Friday, April 20, 2012

INTRADAY MCX COMMODITY TIPS

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GOLD COMMODITY TIPS
Gold prices are expected to trade within a range from 28550 to 28810  One can go long on in gold around 28580-28620  with  stop loss below 28520 .oscillators are in positive territory
Resistance – 28680/28720/28810
Support – 28580/28420/28220

SILVER  COMMODITY TIPS
Silver prices are expected to trade within a broad range from 55800 to 57200, one can buy on dips around 56380  with a stop loss below 56100. Oscillators are in negative territory.
Resistance – 56900/57200/57800
Support – 56400/55900/55500

CRUDE COMMODITY TIPS

Crude prices are expected to hold the support at 5300, with oscillators likely to head up. One can maintain a stop loss below 5270.prices are expected to test 5480 on higher end
Resistance – 5410/5450
Support – 5320/5270

COPPER  COMMODITY TIPS

Copper prices are expected to bounce to the tune of 421 -422 on higher end. Oscillators are  heading up and prices can hold to the support at 411. We recommend to buy on dips around 415 -414
Resistance – 421/425/429
Support – 417/413/407





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