COPPER (FEB) – Copper’s Nov contract which is going to expire on 29 FEB 2011, is expected to trade between the broad ranges of 396 to 411 Expected resistance and support level for today trade are as follows:
SUPPORT 1: 306.15
SUPPORT 2: 391.10
RESISTANCE 1: 404.15
RESISTANCE 2: 410.20
CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2011 are:
SUPPORT 1: 5290
SUPPORT 2: 5185
RESISTANCE 1: 5415
RESISTANCE 2: 5495
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: 27085
SUPPORT 2: 26795
RESISTANCE 1: 27515
RESISTANCE 2: 27995
SILVER (MAR) – Silver is Expected resistance and support level for today trade are as follows:
SUPPORT 1: 50035
SUPPORT 2: 49520
RESISTANCE 1: 51695
RESISTANCE 2: 52490
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