COPPER (FEB) – Copper’s Nov contract which is going to expire on 29 FEB 2011, is expected to trade between the broad ranges of 386 to 416 Expected resistance and support level for today trade are as follows.
SUPPORT 1: 394
SUPPORT 2: 386
RESISTANCE 1:412
RESISTANCE 2: 416
CRUDE OIL (DEC) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 DEC 2011 are:
SUPPORT 1: 5160
SUPPORT 2: 5045
RESISTANCE 1: 5275
RESISTANCE 2: 5380
GOLD (FEB) - Gold FEB contract which will expire on 4th FEB 2011.gold gave a bearish run as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:
SUPPORT 1: 28090
SUPPORT 2: 27810
RESISTANCE 1: 28415
RESISTANCE 2: 28650
SILVER (Sep) - Silver closed at 56578.silver is trading under consolidation. Expected resistance and support level for today trade are as follows.
SUPPORT 1: 54055
SUPPORT 2: 53535
RESISTANCE 1: 55100
RESISTANCE 2: 55505
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