Tuesday, April 24, 2012

MCX Commodity Updates For Today: Gold Silver Tips For 24th April '12

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MCX Gold Tips
MCX Gold suggest that prices have breached the crucial resistance of 28800. Stochastic is in a buy mode. We expect prices to go up to levels of 28900.
We suggest to Buy MCX Gold June above 29000 levels with a stoploss of 28800 for targets of 29150-29200.

MCX Silver Tips
MCX Silver suggest that prices have reversed after taking support at 55500 levels. Stochastic is in a buy mode. We expect prices to go up to levels of 56500.
We suggest to Buy MCX Silver May above 55500 levels with a stoploss of 55100 for target of 56500.

MCX Copper Tips
Copper suggest that prices are trading close to a crucial resistance of 426. Stochastic is not showing much strength. We expect prices to correct up to levels of 419.
We suggest to Sell MCX Copper April below 425 levels with a stoploss of 428 for target of 419.

MCX Crude Oil Tips
MCX Crude Oil suggest that prices are trading close to a crucial resistance of 5470. RSI is in a sell mode. We expect prices to correct up to levels of 5500.
We suggest to Buy MCX Crude May above 5475 levels with a stoploss of 5450 for target of 5500.
 

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