Tuesday, 8 January 2013

MCX Commodity Calls for Intraday 8th Jan. 2013


Bullion:

MCX Gold seems negative for the day. Support expected around 30840 & 30750; intraday resistance can be seen near 30950 & 31060. Day traders are advised to sell around 30950 with SL 31060, for the target of 30840 & 30750

MCX Silver seems negative for the day. Support expected around 57750 & 57200; intraday resistance can be seen near 58200 & 58700. Day traders are advised to sell around 58200 with SL 58700, for the target of 57750 & 57200.)

Base Metal :

MCX Copper seems to be slightly positive for the day. Support expected around 448 & 445; intraday resistance can be seen near 452 & 456. Day traders are advised to buy around 448 with SL 445, for the target of 452 & 456.)

MCX Lead seems negative for the day. Support expected around 126.20, 125.10, intraday resistance can be seen near 127.50 & 128.70 Day traders are advised to Sell around 127.50 with SL 128.70 for the target of 126.20 & 125.10)

MCX Nickel seems to be negative for the day. Support expected around 946, 935, intraday resistance can be seen near 964 & 975. Day traders are advised to sell around 964 with SL 975 for the target of 946 & 935.)

MCX Aluminium seems to be negative for the day. Support expected around 111.90, 110.80, intraday resistance can be seen near 113.80 & 115 Day traders are advised to Sell around 113.80 with SL 115 for the target of 111.90 & 110.80)

Energy:

MCX Natural Gas seems negative the day. Support expected around 178 & 175 intraday resistance can be seen near 182 & 185. Day traders are advised to sell around 182 with SL 185 for the target of 178 & 175.)

MCX Crude oil seems positive for the day. Support expected around 5050 & 5000; intraday resistance can be seen near 5120 & 5170. Day traders are advised to buy around 5050 with SL 5000, for the target of 5120 & 5170.)

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