Thursday, December 30, 2010

Sure Shot Aluminium Tips Lead Tips Crude oil Tips

Sure Shot Aluminium Tips
Trend is bullish with consider support 104-105 range... as remain hold no problem bulls. Market indicator -Open Interest increasing indicate bullish views and buy side. Any time sharp move. Aluminum dropped. Three-month Aluminum in London dropped by 0.3 per cent to $2,448 a ton

Sure shot Lead Tips
 Trend is bullish.... And any decline to buy side... with consider support 104 no problem for bulls and may test 124 mark, closed below negate the views. Trend Decider of this week is 109.50. Very hot and support 112 and buy... crossover 117 more up side. Lead dropped. Three-month in London dropped by 0.3 per cent to $2,448 a ton, lead dropped by 0.6 per cent to USD 2,516 a ton.

Sure Shot Crude Oil Tips
Really black gold........Strong bull favour with consider support 4000 and resistance 4250 in near term. Decline to buy..... Short term resistance 4080-4100 range and reversal to sell side.In Comex already closed above $ 87 which indicate near term very bullish and sustained above may test $ 97. Long term major resistance $ 104. yesterday not shown any major movement. Due to its moving range of 20 to 30 points only. Please avoid this counter.

Light Sweet Crude Oil for January contract closed at Rs 4,124.00. It has touched a high of Rs 4,147.00 and low of Rs 4,063.00 after opening at Rs 4,063.00. In the international market, Crude traded near a 26-month high in New York on speculation the U.S. Energy Department will report a drop in weekly stockpiles, signaling demand is growing in the world’s biggest oil-consuming nation. Crude for February delivery was stood at USD 91.15 a barrel, up 3 cents, in electronic trading on the New York Mercantile Exchange at 10:18 a.m. Singapore time. Yesterday, it lost 37 cents to USD 91.12.

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