Friday, July 13, 2012

Base Metals Tips: Copper lead and Nickel Trend, Crude Oil Updates


Nickel prices are expected to trade within 880 to 905, one could trade
within the range. Oscillators indicating a bounce till 900 -905.

Copper prices are expected to trade in a range from 418 to 426. One can sell
around 425 with a stop loss above 429. Oscillators indicating a flat to down
move.

Lead prices are expected to trade within 103.30 to 105.70. One can sell
around 104.50 with a intraday stop loss above 105.50

Crude prices are likely to trade within a range from 4815 to 4715. Fresh
buying is recommended only above the close of 4815.

7 comments:

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Unknown said...

Zinc futures were marginally up 0.18% to Rs 142.80 per kg as speculators created positions amid a firming trend in base metals overseas and better domestic demand.

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Unknown said...

Buy ZINC Oct above120 TGT 120.70 & 121.50 SL 119.15.

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