Monday, July 16, 2012

MCX Commodity Live Tips For Today: Gold Silver and Copper

Live MCX Gold Tips

MCX Gold is trading near its crutial support level of 29100. Looking consolidate for today. But the recent change in rupee would be a reson of bullish trend in gold. From this point of view mcx gold can touch the 29400 level. MCX Gold Tips is to buy it on low.

MCX Silver Live Tips

Technical chart suggest that silver is looking consolidate to positive for this week. Global cues indicating a rally above 52800 level to touch 53600 levels in near term. MCX Silver Tips for today is to buy around 52500 levels with a stop loss placed below 52000 levels for a target of 55000 levels.

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MCX Crude Tips

In MCX energy commodity crude oil is trading with sideways trend. Although technical commodity chart suggest an inverted head and shoulder formation
which is a bullish reversal pattern. Stochastic is in Buy mode having a resistance at 4850 levels. MCX Commodity Tips in Crude is buy on low levels.

MCX Copper Tips

Copper was suggested to buy in our last mcx commodity tips, but it is trading in a consolidate levels. We suggest to Buy MCX copper on lower levels for today's mcx copper tips.

MCX Live Commodity Tips

MCX Aluminum July buy above 104.05, Target at 106.30 with a stoploss of 102.
MCX Nickel July buy above 892 for the target od 905, Stoploss at 881.
MCX Natural Gas July buy above 162.50, with a stoploss at 160, target of 166.50.

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