The Union Minister for Steel, Beni Prasad Verma has said that India has now become the 4th largest producer of crude steel in the world in 2010 as against the 8th position in 2003.
DELHI METRO SAVES FUEL WORTH 8000 CR. RS…..
Number of vehicles in the capital city of India has been going down from the time since the Metro rails has been introduced, saving fuel worth Rs 8000 crore during 2010-11 which could rise progressively to Rs 20,000 crore by 2020, according to the study conducted by Associated Chambers of Commerce and Industry of India (ASSOCHAM).
COPPER (Nov) – Copper’s Nov contract which is going to expire on 30 Nov 2011, is expected to trade between the broad ranges of 350 to 370 Expected resistance and support level for today trade are as follows.
RESISTANCE: R1- 375 R2- 388
SUPPORT: S1- 345 S2- 335
CRUDE OIL (Jul) – Expected resistance and support levels for the crude July contract with expiry date of 19 oct 2011 are:
RESISTANCE: R1-4040 R2 - 4090
SUPPORTS: S1-3950 S2 - 3920
GOLD (aug) - Gold august contract which will expire on 5th Oct 2011.gold is deviating as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:
RESISTANCE: R1-26100 R2-26400
SUPPORTS: S1-25300 S2-25113
SILVER (Sep) - Silver closed at 51577.silver traded in bearish mood with heavy intensity. Expected resistance and support level for today trade are as follows.
RESISTANCE: R1-52100 R2-52700
SUPPORTS: S1-50600 S2-50150
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