COPPER (FEB) – Copper’s Nov contract which is going to expire on 29 FEB 2011, is expected to trade between the broad ranges of 389 to 406 Expected resistance and support level for today trade are as follows:
SUPPORT 1: 395
SUPPORT 2: 389
RESISTANCE 1: 403
RESISTANCE 2: 406
CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2011 are:
SUPPORT 1: 5186
SUPPORT 2: 5083
RESISTANCE 1: 5285
RESISTANCE 2: 5385
GOLD (FEB) - Gold FEB contract which will expire on 4th FEB 2012.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: 27435
SUPPORT 2: 26995
RESISTANCE 1: 27915
RESISTANCE 2: 28145
SILVER (MAR) – Silver is Expected resistance and support level for today trade are as follows:
SUPPORT 1: 52940
SUPPORT 2: 51820
RESISTANCE 1: 53995
RESISTANCE 2: 54800
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