MCX Commodity Tips For 15th Jan 2013

Bullion:

MCX Gold seems negative for the day. Support expected around 30640 & 30520;
intraday resistance can be seen near 30820 & 30940. Day traders are
advised to sell around 30820 with SL 30940, for the target of 30640 & 30520.

MCX Silver seems slightly positive for the day. Support expected around 58300  &57700; intraday resistance can be seen near 58900 &  59500. Day traders are
advised to buy around 58300  with SL 57700, for the target of 58900 & 59500.

Base Metals:

MCX Copper seems to be negative for the day. Support expected
around 438 & 435; intraday resistance can be seen near 443 & 446. Day
traders are advised to sell around 443 with SL 446, for the target of 435 &
435.

MCX Lead seems negative for the day. Support expected around 124.20,
123.10, intraday resistance can be seen near 125.90 & 126.90 Day traders
are advised to Sell around 125.90 with SL 126.90 for the target of 124.20
& 123.10

MCX Nickel seems to be negative for the day. Support expected around 938,
928,intraday resistance can be seen near 951 & 962. Day traders are advised to sell around 951 with SL 962 for the target of 938 & 928.

MCX Aluminium seems to be negative for the day. Support expected around 110.80,109.70 intraday resistance can be seen near 112.50 & 113.60 Day traders are advised to Sell around 112.50 with SL 113.60 for the target of  110.80 & 109.70

Energy:

MCX Natural Gas seems negative the day. Support expected around 182.5 & 179 intraday resistance can be seen near 186 & 189. Day traders are advised to buy around 182.50 with SL 179 for the target of 186 & 189.

MCX Crude oil seems positive for the day. Support expected around 5070 & 5020; intraday resistance can be seen near 5120 & 5170. Day traders are advised to sell around 5120 with SL 5170, for the target of 5070 & 5020.

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