Technical Views - Commodities 20th June 2011
MCX GOLD1
TREND : We are now long in Gold for a target of 22800 and an extreme target of 23150. This is a positional trade separate from what we will do on an intraday basis. The SL for this positional call is 22450 for today. For intraday the support comes at 22550 and resistance at 22650.
SIGNAL : Use Buy & Sell Signals of TDI BS
MCX SILVER1
TREND :Expect 54800 today or tomorrow. For today minor resistance stands at 54225 and support at 53500.
TREND : We are now long in Gold for a target of 22800 and an extreme target of 23150. This is a positional trade separate from what we will do on an intraday basis. The SL for this positional call is 22450 for today. For intraday the support comes at 22550 and resistance at 22650.
SIGNAL : Use Buy & Sell Signals of TDI BS
MCX SILVER1
TREND :Expect 54800 today or tomorrow. For today minor resistance stands at 54225 and support at 53500.
SIGNAL : Use only buy signals
MCX Crude1
TREND : Today we expect the bottom to be formed for this week. The range of 4060 - 4100 has some very strong supports. And the divergence on the charts will also help Crude pull back. For today support is at 4120 and resistance at 4225.
SIGNAL: Use buy signals of TDI BS
MCX Crude1
TREND : Today we expect the bottom to be formed for this week. The range of 4060 - 4100 has some very strong supports. And the divergence on the charts will also help Crude pull back. For today support is at 4120 and resistance at 4225.
SIGNAL: Use buy signals of TDI BS
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