Trading picks for 17 September 2012

Gold:

Sell gold below 31816 with stop loss above 31930 for targeting 31720-630-530.for the day and 2-3days. If metal manage to spend some time above 31970 then a buying trade can be taken with stop loss of below 31830 for targeting around 32.070-32160 for the day

Silver
 Buy silver on decline around 63200-63300 for targeting 64000-65000 with stop loss below 63000.

Crude Oil:
Sell crude on rise around 5370-5390 with stop loss above 5425 on closing basis for targeting 5250 for the day and short term.  sell crude below 5310 with stop loss above 5345 for targeting 5265-525.

Natural Gas:

 Buying on decline around 152-153 zones with stop loss below 147 for targeting 161-169.

Aluminium:
Selling aluminium around 116.90-117 with stop loss above 117.50 for targeting 116.20-115.60 . Buy above 117.40 for targeting 118.10-119 with stop loss below 116.85.

Nickel:

Buying nickel above 964 for targeting 972-978 with stop loss below 953. Sell nickel below 953 with stop loss above 964 for targeting 944-937.

Copper:
Sell copper below 456 with stop loss above 458.50 for targeting 453.50-451.50. Buy around 448.50-449 with stop loss below 445 for targeting 456-466.