share tips expert commodity calls report 24032011

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  • 8/6/2019 Share Tips Expert Commodity Calls Report 24032011

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    Daily Commodity Market Update as on Thursday, March 24, 2011

    20950 20910 20990 21040

    TARGET 1STOPLOSS

    What make market to move

    ENTRYACTION

    BUY APR

    TARGET 2

    -

    Gold / Silver ratio is at 38.56. Yesterda Gold FIX has closed hi her at : 1439.5#

    #

    #

    #

    In spot gold looks to get support at 1428$ and resistance is at 1446$

    Gold looks to take support at 20925 and resistance at 21070.

    Gold ended up re-approaching as the safe haven appeal of the metal was boosted by ongoing turmoil

    - .

    ACTION ENTRY STOPLOSS TARGET 1 TARGET 2

    . . .

    SILVER

    What make market to move

    # Silver trading range is 53668-56458.

    # Silver made record high boosted by near-term supply tightness and strong industrial demand

    BUY MAY 54900 54650 55150 55450

    # In spot silver is getting resistance at 37.60$ and support is at 36.92$.

    # Silver $ FIX is at : 36.58 & CURRENTLY SILVER $ IS TRADING AT : 37.27 & DOWN BY -0.24%

    # Silver is having resistance at 55970 and support at 55050 level.

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  • 8/6/2019 Share Tips Expert Commodity Calls Report 24032011

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    -

    BUY APR 4680 4640 4722 4780

    What make market to move

    ACTION ENTRY STOPLOSS TARGET 1 TARGET 2

    # EIA said crude oil inventories increased by 2.1 million barrels to 352.80 million barrels last week.

    # Crude is Tradin at : 105.22

    ru e ra ng range s - .

    # Crude oil rose as attacks on Israel, unrest in Yemen and other the Middle East countries

    # Crude looks to test support at 4730 and resistance is seen at 4802.

    .

    COPPER

    ACTION ENTRY STOPLOSS TARGET 1 TARGET 2

    # Copper trading range is 427.1-448.7.

    # Copper prices settled higher as a surge of technical trading was unswayed by sharply weaker U.S. economic data.

    BUY APR 434 431.2 436.8 440.2

    What make market to move

    # Copper daily stocks at Shanghai exchange came down by 777 tonnes.

    # YESTERDAY LME STOCK FOR COPPER CAME Down BY -200

    # Copper is taking resistance at 444.90 and support is seen at 437.10.

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  • 8/6/2019 Share Tips Expert Commodity Calls Report 24032011

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    -

    190 187.5 194.5 198.8

    What make market to move

    .

    ACTION ENTRY STOPLOSS TARGET 1 TARGET 2

    BUY MAR

    # NATURAL GAS IS TRADING AT : 4.359

    a ura as ra ng range s . - . .

    # Natural gas ended up after forecasts of below average spring weather boosted demand

    # Natural gas looks to test support at 190.70 and resistance is seen at 194.90.

    # Today natural ags storage: EXP: -11B PREV: -56B

    .

    Crude rose an intensifying unrest in Yemen highlighted the security risks facing oil output from the Arabian peninsula, home to

    the world's biggest oil fields.

    Yemen's president offered on Wednesday to step down by the end of the year to try to appease mounting demands for his

    resignation, but opposition groups showed no sign of easing up on efforts to force him out.

    JAPAN: World Bank chief economist Lin has said that Japan growth will return to normal "very soon".

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    Disclaimer

    CARROTINVESTMENT

    The report and calls made herein are for general information purpose and report contains only the viewpoints. We make no

    representation or warranty regarding the correctness, accuracy or completeness of any information, and are not responsible forerrors of any kind even though we have taken utmost care in obtaining the information from sources which are believed to be

    reliable, which are publicly available. The information contained herein is strictly confidential and is meant for the intended

    recipients. Any alteration, transmission, photocopied distribution in part or in whole or reproduction of any form of the

    information without prior consent of SHARETIPSEXPERT GROUP is prohibited. The information and data are derived from the

    source that are deemed & believed to be reliable and the calls are based on the theory of Technical Analysis. Neither the

    company nor its employees are responsible for the trading Profit(es) & loss(es) arising due to the trader. The commodities and

    derivatives discussed and opinions expressed in this report may not be suitable for all investors falling under different categories

    and jurisdictions. All futures trading entail significant risk, which should be fully understood prior to trading.

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