Commodity Energy Jackpot Tip

CRUDE CALL :-  SELLMCX Crude OIL 4862-4867    TGT1 4848 TG2 4823 SL 4888

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ALERT: CRUDE OIL Achieved our Target

As we have mentioned our Target of Crude Oil (MCX) 4801. 

                          Achieved. Green Money

                     
                    More News to our subscribers !!

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Buy MCX SILVER

Buy MCX (Nov) above 62750 TGT 63340, SL 62600

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Weekly Tip : Sell Zinc (Sept)

ZINC SELL ZINC (SEPT) BELOW 110.80 SL 114 TARGET 106

•  Zinc open interest slumps most in 16 Months as prices rise and LME cancelled warrant ratio jumps to 37.09%, highest since start of this year.
•  Increased buying by speculators, supported by pick-up in demand in the spot market mainly helped
•  Zinc futures to trade higher this week.
• While looking at weekly chart, MCX Zinc has taken resistance around 115.50 4 times since Sept 2010 making it a strong resistance. This week’s high was 115.15 and Zinc didn’t sustain above it.
• In LME Zinc has resistance around 2150 and support around 2070.

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Sell Crude Oil

CRUDE OIL                        Sell MCX CRUDE OIL (OCT) below 4950 SL 5060 TGT 4800

• US commercial crude oil inventories rose by 8.5 mb to 367.6 mb on resumed production in Gulf of Mexico after Hurricane Isaaac while gasoline stockpiles declined by 1.4 mb to 196.3 mb in the week ended Sept 14.
• The OPEC and the IEA executive director stated that the oil market is well supplied while OPEC spare capacity is at comfortable levels to balance the supply-demand.
• U.S. fuel demand in August dropped to the lowest level for the month in 15 years according to the American Petroleum Institute with total deliveries dropped 4.3% to 18.6 mb\day in August 2012 from a year earlier.
• Crude oil futures at NYMEX are trading near $93 and we expect oil prices to trade downside with re-sistance at $95 and support at $90 and $87. We recommend selling in oil prices on weak fundamen-tals on weak demand concerns with prices breaching support at $94. At MCX, crude oil (Oct) has im-portant support at INR 4790 and resistance lies at INR 5060

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Copper Looking Weak due to Strong Rupee

-We had Forecasted & written COPPER-MCX ….Will Hit and Will face Hurdle at 463.

On 14th Sept it kissed 462.95 & CRASHED !!

(Not crossing 463 ,Our Down Targets were :452—-449 )

Below 449…………..Already told to our Subscribers ,It will Melt upto 441—438 level in panic.

Will Update more to our Subscribers on Monday !!

Yes ,Our Upper Targets were :5077-5109 level.

Yesterday kissed 5054 & CRASHED to 4950 & closed at 4961.

154.50———156 are Hurdles.If crosses and Stays above 156 then ?

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