COPPER (FEB) – Copper’s Nov contract which is going to expire on 29th FEB 2012, is expected to trade between the broad ranges of 398 to 406 Expected resistance and support level for today trade are as follows:
SUPPORT 1: 399.15
SUPPORT 2: 397.35
RESISTANCE 1: 403.55
RESISTANCE 2: 405.10
CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2012 are:
SUPPORT 1: 5275
SUPPORT 2: 5160
RESISTANCE 1: 5460
RESISTANCE 2: 5545
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: 27655
SUPPORT 2: 27545
RESISTANCE 1: 27865
RESISTANCE 2: 28055
SILVER (MAR) – Silver is Expected resistance and support level for today trade are as follows:
SUPPORT 1: 50620
SUPPORT 2: 49735
RESISTANCE 1: 52775
RESISTANCE 2: 53690
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