Wednesday, 18 April 2012

MCX Copper and crude oil tips for today.

Gold update:
Gold traded nearly flat after a successful Spanish debt auction eased fears about the euro zone debt crisis, If gold cross the first resistance levels 28555 than it next levels is 28700
SELL GOLD JUN BELOW 28540 TARGETS 28517 , 28492 , 28464 STOPLOSS 28583

Crude oil tips:
Crude trading at Rs.5382 it is trading up by 13 for the day, we expect prices to go up to levels of 5410. Oil traded near the highest close in two weeks after the International Monetary Fund boosted its growth outlook and a Spanish debt sale raised more than planned.

Copper tips
SELL COPPER APR BELOW 417 TARGETS 415.5 , 414 , 412.5 STOPLOSS 420


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