My g+ Profile

-->

Tuesday, November 30, 2010

COMMODITY MARKETS OUTLOOK FOR THE WEEK (29th Nov – 3rd Dec ‘10)

FREE Commodity CALLS CLICK HERE

SILVER:

For the next week in metals COMEX silver can be bearish below the level of $2630, if next week COMEX silver sustains below the level of $2780 then below the level of $2630 it can test the level of $2560, in MCX silver we suggest traders to take short position below the level of 40000 for the target of 39300.

JEERA:

For the next week in Agri commodities Jeera can be bearish below 14200, as we saw last week when other spices were bullish Jeera was sustaining at lower levels . Therefore for the next week traders should use the strategy of selling on higher levels in Jeera. Next week if Jeera sustains below 14700 then below 14200 it can touch the level of 13850.

Get Free MCX Tips on your mobile daily.