Daily Metal and Energy Watch 24th Jan 2011

Date Exchange Commodity Trend Recommendation

24-Jan-11 Mcx Gold-Feb Sideways Buy around 20,030.00 with s/l below 19,970 for the tgt 20,150.00/20,220.00

24-Jan-11 Mcx Silver-March Sideways Buy around 42,700.00 with s/l below 42,500.00 for the tgt 43,130/43,400.00

24-Jan-11 Mcx Copper-Feb Sideways Buy around 438.00 with s/l below 435.00 for the tgt 444.00/446.00

24-Jan-11 Mcx Natural-Gas Jan Sideways Buy around 217.00 with s/l below 214.00 for the tgt 222.00/224.00

24-Jan-11 Mcx Crude Oil- February Sideways Sell around 4120.00 with s/l above 4150.00 for the tgt 4080.00/4055.00

24-Jan-11 Mcx Nickle-Jan Sideways Buy around 1190.00 with s/l below 1178.00 for the tgt 1216.00/1225.00

24-Jan-11 Mcx Zinc-Jan Sideways Buy around 105.80 with s/l below 104.90 for the tgt 107.50/108.80

24-Jan-11 Mcx Lead-Jan Sideways Buy around 113.00 with s/l below 112.00 for the tgt 115.00/116.00

24-Jan-11 Mcx Mentha -Jan Sideways Buy around 1150.00 with s/l below 1140.00 for the tgt 1173.00/1185.00

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Anup Raj Commodity Research Analyst anupraj@moneysukh.com

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