Wednesday, December 8, 2010

Sure Shot Crude Tips Aluminium Tips Copper Tips

Sure Shot Copper Tips:
       Copper price has a very strong support at Rs372 level i.e. at 65d EMA.
Copper prices has touched its upper Speed - Resistance line, and turned back towards its 2/3 support line.
Band Bollinger is expanding upside means volatility has in-creased , expected soon correction in the Copper prices.
Copper price has touched its very strong Resistance zone i.e. at `402-403 levels  so expects seller to enter in that rate or ex-isting buyer can book profit.  Copper price has a very strong support at `372 level i.e. at 65d EMA.
Sure Shot Crude Tips:
        We are bullish from the level of 3750 and target 4000, which was achieved in last week. Last week it was made a low of 3866 and high was 4038.

Last week trading range of 108-103....... Weekly trend decider of this week is 105.50.... Decisively crossover 105 overall buying. Down side support 100.  

Crude Oil prices oil traded near the $90 a barrel level as a result of the cold weather in Europe and expectations that economic recovery will boost demand. Though, in the morning trade today, it has slipped marginally towards the $89.50 level.
Asian markets are trading mixed. China’s Shanghai Composite dropped 0.4%, Japan’s Nikkei 225 fell 0.7% and Singapore's Straits Times dipped 0.1%. However, Hong Kong’s Hang
Seng advanced 0.6%.
Sure Shot Aluminum Tips:
        Trend decider of this week is 43163... Below this level may test 42500 which is a strong support and decisively break with volume time to exit long time being only. On the higher side as remain hold 42500 no problem for bulls and may test 45000-45700 likely. Yesterday it was tested all time high at 45735 and closed at 44560. Market are near to very resistance zone in Comex and Mcx Tips Free Trial...... If hold this level more up side can not be ruled out.
Copper price has touched its very strong Resistance zone i.e. at Rs402-403 levels , so sellers are expected to enter in that rate or existing buyers can book profit.

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