SILVER TIPS : Star performance but time to exit long and sell side.....We are bearish and buying call below 73000.......
Yesterday we have given a sell call below 59006 and target 55000 and almost tested a low of 54800 level.
Now today........resistance 57500-57800 range, down side crucial support 54745 and break and trade below another round of selling. Will it test 40000-36000 again, time will tell. But certainly no buy......no bottom finishing.
In Comex : All time high 49.8. Close watch 100 DMA support 34... break and trade below immediate target 29 an ounce.
LEAD TIPS (MAY) :Over all trend is bullish . Down side support is 110 watch out as hold this level, bull move continue.
Today resistance 106.50, down side below 103.50 further selling likely.
NICKEL TIPS (MAY) : Finally broken yesterday crucial level 1153 and started down ward journey. Now today....resistance 1140-1150 range, break and trade below 1100, big sell of likely... Today crucial level 1105 below further sell off.
COPPER TIPS (JUNE) :Sell on rise strategy... Last it was made a high 439 and low 412....... In this week it will face resistance 423-425 remain below weakness continue in this counter.
Now today.... Resistance 409-410.... Trade and sustained below 400 immediate target 391 thereafter more selling pressure.
ALUMINIUM TIPS (MAY) : Bullish break out..........Hold 123 with volume decent move can not be ruled.
Today resistance 120 and reversal to sell side...
NATURAL GAS TIPS (MAY) :Consider major support 200-205 range hold this level target 220.
Unable to cross 210 and started down ward journey.......today support 190..and resistance 201 watch out.
CRUDE OIL TIPS (MAY) :Short term trend is down and sell on rise strategy. Today crucial level 4851...
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