Friday, 11 July 2014

Commodity Alert:

Will keep updating....

Maintain following Trailing SL and stay on buy side....and buy more at following levels

All Targets are valid and sure....If not in current contract then next and next contract.....capacity traders can keep buying in next contracts when you see same buying levels in current contract ... all SL on daily closing basis.....any query please call.....

Gold : Buy more 28030-27970 SL Below 26500 TGT 28900, 29030, 34000, 37000, 40000++ and more ( Corrected to Buy More  27105 - 26800)

Silver : Buy more 45560-45700 SL Below 44000 TGT 46900, 47900, 50500, 70000++ and more ( corrected to buy more 44100-43900 )

Copper : Buy more above 430 SL 420 TGT 444, 450, 495, and may be 523++ ( can confirm 523 once break 512.65 )

Aluminium : Stay Buy on dips above 112.50 SL below 112 TGT 117, 121.9 123, 125.7++

Lead : Stay Buy on dips above 129 SL 127 TGT 134, 137, 141++

Zinc : Stay Buy on dips above 134 SL 133 TGT 137, 148++ and more if and when break 143

Nickel Stay Buy on dips above 1140 SL 1136 TGT 1200, 1280, 1323++ ( if and when break 1285)

Crude : Stay on Buy side above 6000 SL 5600 TGT 6400, 6600, 7200 and more from there it may reverse to all time low....( CORRECTION : DON'T BUY AT THIS LEVEL SINCE CLOSING ON 11 JULY 2014 IS NOT STILL FAVORABLE FOR BUYING....PLEASE BOOK ALL BUYING POSITIONS ....AND WAIT FOR NEXT CALL)

NG : May go till 345....But main trend is negative ....with SL 420 keep selling at every Rs. 25 rise for TGT 240, 220, 180
 But one can buy above 241 SL 236 TGT 260, 289, 305, 317, 345.....

(CORRECTION 12 JULY 2014 - DON'T BUY NG NOW TILL IT SUSTAIN ABOVE 254.50 ON WEEKLY CLOSING BASIS SINCE IT HAS FAILED TO SUSTAIN ABOVE 254.50 ON WEEKLY CLOSING BASIS....NOW WATCHOUT FOR BREAKOUT BELOW 245.30 FOR DEEP DOWN TGT NEAR 221, 216.10)