Gold : Oct. 30842
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 any
weakness to buy side, once stay above 31000
it will show real move.
Silver :
Dec – 37865
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.
Crude Oil
– Sept 5275
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. We are bullish above
5100 and more added and almost made a high
5300. Buy on decline strategy.
Copper
---Sept 459
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……………
Nickel
–Sept 930
After recovery again
selling pressure seen in market and finally closed at 930. Now consider resistance 945-950 watch out.
Natural
Gas –Sept. 221.50
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. Buy and Buy
Aluminum –Sept. 147.40
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.
ZINC
- Sept.
183.50
After a long time, it has shown smart recovery last week and
almost added 18 points which was a remarkable .
Already closed above 180 mark and last and finally resistance 185, once
stay above more up side and buying on card. However, it has still below long
term moving average such as 100-200 DMA , once stay above it will show real
move. At present near to resistance zone and watch
out closely.
LEAD – Sept. 147.50
Smart recovery from a lower level and almost good bounce back
seen. With consider support 145 and
resistance 152 watch out in near term.
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