminum(FEB)
|
Up
|
127
|
Trend is positive as remain above 122.
|
||
|
Lead
(FEB)
|
Up
|
153.35
|
As long as hold 152 buy
on dip strategy. Resistance at higher
level 160 162
|
||
|
Zinc
(FEB)
|
Up
|
192
|
Time being resistance 195 and support 189 watch out break this
range will move faster
|
||
|
Nickel
(FEB)
|
Side
Way
|
740
|
As long as price trading above 710, buy o dip strategy continue
|
||
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