COMMODITY UPDATES

CRUDE :

Crude has fallen very sharply in the past week from 5460 levels and presently trading at 4960 levels.
There is greater possibility for the DEAD CAT bounce.

If it fails to breach 5000 in the nest 3-4 trading sessions then we can expect 4900-4850 levels on the downside.

COMMODITY UPDATES

SILVER

In my opinion SILVER can 

touch 60500 levels on 

the downside if it 

breaches 62600 on 

the downside.

There is nothing great about it...

its only the chart that suggests..

SILVER UPDATES

SILVER

After giving some solid and volatile moves silver is set for some minor corrections.

After its move from 53K to 64K, traders are expected to book some profits....so it will be a minor correction till 63K.

Once it touches 63K and keeps there.....once again long positions can be build for an upmove till 66K-68K.

we will tell the exact moves sometimes later.
Till then, happy trading...