Friday, April 15, 2011

Free Commodity Trading Tips On Mobile


We give commodity call for traders which include tips like commodity tips , trading tips , mcx tips , share tips , mcx tips free trial , free trial commodity tips All services are provided through SMS or yahoo messenger .


Strategies for the day:

- Sell Gold MCX June Future at Rs21300, for a target of Rs21130/21100, with stop loss at Rs21460.

- Sell Silver MCX May Future at Rs59600 for a target of Rs58900/58800, with stop loss at Rs60250.

- Sell Lead MCX April Future at Rs125 for a target of Rs122/120, with stop loss at Rs129.

BULLIONS

Gold:
Sell at open price stop at Rs21325 target- Rs21200- Rs21140 ranges.

Silver: No trade

ENERGY

Crude Oil:
Hold sell taken at Rs4900 revise stop at Rs4790 add more sell below Rs4700 target- Rs4632 ranges.

Natural Gas: Buy at Rs182.5 stop loss below at Rs180.5 target- Rs186- Rs189 ranges.
Investors can take spread position in MCX Lead and Zinc as the spread is expected to narrow after testing nearly-18.Investors can buy one lot of zinc and sell one lot of lead with the spread of -16 to -16.50 for target of -12.50 and -10.50 and stop loss of - -18.5.

Cancelled ratio of Copper have moved in relation with the prices as cancelled ratio dipped lower as well as the prices thus indicating slackening demand.

Cancelled ratio of Lead dropped at brisk pace in March 2011 but its prices moved against it and rose higher.

Zinc cancel led rat io have increased in March 2011 as compared to February 2011 and prices plunged sharply lower.

China aluminum production since the start of year has grown at steady pace as compared to  cond half of last year. But production in non China countries has declined in the month of December 2010 and January 2011.

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