Commodity Weekly Report 8th To to 12th April.

2013

STOCK /COMMODITY/FOREX/NCDEX Technical Trading and Investment call Entry- Exit Trend Reversal+ Proper Stop loss

MCX Gold JUNE - Technical Outlook

MCX Gold June Contract is looking positive for the week. Market may find support near 29125 & 29000; intraday resistance can be seen near 29320 & 29565. Day traders are advised to Buy intraday on dips. (Buy around 29125 with SL 29000, for the target of 29370 & 29520.)
Monday. 8 April. 2013
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MCX Silver May Technical Outlook

MCX Silver May Contract is looking positive for the week. Market may find support near 50960 &508600; resistance is can be seen near 52000 & 52598. Day traders are advised to BUY intraday on Dips. (Buy around 50900 with SL 50700, for the target of 51900 and 52300)
FUNDAMENTAL OUTLOOK
Strong employment data could prompt the US Federal Reserve to end its bullionfriendly bond-buying program earlier than expected and dent gold's safe-haven appeal as worries about inflation ebb. Weddings will start in India, the world's biggest buyer of gold, and continue till early June. Festivals will also take place during this period

Monday. 8 April. 2013

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MCX Crude Oil April Technical Outlook

MCX Crude oil April contract is looking negative for the day. Market may find support near 5040 & 5000; intraday resistance can be seen near 5200 & 5230. Day traders are advised to buy intraday on Rise (Sell around 5140 levels with a stop loss placed above 5180 levels for targets of 5040 levels.)

Monday. 8 April. 2013

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FUNDAMENTAL OUTLOOK
Industrial metals prices are trading lower on international bourses today. We expect metals prices to remain under pressure on account of higher output from China and low physical demand. Selling on rise is recommended for the day

MCX Copper April Technical Outlook

MCX Copper April contract is looking negative for the day. Market may find support near 405 & 400; Intraday resistance can be seen near 412 & 418. Day traders are advised to buy intraday on Dips. (Buy around 407 levels with a stop loss placed below 404 levels for targets of 412 & 418 levels.)

Monday. 8 April. 2013

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MCX Nat. Gas April Technical Outlook

MCX Natural Gas April contract is looking positive the day. Market may find support near 220 & 217 Intraday resistance can be seen near 228 & 234. Day traders are advised to buy intraday on dips. (Buy around 220 with SL 216 for the target of 225 & 228.)

Monday. 8 April. 2013

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MCX Nickel April Technical Outlook

Nickel April contract is looking positive for the week. Market may find support near 885,to875, resistance can be seen near 900 & 908. Day traders are advised to buy intraday on dips. (Buy around 885 levels with a stop loss placed below 875 levels for targets of 902 to 908levels.)

Monday. 8 April. 2013

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MCX Aluminium April - Technical Outlook

MCX Aluminium April contract is looking negative for the week. Market may find support near 101.90, 100.80 intraday resistance can be seen near 103.40 & 104.50 Day traders are advised to sell intraday on rise. (Sell around 103.40 with SL 104.50 for the target of 101.90 & 103.40)

Monday. 8 April. 2013

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MCX Lead AprilTechnical Outlook

MCX Lead April contract is looking negative for the day. Market may find support near 111.30, 112.20, intraday resistance can be seen near 114.90 & 115.80 Day traders are advised to sell intraday on rise. (Sell around 114.30 with SL 115.50 for the target of 113.30 & 112.20)

Monday. 8 April. 2013

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MCX Zinc april Technical Outlook

MCX Zinc April contract is looking negative. Market may find support near 100.8, 101.5, Resistance can be seen near 103.0 & 104.75.Traders are advised to sell intraday on rise. (Sell Zinc March 103.45to 103.55 sl 104.5 for the target of 101.55 & 100.5)

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DISCLAIMER: Stock trading involves high risk and one can lose Substantial amount of money. The recommendations made herein do not constitute an offer to sell or solicitation to buy any of the Securities

Monday. 8 April. 2013

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mentioned. No representations can be made that recommendations contained herein will be profitable or they will not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on TechnicalL ANALYSIS only.

Monday. 8 April. 2013

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http://excellentmoneyadvisor.com