Today We have come out with its report on MCX Gold, Silver, Copper, Lead, Zinc, Nickel, Crude Oil and Natural Gas. Crude oil futures are trading above $86 a barrel in Asia today tracking the gains in Asian stock markets as Greece's pro-bailout party appears likely to secure a narrow election win, making Greece less likely to leave the euro zone for now. More Information about Free MCX Tips Visit my site mcx-trade-tips.blogspot.com
Oil was increased by objectives that international main financial institutions are planning for harmonized action to offer assets if necessary following few days elections in Portugal. The Government Source and other main financial institutions from the Band of 20 countries are allegedly getting ready to offer incitement, in the midst of increasing issue that Portugal might be leave the dollar area following the result of elections this few days. Western Central Bank Chief executive Mario Draghi allegedly said on Saturday that the ECB will continue to supply assets to solution financial institutions where needed.
Gains were limited by a string of weaker-than-expected U.S. economic data, which added to concerns over a slowdown in oil demand from the world's top energy consumer.
MCX GOLD
International: Major Support at USD1500. Bullish till USD1650.
Domestic: Sell below 29970, Stop loss 30040, Target 29900.
MCX SILVER
International: Major Support at USD26. Bullish above USD28.
Domestic: Sell below 54300, Stop loss 54500, Target 54100.
MCX COPPER
International: Major Resisatnce at LME 9600. Bullish till LME 8500.
Domestic: Buy at 417, Stop loss 416, Target 422.
MCX LEAD
Domestic: Buy above 105, Stop loss 106.52, Target 107.50.
MCX ZINC
Domestic: Buy above 105.72, Stop loss 105.32, Target 106.10.
MCX NICKEL
International: Bullish above 17,300 (LME).
Domestic: Buy above 942, Stop loss 935, Target 945.
MCX CRUDE OIL
International: Major Support for WTI at USD79. Bullish above USD 93.
Domestic: Buy above 4710, Stop loss 4680, Target 4741.
MCX NATURAL GAS
Domestic: Buy on dips at 137, Stop loss 135, Target 140.
Oil was increased by objectives that international main financial institutions are planning for harmonized action to offer assets if necessary following few days elections in Portugal. The Government Source and other main financial institutions from the Band of 20 countries are allegedly getting ready to offer incitement, in the midst of increasing issue that Portugal might be leave the dollar area following the result of elections this few days. Western Central Bank Chief executive Mario Draghi allegedly said on Saturday that the ECB will continue to supply assets to solution financial institutions where needed.
Gains were limited by a string of weaker-than-expected U.S. economic data, which added to concerns over a slowdown in oil demand from the world's top energy consumer.
MCX GOLD
International: Major Support at USD1500. Bullish till USD1650.
Domestic: Sell below 29970, Stop loss 30040, Target 29900.
MCX SILVER
International: Major Support at USD26. Bullish above USD28.
Domestic: Sell below 54300, Stop loss 54500, Target 54100.
MCX COPPER
International: Major Resisatnce at LME 9600. Bullish till LME 8500.
Domestic: Buy at 417, Stop loss 416, Target 422.
MCX LEAD
Domestic: Buy above 105, Stop loss 106.52, Target 107.50.
MCX ZINC
Domestic: Buy above 105.72, Stop loss 105.32, Target 106.10.
MCX NICKEL
International: Bullish above 17,300 (LME).
Domestic: Buy above 942, Stop loss 935, Target 945.
MCX CRUDE OIL
International: Major Support for WTI at USD79. Bullish above USD 93.
Domestic: Buy above 4710, Stop loss 4680, Target 4741.
MCX NATURAL GAS
Domestic: Buy on dips at 137, Stop loss 135, Target 140.
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