COMMODITY UP DATED : 16TH JAN
Gold : Over all trend is very bullish and continue up side. Shortly it will test 30000 mark in coming days. Strength in ruppe and weakness in dollar continue lift Gold. Holding above 29400 buy on dip strategy continue In Comex holding above $1310 dollar up side open towards 1350-1400 mark.
Silver : 38500 short term botton established and dip to buy side.
Crude : As moving 3 years high and likely up move continue, we are long from the level of 3700 and our all target have been achieved, however, some more steams left. Major resistance in Crude 70 $ if crossover and say be ready for big move as well as our market also.
Natural Gas : Higher level to selling opportunity continue with consider resistance 204-205 range as till not cross successfully with OI, sell side.
Aluminium : Sharp rise seen at lower level but now time to pause with consider resistance 143-143.50 down side break down 139 overall selling likely.
Copper : Trend is bullish and any dip to buy side with consider decent support 450-452 in near term, up side open towards 464 465 watch out.
Nickel : Bullish view continue with stop loss long 780. And up side open towards 850 860 region.
Lead : Near term support 160 range and till then buy on ip strategy.
Zinc : We are bullish above 205 and more added 210. Holding Long.
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