Crude oil
Flared like anything and hit 2341 mark. In morning we clearly indicated that it looks positive and could test 2260 and then to 2310---2345.
We boldly recommended to buy Crude oil in panic from 2025---1980 level that buy buy and buy... Only Mantra to buy Crude oil in panic as we will expect 15---20% upside move in it. It gained more than 20% from lower levels and more than 15% from our recommended levels
Now what to expect???
Crude oil above 2352... will see further upside rally till 2400---2430.
Revise stop loss of 2250 mark.
Also try to book 80% profit and rest around 2400---2430 mark
Any reversal or fresh buying seems will update via SMS
Lead
Told to buy around 112.50 with stop loss of 111. We booked full profit around 114.50
Now what to expect???
Support at 112 and Resistance at 115.50
Looks positive and could test its resistance level of 115.50. Further upside rally seen only close above 115.50 mark
Fresh selling can initiate only close below 112.00 mark
Trade with levels only
Aluminium
Told to buy around 102.50 with stop loss of 101. Just made a high of 104.50. We booked full profit
Now what to expect???
Close above 104.50 will further upside rally till 106---107 mark in days to come
Fresh selling can initiate only close below 103.00 mark
Trade with levels only
Zinc
We clearly indicate that Zinc looks positive above 104.50. It made a high of 110. Above 104.50... our target intact 113---118 mark
Now what to expect today???
Today's trading range and close is very important for Zinc. So traders can trade safely with levels only.
Trade with positive bias only... Any reversal seems will update via SMS
More will update soon...
