Review of August 24, 2009's intra day gold silver,commodity predictions posted on www.ckal.in .
Scroll down to read weekly oil , gold and silver predictions. also on www.ckal.in ( www.allpredictions.blogspot.com)
Intra day Gold,silver and Crude oil prediction -august 24,2009
1.Crude oil: Short futures if oil opens with gains -for early morning gains.However it may be better to buy futures upon morning correction for gains by mid day-afternoon.
2. Gold: Buy futures if gold corrects in morning on MCX for gains by afternoon or earlier.
3. Silver: Buy futures if silver futures corrects in morning. However both silver and gold may be volatile today.
4. Mustard seeds ( NCDEX): a volatile futures trade.If mustard futures is in green at time o f morning trade/opening, short futures. Buy futures if there is sharp correction in morning hours
5. Sugar -M Grade: Buy futures after waiting for a morning correction. short futures in afternoon if first part is profitable
A specific buy-sell call may be given.
disclaimer: all predictions carry risk. Pls adjust your trading portfolio to match your risk bearing capacityPls note no intra day prediction or weekly prediction will be posted for Indian stock markets today
Gold, Silver and oil prediction for week August 24-28,2009.
1Gold Likely to gain after initial correction. Buy upon monday-tuesday correction till mid week. a mixed volatile week.
2. silver: Short futures on any intra day gain at begining of the week for gains. Gains may appear by mid week to end week when intra day correction is possible for both gold and silver
3. Crude oil: Buy futures on early week correction as crude oil may gain over the week
disclaimer: all risk disclaimers apply. Weekly predictions may have higher risk than intra day predictions
Commodity and Bullion Gold price Prediction for August 21
1. Crude oil: Oil may be volatile today. Buy futures if oil corrects in morning which may peak in afternoon. Buy futures again if oil corrects in late afternoon. ( trading time on NCDEX/MCX from 10-5 pm is considered- same for gold)
2. Gold: Short gold futures if it opens with gain. There may a steep correction or fall in morning Gold can correct again in late afternoon after a rise in afternoon. a volatile day
3. Soyabean :Short Soyabean futures as price is expected to fall most of the day
4. Jeera: Buy on every correction. Futures trade may be volatileDisclaimer: Risk of trading using these prediction lies solely with the trader/user of these predictions
1. Crude Oil ( MCX): After initial rise possibly peaking in after noon oil futures likely to gie up gains ( 10 am -5 pm). Buy futures in morning and short in afternoon or on initial good rise
2. Gold: Buy gold futures in morning ( MCX) which may peak in afternoon. Gold spot prices are indicated to fall in afternoon ( 10 am -5 pm) Please note gold futures on MCX and NCDEX reflect both gold post price and currency fluctuations hence futures may differ from spot prices quoted on kitco.com in $ terms
3. Potato: short potato futures ( NCDEX) as it is expected to fall except for a short rise in afternoon when it canbe shorted again.
4. Turmeric: short turmeric futures if it opens with good gains in morning (NCDEX). exit shorts by afternoon( there is more risk in this predction today)
Disclaimer: Risk and responsibility of using these prediction lies solely with the user
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