Monday, August 31, 2009

Update 2: Intra day Prediction for commodities,Gold, Silver oil prediction for aug 31,2009

1. short curency futures ( US $-Re) at ( Rs 48.9975 and Rs 48.925) near month last traded at Rs 48.9875 to $1 as rupee has depreciated in line with our money prediction and may appreciate from these price limits today(NSE exchange)

 
Prediction posted in pre market hours:
 
 

all predictions are for futures traded on NCDEX  or MCX. Spot prices  when quoted in $( such as gold,silver,oil) may have different variability.For some of these specific buy or sell calls may be given during the day.
 
Gold: Futures likely to gain after initial correction and may move up in late afternoon. Buy futures on any correction in morning.gold futures can be shorted in morning.
 
silver: short silver futures in morning if it opens with gain. Buy futures in evening-late afternoon.
 
Turmeric: Short turmeric futures on any initial gain. Buy futures after first is profitable by afternoon
 
 
Pepper: volatile trade. If pepper opens with correction, buy future. it can be shorted in afternoon
 
 
 
Crudeoil: Buy oil futures if opens with correction. Oil can be shorted in morning if flat or positive.
 
$ vs Re: dollar futures may gain after initial correction.buy futures in morning after any rupee depreciation
 
disclaimer: usual risk disclaimers apply


 
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