COPPER (FEB) – Copper’s Nov contract which is going to expire on 29 FEB 2011, is expected to trade between the broad ranges of 398 to 984 Expected resistance and support level for today trade are as follows.
SUPPORT 1: 386
SUPPORT 2:384
RESIST 1:395
RESIST 2: 398
CRUDE OIL (DEC) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 DEC 2011 are:
SUPPORT 1: 4965
SUPPORT 2: 4905
RESIST 1: 5095
RESIST 2: 5165
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: 27275
SUPPORT 2: 26900
RESIST 1: 27335
RESIST 2: 28025
SILVER (Sep) - Silver closed at 53604.silver is trading under consolidation. Expected resistance and support level for today trade are as follows.
SUPPORT 1: 53015
SUPPORT 2: 52535
RESISTANCE 1: 54100
RESISTANCE 2: 55605
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