Late Morning Trading Strategies India August 16, 2012

Commodities are in for a churn again after the brief run up in Oil as we promised, with China reporting dismal FDI and the world going bull on GOLD following the predilection for the metal in India. GOLD is a Strong buy but not in trading terms , but in positional terms, Silbver might yaw even at $27 or INR53.5k likely down than up, but gold carrying and Oil is tired internationally at $94/$115 and will be down from INR5300 to even 5150



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