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Friday, 22 March 2013

MARKET UPDATES

Silver prices are likely to trade within the range from 55500 to 54600, one can buy for the target at 55500. Fresh buying expected above 55500.

Gold prices are expected to trade sideways from 29950 to 29550, however 29950 seems to be a stiff resistance. One can trade within the range.

Copper prices are expected to trade within the range from 412 to 420. One can sell on rise at 418 -419 with a stop loss above 421.

Nickel prices are expected to witness a range bound move from 927 to 903. One can buy around 915 -912 with a stop loss below 900.

Lead prices are expected to trade negative if sustains below 117 or one can sell on rise around 118.50 with a stop loss above 119.60. Prices are expected to test 115 -113 next week.

Crude price are expected to trade within the range from 5100 to 5000. One can sell on rise around 5075 with a stop loss above 5116.

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