August 28th,2013
Base metal calculations are as per September contract
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Up--------------------- 128 121 120.6
Copper---------------- Up--------------------- 512 490 480
Crudeoil--------------- Up--------------------- 7752 7394 6967
Gold-------------------- Up--------------------- 34,496 33,152 31,772
Lead-------------------- Up--------------------- 153 146 142.7
Naturalgas----------- Up--------------------- 254 237 229.1
Nickel------------------ Up--------------------- 986 941 939.4
Silver------------------- Up--------------------- 57300 53900 52370
zinc--------------------- Up--------------------- 134 128 126.3
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.
Base metal calculations are as per September contract
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Up--------------------- 128 121 120.6
Copper---------------- Up--------------------- 512 490 480
Crudeoil--------------- Up--------------------- 7752 7394 6967
Gold-------------------- Up--------------------- 34,496 33,152 31,772
Lead-------------------- Up--------------------- 153 146 142.7
Naturalgas----------- Up--------------------- 254 237 229.1
Nickel------------------ Up--------------------- 986 941 939.4
Silver------------------- Up--------------------- 57300 53900 52370
zinc--------------------- Up--------------------- 134 128 126.3
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.