GOLD 13.06.2012:- MCX Aug Gold between 29825-29900, SL- 29705, Target - 30100/30150 (NEAL BHAI 9999974733)
Wednesday, June 13, 2012
COPPER 13.06.2012
COPPER 13.06.2012:- Copper Buy between 407.25-408.25, SL-404.85,
Target -413/414/416 (NEAL BHAI 9999974733) WATCH MY FREE CALL
Target -413/414/416 (NEAL BHAI 9999974733) WATCH MY FREE CALL
Tuesday, June 12, 2012
METAL:- 12.06.2012
Copper Buy above 410 stop loss 408 target- 413-416 ranges.
Zinc Buy above 104.85 stop loss 104.10 target-105.50-106 ranges.
Lead Buy above 106 stop loss 105.20 target- 106.7-107.5 ranges.
Nickel Sell below 948 stop loss 960 target- 938-930 ranges.
Zinc Buy above 104.85 stop loss 104.10 target-105.50-106 ranges.
Lead Buy above 106 stop loss 105.20 target- 106.7-107.5 ranges.
Nickel Sell below 948 stop loss 960 target- 938-930 ranges.
COPPER 12.06.2012
Copper 12.06.2012:- Buy above 410 stop loss 408 target- 413-416 ranges. (NEAL BHAI 9999974733)
CRUDE OIL 12.06.2012
CRUDE OIL 12.06.2012:- Sell Crude oil between 4685-4710, SL- 4750, Target -4620/4600/4580
GOLD UPDATES 12.06.2012
GOLD UPDATES 12.06.2012:- LONDON: Goldman Sachs Group predicted a 29% return over the next year from the Standard & Poor's GSCI Enhanced Commodity Index, led by energy and industrial-metals investments.
European policymakers will be able to contain the euro-area debt crisis, while recovery in the US and China is set to continue, Jeffrey Currie, head of commodities research in New York, said on Monday in a report.
Returns may be 41% in a year for energy investments, compared with 23% for industrial metals and 18% for precious metals, while agriculture is forecast to lose 14%, the report showed.
"Although the macroeconomic backdrop still remains uncertain, particularly in Europe, we believe that the selloff in commodity prices is likely overdone and the price risks are shifting more to the upside," Currie wrote in the report.
Commodities as measured by the S&P GSCI Enhanced Commodity Index dropped 13% in May and are down 9.1% this year on mounting concern that Europe's widening debt crisis will derail global growth and curb demand for commodities. Coffee, natural gas, cotton and crude oil paced declines.
Goldman Sachs cut its three-month outlook on commodities to neutral from overweight on March 28, while sticking with an overweight recommendation for a one-year period. Commodities may return 13% in a year, the bank said in April. (NEAL BHAI 9999974733)
European policymakers will be able to contain the euro-area debt crisis, while recovery in the US and China is set to continue, Jeffrey Currie, head of commodities research in New York, said on Monday in a report.
Returns may be 41% in a year for energy investments, compared with 23% for industrial metals and 18% for precious metals, while agriculture is forecast to lose 14%, the report showed.
"Although the macroeconomic backdrop still remains uncertain, particularly in Europe, we believe that the selloff in commodity prices is likely overdone and the price risks are shifting more to the upside," Currie wrote in the report.
Commodities as measured by the S&P GSCI Enhanced Commodity Index dropped 13% in May and are down 9.1% this year on mounting concern that Europe's widening debt crisis will derail global growth and curb demand for commodities. Coffee, natural gas, cotton and crude oil paced declines.
Goldman Sachs cut its three-month outlook on commodities to neutral from overweight on March 28, while sticking with an overweight recommendation for a one-year period. Commodities may return 13% in a year, the bank said in April. (NEAL BHAI 9999974733)
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