All base metals looks positive. Zinc & Nickel made new highs..But a solid trend is yet to develop..Nickel looks more promising amongst all..
As I said Crude was positive & ready for a blast above 2585 levels & ever since it didnt see back & daily touching new highs. Yesterday made a new high of 2880. My target was 2849 & 2913 which is missed by Rs. 33. Although it is still positive but profit booking cant be ruled out so finding re-entry is a challenging question......
Gold & Silver are still positive and both made new highs yesterdays. Although huge volatility was witnessed in them but both bounced back sharply from their support levels. Gold again has taken a decent support at my weekly level of 14430. More to come in coming days.....
Natural Gas...No doubt this counter is performing excellent from last few days & yesterday also it has broken its important support of 197 and managed to close above it. I feel the bulls are in charge now & should take this counter to upside...Watch out !!!
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