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Wednesday, April 17, 2013

Commodity & Currency Trades

USDINR trend decider level-53.70, 
if 
this level is not breached in short term, 
 then it we can see spike rise till 54.35-54.8-55.14 & much higher levels!!



  • Silver short term trend decider level-42800
  • Gold short term trend decider level-25200
  • Crude Oil trend decider level-4740 Decisive break/close below 4740 will favor bears!!
  • Nickel short term support zone 825-834, if able to hold this range on closing basis, then bulls will take it to higher levels around 855-872-895 levels in short term!!
  • Natural Gas support-219 closing basis!  Upside hurdle/target-232-239-248+ Weak only if close below 219   

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