Review: Intra day Prediction for commodities,Gold, Silver oil prediction for Sept 7,2009

Predictions are also posted on mobile site ckal.mobi

 

summary: About 9/10 calls were correct ( some both sell/buy) Out of actual live calls, Pepper profit was Rs 9000, Turmeric zero, Oil max profit per lot Rs 2700, Soyabean-best prediction. no trade executed inspite of good call. Copper gained after buy  call but did not meet buy price limit.Gold and silver corrected in midday afternoon but did not give sell call.

 

Prediction as posted before markets opened today(below):see also updates giving sell/buy calls after this prediction. evaluation of prediction in colour/or underline

 

 

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

 

specific buy/sell call may be given  in some cases where possible

1. Gold : May correct especially from mid day to afternoon

 

 

Gold corrected in afternoon but did not give sell call.see update

2. silver: A correction is possible in silver  amidst  volatile trading

 Silver corrected in afternoon but maintained positive value

 

3. crude oil: Buy crude oil futures today

 

 

Crude oil gained today

 

 

4.Copper: Buy copper futures if it opens with correction. volatile trade.

 

Copper opened with some gains and reached a peak in afternoon after our buy call.

 

5. Pepper: Buy pepper if it corrects in morning

 

 

Pepper corrected in morning Buy call would have given some gains. Later sell call gave profits.see above and updates

 

6.Turmeric: Short turmeric futures if it gains in morning.

 

Turmeric corrected in morning after marginal gains. Sell call got in profits but closed at no loss no gain at rs 7650

 

7.Soyabean: sell soyabean futures (NCDEX) but may buy in late afternoon upon correction.

 

Best prediction. Soyabean corrected in morning and gained hugely in afternoon. erroneous typing in giving buy price limits

 

disclaimer apply. It may be better to wait for buy/sell call as most of these commodities may display volatile trade with possiblity of gain from both buying or selling at different times of the day