Pivot Point Table

Tuesday, September 18, 2012

Trading picks for 11 october 2012

Gold:

Buy gold around 31400-420 with stop loss below 31360 for target of 31510-600 for the day. Sell gold below 31360 with stop loss above 31425 for target of 31310-270-220.

Silver
buy silver on declines around 61900-61800 with stop loss below 61400 for targeting 62500-630. Rise around 63400-63600 sell silver with stop loss above 63900 for targeting around 62900-62600 for the day
Crude Oil:
 sell  crude below 4864 with stop loss above 4912 for target of 4845-4825 . Buy crude on decline around 4815-4790 with stop loss below 4740 for target of 4860-4905.

Natural Gas:
  sell natural gas on rise around 189-193 with stop loss above 196 for targeting 184-176.

Aluminium:
  buy aluminium on decline around 105.50-104.50 with stop loss below 104 for target of around 106.50-107.50

Zinc:
buy zinc on decline around 103.50-102.90 zones with stop loss below 102.40 on closing basis for target of around 106.30-108.70-111 in short term
Lead:
sell  lead around 117-117.50 with stop loss above 118.60 for targeting 115.80-114.60 . Positional traders can  buy between 115.70-114.80 for targeting around 119-123-125.

Nickel:
sell nickel . around 945-947 zones with stop loss above 956 for targeting 936-92

Copper:
  consolidation takes place  between ranges of 431-443. Stability above 443 would lead to 450 zones. While failure below 431 may take it towards 428-424 zones

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