Gold prices are expected to trade within a broad range from 29100 to 29450. One can buy on dips around 29150 with a stop loss below 29050. Prices are expected to trade positive for the day.
GOLD LEVELS
R:-29370/29440
S:-29170/29058
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Silver prices are likely to hold 52500 on closing basis, we can expect a bounce till 53500. One should buy around 52500 with a stop loss below 52000.
SILVER LEVELS
R:- 53325/53780
S:-52500/52190
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Crude prices are likely to trade positive as it has closed above the resistance of 4815. We could expect to buy on dip due to the USDINR strength, maintaining a stop loss below 4740. Prices are expected to test 4920 -4950 on higher end in coming day
CRUDE LEVELS
R:- 4825/4910
S:-4780/4670
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Copper prices are expected to trade within a range from 429 to 421, one can trade within the range. Oscillators indicates a flat to positive move.
COPPER LEVELS
R:- 427.20/432
S:-424.40/421
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Tuesday, July 17, 2012
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