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