Gold

GOLD

Its struck in narrow range , after rising to $689

Trading range for next 3 days is seen at $656-680 .

Gold closely follows crude price now ,,,,,,,,,,,,

Cheers

UPDATES

Hi all

Regular updates shortly ,,,,,,,we will inform in orkut and yahoo groups

Cheers

Crude oil -updates

Crude oil :

• The Department of Energy reported Wednesday that distillate stocks — which includes heating oil and diesel fuel — fell by 3 million barrels last week. Analysts surveyed by Dow Jones Newswires had expected supplies to fall by 4.3 million barrels.
• The Energy Department said crude oil inventories fell last week by 600,000 barrels to 323.9 million barrels, below analysts' expectations of a 1.1-million-barrel gain. The inventories are at the upper end of average.

GOLD

GOLD :

CMP- $667

Gold is looking bullish now , though some profit booking is expected this week

Trading range - $650-680 for this week.

Last week- gold traded in our reccomended Range - $640-670 .

cheers

ROBUSTA COFFEE

ROBUSTA COFFEE :

IT IS EXPECTED TO TEST @ 1700 SHORTLY . ( MARCH FUTURES )

CMP- $1603

SL - $1540

TGT 1 - $1704

Cheers........