Saturday, July 31, 2010

MCX INDIA


MCX GOLD SUPPORT & RESISTANCE FOR NEXT WEEK

Major support in MCX Gold is 17900 and 17350
Major resistance in MCX Gold is 18900 and 19300

MCX Strategy for next week

SILVER
For the next week traders can use sell on higher level strategy if
Silver sustains below the level of 1880$/1850$ an ounce, and
below 1700$ an ounce it can further correct. Trade by keeping the
proper stop losses.

CRUDE
For the next week traders can use buy on lower level strategy if
NYMEX Crude sustain above the level of 80$ a barrel by keeping
the proper stop loss.

Copper
For the upcoming week 336 and 356 will act as major resistance
and 293 and 272 will act as major supports. For MCX Copper
major resistance would be 349 and 359 and supports would be
found at 306 and 284.
MORE MCX TIPS BY SMS

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