Friday 30 March 2012

MCX Commodity Trading Tips and it View of Indian Market 30 March 2012

MCX, MCX Live Tips, MCX Gold Tips, Silver Tips, Crude Tips, and Copper update 30 March, MCX Intraday Tips, Base metal update today, sure call MCX Gold and Silver today

In domestic market MCX Gold has started flat, while MCX Silver has seems positive trend in previous. MCX Gold with intraday has opened at Rs 28210 in previous, but currently its return back and is trading down 0.3 percent at Rs 28194(-8) at around 10.30 pm.
Resistance and Support:-R2-28639, R1- 28531 and S1-28002, S2- 27811
Trading Strategy- with current rate buys MCX Gold above 28341 and if go down below 28051 so it may be sells position (Stop loss- 28293).
Silver MCX Update: - MCX Silver with intraday has introduced in positive way. Today it has opened up 56825 and its immediate touched at Rs 56903(+132) at around 10.30 am. But it was last trade on Thursday at Rs 56771 in domestic market.
Support and Resistance: - R2- 57218, R1- 579875 and S1- 55997, S2- 554653.
International Market has seems best moment in Gold and Silver.
MCX Crude oil Update: - MCX Crude also has introduced positive today. Crude on MCX has started at Rs 5294, while it was closed down near to 2 percent at Rs 5292 on Thursday.
Base metal Update (Copper Tips):- MCX Copper has introduced flat in previous. Today it has opened at Rs 431.95, while it was last trade at Rs 431.75 on Thursday. Current view of MCX Copper is trading up at Rs 432.
Support- 429 to 411
Now we talk all metal in domestic so these has continue seems weakness. MCX Zinc is trading with minor weakness, while aluminum and lead declined near around 0.2 percent.

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