Monday, 31 December 2012

MCX Tips For The Last Day of 2012


Bullion: 
MCX Gold Contract is looking negative for the day. Market may find support near 31580 & 30480; intraday resistance can be seen near 30730 & 30840. Day traders are advised to sell intraday on rise. (Sell around 30730 with SL 30840, for the target of 30580 & 30480.)
   MCX Silver  Contract is looking negative for the day. Market may find support near 57200 & 56700; intraday resistance can be seen near 57700 & 58200. Day traders are advised to sell intraday on rise. (Sell around 57700 with SL 58200, for the target of 57200 & 56700.)

Base Metal :
MCX Copper  contract is looking positive for the day. Market may find support near 437 & 434; intraday resistance can be seen near 441 & 44. Day traders are advised to buy intraday on dips. (Buy around 437 with SL 432, for the target of 441 & 444.)
MCX Lead  contract is looking negative for the day. Market may find support near 126.50, 125.40, intraday resistance can be seen near 127.90 & 128.80 Day traders are advised to sell intraday on rise. (Sell around 127.90 with SL 128.80 for the target of 126.50 & 125.40)
MCX Nickel contract is looking slightly negative for the day. Market may find support near 942, 934, intraday resistance can be seen near 956 & 965. Day traders are advised to sell intraday on rise. (Sell around 956 with SL 965 for the target of 942 & 934.)
MCX Aluminium contract is looking negative for the day. Market may find support near 111.90, 111, intraday resistance can be seen near 113.10 & 114. Day traders are advised to sell intraday on rise. (Sell around 113.10 with SL 114 for the target of 111.90 & 111.)

Energy: 
MCX Natural Gas  contract is looking slightly positive for the day. Market may find support near 188 & 185 intraday resistance can be seen near 193 & 196 Day traders are advised to buy intraday on dips. (Buy around 188 with SL 185 for the target of 193 & 196.)
MCX Crude oil  contract is looking positive for the day. Market may find support near 4970 & 4920; intraday resistance can be seen near 5030 & 5090. Day traders are advised to buy intraday on dips. (Buy around 4970 with SL 4920, for the target of 5030 & 5090.)



1 comment:

  1. I visited many blogs, but I am happy to find informative commodity tips in your blog. Epic Research also recommends awesome commodity and Forex Tips.

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