Intra day Prediction for commodities,Gold, Silver oil -prediction for Sept 14,2009
Prediction for futures traded at NCDEX/MCX between 10 am-5pm unless otherwise mentioned
1. Bullion ,metal and Oil
a. Gold: Sell on morning gains
b: Silver: Sell on morning gains.Likely to recover in afternoon
c. Aluminium: Sell futures. May recover in late afternoon
d: Crude oil: sell in morning and may rise/recover sharply in late afternoon from a sharp dip
2. Agriculture commodities(NCDEX)
a. Pepper: Buy on morning correction/sell in afternoon
b. Soyabean: Volatile trade. Buy on morning correction. sell in late afternoon
c. Guar seed: Buy on morning correction. Could correct in late afternoon
d: Potato: Buy on morning correction.Sell in afternoon
disclaimer apply. It may be better to wait for buy/sell call as most of these commodities may display volatile trend today with possiblity of gain from both buying or selling at different times of the day.Risk/responsibility lies with those using these predictions.