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COPPER (FEB. 2012)

Last week, it broke major support level of 410 and finally made a low of 386. Overall trend is bearish and sell on rise strategy. Now resistance at 399-400. Downside support at 380-373 to watch out, once break and trade below bears may show power.

NATURAL GAS

After a long gap, finally broke major support level of 170 and heading towards the 140-143 mark in coming days. Bulls must avoid to buy side.

Nickel

Nickel strongly maintained its support at 950. Today we expect that this level may breach but a bounce back from lower level is also there on the card.
Last day Nickel breached the level of 950 and smartly bounced back from lower level."
Today's Tips: Buy Nickel above 983. TGT- 992. SL- 975. Sell only below 970. TGT- 958. SL- 975.

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One Response so far.

  1. Nice post thanks for this.I always search such type of topics.The way you tell about things is amazing,they are inspiring and helpful.Thanks for sharing your thoughts.

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