Wednesday 11 September 2013

GDP MAY GROW IN COMNING SESSION,CRUDE UPDATES FOR EVENING SESSION

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The GDP growth may rise up to 5.2% in the year 2013-14. Agriculture growth disturb in these year due to a well disturbance in monsoon . GDP growth could be double due to last year session up to 1.9 to 4.5 % .

if the agriculture growth surge by 6% so these may result increase in over GDP rate. Oil reach at 5.2 % in the current fiscal year.

Whole commodity market shows sluggish position at evening time.all mcx metals was unchanged today,it look like same as the morning time when it was opened.we seen change move in crude it decrease by 18 points to evening open trade .

and we also seen an improvement in dollar price ,it was not going too much hike position and become stronger after coming to new governor .

Evening crude updates


SELL Crude oil TGT 6810,6805,6800 SL 6825 

Support -  6660, 6715, 6730 

Resistance -6900,6950,7000

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