Weekly Outlook : 18 to 22 February 2013

GOLD - Posted 11th Feb "Stop Loss 30910" (High 30835 ).......On Downside Target will be 30700-30500 & then 30200 (Low 30006).

 :: Positional & Short Term ::

 

  Mcx Gold Buy on Dip, Major Support Zone @29900-29700.

On Upside, Target Will Be 30300-30500 and Then 30800.

If Break & Closed Below 29700 Then Traders Must Exit From All Long Positions.

 

More Details to our Subscribers ,Updated at 02:25/16th Feb

 

 

SILVER - Posted on 11th Feb "Stop Loss 59300" (High 58360)......"On Downside Target will be 57800-57500 & then 56870" (Low 55947).......

  :: Positional & Short Term ::

 

  Mcx Silver Buy on Dip, Major Support Zone @55700-55400.

On Upside, Target Will Be 56600-56900 and Then 57800.

If Break & Closed Below 55400 Then Traders Must Exit From All Long Positions.

 

 More Details to our Subscribers ,Updated at 02:25/16th Feb

 

 

 

 

 :: Positional & Short Term ::

 

  Mcx Crudeoil Sell on Rise, Major Resistance Zone @5280-5320.

On Downside, Target Will Be 5200-5160 & Then 5130.

If Cross & Closed Above 5320 Then Traders Must Exit From All Short Positions.

 

More Details to our Subscribers ,Updated at 02:25/16th Feb

 

 

 

 

 :: Positional & Short Term ::

 

  Mcx Copper Sell on Rise, Major Resistance Zone @451--455.

On Downside, Target Will Be 444-442 & Then 439.

If Cross & Closed Above 455 Then Traders Must Exit From All Short Positions.

 

More Details to our Subscribers ,Updated at 02:25/16th Feb

 

 

 

 

USDINR - Posted on 11th Feb "Resistance 54.30-55.70" (High 54.34)......"Support 53.00" (Low 53.77).

 

 USDINR

Resistance 54.50 & 55.70

Support 53.00 & 51.50