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Market Commentary By SMC
September 3, 2010
 
"The principal judgements in business are those concerning character"
- J.P.Morgan Sr.
 
 
IndiaNotes Blog
 

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METAL & ENERGY SECTOR

GOLD

AUG (weekly prediction): -: - Good Morning viewer!!! Dear all last week this counter shown weakness as we expect & continues mention. Now still its looks weak till 17750. But this week keep your eyes on level of 18300 if it close below this level, you can think for confirm weakness & till its maintain above 18460 & close above this level, its looks positive till 18650. For intraday today keep your eyes on level of 18470, if it looks unable to break that level, you can keep shorts in your hand. (We had wrote that, at Monday in our paid newsletter. Join our paid news letter & get clear direction of market)

SILVER

SEPT (weekly prediction): - This counter last week continues maintain above 28450, as we expect & mention that if it maintain continue above this level, you can keep buying in your hand. Now this week keep your eyes on level of 28600, once close below this level, you can think for confirm weakness till 28000 & once close above 29010, you can think for confirm up move till 29400-29600. Over all we are positive in this counter. For intraday keep your eyes on level of 28780, if it maintain above this level you can keep buying in your hand. (We had wrote that, at Monday in over paid newsletter. Join our paid news letter & get clear direction of market)

COPPER

JUL (weekly prediction): - This counter last week shown up move, but last week its not took any support & continues shown up move. Its not sustainable positive trend. So this week we suggest you keep shorts on rise is best in this counter. This week keep your eyes on level of 319, once its close above this level you can think for confirm up move & once close below 309, you can think for confirm weakness. For intraday keep your eyes on level of 318-319, once can keep shorts in your hand. (We had wrote that, at Monday in over paid newsletter. Join our paid news letter & get clear direction of market)

ZINC

JUL (weekly prediction): - This counter last week shown up move, but last week its not took any support & continues shown up move. Its not sustainable positive trend. So this week we suggest you keep shorts on rise is best in this counter. This week keep your eyes on level of 88.5, once its close above this level you can think for confirm up move & once close below 85.5, you can think for confirm weakness. For intraday keep your eyes on level of 88.5, once can keep shorts in your hand. (We had wrote that, at Monday in over paid newsletter. Join our paid news letter & get clear direction of market)

CRUDEOIL

JUL (weekly prediction): - This counter last week shown unexpected up move, but as we wrote that up move is not sustainable. So keep shorts on every rise. Before expiry we are expecting weakness till 3200. This week keep your eyes on level of 3600, once close above this level, you can think for confirm up move till 3700 & till its maintain below 3600 you can keep shorts in your hand & once it break & close below 3508, you can think for confirm weakness till initial support 3440 & below 3440 you can expecting weakness till 3320-3250. For intrday keep your eyes on level of 3595-3600 once can keep shorts in your hand with some strict stop loss. (We had wrote that, at Monday in over paid newsletter. Join our paid news letter & get clear direction of market)

N-GAS

JUL (weekly prediction): - This counter last week shown weakness as we expect & continues maintain that once close above 228 you can think confirm up move, last week its continues maintain & close below 228 and hit low of 204. But as we wrote we are highly positive in this counter for long term. Now this week keep your eyes on level of 200, once close below this level you can think for confirm weakness. This week we suggest you keep buying in your hand around 200-197, if it maintains above this level it can touch initial resistance 215 & 221.5. Once close above 221, you can think for confirm up move. (We had wrote that, at Monday in over paid newsletter. Join our paid news letter & get clear direction of market)

Dear all its just weekly prediction. If you want to know intrday prediction, join our paid newsletter & get all the info for all counter join news letter....

 

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DISCLAIMER: "MAX2WIN do not make any warranties, express or implied, as to results to be obtained from using the information in this e-letter.  Investors should first aware of his investment capabilities like the type of trader he is and risk he can bear, before making any investment decisions based upon information in this report. There is no guaranteed recommendations made herein, do not constitute an offer to sell or buy any securities mentioned. Readers are fully responsible for their actions, Information provided in the report are deemed to be reliable source and fully technically analyzed".

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