For the MCX traders I give below the pivot points for 12th
September.
As I have said before the Nifty’s turn around shows that some
profit booking happening. Traders should be watchful because the correction
could be high. Anyway one trading session will certainly decide its course
The silver and gold were trading little bit low in the last session.
That doesn’t mean that they are weak. They are most sought after and likely to
rise again, since there are traders in the market who buy them on dips. I too
believe that even short term investment in these metals could yield desirable
results. Taking positions in Goldguinea can also be considered at this point.
|
|
R3
|
R2
|
R1
|
Pivot
|
S1
|
S2
|
S3
|
|
ALUMINI
|
115.68
|
114.77
|
114.18
|
113.27
|
112.68
|
111.77
|
111.18
|
|
COPPERM
|
460.23
|
457.42
|
455.13
|
452.32
|
450.03
|
447.22
|
444.93
|
|
CRUDEOIL
|
5424.00
|
5398.00
|
5377.00
|
5351.00
|
5330.00
|
5304.00
|
5283.00
|
|
GOLDGUINEA
|
25769.33
|
25709.67
|
25640.33
|
25580.67
|
25511.33
|
25451.67
|
25382.33
|
|
GOLDM
|
32142.67
|
32067.33
|
31981.67
|
31906.33
|
31820.67
|
31745.33
|
31659.67
|
|
GOLDPETAL
|
3227.67
|
3220.33
|
3212.67
|
3205.33
|
3197.67
|
3190.33
|
3182.67
|
|
LEADMINI
|
118.70
|
117.85
|
117.30
|
116.45
|
115.90
|
115.05
|
114.50
|
|
NATURALGAS
|
186.67
|
177.13
|
171.47
|
161.93
|
156.27
|
146.73
|
141.07
|
|
NICKELM
|
941.90
|
936.90
|
932.00
|
927.00
|
922.10
|
917.10
|
912.20
|
|
SILVERMIC
|
64834.67
|
64567.33
|
64192.67
|
63925.33
|
63550.67
|
63283.33
|
62908.67
|
|
ZINCMINI
|
112.97
|
111.88
|
111.02
|
109.93
|
109.07
|
107.98
|
107.12
|
Happy trading!
No comments:
Post a Comment