Archive for February 22nd, 2010

SELL COPPER:CAPITAL VIA.COM

SELL COPPER FEB BELOW 337, TG- 335.8,334.3,332.3, SL339.5

Bullish expectations on gold stands diluted: Geojit

“Gold prices traded a volatile session seesawing to test both the sides as dollar fluctuated. Gold prices touched its months high as dollar took a breather from the recent rally against Euro on the talk of about a quick bailout for Greece. Euro denominated gold touched a new high lending a support to London Gold prices. Traders are eyeing the Fed`s chief Ben Bernanke`s testimony in Congress on Wednesday and Thursday as investors will be looking for clues on rates after the Fed surprised many by raising the discount rate last week. The world`s largest gold backed exchange traded fund, SPDR holdings stood at 1,107.596 tons down 0.2% as on February 19. Spot gold was seen trading at USD 1,119.1,“ said a report by Geojit Comtrade today.

Oil to rise to $85-$95 range in 2010: Goldman Sachs

Goldman Sachs said on Monday that benchmark oil prices will rise to USD 85-USD 95 a barrel this year as global economic growth accelerates, up from the low- USD 70 to low – USD 80 range since October last year.

SELL LEAD: CAPITALVIA.COM

SELL LEAD FEB BELOW 106.95, TG-106.45,105.90,105.25,SL 107.70

Buy Gold (april):Angel Broking

Last week, gold prices opened the week at Rs 16,509 initially moved lower, but found strong support at Rs 16,473 levels. Later prices moved sharply higher breaking the key resistance of Rs 16,850, made a high of Rs 16,880 and finally ended the week with a gain of Rs.316 to close at Rs 16,825, said senior technical analyst, Abhishek Chauhan, Angel Broking today.

GOLD : SUPPORT 16780-710-640 RESISTANCE 16905-16980-17050

NANDINI RESEARCH ( nandini.research@ymail.com )

25520 TGT MET BOOK 50% PROFIT AND SL TO COST >>MCX SELL SILVER MAR @ 25650-700 SL-ABV 25820 TGT-25610-560-520-450 (CMP-25650) NANDINI RESEARCH

NANDINI RESEARCH

16805 TGT MET >>MCX SELL GOLD APR 16860-80 SL-ABV 16905 TGT-16835-805-780-740 (CMP-16860) NANDINI RESEARCH

NANDINI RESEARCH

Support for gold at Rs 16806-16795/10 gm: Hem Securities

Hem Securities has come out with its commodity report. According to the research firm support for Gold remains at Rs 16806-16795 per 10 gram it has resistance at Rs 16828-16839 per 10 gram.

TODAY MARKET CALLS FOR COMMODITIES (22Feb2010) :Kedia Comm

TODAYS MARKET CALLS

BUY GOLD APR @ 16800-825 SL 16760 TGT 16856-16890-16922.MCX

3700 TGT ALLMOST MET >>>MCX SELL CRUDEOIL 3715-25 SL-ABV 3740 TGT-3700-3685-3660 BELOW 3610 (CMP-3715)

NANDINI RESEARCH ( nandini.research@ymail.com )

25610 TGT MET >>MCX SELL SILVER MAR @ 25650-700 SL-ABV 25820 TGT-25610-560-520-450 (CMP-25650)

NANDINI RESEARCH ( nandini.research@ymail.com )

16835 TGT MET >>MCX SELL GOLD APR 16860-80 SL-ABV 16905 TGT-16835-805-780-740 (CMP-16860)

NANDINI RESEARCH ( nandini.research@ymail.com )

Astrology:Commodity Market Predictions 22 Feb 2010

Zinc likely to show positive trends

MCX SELL ZINC @ 106.10-106.60 SL-ABV 107.40 TGT-105.40-104.80 BELOW 104 (CMP-106.10)

NANDINI RESEARCH ( nandini.research@ymail.com )

337.30 TGT MET >>MCX SELL COPPER 338.50-339.50 SL-ABV 341.80 TGT-337.30-335.80-334.40 (CMP-338.50)

NANDINI RESEARCH

MCX SELL NICKEL @ 947-950 SL-ABV 956 TGT-942-937-932 (CMP-947)

NANDINI RESEARCH ( nandini.research@ymail.com )

MCX SELL CRUDEOIL 3715-25 SL-ABV 3740 TGT-3700-3685-3660 BELOW 3610 (CMP-3715)

NANDINI RESEARCH ( nandini.research@ymail.com )

MCX SELL SILVER MAR @ 25650-700 SL-ABV 25820 TGT-25610-560-520-450 (CMP-25650)

NANDINI RESEARCH

Nandini Research

MCX SELL COPPER 338.50-339.50 SL-ABV 341.80 TGT-337.30-335.80-334.40 (CMP-338.50)

MCX-TODAY TREND, SUPPORT & RESISTANCE (22ND FEB 2010)

MCX-TODAY TREND, SUPPORT & RESISTANCE (22ND FEB 2010)

MCX-WEEKLY TREND, SUPPORT & RESISTANCE (22-27 FEB 2010)

MCX-WEEKLY TREND, SUPPORT & RESISTANCE (22-27 FEB 2010)