Commodity News 27th Feb 2013

COMMODITY NEWS

Bullion

Gold:
Price of Gold are expected to move around 30200-30280.It is adviseable to be trade around 30000 - 29950 with SL below 29870.

Silver:
Prices move around 55100-55200. It is advisable to buy around 54300-54200 with SL below 53800. 


Base Metal

Copper:
Prices recovered from 420.Day traders can move around 421 to 428. It is advisable to trade around 423-422 with SL below 420 for the target of 426-428. 

Nickel:
Prices are exepected to move above 900 with SL below 890 for the target of 915-918.

Lead:
Prices are expected to move around 125.30-125.50. Day traders are advised to trade with SL above 126.30 for the target of 123-122.50.


Energy

Crude:
Prices expected to move around 5000-5075. Day traders are advised to sell if prices sustain below 5000 with SL above 5035.

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