Sunday, 11 March 2012

Commodity trend

Zinc :

zinc can be bought at 100.50 with sl of 99.50 and target of 107

It genarally moves in the range of 100 - 107 . so any trader can buy arround 100.50 and short it around 106

Nickel :

Nickel is trading arround life time low of 944 it has life time high of 1080

short term trend :

It can be brought arround 950 and at the end of 2 -3 days can be sold arround 985

long term trader :

It can be brought at the market price of 955 and hold for two weeks for target of
target 1 : 1000
target 2:  1025
target 3:  1050

Copper:

short term :

 It can be brought at 420 and can be sold at 427 in next 2 days

long term :

It can be bought at market price of 425 with target of 450




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