Thursday 30 August 2012

MCX Commodity Market is on Bearish Trend |MCX Tips

base metal tips for today,free commodity tips,mcx ncdex tips,commodity market updates,free silver tips,NCDEX

Mcx commodity Tips and Updates :- Today mcx commodity open at negative bisa.Gold and silver both are trading at red note.MCX Gold prices are expected to drift lower to the tune of 30650 -30600, for intraday one can sell around 30900 -30950 with a intraday stop loss above 31070.MCX Silver prices are expected to test 56800 -56500 due to profit taking. For intraday one can sell around 57750 -57800 with a stop loss above 58100. 

Gold Oct support - 30610 30700 30830 resistance - 30950 31050 31170 
Silver Sept support - 56700 57100 57500 ressitance - 57750 58300 58700 

Mcx Base Metal tips :- today base metal pack remained under pressure and currently trading with flat to negatives.copper leading rally with weakness. Today copper nov expiry future intraday supports are 425 and 421 while resistances are 428.5 and 432.intraday trend and momentum is bearish. 

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