Global news related to the trending topics

Precious Metals continue its go high and high silver crossed 21600 and gold touches 11800. Gold is on Its record high in US dollor. Reason behind its strongness is very interesting. Dollor is falling very deeply against euro which is also supported by US fed rate cuts time to time. Use of Gold in place of dollar is also giving strongness to gold to rise to a make new records. It is very important to be very catious to trade in silver and Gold due to its high place but indication are for more so keep watching every trends and reports which may decide further trends for silver and Gold

Gold jumps to record highs on Monday, boosted by dollar weakness and a power crisis in major producer South Africa that derailed output. The rise in precious metals also pulled silver to a 27-year high. Spot gold sets a new record high $929.20 per ounce on dollar fell versus the euro, making bullion priced in the U.S. currency cheaper for non-U.S. investors, as markets anticipated the U.S. Federal Reserve's policy meeting this week. Markets are aspecting that the Fed will cut interest rates by as much as 50 basis points after the two-day policy meeting ending on Wednesday. The reason behind this speculation is data showing weaker than expected U.S. new home sales in December.

Their is some mistake in zinc stop loss please change it to 91.90

Sell Copper below 279 tgt 277.50-276-274 s/l 280.20 sell gold below 11093 tgt 11070-11050-11030-11000 s/l 11120 Sell Zinc 90.90 tgt 89.80 - 89 - 88.10 s/l 100.80

Sell Kapas 483.60 tgt 482.10-480.50-479 s/l 485.10 Sell Jeera 11660 tgt 11610-11550-11500-11450 s/l 11725 Add Sugar 1505 tgt 1513-1520-1525-1535 s/l 1495

Sell Silver below 20580 tgt 20450-20350-20200-20100 s/l 20710

Sell SIlver 20755 tgt 20670-20600-20520-20430-20350-20210 s/l 20850 Sell Gold 11270 tgt 11240-11200-11150 s/l 11310

Sell Lead 103.10 tgt 101.80-100.50-99 s/l 104.50

Jeera Ist Tgt Achieved

Sell Jeera Feb. 11925 tgt 11870-11840-11790-11750-11700 s/l 11970

Sell Potato 562.50 tgt 558-554 s/l 566 Buy SugarM200 1481 tgt 1489-1495-1500 s/l 1476

Exit from long position in Crude

Sugar Target IInd Achieved

Sugar Ist Target Achieved

All Silver & Gold Target Achieved

Silver IInd Tgt Achieved Potato Ist Tgt Achieved

Gold IIIrd Tgt Achieved

Silver Ist Target Achieved Gold IInd Target Also Achieved

Gold I st tgt Achieved

Add Potato Abv 560 tgt 564-567-570 s/l 556 Add Kapas 476 tgt 478.50-480-481.50 s/l 474 Add SugarM200 abv 1464 tgt 1470-1476-1485 s/l 1459

Buy Crude abv 3650 tgt 3675-3690-3710-3730-3750-3770 s/l 3620 Buy Silver abv 20950 tgt 21010-21080-21150 s/l 20890 Buy Gold abv 11310 tgt 11335-11350-11370 s/l 11285

Copper IInd Target Achieved

Silver IInd Target Achieved

Copper Ist Target Achieved

Silver Ist Target Achieved

Sell Silver 20920 tgt 20850-20770-20650-20540-20330-20240 s/l 21025 sell Copper 287 tgt 285.50-284-282.50-280-278 s/l 289.70

Potato Ist Target Achieved

Basemetals and Bullions are very steady so wait for clear trend till LME Data

Yesterday Gold jumps to record High of 895 USd and Silver for 27 seven Years high due to dollor continue to get sour against Euro. Due to speculation of futher fade rate cut dollar sliped heavily against Euro and so bullions restarts making new records. Till evening trading Bullions are looking some weak Yeaterday and dipped for about 2% but in night Trding they started to rising up and Gold Touched a record high of $895 and SIlver, 27 Years High.

Sell Potato below 552 tgt 548-544-540-536 s/l 556

Buy Curde 3710 tgt 3730-3745-3770-3790 s/l 3680

All Targets Achieved in Zinc And Crude

crude III rd Target Achieved

Zinc IIIrd Target Achieved

Copper IInd Target Achieved

Book 50% Profit in Copper , Zinc and Crude and Hold with Modified s/l 285.10, 97.50, 3750 Respectively

Crude IInd Target Achieved

Crude Ist Target Achieved

Sell Crude 3755 tgt 3735-3720-3700-3685 s/l 3785

Zinc Ist Target Achieved

Copper Target Achieved

Sell Copper 285.50 tgt 284-282-280-278 s/l 288 Sell Zinc 98.40 tgt 97.50-96.20-95.40-94.50 s/l 100

Silver all Targets Achieved

Silver II nd Target also Achieved

Silver Ist Tgt Achieved

Sell Silver below 20670 tgt 20600-20520-20450-20360 s/l 20730 Use stricktly s/l due to high votality

Base Metals and Bullions are looking very strong from Yesterday, all Items gained a lot yesterday, Today it is looking strong so hold your long Positions with strictly Stop Loss

All Targets of Silver & Gold are achieved

Gold Ist Target Achieved

Buy silver abv 20100 tgt 20180-20260-20350-20420-20500 Stop Loss : 19980

11034 tgt 11049 - 11066-11080-11110-11150 s/l 10984

Base Metals are looking weak due to surplus LME Inventory Data yesterday it is also aspected to another gain in LME Data Today. So We should hold any short in Copper, Zinc , Nickel and Lead and all other Base Metals.

Sell Copper Below 276 tgt 274-272.50-271 s/l 278 Sell Zinc Below 99.30 tgt 98.10-97-95.70-94 s/l 100.80

Silver 1st target achieved

Sell silver below 19850 tgt 19770-19700-19620-19550-19450 s/l 19960

Sell Copper 272.50 tgt 270.50-269.50-268.50-267.50 s/l 274.50

sell lead 102.65 tgt 101.20 s/l 104

Jerra target Achieved

In the short term Base Metals are looking some strong ahead of demand-supply factors, but in long term price determination factors are showing some weakness in all base metals specially Zinc and copper. So we can sell zinc and copper on every sharp rises. ( Please Check news and condition before any trade)

BUY JEERA FEB ABV 11430 T 11530 SL 11370 : NCDEX

Target Achieved

Sell Copper 279 tgt 277 s/l 280.50 Sell Lead 105.30 tgt 104.20-103.50 s/l 106.30

Sell Copper 268.10 tgt 266-265-264 s/l 270