Commodity Ideas - Nirav Shah

#6
Follow up of charts posted on 28-11-11 : -

Crude Oil : - target was 5240. High made 5223 on same day on 28-11-11 Nice move of Rs. 100 .

Gold : - Mentioned the range of 28850-28250 . Level worked excellent. Gold has made high on 28-11-11 exactly @28849 & tanked to 28630

After that on 30-11-11 Gold has given a gap up opening above break out level of 28850 & made high of 29186 .

Check Old posts for Charts
 
#8
Follow UP of old Charts : -
Aluminium :- Falling from resistance area as mentioned. Check Chart of 4 -1-12 for short call.

New Call :- Natural Gas
 
#9
Money Management Books

Gold is also another important commodity for investment. The price for gold depends on the demand in your country. The quantity of oil that your country can produce or supply or poses at a particular time also decides the price.
 
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#10
Follow UP of old Charts : -

Natural gas:- Break Out above 165.50 failed and we have Stopped Out.

Aluminium:- Recommended to go short on all rise with Stop Loss of 111(Check Chart of 4-1-12). Low was made of 107.10 on 5-1-12(Our tgt was 106.50) . Cheers

New Commodity Ideas : - Aluminium & Gold . Check charts for details.

Gold Chart
 

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