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Monday, April 30, 2012

Metals And Energy Updates

GOLD – JUNE -
As mentioned the other day, silver carry 28700 pattern positive and it made a high of 29121 and finally handled to close above 28200 level. In this weeks time, consider support at 28940 and level of resistance at 29240, cross-over overall purchasing in this investment. As long as carry 28400 level, pattern carries on looking good and decrease to purchasing opportunity.


COPPER - APRIL -
As described the other day, above 410 powerful fluff favor and above 430-440 it will show more durability and lastly it made a high of 445. Now in this weeks time, consider assistance 438 and significant assistance 431-427 range. Decrease to buy side.

CRUDE – MAY -
The other day we have a seen a powerful recovery from the lower stage. In this weeks time, we may consider assistance 5465 and major assistance 5400. Higher-level level of resistance 5540-5600 to watch out.

NICKEL - APRIL -
The other day, powerful restoration was seen above 930 and lastly made a high of 972. Now in this weeks time consider assistance 950 and level of resistance 980-1005 in coming days..

SILVER - MAY -
As next weeks time, there will be an expiration of May Silver, recommend to investors to business in next 30 days. In this weeks time, we may consider assistance at 55400 and stage of resistance at 56000-56440. Higher-level be careful... a chance to offer of next 30 days and it is not possible to investors pay a large Badla costs like more than Rs. 2000 for per lot.

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