COMMODITY MARKET TRENDS FOR TODAY 25-APRIL 2013
COMMODITY MARKET TRENDS FOR TODAY 25-APRIL 2013
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GOLD (5 JUNE) TREND: CONSOLIDATE
RES 1: 26550
RES 2: 26800
SUPP 1: 25250
SUPP 2: 25000
STRATEGY: BUY ON DIPS
SILVER (4 MAY) TREND: CONSOLIDATE
RES 1:43500
RES 2:44200
SUPP 1:43750
SUPP 2:44800
STRATEGY : BUY ON DIPS
COPPER (30 APR.) TREND: CONSOLIDATE
RES 1: 383
RES 2: 390
SUPP 1: 374
SUPP 2: 370
STRATEGY: BUY ON DIPS
CRUDE OIL (19 JUNE) TREND: BULLISH
RES 1: 5000
RES 2: 5050
SUPP 1: 4920
SUPP 2: 4850
STRATEGY: BUY ON DIPS
LEAD (30 APR.) TREND: CONSOLIDATE
RES 1: 111.2
RES 2: 112.5
SUPP 1:109.4
SUPP 2: 108.0
STRATEGY: BUY ON DIPS
ZINC (30 APR.) TREND: BULLISH
RES 1: 102.8
RES 2: 103.6
SUPP 1: 101.2
SUPP 2: 100.5
STRATEGY: BUY ON DIPS
ALUMINUM (30 APR.) TREND: CONSOLIDATE
RES 1: 102.6
RES 2: 104.0
SUPP 1: 101.7
SUPP 2: 101.2
STRATEGY: BUY ON DIPS
NICKEL(30 APR.) TREND: CONSOLIDATE
RES 1: 830
RES 2: 845
SUPP 1: 815
SUPP 2: 800
STRATEGY: BUY ON DIPS
NATURAL GAS (25 MAY) TREND: CONSOLIDATE
RES 1: 233
RES 2: 236
SUPP 2: 228
SUPP 2: 224
STRATEGY: SELL ON HIGHS
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US dollar demand from importers will take the already weak Indian rupee towards 61.70-61.80 levels. Rupee breached previous low of 61.21/USD in early trade on Tuesday. sureshot mcx tips
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