Weekly Commodity Observer 15 to 19 feb 2010

Research report by 'Centre for Equity and Economic Research'
     
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Weekly Outlook:


Gold (CMP-16487) Upside caped 16630/16740 levels with major support around 16130 levels


Crude Oil (CMP- 3468) Likely to continue consolidating above 3350/3370 levels in coming week


Copper (CMP- 313.70) May test 224/227 levels, with mid-term support in the range of 301/297 levels


Aluminium (CMP-94.65) Consolidation above 92 levels may allow aluminium to test 97/99 levels in weeks to come


Zinc (CMP- 102.30) Zinc to find stiff resistance around 104/107 levels in weeks to come


Lead (CMP-99.90) May move towards 113 levels in weeks to come with weekly support around 89 levels


   
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