Monday 10 November 2014

commodity trend for Crude oil support strong china data, gold,silver calls


mcx crude oil taken recovery more than 0.88% in November contact, made high 4915 while low of day at 4843. Brent oil prices increase $85.39.

mcx gold and silver look in under pressure today after open higher level at 26000 , down side low at 25825 level , while silver made low at 34741, on comax gold traded below $1170 below and high of day at $1178.
commodity Evening Calls:
buy crude oil 4900 target 4915/4935/4956 stoploss 4880
sell gold future above 25950 target 25870/25800/25750 stoploss 26060
sell silver above 34950 target 34800/34800/34700 stoploss 35100


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