Commodity Market Forcast for the Week (9th - 13th May '11)
For the next week in commodities copper can be bullish. As we saw last week copper was in continuous downtrend so for the coming week we can see some short covering. For the next week in copper one should go for buy on lower level strategy if it sustains above 403 then above 406 it can touch the level of 412.
In agri commodities pepper can be bullish. As we saw last week pepper was sustaining at higher levels. So for the next week in pepper one should go for buy on lower level strategy if it sustains above 28750 then above the level 28900 it can touch the level of 29400.
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