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.



No comments:

Post a Comment