Gold range will be 28000 - 31000
Nickel above 910 can zoom higher so one can go
Buy abv 910 , Sl 900 ; target 940 in the coming sessions cmp 908.50
Lead can go max high to 136 as per current scenario
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Silver can touch 48200 in the evening session
NG & crude , shorts not recommended as the winter is back in US
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CRUDE OIL
Oman raises concern over BRENT CRUDE benchmarking , and has raised voice for the adoption of new benchmarking system before the international bodies. Benchmarking is the standard pricing which the majority of crude oil producers follow worldwide. The concern is all over the world production of crude is rising. But if we look year on year the BRENT CRUDE production is decreasing. Production is rising but still prices are not coming down. Approx 2/3 of the world crude oil producers follow Brent benchmarking. There is a serious debate in the international market regarding BRENT benchmarking.
Considering all the prices may remain volatile . One can
Buy Crude on dips till 6340 Sl 6300 ; target 6440
Nickel above 910 can zoom higher so one can go
Buy abv 910 , Sl 900 ; target 940 in the coming sessions cmp 908.50
Lead can go max high to 136 as per current scenario
-----------------------------------------------------------------------------------------------------
Silver can touch 48200 in the evening session
NG & crude , shorts not recommended as the winter is back in US
------------------------------------------------------------------------------------------------------
CRUDE OIL
Oman raises concern over BRENT CRUDE benchmarking , and has raised voice for the adoption of new benchmarking system before the international bodies. Benchmarking is the standard pricing which the majority of crude oil producers follow worldwide. The concern is all over the world production of crude is rising. But if we look year on year the BRENT CRUDE production is decreasing. Production is rising but still prices are not coming down. Approx 2/3 of the world crude oil producers follow Brent benchmarking. There is a serious debate in the international market regarding BRENT benchmarking.
Considering all the prices may remain volatile . One can
Buy Crude on dips till 6340 Sl 6300 ; target 6440
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