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Tuesday, September 25, 2012

COPPER / CRUDE OIL UPDATE : 25 SEP 2012


COPPER 30NOV2012

BEST BUY & SUPP @ 442 ACTUAL RESIS & BEST SHORT LEVEL @ 443.40 A BREAK ABOVE 444.80 UPSIDE TGT IS @ 446.60/447.60/451 ; HOWEVER A CRACK BELOW 440.50 DOWNSIDE TGT IS @ 438.20/436.50

DAILY TREND : BEARISH

LTP - 444.30

STRATEGY : SELL @ 444.30 FOR TGT 440.50/439.60 ; SL - ABOVE 447.80

CRUDE OIL 19OCT2012

BEST BUY & SUPP @ 4917 ACTUAL RESIS & BEST SHORT LEVEL @ 4933 A BREAK ABOVE 4950 UPSIDE TGT IS @ 4986/5002 ; HOWEVER A CRACK BELOW 4898 DOWNSIDE TGT IS @ 4865 - 4848

DAILY TREND : BEARISH

LTP - 4948

STRATEGY : SELL @ OR ABOVE 4948 - 4986 , SL ABOVE 5006 FOR TGT 4865/4850
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