THOSE U WANT TO TRADE ON OUR CALL FOR THE FIRST TIME. DO CHECK OUR PAST CALL/PERFORMANCE FIRST THEN PUT UR MONEY ON OUR CALLS.
CALLS AND NEWS ARE FROM VARIOUS SOURCES (FII'S,DII'S)

Tuesday, April 10, 2012

COPPER (10 APRIL 2012)

COPPER (APRIL)
SELL AROUND 428.50
TARGET 425.50-419.50

ONCE CROSS ABOVE 430
THEN EXIT SHORTS AND GO LONG
WITH STOP LOSS BELOW 425.50
FOR THE TGT OF 433 AND 436.30

BUY AROUND 419.50
TARGET 422.50-428.50

ONCE BREAKE BELOW 418
THEN EXIT LONGS AND GO SHORT
WITH STOPLOSS ABOVE 422.50
FOR THE TGT OF 415.20 AND 412


MORE COMMODITY CALLS

12 comments:

  1. China Trade Balance 5.4B vs -31.5B Supportive for Basemetal CHINESE CUSTOMS BUREAU: EU debt crisis has hindered Chinese exports

    ReplyDelete
  2. Major Events for the day: EUR Sentix Investor Confidence @ 2:00 PM (fore -7.7; Prev -8.2) US IBD/TIPP Economic Optimism @ 7:30 PM (fore 49.1; Prev 47.5)

    ReplyDelete
  3. EUR: French Industrial Production m/m: 0.3% VS 0.3%. FLAT FOR METALS

    ReplyDelete
  4. LME INVENTORY UPDATE:

    ALUMINIUM +7550,

    COPPER +3625,

    ZINC +4675,

    NICKEL -120.

    ReplyDelete
  5. EUR: Sentix Investor Confidence: -14.7 VS -8.2. WEAK FOR METALS

    ReplyDelete
  6. US- WHOLESALES INVENTORIES M/M: ACTUAL 0.9%,EXPE 0.5%, PREV 0.4%

    ReplyDelete
  7. IBD/TIPP Economic Optimism @ 7:30 PM (Act:49.3 Fore: 49.1, Pre: 47.5)

    DATA IMPACT: DATA SAME AS EXPECTATION

    ReplyDelete
  8. DONT HOLD OVERNIGHT POSITIONS ....
    EXIT MARKET CLOSING BASIS

    ReplyDelete

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