Monday, January 27, 2014

COMMODITY CALLS FOR 27.01.2014

GOLD

Positional Suggestions:

Gold traded in expected range and able to close above 29500.  Our sell call near 29500 and sl of 29620 got triggered. If it able to trade above 29175then we can expect this upmove will continue till 30300. We suggest buy on dips with closing sl at 29175.

Intraday Suggestions:

Buy above 29550 Target 29615,29640 SL 29515
Sell below 29390 Target 29315,29260 SL 29435

SILVER

Positional Suggestions:

Silver has traded exactly as per our expected range and given good profit on our sell call. Sell traders can book partial profit at this point and keep trailing Stops at cost and wait better targets like 44200 and 43600.
On the other hand if it able to trade above 45800 then we can expect a good upmove upto 46800. So sell traders should maintain still sl.

Intraday Suggestions:

Buy above 45190 Target  45260,45340 SL 45010
Sell below 44650 Target 44420,44140 SL 44780

CRUDEOIL

Positional Suggestions:

Crudeoil is trading in exactly verymuch in line of our expectation and giving good profit on our buy call. We maintain our view that it will face small resisitance at  6170 and some profitbooking will put it to  6005 again. We suggest to book profit near 6150 and wait for further clear directions.

Intraday Suggestions:

Buy above 6135 Target 6165,6195 SL 6108
Sell below 6108 Target 6080,6060 SL 6135

NATURAL GAS

Positional Suggestions:

Natural gas has given good profit of our buy call  and our sell call has triggered. We strongly believe that this upmove will come to an end between 320 to 325. Sell traders can keep their positions and wait for the target of  288 and 270.

Intraday Suggestions:

Buy above 320.5 Target  323.8, 324.8  SL  318.2
Sell below 311.5 Target   308.2,301.5 SL 313.5


COPPER

Positional suggestions
Copper is trading in the same range. We maintain our sell call with the closing sl at 460 for the target of  441 and 428.5

Intraday Suggestions

Buy above 454.5 Target  457.85, 459.20 SL 451.9
Sell below 451.90 Target 447.85, 445.85 SL 454.5

NICKEL

Posistional Suggestions:

Nickel is finding difficult to break the near term resistance of 915. At the same time it is not falling in the expected speed. So sell traders should keep tight closing sl at 915 and wait for better targets.

Intraday Suggestions:

Buy above  915 Target  919.2,922.5 SL  912.5
Sell below 908.5 Target  903.2, 896.8 SL 912.5



Friday, January 24, 2014

COMMODITY CALLS FOR THE DAY 24.01.2014

GOLD

Positional Suggestions:

Gold is trading in the same expected range but able to have good come back and have a highest close in recent trading sessions. We still believe that it has to trade and close above 29550 and 29620 to confirm directions. Aggressive  positional traders  can sell near 29500 with Double  SL at 29620 for the target of  29120 and 28850.

Intraday Suggestions:

Buy above 29380 Target 29460,29520 SL 29350
Sell Below 29350 Target 29285,29242 SL 29380

SILVER

Positional suggestions:

Silver traded in expected direction but able to make smart recovery from the said small support level of  44140 which is against our expectation. We can expect that this will trade only in the range of  45800 to 43600. Aggressive traders can buy sell near 45500 with SL  at 45800 and wait for better targets.

Intraday Suggestions:

Buy above 45200 Target  45420,45520 SL 45000
Sell below 44880 Target  44740,44680 SL 45000

CRUDEOIL

Positional Suggestions:
Crudeoil is trading very much in line of our prediction and moving towards our target of 6170 and 6270. We can expect some profitbooking  at these levels. Long traders can book profit at 6170 and wait for better highs to sell.

Intraday Suggestions:

Buy above 6112  Target  6142,6160 SL 6094
Sell below 6094 Target  6055,6030 SL 6112

NATURAL GAS:

Positional Suggestions:
Natural Gas is trading exactly as per our prediction and given reasonable profits for our buy call. This trend may get reversed any moment between  315 to  320. Long traders should book profit and use trailing stops at 300. Agressive traders can wait and sell near 311 with closing Sl at 320 and wait for better targets.

Intraday Suggestions:

Buy above 306.2 Target 309.4,311.8 SL 304.2
Sell Below 291 Target  287.2,285.8 SL 294.2

COPPER

Positional Suggestions:

Copper has broken its near term support of 452 able to close little above 452.  But we believe if  it not breaking 460 with good volume then it  will godown to 440.5 and 428.Sell at every high with Closing sl at 460.

Intraday suggestions:

Buy above 454.65  Target  457.85,459.2 SL  451.90
Sell below  451.90  Target  447.85,445.85 Sl 454.95

NICKEL

Positional Suggestions:

Nickel is trading exactly as per our prediction and facing stiff resistance 915.  Sell traders can hold their short with closing sl at 915 for the target of  882 and 860.

Intraday Suggestions:

Buy above 908.5 Target 911.5,914.5 SL  905.3
Sell below  905.3 Target  901.2,896.5 SL 908.5

Note: Please be Strict on Stop Loss.







Thursday, January 23, 2014

COMMODITY CALLS FOR 23.01.2014

GOLD
Positional Suggestions:

Gold is trading in the same range. We maintain our sideways view and suggest to avoid any open positions till it closes above 29550 or below 28720.

Intraday Suggestions:

Buy above 29208 Target 29260,29285,29310  SL  29150
Sell below 29120 Target 29060,28990  SL  29150

SILVER

Positional Suggestions:

Silver is trading exactly trading as per our prediction and giving profit on our sell call. Our intraday Sell target is the low of the day. There is a small support at 44140. We manitain our sell call for the target of 43600.

Intraday Suggestions:

Sell below 44330 Target 44200,44150  SL  44480
Buy above 44480 Target  44600, 44720 SL 44330

CRUDEOIL

Positional Suggestions:

Crudeoil  is trading as per our bullish prediction and  moving towards 6170 and 6270.  This will continue till it trades above 5910. So we advise not sell but to buy on dips with closing sl at 5910 for the target of  6170 and 6270.

Intraday Suggestions:

Buy above 6025 Target 6063,6105 SL  6001
Sell below 5980 Target 5940,5920 Sl 6001

NATURAL GAS

Positional Suggestions:

Natural gas is in clear bullish mode and we can expect it to travel 320.  This trend will continue till  it trades above 280.  We suggest by on dips with closing sl at 277.5

Intraday Suggestions:

Buy above 290.5 Target 294.2,297.8 SL 289.30
Sell below 280 Target 277.5,274.5 Sl 282.5

COPPER

Positional Suggestions:

Copper is trading in range between  462 to 452. Any break below 452 will take it to  428 levels. Its medium term trend is turning towards negative we suggest not to buy at this point but to wait and sell near  460 with closing sl at 463 and wait for better targets.

Intraday suggestions:

Buy above 462.2 Target  466.8,468.5 Sl  457.7
Sell below 456 Target  453.2,449.8 Sl 457.7

NICKEL


Positional Suggestions:

Nickel is trading with bullish mode and we believe that it needs to break and close 915 with good volume. We expect some profit booking and  to touch 885. Sell with the closing sl at 915 for the target of  885 and wait for better lows like 860.

Intraday Suggestions:

Sell below 912 Target  905.8,899.2 SL  915
Buy above 915 Target  919.8,922.5 SL 912

Note : Please  strictly  maintain  SL.






Wednesday, January 22, 2014

COMMODITY CALLS FOR THE DAY

GOLD:
Positional Suggestions:

Gold is  Trading in very narrow range with thin volume. We Suggest not to have any open position till it close above 29550 and  below 28720.

Intraday Suggestions:  

Buy above 29390  Target 29495,29510 Sl 29310
Sell below  29310 Target 29210,29180  SL 29390

SILVER

Positional Suggestions:

Silver is trading between 45800 to 42500 for the past one month. We believe that this will continue for another month. Positional Traders can sell with closing sl at 45300 for the target of 43600 and 42600.

Intraday suggestions:

Sell below 44480 Target 44200,44050 SL 44660


CRUDEOIL

Postitional Suggestions:

Crudeoil in bullish mode and break above 6000 will take it to 6170 and 6270 Levels. Any way some profitbooking at these levels can be expected. So positional traders should wait and sell near  6200 for better profit.

Intraday Suggestions:

Buy above 6000  Target  6090,6150  SL  5950.
Or
Sell Below  5910 Target 5850,5840  SL 5910

NOTE:  Please be Strict on SL for intraday  Suggestions.  Try only once in either directions.