Thursday 5 June 2014

Intraday Calls 5-June-2014 - PreMarket

Premarket Strategy 5-June-2014


Natural Gas:
If 277.5 resists, we may see 273, 269.

Crude:
We may see some down fall towards 6085. If that happens, we can buy with stoploss 6055, targets: 6100, 6139, 6154, 6175.

Aluminium:
Support: 107.50 Resistance: 109.80.
Trade Idea:
Buy between: 108.10 - 107.9, SL 107.5, Target: 108.65/109/109.3
Sell between 109.00-109.3, SL 109.8, Target: 107.6, 106.9, 106.30

Copper:
If and if only 405 supports, we may see a big rally.
Support: 405
Risky trade: Buy between 406-406.5, SL 404.5, Target: 407.6, 408.8.
If 405 holds support, positional target are: 415, 418, 422 and above.