COMMODITY MARKET TRENDS FOR 3-MAY
MOST ACCURATE COMMODITY TRENDS FOR TODAY 3-MAY 2013
GOLD (5 JUNE) TREND: CONSOLIDATE
RES 1: 27200
RES 2: 27500
SUPP 1: 26600
SUPP 2: 26400
STRATEGY: SELL ON RISE
SILVER (5 JULY) TREND: CONSOLIDATE
RES 1:45800
RES 2:45200
SUPP 1:44000
SUPP 2:44500
STRATEGY: SELL ON RISE
COPPER (28 JUNE) TREND: CONSOLIDATE
RES 1: 386
RES 2: 380
SUPP 1: 372
SUPP 2: 368
STRATEGY: SELL ON RISE
CRUDE OIL (20 MAY) TREND: CONSOLIDATE
RES 1:5100
RES 2: 5070
SUPP 1: 4950
SUPP 2: 4850
STRATEGY: BUY ON DIPS
LEAD (31 MAY) TREND: CONSOLIDATE
RES 1: 106.50
RES 2: 105.70
SUPP 1:104.50
SUPP 2: 104.00
STRATEGY: SELL ON RISE
ZINC (31 MAY) TREND: CONSOLIDATE
RES 1: 100.50
RES 2: 99.50
SUPP 1: 97.50
SUPP 2: 97.00
STRATEGY: SELL ON RISE
ALUMINUM (31 MAY) TREND: CONSOLIDATE
RES 1: 99.00
RES 2: 98.20
SUPP 1: 97.00
SUPP 2: 96.50
STRATEGY: SELL ON RISE
NICKEL (31 MAY) TREND: CONSOLIDATE
RES 1: 820
RES 2: 800
SUPP 1: 790
SUPP 2: 785
STRATEGY: SELL ON RISE
NATURAL GAS (28 MAY) TREND: BULLISH
RES 1: 230
RES 2: 225
SUPP 2: 212
SUPP 2: 210
STRATEGY: BUY ON DIPS
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1 comments:
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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