06Th May 2011: Base Metals: Technical bounce back is possible across all base metals.For intrady only Buy Copper above 402 Target : 406 SL: 400. Sell copper below 400,SL 403 Target: 388. Buy Lead above 104 .Target : 106 SL 103. Zinc Trend is weak. Silver: COMEX have raised margin requirement by more than 80%…
Is Silver Season Over?
Yesterday Spot silver lost more than 12% within few minutes while Gold fell more than 2%. The metal was overdue for correction and selling was triggered after CME and other brokers enhanced the margin requirement for long positions in Silver.It leads speculators to cut their long positions,,also stop losses get triggered after breaking of certain…
JOBBING, ARBITRAGE AND HEDGING OPPORTUNITIES IN INDIA:
There are different kind of peoples active in the markets. 1.INVESTOR : Investors have a very long term approach.Short term volatility never mind them. They always invest based on fundamental study of respective stock or commodity. This cateogaryis normally found in cash market,,not in future or option market. 2.TRADERS : Traders have a attitude of short term…