Intraday commodity strategy and gold|silver|crude tips

Today crude oil opens at slightly high form yesterday closing on MCX for February contract. Currently crude is in good position for intraday trading.  Today crude touch an intraday high 5257 with a low of 5253 at 10:14 am.

Buy crude oil above    5255 tgt 5265, 5280, 52300……………sl 5210

On Precious metal silver again cover it past positive movement and ready to rock again on MCX it open at 57699, and it touch an intraday high of 57850 and on domestic market it goes higher.

Buy silver above 57750 tgt 57800, 57900, 58000…………….sl 57500

For 5 April contract gold is open at 30602, today gold looking in good position and expected to go higher on Domestic market.  Gold is expected to trade in the range of 30400- 30800.

Buy gold above 30600 tgt 30650, 30700, 30850…………..sl 30350

Base metal on MCX quite positive with green flag but movement is not very high. Some good movement is expected from nickel and copper.

Today intraday calls

Buy nickel above 986 tgt 988.50, 990.50, 995…………sl 978

Sell cotton below  17000 tgt 16970 16950 , 16910……………sl 17090

Sell mentha oil below 1364 tgt 1362, 1360, 1355…………sl 1373

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