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By continuing to read this article, you have read and agreed to the disclaimers at the bottom of this page. NAVKAAR FINANCIAL SERVICES Date: 20, Jan 2010 CALL US ON GOLD: For today, this counter will find resistance at 17020, 17110. More upward movement can be seen in this counter. SILVER: This counter has turned out to be more bullish. Major resistance will be 28790, 29000. CRUDE: More weak below 3575 till 3520, 3460. Upside it may face resistance 3650, 3700. COPPER: One can sell this counter below 338 levels targeting 334. But above this level, it has capability of rising to new highs. Long and short term investors can build long positions at every dip with stop below 330 levels on closing basis. LEAD: One can go shorts below 111 levels targeting 110 and 108 levels. Strong support at 108 levels. One can buy at these levels with stop below 106. ZINC: This counter is weak only below 110 on closing basis. One can accumulate and hold long positions un-till it breaks 110 levels on closing basis. NICKEL: Remember our words, "Buy at dips with stoploss below 800 on closing basis. Major hurdle remains at 870. Once it closes with volumes above these levels, we can see more upward movement till 950 levels". It had made a high of 885.50. Now the major resistance will be 910 in this counter, If this counter continues to sustain above this level more upward movement can be seen in this counter till 950 levels. Natural Gas: Once it breaks and sustains above 265 levels then more upward movement can be seen till 278 levels.
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Register on our Website www.navkaar.net CALL US ON 9849389363, 9393902007 Or Mail us at: nfs@navkaar.net DISCLAIMER:"The information in this publication is provided by NAVKAAR FINANCIAL SERVICES is intended of use for Readers & Traders. Every effort is made to provide accurate information, but NAVKAAR FINANCIAL SERVICES cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results. Readers are fully responsible for their actions, Information provided in the report are deemed to be reliable source and fully technically analyzed". DISCLOSURE:" Analyst or any person related to NAVKAAR FINANCIAL SERVICES may or may not be holding positions in the above recommendations.
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