COMMODITES CALLS FOR 20.02.2014

GOLD

Positional Suggestions:

Gold is giving good profits for Long traders and will cointinue to be in the bullish mode till it trades above 29550 on the medium term that is for another two three weeks. There may be some intraday declines please avoid Positional Sell trades till it trades above 29550. Buy on dips with closing sl at 29550 for the target of  30480 and 30900  (  Holding period  3 Weeks)

Intraday Suggestions

Buy above 30035 Target 30095,30130 SL 29975

Sell below  29975 Target 29915,29840  SL 30035

SILVER

Positional Suggestions

Silver also giving good profit for long traders and  will go up to  49150. But this will happen only if it trades above 47400. Any decline below 47300 will put it to 46700 and 45700. Positional  Long Traders  should keep tight SL at 47400 for their existing positions.  Buy on dips with tight closing SL at 47400 for the target of  49150.

Intraday Suggestions:

Buy above 47900 Targert 48050,48180 SL 47750

Sell below 47750 Target 47540, 47400 SL 47900

CRUDEOIL

Positional Suggestions:

Crude oil will trade in bullish mode and we can expect it to continue till 6480 and 6535.  It is having good support at 6270.  Buy on disps with closing sl at 6270.

Intraday Suggestions:

Buy above 6418  Target 6470,6490 SL 6385

Sell below  6385 Target 6345,6320 SL 6418

NATURAL GAS

Positional Suggestions:

Natural gas is travelling in a rocket and has become darling for long traders and nightmare for sell traders. But  long traders should understand  that a ball thrown on air will not be on the sky for ever.  We believe that it  will face good resistance at  400-420 levels.  We may expect it to come down till  311 and 290 from these levels. Long traders should keep strict sl at 360 levels. Agressive traders can sell near 405 with closing sl at 420 and wait for good profits.


Intraday Suggestions:

Buy above 381.5 Target 385.5, 391.5  SL 379.2

Sell below 379.20  Target 374.4,370.5 SL 381.5

NICKEL

Positional Suggestions

Nickel is trading in range market and yet to find its trend. It has to break 915 with good volume for any further upmove. Othewise we can expect it touch  860 again. Agressive traders can Sell near 910 with closing sl at 915 for the target of 890 and 860.

Intraday Suggesstions:

Buy above 904 Target  909.8,912.8  SL 899.5

Sell below 899.5 Target  892.8,889.5 SL 904

COPPER

Positonal Suggstions

Copper has given profit for our buy calls and reached our Target 452.  We beieve that it will trade in the range between  440 to 460 for another two weeks.  Positional traders  can sell near 455 with closing sl at 460 or buy near 442 with closing sl at 438.

Intraday Suggestions:

Buy above 453.5 Target  456.4,458.1 SL 451.5

Sell Below 450.2 Target  447.4,445.2 SL 451.5


Note: Please be strict on SL

COMMODITY CALLS FOR 06.02.2014

GOLD

Positional Suggestions:

Gold has achived our target of 30400 but it is tough to catch it since it achived in spike trade. Normally spike trade near highs or resistance shows its weakness.  If it able to trade above 29900 then we can expect it to touch 30400. On other hand if it not able to break 29900 then we can expect it to godown till  29350. Positional traders can sell near  29900 with double sl at 29950 for the target of 29600 and 29350.

Intraday Suggessions:

Buy above  29800 Target  29880,28920 SL 29760
Sell below 29730   Target  29690,29640 SL 29760

SILVER

Positonal Suggestions:

Silver is trading in a range market. It has to close above 45900 or close below 42200 for clear directions. Agressive traders can buy near 44000 with Tight SL at 43600 for the target of  44800 and 45200.

Intraday Suggessions:

Buy above  44400 Target  44740,44905  SL 44100
Sell below 44100   Target  43800,43620 SL 44400

CRUDEOIL

Positional Suggestions:

Crude oil have given good profit for buy calls and facing stiff resistance at 6170.  We believe that it will come down to 5990 then take some support.  Positional traders should wait for a close above 6170 or below 5990 to get a clear direction.

Intraday Suggestions:

Buy above 6115 Target  6133,6148 SL 6093

Sell below 6043 Target  6005,5990 SL 6080

NATURAL GAS

Positional Suggestions:

Natural gas is trading in clear bullish mode and will become nightmare for sell traders. We believe that it is in last phase of upmove and we can expect a free down fall from any moment. This will comfirmed by  a close below 311.2.  Agressive positional traders can wait and sell near  340 with closing sl at 360 for the target of  293 and 260.

Intraday Suggestions:

Buy above 324.8 Target  328.5 330.5 SL  322.4
Sell below  322.4 Target  318.8,315.5 SL 324.8

NICKEL

Positional Suggestions:
Nickel has given excellent profit on our sell call at 905 and reached all our targets. Now there is good support between  830 to 860 levels.  Positional traders should wait for clear signals.

Intraday Suggestions:

Buy above 868 Target  875,879.5  SL 861.5
Sell below  861.5 Target  853.3,842.5 SL 868

COPPER

Positional Suggestions:
Copper is having good support near 438 to  440. We can expect a smart recover upto 452 and 460 from this levels. Buy near 440 with Closing sl at 436 for the target of 452 and460.

Intraday Suggestions:

Buy above 442.4 Target  444.8,447.5 SL 441
Sell below 441     Target 438.5,436.5  SL 442.4


Note:  Please be strict on SL.