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Equity Buy/Sell (Technical View)
Ø COMMODITIES :
o Silver : We had earlier mentioned when silver was around 43000 to buy with a target of 47000. Silver has touched 48900. Though it has the potential to touch 50,000, we would advise investors to lighten their positions and move up the trailing stops. We repeat that after this current leg of upmove, silver could see 10-15% correction.
o Copper : Trailing stops ( for risk averse investors) would have triggered at 450/90. But for others, the stop loss is far away at 424. It seems to be consolidating and could move up. One has to watch.
Have Strict Stop Loss
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