Saturday, 4 February 2012

commodity updates

GOLDM(mar 5 contract) - trend- flat to negative. it broke 28000 and corrected sharply yesterday. stop for short positions 28100.

SILVER--   trend-flat to negative.  weak below 55000.  

COPPER-  trend-sideways. it is still in the band of 427 on the upside and 410 on lower side.  

NICKEL-    trend- sideways. weak below 1017. 

ZINCMINI-    trend - sideways.  very choppy movement. so wait. 

CRUDE OIL- trend negative. stop for short positions 4875.

LEADMINI(feb)-   trend - sideways . wait for clear trend to emerge.

ALUMINI-  trend-  sideways. corrected sharply yesterday. wait for clear trend to emerge.

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