COPPER (FEB) – Copper’s Nov contract which is going to expire on 29 FEB 2011, is expected to trade between the broad ranges of 397 to 421 Expected resistance and support level for today trade are as follows.
SUPPORT 1: 403.35
SUPPORT 2: 397.10
RESISTANCE 1: 415.10
RESISTANCE 2: 421.50
CRUDE OIL (DEC) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 DEC 2011 are:
SUPPORT 1: 5265
SUPPORT 2: 5180
RESISTANCE 1: 5400
RESISTANCE 2: 5545
GOLD (FEB) - Gold FEB contract which will expire on 4th FEB 2011.gold is deviating as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:
SUPPORT 1: 28610
SUPPORT 2: 28365
RESISTANCE 1: 29085
RESISTANCE 2: 29235
SILVER (Sep) - Silver closed at 56578.silver is trading under consolidation. Expected resistance and support level for today trade are as follows.
SUPPORT 1: 55920
SUPPORT 2: 54535
RESISTANCE 1: 56845
RESISTANCE 2: 57395
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