MCX & NCDEX Commodity Market Updates
Posted: Thu Aug 25, 2011 12:02 pm
GOLD FALLS $200 FROM RECORD HIGH.
OIL TRADES NEAR ONE-WEEK HIGH IN LONDON ON FED SPECULATION, U.S. SUPPLIES.
COPPER UNDERPINNED BY CHINA, FED MEETING EYED.
DOMESTIC OIL AND OILSEED TRADE BEARISH.
Support and Resistance levels of MCX Commodity Market
MCX SILVER (SEP)
TREND: Bullish
R2: 65200
R1: 63800
S1: 59900
S2: 58400
STRATEGY: Buy on dips
Source:- http://mcx-ncdex-commodity-trading-tips.blogspot.com/
OIL TRADES NEAR ONE-WEEK HIGH IN LONDON ON FED SPECULATION, U.S. SUPPLIES.
COPPER UNDERPINNED BY CHINA, FED MEETING EYED.
DOMESTIC OIL AND OILSEED TRADE BEARISH.
Support and Resistance levels of MCX Commodity Market
MCX SILVER (SEP)
TREND: Bullish
R2: 65200
R1: 63800
S1: 59900
S2: 58400
STRATEGY: Buy on dips
Source:- http://mcx-ncdex-commodity-trading-tips.blogspot.com/