Wednesday, February 23, 2011

Best Commodity Tips In India


CRUDE OIL TIPS : This counter last two trading session continuous up trend in this counter and 4205.0 level above shortly up trend in this counter and up side touch at 4445.0 and 4555.0 level in coming trading days and buy position hold at only 4120.0 level above only............ 

Crude oil ended with the positive node and settled flat at 0.27% up at 4314 but the whole day market moved in the a very wildly in the wide range market yesterday opened at 4311 and shoot up to the day's high on Libya news to the fresh high of 4473 .

As the market was trading with a huge volatility and pressure came on profit booking the gains as due to Nymex expiry crude again crashed to the days low at 4252 and finally settled at 4314 on Tuesday, driven by worries of supply disruptions after a citizen revolt in Libya against leader Muammar Gaddafi shut down about 8 percent of its daily oil output. 

The Libyan leader refused to step down -- keeping oil prices near their 2-1/2-year highs, even though the OPEC and EIA said they would be ready to act if there were any supply disruptions.

SILVER TIPS : This counter chart a candlestick show consolidation showing at confused trend 46000.0 level above shortly up trend in this counter and up side resistance at 50400.0level cross above 51200.0 - 52750.0 level touch in coming trading days extremely bullish trend in this counter but this time overbought at this counter and 1time heavy correction due in this counter and 46000.0 level below touch at 43800.0 level in coming trading days ........

GOLD TIPS : This counter last trading session maintain at 20450.0 level above so indicate at shortly up trend in this counter and up side resistance at 20670.0 and cross above 20950.0 level touch at coming trading days so buy at only deep and sell at only 20320.0 closed below and this time best trading and profit gaining counter................ 

Copper yesterday traded with the negative node and settled -2.54% down at 433.85 hitting its lowest price in more than three weeks as unrest in Libya caused investors to flee assets with perceived risk. Risk aversion led to the massive sell off in metals, along with many other commodity markets. 

Defiant Libyan leader Muammar Gaddafi faced a nationwide public revolt against his rule, stoking worries over oil supplies from one of the world's major oil exporters and an OPEC member.

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