UPDATE AT 3.45PM..GOLD $1324..UP ARD 5$ MCX UP ARD RS 50-60/SILVER $19.79..TRADES LOWER BY 15 CENTS MCX LOWER ARD 150-175 RS/CRUDE$103.50 TRADES LOWER ARD 20 CENTS, MCX DOWN ARD RS 10-12 RS/COPPER TRADES FLAT, NICKEL GAP UP OPEN OVER 2%,ZINC AND LEAD UP ARD1 %,ALU FLAT/NAT GAS TRADES MILD LOWER/
Monday, April 14, 2014
Mcx Nickel is trading in the positive territory for more than
three weeks and it has broken its crucial resistance of say 1000 rs
last week and closed at 1050 levels, buy on dips is the good strategy
because we expect prices to continue its bull run till 1080 to 1100 levels.
Weekly Call :
Buy nickel at cmp 1055
and add further on dips up to 1042
with stops below 1022
for targets 1085 and 1100.