Monday, June 2, 2014

Aluminium


Aluminium (running from trend reversal point 105.70) now major hurdle and target is 110...and now keep stoploss 108.34 and hold the position.  

No fresh long here...

Copper


Copper has broken our trend change line (Refer RED LINE) in 7th January 2014...

In May 12th and 26th tried to close above the level (Refer Red Line)...failed..

Today again making a attempt to change the trend..

As such our trade in copper is "Neutral"...

We will wait for solid buy mode..

Crude




Crude Short (level 6110) now revise trailing s/l to 6091 (keep profit trailing s/l ) and keep the target 6057.


Lead - Target Hit



Refer our previous post, Lead (June Contract) our Target 125.30 hit nicely.....

Check our s/l never hit.....

This is the opportunity...entry and exit.




Lead



Lead opportunity buy initiated at 124.10....now keep trailing stoploss at 124.30 and run the position for a target of 125.30..




Nifty - View



As such Nifty is holding the uptrend level of 7188...

No positional short in nifty...