Sensex

Thursday, November 26, 2009

[indianstockmarket] Newsletter for Commodity based on Trend - from crnindia.com

 


  COMMODITIES LETTER

                  For 27th November 2009

Commodity letter is prepared on the basis of the technical study of the daily charts. During the analysis, we do not refer to the intraday charts at all.

  • The closing rate of the commodity at the end of the trading day is seen while analyzing the trend of that commodity.
  • All the below mentioned commodities are categorized in four. Metals traded at MCX , Commodities traded at NCDEX, Commodities traded at  MCX and Metals traded in Comex. 
  • We are mentioning the most active futures and the next month futures for most of the commodities


                Find below the technical levels for the Metal Commodities traded at MCX.

Commodity Name  Month Expiry Date  Position TREND Rate Changed at Trend Changed Reversal
Copper November 30/11/2009 Long Up 314.50 16/11/2009 Sell < 315
Copper February 05/02/2010 Long Up     Sell < 313
Crude Oil  December 16/12/2009 Short Down 3640 13/11/2009    Buy > 3660
Crude Oil  January 16/01/2010 Short Down 3681 06/11/2009    Buy > 3700
Gold December 14/12/2009 Long Up 14012 21/08/2009 Sell < 16600 
Gold February 05/02/2009 Long Up 15666 30/09/2009 Sell < 16800 
Lead November 30/11/2009 Long Up 109.45 18/11/2009     Sell < 106 
Lead December 31/12/2009 Long Up     Sell < 106 
Nickel November 30/11/2009 Short Down 862.90 30/10/2009 Buy > 800 
Nickel December 31/12/2009  Short Down     Buy > 800 
Silver December 05/12/2009 Long Up 27899 16/11/2009 Sell < 26800 
Silver March 15/03/2009 Long Up 28057 16/11/2009 Sell < 27100 
Zinc November 30/11/2009 Long Up 105.45 25/11/2009 Sell < 102
Zinc December 31/12/2009 Long Up 105.90 25/11/2009     Sell < 102
Natural Gas December 29/12/2009 Long Up 236.30 25/11/2009 Sell < 222
Natural Gas January 23/01/2010 Long Up 240.80 25/11/2009 Sell < 227

 


                  Find below the technical level for Commodities traded at  NCDEX.
 

Commodity Name      Month Expiry Date  Position Trend Rate Changed at  Trend Changed Reversal
Castor Seed December 20/01/2009 Long Up         Sell < 3000
Channa December 18/12/2009 Long Up 2681 18/11/2009 Sell < 2600 
Channa January 20/01/2010 Long Up 2536 21/10/2009 Sell < 2700 
Chilli December 18/12/2009 Short Down 6187 23/11/2009 Buy > 6350 
Chilli February 20/02/2010  Long  Up           Sell < 5700 
Guar Seed December 18/12/2009 Long Up 2444 20/09/2009 Sell < 2620 
Guar Seed January 20/01/2010 Long Up         Sell < 2760
Guar Gum December 18/12/2009 Long Up 4774 29/09/2009 Sell < 5600 
Guar Gum January 20/01/2010 Long Up         Sell < 5620
Gur December  18/12/2009 Long Up 1082.60 03/11/2009 Sell < 1090 
Gur January  20/01/2010 Long Up         Sell < 1150
Jeera December 20/12/2009 Long Up           Sell < 14300 
Jeera January  20/02/2009 Long Up           Sell < 14500 
Pepper December 18/12/2009 Long Up 15710 23/11/2009    Sell < 14900 
Pepper January 20/01/2010 Long Up 14585 22/10/2009 Sell < 15200
Soyabean December 18/12/2009 Long Up 2046 25/09/2009 Sell < 2290 
Soyabean January 20/01/2009 Long Up 2065 25/09/2009 Sell < 2240 
Turmeric December 18/12/2009  Short Down 10937 18/09/2009        Buy  > 11600 
Turmeric April 20/04/2010 Short Down         Buy > 7240

               


             Find below the technical level for Agro commodities traded at  MCX. 

Commodity Name Month Expiry Date Position Trend Rate Change Trend Changed Reversal
Cardmom December 15/12/2009 Long Up            Sell < 824 
Mentha November 30/11/2009 Long Up 535.20 04/11/2009 Sell < 580
Mentha December 31/12/2009 Long Up 541.60 04/11/2009 Sell < 590

                  


               Find below the technical levels for the Metal Commodities traded at COMEX.

Commodity Name   Position TREND Rate Changed at Trend Changed Reversal
Gold Long Up 1019.95 05/10/2009 Sell < 1100 
Silver Long Up 17.69 11/11/2009 Sell < 17 

 

 


 Clarification:
* Means the level has changed since the last trading day.
** Means the trend has changed since the last trading day.
BOLD means that the commodity contract is added on the present day.
Some places might be empty which indicates that the trend continues since the onset of the commodity
Reversal of trend has to be see as per the closing of the respective commodity
 

Disclaimer : Trading in Commodity market is very risky and there are every chances of making losses.
For quick reply email to neera@crnindia.com 

 

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Disclaimer:Stock Market trading is risky and this email does not warrant or make any representations regarding the use or the results of the materials posted on this group or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. This group does not guarantee the accuracy or completeness of any information and is not responsible for any omissions.
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