Intra day Gold,silver and Crude oil prediction -august 24,2009

Intra day Gold,silver and Crude oil prediction -august 24,2009

1.Crude oil: Short futures if oil opens with gains -for early morning gains.However it may be better to buy futures upon morning correction for gains by mid day-afternoon.

2. Gold: Buy futures if gold corrects in morning on MCX for gains by afternoon or earlier.

3. Silver: Buy futures if silver futures corrects in morning. However both silver and gold may be volatile today.

4. Mustard seeds ( NCDEX): a volatile futures trade.If mustard futures is in green at time o f morning trade/opening, short futures. Buy futures if there is sharp correction in morning hours

5. Sugar -M Grade: Buy futures after waiting for a morning correction. short futures in afternoon if first part is profitable

A specific buy-sell call may be given.

disclaimer: all predictions carry risk. Pls adjust your trading portfolio to match your risk bearing capacityPls note no intra day prediction or weekly prediction will be posted for Indian stock markets today