Gold (MCX-Dec'11)
Gold breached all its support and finally broke 28000, but was unable to close below that. Still some downside is there in this counter, but at the same time bounce back or short covering also cannot be ruled out at current scenario.
Today's Tips:
Buy Gold above 28275. TGT- 28350. SL- 28156. Sell only below 28090. TGT- 27990.
Copper (MCX-Feb'11)
See what have mentioned two days back:"As per our expectation, Copper moved up smartly and breached all the resistances. Now it is time for profit booking. Copper may fall till 402 any time.
Today's Tips:
Buy Copper above 400.75 TGT- 404.80 SL- 397.60. Sell only below 394.70 for TGT- 390. SL- 398
Nickel (MCX-Dec'11):
Nickel strongly maintained its support at 950. Today we expect this level to be breached, but a bounce back from lower level is also there on the card.
Today's Tips:
Buy Nickel above 961, TGT- 972, SL- 953. Sell only below 946, TGT- 935, SL- 955.
