May 16th,2013
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down-------------------- 101.1 100 99
Copper---------------- Down-------------------- 397 396.7 390
Crudeoil--------------- Down-------------------- 5154 5143 5065
Gold-------------------- Down-------------------- 26810 26337 25955
Lead-------------------- Down-------------------- 109.1 108 106
Naturalgas----------- Up---------------------- 227 222 220.5
Nickel------------------ Down-------------------- 828 818 802
Silver------------------- Down-------------------- 44708 43312 42176
zinc--------------------- Down-------------------- 100.7 100 98
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.
Important Levels--- Trend------------------- Level1 Level2 Level3
Aluminium----------- Down-------------------- 101.1 100 99
Copper---------------- Down-------------------- 397 396.7 390
Crudeoil--------------- Down-------------------- 5154 5143 5065
Gold-------------------- Down-------------------- 26810 26337 25955
Lead-------------------- Down-------------------- 109.1 108 106
Naturalgas----------- Up---------------------- 227 222 220.5
Nickel------------------ Down-------------------- 828 818 802
Silver------------------- Down-------------------- 44708 43312 42176
zinc--------------------- Down-------------------- 100.7 100 98
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.