MCX: WEEKLY TECHNICAL NEWSLETTER (17-03-2014 TO 21-03-2014) ********************************************************** I)BULLIONS ********** GOLD **** SUP @ 30200,29900,29780 RES @ 30850,31020,31300 >> LAST WEEK CALL BUY AROUND 30000 IT HITSD 2ND TGT @ 30700 LVLS >> NOW HOLD WITH SL OF 30200 & WAIT FO OUR TGT OF 31300, 31500 >> ABOVE 30800 IT LOOKS HIGH +VE SILVER ****** SUP @ 46500,45800,45100 RES @ 47300,47900,48400 >> NOW SILVER FACING POSITONAL RES @ 48000 LVLS, >> BELOW 44500 SOME WEAKNESS MAY SEEN >> ABOVE 47800 POSSIBLE FOR 48500,49800 LVLS > II)BASE METALS ************** COPPER ****** SUP @ 401,397,394 RES @ 407,411,414 WE SAID COPPER SELL AROUND 470 TGT OF 425 & 390 LVLS, 1ST TGT COME & NEXT 390 IT MADE LOW AROUND 397 NICKEL ****** SUP @ 948,937,925 RES @ 978,988,1004 RES @ 984- 992 LVLS, IF BREAK THEN NEW HIGH POSSIBLE BE ALERT ON SHORTS LEAD **** SUP @ 121.70,120.50,118.30 RES @ 128.50,130.20,132.40 >> SELL AROUND 126 T0 127 SL ABOVE 130 TGT 115,109 ZINC **** SUP @ 120.20,118.80,117.50 RES @ 124.50,125.80,127.20 >> SELL AROUND 124 SL 127 TGT 115,105 *ALUMINIUM *********** SUP @ 104.50,103.40,102.20 RES @ 108.50,110.80,112.20 III)ENERGY *********** *CRUDEOIL SUP @ 5950,5890,5680 RES @ 6108,6160,6220 >> ABOVE CRUDEOIL 6105 WE LOOKS HIGH +VE WITH HUGE TGT OF 6500,6700 LVLS WITH TIGHT SUP & SL 5920 *NG **** SUP @ 265,257,249 RES @ 277,286,292 TRADER ALERTS IN NG ******************** >> DONT TAKE LONG POSITIONS AROUND THOSE PRICE, WE EXPECTED HIGH SELLING MAY COME IN COMING DAYS >> BECASE WINTER SESSIONS ALMOST ON END IN GLOBALLY AS PER OUR SAID DATE OF MARCH 2ND WEEK >> IN NG DONT TAKE LONG POSITIONS, ANY TIME IT FALL BELOW 275 IT TOCUH AROUND 245 LVLS >> WITH IN JUNE WE WILL C NG AROUND 245,220 LVLS > MORE LIVE CALLS & LIVE NEWS ALERT ONLY ON bullishinvestments@yahoo or CALL 09597093437
Posted on: Sun, 16 Mar 2014 16:11:01 +0000
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