Friday, March 2, 2012

Commodity Tips for 02 March 2012


COPPER (APRIL):
In the last week, below 436 likely to test 411.12and it made a low 413.2 and closes above 442. Looks good and ready to upside. The Cross over 431.12 with volume unexpected move.
Today trend is positive and above 427.54 looks good and buy

CRUDE (MARCH):
Trend is very bullish and holding 5410 mark no problem for bulls, buying opportunity declines and hold existing long.
Today overall trend is bullish and above 436 looks hot and buy side.

NICKEL (MARCH):
In the last week - 1035 is a major obstacle and downside support 980 close to watch out.
Today
Below 1010 time to sell side.

NATURAL GAS (MARCH):
Lastly the support is broken and below 139 is selling opportunity.

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