Friday, February 8, 2013

07-02-13 commodity market news|tips for today

Crude oil for February contact open slightly high from yesterday close, crude oil touch and intraday high of 5147 on MCX commodity market. Currently crude oil is in strong down trend with low positive movement for intraday trading. For intraday trading crude oil have a support level of 5100 with a resistance level of 5200.

Buy crude oil above 5150 tgt 5160, 5170, 5185……….sl 5100

 Gold for April on MCX open at 30721 with an intraday high of 30725 at 10:30am. Movement in gold is not very high this week and low trend is expected on MCX. Meanwhile silver for March contract is very volatile in intraday on MCX, it open at 58369 and touch an intraday low of 58292 with a high of 58388.

Resistance for gold is 30800 with a support level of 30600
Resistance for silver 58840 and a support level is 57900.

Sell silver below 58320 tgt 58270, 58220, 58150………… 58500

Sell gold below 30720 tgt 30700, 30680,30650---……………sl 30800
 for free trial fill form..............

Today intraday tips

SELL MENTHAOIL BELOW 1323 TARGETS 1320 , 1317 , 1313 STOPLOSS 1330

Buy cotton above 16640 tgt 16650,16670, 16690…………sl 16600

Buy copper (28 feb) above 440 tgt 440.30, 440.50 , 441……sl 439


Post a Comment


Blogger news

You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on mcxtipstoday are their own, and not that of the website or its management. mcxtipstoday advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.