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

Summary: Out of 7 calls for five commodities/bullion, only one for Guar gum would have been triggered giving maximum possibleprofit of Rs 1650 on one lot and none on other. Approx. 6/7 calls were directionally correct.See charts.No indvidual eval done.

errors: In last review profit on pepper was given as Rs 9000 on erroneous asumtion of 10mt as lot size. Profit would be Rs 900 since lot size traded on ndex is 1mt.


Profit on US prediction-sept 11: Profit only for day trade on shorting was $1500 and $800 on long trade.total profit$2300 before brokerage.See review below

Prediction as posted during market hours on Friday Sept 11


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.