Monday, December 31, 2012

Monthly Commodity Reports : Jan 2013

TRUE INFOTEC: MCX COMMODITY TECHNICAL MEDIUM TERM OUTLOOK REPORTS FOR JAN 2013 IS AVAILABLE.


To get this report mail me with your name and Mobile no.


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Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111
Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Friday, December 21, 2012

MCX CPO Medium Term Outlook




CPO Medium Term Outlook: A long term up move was finished on May 2012 (which was started since Dec- Jan 2008-09) with lower closing at 585.90; after tested resistance at 632.00 levels. After that this is an eighth continues month of downward in CPO prices. As per candle stick patterns there is no sign of reversal on chart. The theory of Fibonacci Retracement suggests support seen at 380.00 levels which is 62 % Fibonacci Retracement level from 228.50 to 632.20 moves. Breaks below 380.00 levels next supports are seen at 359.00 then 342.00 levels as per candles swing low.

{May or may not be} dramatically CPO prices will be touch 324.00 levels which is 76.4% Fibonacci Retracement level of the same range.

On the above chart initial Resistances are seen at 430.00 levels which is 50% Fibonacci Retracement and 445.00 then 460.00 levels as per candles swing low.

Exchange
S3
S2
S1
R1
R2
R3
MCX CPO
342
359
380
430
445
460
Probabilities
A small quantity buying will be initiated at 392-396 levels for the TGTS of 418-428 levels with stop loss of 378.00 levels on daily closing basis. CMP 405.80

SELL MCX CPO 430-432 TARGETS 398-388 LEVELS WITH STOP LOSS OF 448.00 LEVELS ON DAILY CLOSING BASIS, CMP 405.80

SELL BELOW 360.00 to 368.00 LEVELS TARGETS 320-290 LEVELS WITH SL OF 418.00 LEVELS ON DAILY CLOSING BASIS, CMP 405.80








.

...to be continued


Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Monday, December 17, 2012

Mentha Oil Hourly Head and Shoulder Pattern



TRUE INFOTEC: WEEKLY CALL: SELL MCX MENTHA OIL 1410-1418 LEVELS TGTS 1340-1300 LEVELS SL 1450.00, CMP 1385.30


....to be continued


Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in

Saturday, December 1, 2012

Base Metals Medium Term Technical Outlook : Dec 2012


Exchange
S3
S2
S1
R1
R2
R3
MCX Copper
422
428
434
451
457
462
Recommendation
Buy MCX Copper 434-432 TGTS 455 – 462 Stoploss 420.00, CMP 441.00


Exchange
S3
S2
S1
R1
R2
R3
MCX Nickel
880
912
925
980
1010
1030
Recommendation
Buy MCX Nickel 928-925 TGTS 980 – 1020 Stoploss 900.00, CMP 955.00



Exchange
S3
S2
S1
R1
R2
R3
MCX Lead
108
112
117
125
128
134
Recommendation
Buy MCX Lead 119-117 TGTS 128 – 134 Stoploss 111.00, CMP 122.00


Exchange
S3
S2
S1
R1
R2
R3
MCX Zinc
104
106
108
114
116
125
Recommendation
Buy MCX Zinc 107-108 TGTS 115 – 118 Stoploss 104.00, CMP 111.10



Exchange
S3
S2
S1
R1
R2
R3
MCX Aluminium
104
107
109
116
120
124
Recommendation
Wider Trading Range

....to be continued

Regards 
Pradeep Karnani
09966028055

www.trueinfotec.in
LL: 040-40271150 / 27757500

Toll Free No. 1800 4250 1111

Disclaimer: The information and opinions contained in the document have been compiled from sources believed to be reliable. The company does not warrant its accuracy, completeness and correctness. The document is not, and should not be construed as an offer to sell or solicitation to buy any commodities. This document may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from “TRUE INFOTEC”. Your feedback is appreciated on info@trueinfotec.in