Gold prices are expected to witness profit booking till Rs 31500, for intraday one can sell around Rs 31800-31830 with a stop loss above Rs 31970.
Silver prices are expected to resist 64000 on higher end for intraday one can sell around Rs 63700-63800 with a stop loss above Rs 64200. Prices are expected to test Rs 62500 on lower end.
Crude oil price are expected to witness selling pressure one can sell on rise around Rs 5270-5280 with a stop loss above Rs 5355.
Copper prices are likely to witness a range bound move from Rs 460-450, for trading one can sell around Rs 457-458 with a strict stop loss above Rs 461.
Nickel prices are expected to test Rs 1000 on higher end. We expect buying to emerge around Rs 968-970.
Lead prices are expected to trade lower if sustains below Rs 121.20, one can initiate a sell below Rs 121.20 with a stop loss above Rs 112.50.
Tuesday, September 18, 2012
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