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COMMODITY MARKET TRENDS FOR TODAY 18-JUN 2013

COMMODITY MARKET TRENDS FOR TODAY 18-JUN 2013 BY The Equicom Financial Services

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GOLD (5 AUGUST) TREND: CONSOLIDATE
RES 1: 28200
RES 2: 28340
SUPP 1: 27570
SUPP 2: 27400
STRATEGY: SELL ON HIGHS

SILVER (5 JULY) TREND: CONSOLIDATE
RES 1: 44630
RES 2:45850
SUPP 1:42570
SUPP 2:42200
STRATEGY: SELL ON HIGHS


CRUDEOIL (19 JUNE) TREND: CONSOLIDATE
RES 1:5700
RES 2: 5730
SUPP 1: 5515
SUPP 2: 5450
STRATEGY: BUY ON DIPS


NATURALGAS (25 JUNE) TREND: CONSOLIDATE
RES 1: 228.30
RES 2: 230.80
SUPP 1: 214.00
SUPP 2: 210.00
STRATEGY: SELL ON HIGHS


COPPER (28 JUNE) TREND: BEARISH
RES 1: 416.00
RES 2: 427.30
SUPP 1: 404.00
SUPP 2: 392.00
STRATEGY: SELL ON HIGHS


LEAD (28 JUNE) TREND: BEARISH
RES 1: 123.90
RES 2: 125.80
SUPP 1:120.40
SUPP 2: 118.00
STRATEGY: SELL ON HIGHS 


ZINC (28 JUNE) TREND: BEARISH
RES 1: 108.20
RES 2: 110.40
SUPP 1: 105.10
SUPP 2: 103.40
STRATEGY: SELL ON HIGHS


ALUMINIUM (28 JUNE) TREND: BEARISH
RES 1: 108.00
RES 2: 109.20
SUPP 1: 103.50
SUPP 2: 100.70
STRATEGY: SELL ON HIGHS


NICKEL (28 JUNE) TREND: BEARISH
RES 1: 840.00
RES 2: 855.00
SUPP 1: 810.00
SUPP 2: 787.70
STRATEGY: SELL ON HIGHS 
 
 
 

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2 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

6 August 2013 at 15:47 comment-delete

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5 May 2014 at 17:13 comment-delete

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