Wednesday 9 January 2013

MCX Commodity News for 9th Jan 2013



Bullion :


MCX Gold seems negative for the day. Support expected around 30865 & 30760; intraday resistance can be seen near 30990 & 31090. Day traders are advised to sell around 30990 with SL 31090, for the target of 30865 & 30760

MCX Silver seems negative for the day. Support expected around 58000 & 57500; intraday resistance can be seen near 58200 & 58700. Day traders are advised to sell around 58650 with SL 59200, for the target of 58000 & 57500.

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, 125.40, intraday resistance can be seen near 128 & 129 Day traders are advised to sell around 128 with SL 129 for the target of 126.50 & 125.40

MCX Nickel seems to be negative for the day. Support expected around 948, 936, intraday resistance can be seen near 964 & 975. Day traders are advised to sell around 964 with SL 975 for the target of 948 & 936.

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 181 & 184. Day traders are advised to sell around 181with SL 184 for the target of 178 & 175.

MCX Crude oil seems positive for the day. Support expected around 5105 & 5050; intraday resistance can be seen near 5170 & 5220. Day traders are advised to buy around 5105 with SL 5050, for the target of 5170 & 5220.



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1 comment:

  1. Today’s most accurate tip for commodity
    COPPER (28 FEB.) TREND: CONSOLIDATE
    RES 1: 450
    RES 2: 452
    SUPP 1: 443.50
    SUPP 2: 439.50
    STRATEGY: BUY ON DIPS
    mcx tips free trial on mobile

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