April 29th,2013
Important Levels--- Trend------------------- Resistance----------- Support----------------
Aluminium----------- Down------------------- 101/101.8------------ 99-----------------------
Copper---------------- Down------------------- 386.1/387------------- 379----------------------
Crudeoil--------------- Up---------------------- 5056/5151------------ 4957--------------------
Gold-------------------- Up---------------------- 27547/27013-------- 26908------------------
Lead-------------------- Up---------------------- 110.2/110------------ 108----------------------
Naturalgas----------- Down------------------- 228/231------------- 221----------------------
Nickel------------------ Down------------------- 838.6/833---------------- 817----------------------
Silver------------------- Up---------------------- 46000/45270-------- 44300------------------
zinc--------------------- Down------------------- 101.4/102------------- 100----------------------
How do you trade these levels?
The above Levels are the crucial levels for the above scrips for the day. The trades are initiated near to these levels as per the trend. When a scrip goes near or above these levels and starts to trade above or below trade is initiated. When a scrip breaks resistance and trades above for significant time it becomes support, similarly When a scrip breaks Support and trades above for significant time it becomes Resistance.