Friday, June 29, 2012

Commodity Range Today & Calls

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Toady's commodity Ranges

Gold trading range for the day is 29375-30161. Gold is trading above 29546, now intraday gold is holding support at 29375 and resistance at 30161. Silver trading range for the day is 50855-53367. Silver is trading below 54320, with intraday support seen at 50855 and resistance at 53367.Crude trading range for the day is 4339-4679. Crude is holding with a support at 4339 and resistance will be likely at 4679.Nat.Gas trading range for the day is 147.23-166.63.. Natural Gas is holding with a support at 147.23 and resistance will be likely at 166.63.

Zinc trading range for the day is 100.88-103.18. Nickel trading range for the day is 907.5-945. Aluminium trading range for the day is 101.33-106.23.

Intraday MCX Commodity Calls

BUY COPPER @ 421.40 SL 419.40 TGT 422.50-423.80
BUY CRUDE @ 4520-4525, SL BELOW 4592, TGT 4555.
BUY SILVER @ 52150-52170 SL 51980 TGT 52370-52430-52590

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