Wednesday, 16 January 2013

MCX Commodity Tips For 16th Jan 2013


Bullion:

MCX Gold seems positive for the day. Support expected around 30820 & 30720;
intraday resistance can be seen near 30950 & 31060. Day traders are
advised to buy around 30820 with SL 30720, for the target of 30950 & 31060.

MCX Silver seems slightly positive for the day. Support expected around 59200  &58700; intraday resistance can be seen near 59700 &  60200. Day traders are
advised to buy around 59200  with SL 58700, for the target of 59700 & 60200.


Energy:

MCX Natural Gas seems negative the day. Support expected around 187 & 184 intraday resistance can be seen near 191 & 194. Day traders are advised to buy around 187 with SL 184 for the target of 191 & 194.

MCX Crude oil seems positive for the day. Support expected around 5105 & 5045; intraday resistance can be seen near 5160 & 5210. Day traders are advised to buy around 5105 with SL 5045, for the target of 5160 & 5210.

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2 comments:

  1. Today’s most accurate tip for commodity
    GOLD (5 FEB.) TREND: CONSOLIDATE
    RES 1: 29800
    RES 2: 30000
    SUPP 1: 29200
    SUPP 2: 28900
    STRATEGY: BUY ON DIPS
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