Copper (AUG) – COPPER’S AUG CONTRACT WHICH IS GOING TO EXPIRE ON 30 AUG 2011, IS EXPECTED TO TRADE BETWEEN THE BROAD RANGES OF 430.15 TO 439.35. EXPECTED RESISTANCE AND SUPPORT LEVEL FOR TODAY TRADE ARE AS FOLLOWS.
RESISTANCE: R1-437.35 R2-439.35
SUPPORT: S1- 432.75 S2- 430.15
Crude oil (jul) – EXPECTED RESISTANCE AND SUPPORT LEVELS FOR THE CRUDE JULY CONTRACT WITH EXPIRY DATE OF 19 JULY 2011 ARE:
RESISTANCE: R1-4324.67 R2- 4386.33
SUPPORTS: S1- 4213.67 S2- 4164.33
GOLD (aug) - GOLD AUGUST CONTRACT WHICH WILL EXPIRE ON 5TH AUG 2011.GOLD HAS BEEN MAKING CONTINUOUSLY RECORD HIGH SINCE LAST 10 DAYS AMID THE WEAK GLOBAL ECONOMY . RESISTANCE AND SUPPORT LEVELS FOR THE TODAY’S SESSION ARE:
RESISTANCE: R123314.00 R2-23401.00
SUPPORTS: S1- 23117.00 S2-23007.00
SILVER (sep)- SILVER ON 18TH JULY SEEN TRADING ON HIGHER SIDE, IT MADE THE HIGH OF 60523 BEFORE IT CLOSED AT 59873. EXPECTED RESISTANCE AND SUPPORT LEVEL FOR TODAY TRADE ARE AS FOLLOWS.
RESISTANCE: R1-60697.33 R2-61521.67
SUPPORTS: S1-58874.33 S2-57875.67
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