Monday, April 23, 2012

BEST COMMODITY LEVELS FOR TODAY

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Gold Commodity Resistance and Support Levels


In Indian MCX Commodity Market bullion Gold prices are expected to trade within a range from 28750 to 28550. Traders can buy Gold commodity on dip around 28550 – 28600 with a stop loss above 28470.oscillators are in positive territory. Expected Support and Resistance Levels are as follows:
Resistance Levels for Gold– 28750/2880
Support Levels For Gold – 28650/28424

Silver Commodity Resistance and Support Levels

For Today's Commodity market bullion Silver commodity prices are expected to trade within a broad range from 56800 to 55300. It is reccommended that traders can buy on dips around 55800 with a stop loss below 55300. Oscillators are heading up. The Levels for Silver Commodity are as follows:
Resistance Levels for Silver – 56900/57200
Support Levels for Silver – 56100/55900

Crude Commodity Resistance and Support Levels

In the upcoming MCX Commodity market Crude prices are expected to hold the support at 5400, with oscillators likely to head up. One can maintain a stop loss below 5360.prices are expected to test 5370 on higher end.
Resistance Levels for Crude– 5450/5470
Support Levels for Crude– 5370/5320

Copper Commodity Resistance and Support Levels

Today Copper commodity prices are expected to trade within the range from 418 to 426. Traders can buy on dips and sell on rise within the range. Oscillators are in positive zone.
Resistance Levels For Copper – 426/429
Support Levels for Copper– 418/414

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