Review: Intra day Prediction for commodities,Gold, Silver oil -prediction for Sept 14,2009

Summary: 10/14 predictions were correct. onspecific buy/sell calls, loss on potato was Rs 1650,loss on pepper was Rs 750 and gain on other lot rs 250(net loss rs 500), gain on aluminum(max possible) on one lot was Rs 2000. great opportnity was missed onsilver as buy target of Rs 450 fell short by Rs 20 (see charts)

Pls note to avoid cluttering review of commodities is posted on www.ckal.in while review of stock markets will be posted on www.kal.in

Prediction as posted on Monday pre makret hours(bleow) followed by buy/sell calls on 4 of them:

Prediction for futures traded at NCDEX/MCX between 10 am-5pm unless otherwise mentioned

1. Agriculture commodities(NCDEX):

a. Gold: Sell on morning gains

b: Sell on morning gains.Likely to recover in afternoon

c. Aluminium: Sell futures. May recover in late afternoon

d: Crude oil: sell in morning and may rise/recover sharply in late afternoon from a sharp dip

2. Bullion ,metal and Oil

a. Pepper: Buy on morning correction/sell in afternoon

b. Soyabean: Volatile trade. Buy on morning correction. sell in late afternoon

c. Guar seed: Buy on morning correction. Could correct in late afternoon

d: Potato: Buy on morning correction.Sell in afternoon

disclaimer apply. It may be better to wait for buy/sell call as most of these commodities may display volatile trend today with possiblity of gain from both buying or selling at different times of the day.Risk/responsibility lies with those using these predictions.