KEDIACOMMODITY REPORT AS ON 17012010

Kedia Stocks and Commodities

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 Monday 22nd feb important day for bullion / base metal this has rallied in last 10-12days. In next 3-4 session market is line up with more important news, we have seen bullion jumped on bailout news but if we see the currency pair doesn’t more much like dollar index still ranging near to 80marks and euro still below 1.3850 today’s midnight’s fomc meeting minutes & federal budget balance are expected to support dollar. Monday china market will open so base metal can pull back before that as china has left the copper @ 290 levels and now we are at 328 level. So be alert till Monday.
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weekly Nifty Observer 15 to 19 march 2010   Source: Centre for Equity and Economic Research
Weekly Copper Update (CMP-340.25) Chart as on March 12th   Source: Centre for Equity and Economic Research
Weekly Aluminium Update (CMP-102.15) Chart as on March 12th, 2010    Source: Centre for Equity and Economic Research
Weekly Gold update (CMP-16447) chart as on March 12th 2010   Source: Centre for Equity and Economic Research
Weekly Zinc update (CMP-106.1) Chart as on March 12th 2010   Source: Centre for Equity and Economic Research
Weekly Lead update (CMP-102.55) chart as on March 12th 2010    Source: Centre for Equity and Economic Research
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