Monday, 18 June 2012

Intraday Commodity update

The weakness in the domestic markets because in international market gold and silver is to get pressure. But gold as a currency is gaining gold being allocated a more important role in the coming new economic order. Silver BUY SILVER JULY ABOVE 54350 TARGETS 54415 , 54500 , 54600 STOPLOSS 54223

Crude Update: Although MCX crude oil is rise it trading at 4714. NYMEX crude oil strength about 1 per cent. Crude trading range for the day is 4644-4760. Crude move above could see prices testing 4760.

Base Metal: All base metal is consolidate trend, You may Buy Copper Target 422 stoploss 417


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