Base metals are bounced back sharply from their previous breakout ranges. We will see some trading range being developed before we can see the next round of trend. Till then trade as per day levels....
Crude as expected showed great bullishness above 2585 levels & is still in the positive zone..More to come...keep an eye...
Natural Gas also as expected bounced back sharply from the levels given & already given 10+ rs gains from our buy levels...What next?
Gold & Silver fell sharply below the levels given last week. There is still no sign of buying in them so we will look for short oportunities in them...
Monday, May 4, 2009
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