mcx tips for today,live bullion tips,mcx base metal trend and tips,free commodity tips
MCX Trend Today :- In today’s trade we expect Mcx Gold and silver to trade sideways to up due to positive global market sentiments along with weakness in the DX. In the domestic markets appreciation in the Indian rupee might cap sharp gains.
MCX Gold Oct’12 Support - 29680/29600 Resistance – 29850/29930
MCX Base metal (Copper) Trend :- intra-day perspective, we expect base metals pack to trade on a bullish note on the back of positive market sentiments along with weakness in the DX which will support an upside in the
prices. Appreciation in the Indian Rupee will cap sharp gains in
prices on the MCX.
MCX Copper Aug’12 Support - 415/412 resistance – 420/422.
MCX Lead Aug’12 Support - 104.60/104.0 resistance – 105.70/106.20.
Mcx Tips For Today :- sell MCX lead 105 sl 105.20 only Target 104.20-103-50.
Crude oil updates today :- We expect crude oil prices to trade on a sideways note on the back of
expectations of decline in US crude oil inventories, upbeat global market sentiments along with weakness in the DX. While on the other hand, decline in US crude oil consumption by 4 percent to 15.9 million barrels last week as per the data of the API will add downside pressure on the crude oil prices.
MCX Crude Oil Aug’12 Support - 5100/5050 resistance – 5200/5250.
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