This week, commodities market will make ride upward. Trending higher the last couple weeks and I hate to say it but the direction of the markets is hinging on whether there is a resolution by the end of the year. The bullion sector has come to life in the last couple days. It will be interesting to see if we can get a good move here. Crude oil support level $85 and it could be stuck in the $85-$90 range until a major news events causes a breakout in either direction. Overall market is still looking strong and in future continues… This two week MCX isn’t good for long term trading.
110% Looking very hot!
Once it should be open upside and trade on it like hungry tiger with S/L 443. Targets: 446-446.8-447.2+
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Ultimate targets: 115.6-116
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