Sunday, November 28, 2010

Weekly Trading Strategy

Weekly Picks
USDINR Dec: Take shorts on rally to 46.15-46.20 for a target of 45.70 keeping stop loss above 46.50
EURINR Dec: Take long on declines to 60.50-60.60 for a target of 61.50 keeping stop loss order below 60.20
Buy Copper February contract on MCX around 380-378 for a target of 395 maintaining stop loss below 375
Sell Spot Gold at $1368-$1370 for a target of $1330 with stop loss above $1385

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