Tuesday, January 12, 2010

Commodity Tips on January 11, 2010 (MONDAY)

  1.  (9.42) SILVER and GOLD will OPEN STRONG. Silver could see 28460 and above levels and Gold could see 17000 and above levels in TODAY'S TRADE or till TOMORROW.
  2. SUPPORT and RESISTANCE MSG - GOLD opened STRONG i.e above 17000. TREND is BULLISH could see level of 17168. SUPPORT is at 16911.
  3. It is advisable not to initiate any fresh BUY in BASE METAL as there is no direction.N.G supports at 249 so risky buy at that level in small quantity. Buying is ADVISABLE at CMP - 837. STOPLOSS 831.
  4. WEEKLY VIEW - Any 100 over more points DIP will be a GOOD OPPORTUNITY to BUY GOLD for the TGT of 17161. STOPLOSS would be 16855.
  5. (9.07) SILVER and GOLD will be under pressure for rest of the session. So sell on RISE with the STOPLOSS of TODAYs HIGH
  6. On Monday we gave the SURE SHOT TGT of Rs. 45.18 in DOLLARS at Rs. 45.94. TODAY it made a LOW of 45.25.





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