Intra day Prediction for commodities,Gold, Silver oil -prediction for Sept 11,2009

This is with reference for futures trading on NCDEX/MCX unless otherwise mentioned  and only for tradng between 10am -5 pm.

 

1. Gold : Sell gold futures at Mcx  at Rs 15820 and 15840 before 2-3 pm . Buy Gold if it corrects in afternoon to Rs 15700 and 15650 

 

 

2. silver now at Rs 27120 at mcx . Sell silver at sr 27250 and 27300 before 2pm but buy if it touches  Rs 26700 and 26750  in afternoon.

 

3. sell pepper futures at SR 14500 and Rs 14600

 

4 sell  soyabean futures at NCDEX if touches over Rs 2080 and Rs  2090 in afternoon. Correction may come late in day

 

5. Buy guar gum futures at ncdex at Rs rs 4610 and 4590. sell futures at Rs 4680 before  2pm

 

Usual risk /responsibility disclaimer apply.