Wednesday, 5 March 2014

volatile trend in commodity today, gold silver rangebound

mcx commodity trend look volatile today ,gold silver and natural gas look range bound gold traded at 30200 level up side range today 30318 and down side range 30111,
as well as silver traded above 47222 ,upside high at 47444 and down side low at 47045, mcx copper traded at 443 to 446 level today as well as natural gas traded at 290 low side at 288.2 and high side at 393.7
crude oil look in under pressure today storage increase in US make pressure from up side, crude oil traded below 6400 level, up side high at 6419 and down side at 6380 .
commodity calls update:
buy gold above 30150 target 30200,30250,30300 stoploss 30000
buy silver above 47180 target 47300,47500,47700 stoploss 46900
buy copper above 443.5 target 445,447,449 stoploss 440
sell crude oil above 6400 target 6380,6360,6340 stoploss 6440

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