Thursday, September 27, 2012
MCX Commodity Tips for Today
MCX Gold October contract is looking slightly negative for the day. It may find support at 31240 and 31120, Intraday resistance can be seen near 31350 and 31450. Experts says that traders should sell on intraday basis on rise. Sell MCX Gold October around 31350 with stop loss of 31450 for target of 31240 and 31120.
MCX Silver December contract is showing negative on charts and may find support near 62300 and 61800, intraday resistance can be seen near 62800 and 63300. Anyone can sell on rise. Sell MCX Silver December around 62800 with stop loss of 63300 for target of 62300 and 61800.
MCX Natural Gas October contract is looking positive for the day and may find support near 169 and 166 for the intraday and resistance near 173 and 176. Traders are advised to buy on dips. Buy around 169 with stop loss of 166 for the target of 173 and 176.
MCX Crude Oil showing negative trend on charts and may find support near 4770 and 4730. Intraday resistance is expected can be seen near 4840 and 4890. Sell MCX Crude around 4840 with stop loss of 4890 for target of 4770 and 4730.
MCX Copper November contract is looking negative for the day. Market may find support near 441 and 438 and resistance can be seen near 445 and 448. Sell MCX Copper around 445 with stop loss of 448 for target of 441 and 438.