-- Posted Wednesday, 19 October 2011 | | Disqus
PRE US OPEN CALL – CALL VALID AFTER 5:30PM IST
COMEX
BREAK POINTS
GOLD: $1639 AND $1658
SILVER: $3100-$3160-$3357
COPPER: $315-$323-$339
CRUDE OIL: $87.70-$90.60
GOLD DECEMBER: SELL COMEX GOLD BELOW $1649 FOR $1643-$1631 OR BUY OVER $1661 FOR $1670-$1686
SILVER DECEMBER: SELL COMEX SILVER BELOW $3160 FOR $3130-$3085-$3030 OR BUY OVER $3210 FOR $3240-$3285-$3340
COPPER DECEMBER: BUY COMEX COPPER AROUND $323 STOP LOSS BELOW $317
NYMEX CRUDE OIL: SELL NYMEX CRUDE OIL AROUND $89.50 STOP LOSS OVER $91.10 TGT $87.10-$85.40 CMP $88.70
MCX
BREAK POINTS
GOLD: 26220-26432-26710
SILVER: 50800-52200-52750
COPPER: 359-369
CRUDE OIL: 4321
ZINC: 87.75-89.35
LEAD: 91.10-96.50
NICKEL: 903-960.90
GOLD DECEMBER: BUY MCX GOLD OVER 26550 TGT 26680-26800 OR SELL BELOW 26430 TGT 26350-26280-26110
SILVER DECEMBER: BUY MCX SILVER OVER 53050 TGT 53300-53600-54500 OR SELL BELOW 52700 TGT 52400-52050-51300
COPPER NOVEMBER: BUY MCX COPPER OVER 364.50 TGT 367-371-374 OR SELL BELOW 361 TGT 359-355
CURDE OIL: BUY CRUDE OIL OVER 4366 TGT 4396-4420-4480 OR SELL BELOW 4320 TGT 4280-4249-4220
ZINC OCTOBER: BUY ZINC AROUND 87.50 STOP LOSS BELOW 85 TGT 91-96 (BTST CALL)
LEAD OCTOBER: BUY AROUND 90 STOP LOSS BELOW 87.50 TGT 95.50-99 (BTST CALL)
LIMIT ORDER – BTST CALL/STBT CALL
BUY GOLD DECEMBER AROUND 26014 STOP LOSS BELOW 25800
BUY SILVER DECEMBER AROUND 50800 STOP LOSS BELOW 50200
BUY COPPER AROUND 351 STOP LOSS BELOW 343
SELL CRUDE OIL AROUND 4525 STOP LOSS OVER 4570
BUY NATURAL GAS AROUND 169.60 STOP LOSS BELOW 160
Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. Prepared By Chintan Karnani. Website www.insigniaconsultants.in
NOTES TO THE ABOVE REPORT
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES IN INDIAN RUPEES UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN US DOLLARS ON THE TRADING CALLS GIVEN IN THIS REPORT
COMEX GOLD – $15-$17
COMEX SILVER: $25-$30
COMEX COPPER: $3
NYMEX CRUDE OIL: $0.60
SPOT SILVER: $0.25
SPOT GOLD: $15-$17
GOLD – 15000-16000
SILVER: 15000-16000
COPPER: 2500-3500
CRUDE OIL: 3800-5000
ZINC: 4000-6000
LEAD: 5000-6000
NICKEL: 2500-5000
NATURAL GAS: 4000-6000
-- Posted Wednesday, 19 October 2011 | Digg This Article
| Source: GoldSeek.com
