Thursday, January 6, 2011

Sure Shot Nickel Tips Natural Gas Tips Zinc Tips

Sure Shot Nickel Tips
Last week some profit at higher level but again show some strength and support end of the week and finally closed at 1123 after a made a low of 1071 range. For the safe heavens of bulls it must cross 1135-1150 successfully otherwise to sell side.
Trend Decider of this week is 1107

Sure Shot Natural Gas Tips
Over all wide range of this commodity from 180 to 210. if bulls manage to hold 180 no problem. crossover 210-212 range will move sharp to watch out. Be prepare to sharp move.....above 213.... If hold with volume and added with open interest.  Trend Decider of this week is 190.
Yesterday, at MCX, the top gainers were Natural Gas for January contract (1.20%), Natural Gas for February contract (1.10%), Natural Gas for March contract (0.95%)

Sure Shot Zinc Tips
Now this week also looks positive. Now this week keep your eyes on level of 114.6-117.5. Remember however any one gives you target in this counter till 130-140 doesn't keep buying like blind. Once its cross and continues gives closing above 117.25, you can think for confirm up move till 130. Or if it looks unable to cross 117.25 and continues maintain below this level. It can touch again 95-88 soon. This week keep your eyes on level of 106.75, once can this counter touch this level so keep buying with some strict stop loss or keep buying on deep. As well as keep your eyes on resistance level of 111.2-113.2. Now today keep your eyes on opening level of 110, if it open above this level, you can keep buying and if it opens below 109.1 you can keep shorts in your hand.

At MCX, Zinc future price declined today as traders indulged in offloading their positions, driven by weakening trend at the London Metal Exchange (LME), amid profit booking by speculators. At MCX future, Zinc for January contract is trading at Rs 110.10, down by 0.99 per cent and Zinc for February contract is trading at Rs 111.35, down by 0.93 per cent. (At 11:32 A.M today)

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