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: 401.55
SUPPORT 2: 399.35
RESISTANCE 1: 405.35
RESISTANCE 2: 407.10
CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2012 are:
SUPPORT 1: 5210
SUPPORT 2: 5135
RESISTANCE 1: 5415
RESISTANCE 2: 5525
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: 27415
SUPPORT 2: 27325
RESISTANCE 1: 27635
RESISTANCE 2: 27755
SILVER (MAR) – Silver is Expected resistance and support level for today trade are as follows:
SUPPORT 1: 52415
SUPPORT 2: 52345
RESISTANCE 1: 52675
RESISTANCE 2: 52795
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