Tuesday 6 November 2012

Commodity Live Price And Tips For Today

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Commodity Live Price And Trend Today :- Gold prices are expected to test 31050 -31100 on higher end as depreciating rupee would be supportive, one should exit from all long position as we might witness pressure from the above mentioned levels.With depreciating rupee silver prices might test 59000 -59200 on higher side. One could witness selling pressure from these levels. It is advised to exit long. Copper Updates :- Copper prices are expected to trade higher and test the resistance of 425 - 426. For intraday one can buy around 419 with a stop loss below 415. Crossing 426 would witness fresh buying to the tune of 430 – 432. MCX Copper Nov Support- 412 / 415/ 419 Resistance - 421 / 424 /426.5. 

NCDEX Tips :- Buy Natural Gas– Nov above 192 – 191 for target of 198/ 202 for stop loss of 189 .

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