Showing posts with label Commodity Market Forecast for the Week. Show all posts
Showing posts with label Commodity Market Forecast for the Week. Show all posts
Commodity Market Forecast for the Week (16th – 20th May ’11)
Zinc could be bullish. As we saw last week, zinc was in uptrend. For the next week, if it sustains above the level of 98.45 then above the level of 99.05 it could reach around the level of 100.65. So, in zinc one should go for buy on lower level strategy.
In Agri Chana could be bullish. Last week also Chana showed an uptrend. For the next week if it sustains above the level of 2465 then above the level of 2477 it could reach around the level of 2520. So, also in Chana one should go for buy on lower level strategy.
In Agri Chana could be bullish. Last week also Chana showed an uptrend. For the next week if it sustains above the level of 2465 then above the level of 2477 it could reach around the level of 2520. So, also in Chana one should go for buy on lower level strategy.
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.
Commodity Markets Overview and Forecast for the Week (18th – 22nd April ’11)
For the next week in commodities aluminum can be bullish. As we saw last week aluminum was the only metal which was sustaining at higher levels so for the next week in aluminum one should go for buy on lower level strategy if it sustains above 117.50 then above 118.50 it can touch the level of 120
In agri commodities chana can be bearish. As we saw last week chana was not able to sustain at higher levels. So for the next week in chana may contract one should go for sell on higher level strategy if it sustains below 2375 then below 2360 it can touch the level of 2330.
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