Friday, 5 September 2014

Nickel Sell @1175 , mcx Gold Silver down


Base metal Nickel was uptrend made high 1180.7, mcx copper likely up trend 427.95 today, open at 427.45 and low at 426.5, natural gas open at 231.5 made high 232.3 and low of 231.5
Gold Silver Trend:
mcx gold traded at 27406 made high 27440, low of day at 27361, on comax gold was down below at $1264
Gold support level : 27350/27280/27130 ,Resistance level at :27500,27580,27678.
mcx silver traded at 42011 made high 42095, and low of day at 41956, on nymax silver traded at $19.07,
Commodity calls:
sell nickel 1175 above target 1170/1165/1160 stoploss 1183
sell copper above 427.5 target 425/423 stoploss 429.5
sell gold above 27360 target 27300/27250/27100 stoploss 27480
sell silver above 42060 target 41950/41850/41700 stoploss 42200

8 comments:

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  3. Nickel lead industrial metals lower as the dollar climbed, curbing demand for commodities as an investment. Copper prices surged on Monday on solid trade data from China.
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  4. Epic research says that LME nickel prices outperformed other base metals and pointed toward USD 20,000/mt during the Mid-Autumn Day Festival.

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    RES 2: 27500
    SUPP 1: 26800
    SUPP 2: 26500
    STRATEGY: SELL ON HIGH
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