Commodity Alert

Gold : Above 26450 stay long
Silver : Buying zone 38000 to 39000....buy on dips

Copper : above 412 stay long
Lead : Above 125 stay long

Crude buy above 5710

Important Commodity Alert

Positional Traders Only

Gold : If fail to hold 26700 levels ( trade below 26700 for 1 Hour ) then next target 26150- 26119 ....buy only @ 27160

Silver : Below 38700 next target 32634....Buy only above 42400

Aluminium : Sell below 117.30 TGT 112

Lead : If break support of 124.40 ( now or whenever) TGT 101.85 (Buy above 128 only)

Zinc : below 137.60 TGT 129.60

Copper : below 414 TGT 394

Nickel : heading for TGT 1017 and then 980 minus

Crude : If fail to hold above 5810 on daily closing basis then down TGT 5437 otherwise up TGT 6400

NG : If fail to hold above 248 then down TGT 221-219, Above 248 TGT 254-261

Aluminium above 119.30 TGT 121

NG Alert

NG above 238.80 target 245+

Silver Alert

Long term Investors buy  Silver till 38000....

COPPER ALERT

Watch 412 level....If fail to hold above it ....TGT 410, 409, 404

Aluminium Alert

Aluminium can bounce back from 118.25-117.95 levels till 121+ levels....and more up....If the month close below 120.50 we will change our view towards negative and we can see down trend in comoing months....

120.50 on Monthly closing basis is a crucial level....

Gold - Silver - Crude Alert

Now next target for Gold 25940 and Silver 39275.....

These can be good levels for long term positional traders to buy. We may see sharp recovery from these levels.....SL and Targets to paid customers only.....

Maintain strict SL at these buying levels.....

Crude - watch 5520 levels as break down below this can take crude to 5420-5395 levels from where we can see sharp recovery again.....

Gold and Silver Alert:

Gold till it remains above 26900 on daily closing basis it is strong....But if it trades below 26900 with volume then we may see Gold droping till 26400-26300-26000 levels...

Silver above 41000 on daily closing basis is still strong but if it trades below 41000 with volume we may see silver drop till 40760 and then 40200-39200 levels....

For long term investors again 39200-38000 levels are good levels to accumulate and hold.....

Silver Alert :

We have started accumulating Silver from 41800 levels for TGT 42800, 43930 and may be above

Base Metals:...

Positional Traders:.....Following is active till TGT are achieved

Zinc : Buy till 141.60 TGT 147+
Lead : Buy till 130.60 TGT 136+
Aluminium: Buy Till 123 TGT 130+
Nickel Buy till 1180 TGT 1235+
Copper: Buy till 423 TGT 438-442+

Bullions buy as per your capacity....

Buy till 27000 and below as per your capacity TGT 28000-30000
Silver buy above 42000 TGT 46000-48000 and above

Crude : Sell on rise till 5850....TGT 5450 and more low
NG: accumulate till 224.50 TGT 238+....( one can sell on rise till 250 TGT 190 and more low)

Commodity Overview

Keep visiting this page as I will keep updating 

UPDATED on 7 Sept 2014

For positional Traders only:

Our UP targets for Base Metals, Bullion and energy are still intact but retracements are not ruled out....Small and intraday traders are advised to keep strict SL and trade in small lots.....wait for firm breakouts on either side....All commodities are trading at critical levels (All low of last week). It can either bounce back or may change the trend to down side....My opinion is it will bounce back...


Nickel as have told many times is heading towards 1200+ wait for breakout above 1190....

Aluminium : Till it is surving above 123 on daily closing basis it is strong......watchout for break out at 127.25 for new high near 130-131.50.......below this we can see targets of 122.50 or more low till 118-117...

Lead : Till it is surviving above  132.50 it  is strong....Break out at 135 can take it to new high.....below 132.50 on daily closing basis we may see targets 130.60 or more low till 127.10

Zinc : Above 144 it is strong ....watch out for breakout at 145.50.... we can see targets near 148-152....Below 144 next support is near 141.50 levels....

Copper: Above 423 it is strong checkout for breakout at 431 for targets near 442+ and then above 443 our TGT is 502 and below 423 next support is at 421-420 levels , if breakout below 420 then it can drop down till 416, 414, 410 levels........Below 414 on weekly closing basis Copper is very weak and can drop down till 345 levels

Gold and Silver : Our trailing SL Gold 27500 and Silver 42000 got hit and exited with profits...We are now waiting for right level to buy for much higher targets....Bullion are consolidating and making base for next move....Gold in given situation below 27250 can drop till 27000 - 26900 - 26670 levels...Silver below 42000 can drop down till 40260 levels....

We are using this drop/ Levels to accumulate Base Metals, Gold and Silver for much higher targets....If Base Metals, Gold and silver trade below above levels with volume then we will change our view to negative side...

Crude : Till it is trading above 5600 it is strong and it is weak only below 5600 on daily closing basis........and can drop down further Rs. 500 or more

NG - As mentioned earlier is weak below 228 only on daily closing basis.........Below 224 NG is very weak.....

NG - We will be accumulating NG at 224.50 for up targets

If breakout below 224 then we will change our view to negative for targets near 185

Buy NG near 232 SL ??? TGt 239

Gold & Silver Alert :

Gold below 27500 is weak ( can go till 27145, 27050)....for short term...Positional buyers maintin Strict SL 27500 on daily closing basis

Silver below 42000 is weak....for short term....positional buyers maintain strict SL 42000 on daily closing basis

Wait for fresh buying.....

Commodity alert

Positional Buyers: Our Targets revised to following

Base Metal Targets,,,,,

Aluminium - 129+
Lead - 140+
Zinc - 150+
Copper - 444 +

Silver - 47000+
Gold - 29000+

Crude : 5950+

Base Metals Alert: Keep strict trailing Stoploss....we have modified our trailing SL for Lead to 134 on daily closing basis....other metals SL ???