Monday, July 27, 2009

Market view for 27th July

Base metals still looks good. Copper is taking stiff resistance in 270 zone & Aluminium is doing wonders as expected. Rest 3 have also joined the rally but I would say its time to stay cautious and not to be trapped. We have already taken maximum profits from them by entering timely into them. Trade accordindly.

Crude is still looking nice to go long and can be bought on dips.

In Gold & Silver also we have booked nice profits by catching the trend in early stage. Although they still looks good and can be bought on dips.

Natural Gas will continue to be volatile and will be range bound (levels only for clients). Only above or below those levels it will start a new trend..Keep a check !!!!

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