Thursday, June 02, 2011
COPPER - UPDATE
COPPER-MCX
On 31 may we had written to sell copper
below 417.00.....
yes hit our stop loss 420.00 and make high 420.50
we also written if cross 420.00 with volume and stay a few min. then fire
but not stay a few second.
we told our subscriber sell again 419.00, with stop 421.00
our target are 415, 411, 409
see low 408
yes our all target achieved.
NOW WHAT TO EXPECT ? ? ?
Above 411.00
try to touch 413.50....., 415.00.....
Below 408.....
panic up to 405.00....., 403.20.....
for more detail contact us - niranjanpatel80@gmail.com
CRUD OIL - UPDATE
CRUD OIL-MCX
Yesterday we had written
Below 4601.....
our target are 4550......, 4515.....
just see yesterday low 4503.....
and closed on 4512.....
NOW WHAT TO EXPECT ? ? ?
Above 4550.....
try to touch 4590....., 4620.....
Below 4500.....
panic up to 4440....., 4410.....
for more detail contact us - niranjanpatel80@gmail.com
GOLD, SILVER - UPDATE
GOLD-MCX
Yesterday we told
Below 22,415.....
our target are 22,370....., 22,330.....
yes see the low 22,230.....
NOW WHAT TO EXPECT ? ? ?
(AUGUST)
Above 22,805.....
will try to touch 22,840....., 22,870.....
Below 22,725.....
panic up to 22,670....., 22,630.....
for more detail contact us - niranjanpatel80@gmail.com
SILVER-MCX
Yesterday we had written
Below 57,550.....
our target are 57,201....., 56,980....., 56,330.....
see yesterday low 56,442.....
and closed on 56,838.....
NOW WHAT TO EXPECT ? ? ?
Above 57,195.....
will touch 57,485....., 57,735....., 58,052......
Below 56,452.....
panic up to 56,122....., 55,700....., 55,350.....
(if break 55,200..... then touch 54,482 levels in hours.)
for more detail contact us - niranjanpatel80@gmail.com
Wednesday, June 01, 2011
Liquidity and Open Interest:Two Vital Ingredients
Two major factors a successful trader must look for in any new trade are liquidity and open interest. Liquidity simply allows us to more effectively enter and exit the market; a liquid market is far safer to trade and exposes us to less price volatility. Open interest is an indicator of just how liquid a market is by showing how many open trades are in any particular contract. This can be especially important when trading options, so as not to get stuck in an option with very little activity. Like a roach motel, you will get in but you won’t get out if it’s illiquid. Remember, higher open interest equals better liquidity. More liquidity means a more competitive market, and a more competitive market means more opportunity for you to make money.
CRUD OIL - UPDATE
CRUD OIL-MCX
On 30/may we had written about crud that
Above 4695.....
our target were 4630....., 4680.....
make high 4666.....
and closed on 4631.....
NOW WHAT TO EXPECT ? ? ?
Above 4670.....
target are 4705....., 4770......
Below 4601.....
target are 4550....., 4515.....
for more detail contact us - niranjanpatel80@gmail.com
GOLD, SILVER - UPDATE
GOLD-MCX
We had told on 30/may that gold
Below 22,500.....
our target were 22,440....., 22,410.....
see yesterday low 22,397.....
and closed on 22,426.....
NOW WHAT TO EXPECT ? ? ?
Above 22,444.....
will try to touch 22,490....., 22,515.....
Below 22,415.....
will panic up to 22,370....., 22,330.....
(more detail to our subscribers)
SILVER-MCX
On 30/may we told about silver
Above 57,610
our target were 57,870....., 58,180....., 58,590.....
see yesterday high 58,480.....
and closed on 57,919.....
NOW WHAT TO EXPECT ? ? ?
Above 58,300.....
will try to kiss 58,770....., 59,159....., 59,450.....
Below 57,550.....
panic up to 57,201....., 56,980....., 56,330......
for more detail contact us - niranjanpatel80@gmail.com
Tuesday, May 31, 2011
Market Nuggets: Barclays: Chinese Power Price Hikes Supportive For Aluminum
(Kitco News) -- Aluminum is being supported by news that by china will raise electricity prices for non-residential users for the first time since November 2009, say analysts with Barclays Capital. China is facing power shortages this summer due to squeezed power-plant margins, low water levels and strong domestic demand. Barclays says the shortages should affect Aluminum the most among the base metals, which is also ture for power price increases, given the power intensity of Aluminum smelting. Nickel pig iron producers are also likely to suffer as this is a comparatively power-intensive process. out of the nine provinces that have Aluminum-smelting producation, seven have some capacity that purchases power from the grid and therefore will see their costs rise, and at least 28% of chinese Aluminum production that will be affected by the increase in power tariffs, Barclays says."This increase in power prices will put further upward pressure on the production costs of an industry and a country where marginal production costs are already at a record high," Barclays says. Additionally, tightness in power availability will affect the South African aluminum industry, Barclays says.
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