Commodity Tips For 23 Jan

FOR IMMEDIATE RELEASE
Vadodara, Gujarat, India, Republic of (Free-Press-Release.com) January 22, 2012 -- TODAY’S Tip

The Equicom Call:
Buy Natural Gas (feb.) above 123
Target-125/128/132
For more tips call us 09200009266


A strong bearish trend is converting into consolidation. There is a chance of short covering.
Thus we recommended “Buy on Dips” strategy for trading. Strictly follow our support levels as
stoploss and resistance levels as target.


MARKET NEWS

Precious metals edge higher on China's positive economic data.

US crude oil inventories surprisingly decline by 3.4 million barrels.

CME announces open interest records in Henry Hub natural gas futures.

Aluminum production cuts reduce size of supply surplus.

Heavy selling in LME aluminum leaves it vulnerable to short covering rally.

ILZG June data shows stronger-than-expected refined zinc output.

Metals corrections lower, favors trimming copper position.

Nickel gains 8%, top performer in base metals.

DAILY LEVELS

CRUDE OIL

TREND : BEARISH
RESISTANCE 1 : 5015
RESISTANCE 2 : 5090
SUPPORT 1 : 4950

SUPPORT 2 : 4870
STRATEGY : SELL ON HIGHS

LEAD

TREND : BULLISH
RESISTANCE 1 : 109.50
RESISTANCE 2 : 110.30
SUPPORT 1 : 107.30
SUPPORT 2 : 105.60
STRATEGY : BUY ON DIP

The Equicom is a Financial Advisory Company which is specialized in providing tips and tips covering almost all the major segments of the equity market such as stock tips, stock future tips, option tips & nifty tips . The calls are given on intraday and positional basis. We also provide commodity tips including base metals, precious metals and energies along with agri tips.

FOR MORE INFO YOU CAN VISIT OUR SITE WWW.THEEQUICOM.COM OR CALL 09200009266 OR 0731-6458808

http://www.theequicom.com/images/stories/REPORTS/Commodity%20Analysis-%20Daily.pdf

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