Tuesday, April 28, 2009

Market View for 28th April

As mentioned yesterday we have seen heavy selling in few metals like Lead, Zinc but Copper & Nickel didnt fall much and Aluminium was neutral. Thats why I said that we have mixed behavior in base metals...

Gold & Silver also risen as per the expectations...Some profit booking is expected today so stay cautious...

Natural Gas also fallen more & made a life time low of 165.5

Crude didnt cross the magic level where bull will come into power and fell badly...its still weak until trades or closes above 2585-2610 range...

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