15/12/2011

Currection Is Almost Over : But Over Reaction still in action! Gold, Copper.

Good Morning,
A shiny day has been started with red bias for Indian markets every side we are experiencing selling pressure.
last night we seen strong sell off in precious metals , crude oil and copper . actually one correction was pending in the listed scrips. but now they have been corrected almost to there lower level of support level. and in other side the puree don't want to revers and hitting rock bottoms and this scenario will continue.......
                                  Now what next ? i want to suggest if anyone have a money in hand then invest in Copper at current price level with stop-loss of 379 and target will be 415. and gold has been acted very panicking as every market overacts to all major moves in a single day Indian markets also do. just be aware about stoploss and stay with the trend. so now you have to know that what is the major trends of the Indian capital markets are :

Stock Market :                       Down
Gold , Silver :                         Secondary Down
copper :                                 Up
Base metals & Gas :              Down
Rupee :                                 Down



Thanks
_____________________
Mr. Yuvraj Kalshetti.
my trading corp.
Shop no. 3, Kalshetti Complex,
Saraf line , Omerga, 413606
02475 - 251888

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