Tuesday, August 14, 2012

MCX Tips For Gold Silver and Copper|Evening Updates

Evening Updates For MCX Commoditiese suggest that all commodities are trading at bullish trend. In bullions Gold futures contracts gained on domestic exchanges tracking international markets. Where MCX crude oil futures traded firm tracking movement in the overseas market and depreciation in rupee against the dollar.

MCX Gold Tips

MCX Gold is trading on a positive trend at the moment. It may get the 30200 level in today's trading. Having a good resistance at 30210 level it has a crucial support at 29900 level. MCX Gold Tips is to buy MCX Gold above the 30100 level with a stoploss at 30040 level to get the target of 30200 level.

MCX Silver Tips

MCX Silver has strated well today. Having a strong resistance at 53900 level it has a crucial support at 53100 level. MCX silver is looking consolidate to bullish at the moment. Tips and technical trend suggest that it may get the 56000 level today. MCX Silver Tips For today is to Buy on lower side to get the target of 53800-53900 level with a stoploss at 53330.

MCX Copper Tips

MCX Copper is looking consolidate for today. Copper on the LME is trading under $ 7400. Other metals have also been selling pressure. Although today it has gained 0.56 per cent at the moment. It has suggested that copper has a resistance at 419 level with a crucial support at 410 level. We suggest a buy in MCX Copper above 414 level to get the the target of 419 level with a stoploss at 410.

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