Wednesday, 1 February 2012

commodity updates

GOLDM(mar 5 contract) - trend positive, stops below 28000.

SILVER--  positive. isome selling pressure since 2 days. stop for all long positions in silverm is 55900.  

COPPER- trend-flat to negative. outlook turns negative below 413 with sl 425.


NICKEL(feb)- trend has turned to flat from bullish.  outlook will be negative below 1024.

ZINCMINI(feb)-    trend - flat to negative. very choppy movement. so wait. 

CRUDE OIL- trend negative. stop for short positions 5045.

LEADMINI(feb)- trend turned to flat from bullish. outlook will be negative below 108.5


ALUMINI-  trend- sideways, choppy. wait for clear trend to emerge. 

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