Wednesday, April 8, 2009

Market View for 8th April

Gold & Silver are still weak but after some consistent selling in last few days they might show slight recovery. They are still sell on rise.

Crude heading down. We shorted yesterday at 2525 and carried shorts overnight & booked today around 2448 levels. Still holding with trailing SL.

Base metals specially Zinc & Copper have slight change in sentiment. Exact levels & direction are for clients :)

I have been shouting for last so many days that Natural Gas is weak and see how it has fallen below 190. Again its a sell on rise item as of now.

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