Commodity Market Forecast for Coming Week (18th – 22nd July ’11)
For the next week in commodities nickel can be bullish. As we saw last week nickel was the only metal sustaining at higher levels so for the next week in nickel one should go for buy on lower level strategy if it sustains above 1085 then above 1092 it can touch the level of 1112.
In agri commodities jeera can be bullish. Jeera is forming reverse h&s pattern on charts jeera so one should go for buy on lower level strategy if it sustains above 14450 then above the level 14550 it can touch the level of 14850.
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