Sunday 29 January 2012

Commodity Market Updates|Metal Trend with lead tips


Blog Updates (20 jan 2012):-Today MCX Gold traded in the international market is showing slow.While MCX Silver is a also decaling Trend today.Gold is trading at around 1735 dollars in international market while domestic market it is trading at Rs-28,030 in previous session.MCX silver is decline half percent and its trading around $ 33 in international market while local market it is trading at Rs-57,090 in previous session.
MCX Base metal especially copper is trading 425.1 in domestic market while copper on the London metal exchange is trading at around 1.5 per cent.

Base metal trend for Today
Copper(Feb):-Trend –Consolidate,Stretegy-Buy on dips ,and its Resistance - 429-432 with support - 422-420.
Aluminum(Jan):-Trend-Consolidte,Stretegy-Buy on Dips,Resistence 112.3-114 with support 109-108.
Lead(jan):-Trend –Consolidate, Strategy Buy on Dips and its Resistance  108.35-112with support 104-103.

MCX Lead Tips:-Sell Lead Below 111 with target 110.5,110 and its Stop loss 111.9



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