Wednesday, 12 October 2016

STRATEGY FOR 12th OCTOBER

                                                     COMMODITY UPDATES


                                                           MCX


GOLDM(nov)-                  Negative(from 29680), stop for short positions 30400.

SILVERMIC(nov)-            Negative(from 41770), stop for short positions 44000. 

COPPERM(nov)-            Sideways.

NICKELM(oct)-               Sideways.

ZINCMINI(oct)-              Sideways.  

CRUDEOILM(oct)-          Positive(from 3385), stop for long positions 3210.

NATURALGAS(oct)-        Positive(from 198.50,sep), stop for long positions 202.

LEADMINI(oct)-               Positive(from 133.70), stop for long positions 135.

ALUMINI(oct)-                Positive(from 110.10,sep), stop for long positions 109.30.  
                                     
CARDAMOM(oct)-          Sideways.

                                                           NCDEX                                   

KAPASSRNR(apr,2017) -         Negative(from 882), stop for short positions 910.

SOYBEAN(nov)-                       Negative below 3110.

RMSEED(nov)-                         Negative(from 4540,oct), stop for short positions 4670.

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