Wednesday, 8 May 2013

Wednesday morning updates and intraday commodity calls for today

Today nifty cross the level of 6000 and trade on 6056 in positive side with the gain of 12. 50 % BSE sensex also up by 54.43 points and now trade on 19944 at 11.40 AM.

Bullion commodity looking on positive side yesterday it was showed negative movement and down by 400 points in silver .crude oil also supported at above 5000 points ,natural gas seen in bearish side, 

Trader association from Maharashtra have decided to launch an indefinite trade bandh acros the state Wholesale and retail traders from from Mumbai, Thane and Nagpur have been on an indefinite strike since last fortnight in protest against imposition of LBT(local body text)
                 you also  got exciting offers on ncdex tips

FAM is also considering a non-cooperation agitation where traders would be asked to pay only five per cent amount of value added tax

Intraday commodity calls : 

Buy gold above 26753 target 26773,26793, 26813 SL 26730 
Buy silver above 44833 target 44880, 44920, 44970 SL 44800
Buy cotton above 18030 target 18050,18070,18090 SL 18000

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