Gold : Oct. 30610
Bullish trend and almost from the lower level, it has been
completed its up move and time for consolidation and profit taking likely. Overall
consider support 30500-30600 and once
break sell side, resistance nearly
30700-30800 range in today trade.
Silver :
Dec – 37890
Trading range continue and higher level some profit booking
see. Over all trading range have been
formed at 37000 to 38000 between these line time for consolidation and once sustained
above 38000 it will show real strength,
any weakness to buy side. Now support
watch 37800.
Crude Oil
– Sept 5201
On Friday heavy buying
seen along with decent volume an d able to closed above 5100 mark. However,
Brent crude oil unable to cross their resistance level 80 dollar which is a
strong resistance. Now time to book profit at current level and
re enter again at lower level. Higher level to sell side.
Copper
---Sept 460
We are bullish above 425 and our target 450 + have been
achieved, now consider resistance 465-466
and major up move only above that level……………otherwise good selling
opportunity on intra day basis.
Nickel
–Sept 926
After recovery again
selling pressure seen in market and finally closed at 930. Now consider resistance 945-950 watch out. Lower level to buy side.
Natural
Gas –Sept. 215.50
As we were continue
writing a bullish and any decline to good opportunity to long side. Trend is
bullish with consider support 205-200 range and up side open towards 225.
Trading above 50-100-200 DMA strong bullish signals. Today resistance 221-222 watch out and
reversal to sell side on intra day basis.
Aluminum –Sept. 148
Some recovery seen from a lower level and almost made a low
last week 144 mark. Now higher level
resistance and supply zone is 150-152 range once successfully stay above, it
will move like rocket. Above 152 any short will be danger or keep a stop loss
152 to sell side.
ZINC
- Sept.
186
Very bullish trend
with consider support 177-180 range and decline to buy side, upperside
target 193-200-203 likely as hold support level. Today support 182-183 range.
LEAD – Sept. 144
Smart recovery from a lower level and almost good bounce back
seen. With consider support 145 and
resistance 152 watch out in near term. Now time to sell side.
Call- 9301302732-9630466296-9009932996
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