Gold prices are looking positive, one can buy mcx gold commodity on dips around 30050 we expected to trade higher to the tune of 30250 – 30300.
GOLD LEVELS
Resistance Level:-29930/30170
Support Level:-29710/29550
Silver prices have closed at higher end indicating strength; one can expect buying interest in the counter. Prices are expected to test 55000 within 2-3 days.
SILVER LEVELS
Resistance Level:- 54100/54700
Support Level:-53700/53300
Crude prices are expected to trade within the range from 4940 to 5050 one can buy mcx crude commodity around 4950 -4940 with a stop loss below 4900.
CRUDE LEVELS
Resistance Level:- 5040/5150
Support Level:-4950/4870
Copper prices are likely to trade within the range from 415 to 425. One can buy copper commodity around 419 with a stop loss below 415.50.
COPPER LEVELS
Resistance Level:- 424/427
Support Level:-417/414
Tuesday, July 31, 2012
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