COMMODITY NEWS AND TRADING LEVELS FOR 13TH JANUARY 2012

COPPER (FEB) – Copper’s Nov contract which is going to expire on 29th FEB 2012, is expected to trade between the broad ranges of 409 to 423 Expected resistance and support level for today trade are as follows:

SUPPORT 1: 413.55
SUPPORT 2: 409.35

RESISTANCE 1: 419.55
RESISTANCE 2: 423.30

CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2012 are:

SUPPORT 1: 5155
SUPPORT 2: 5075

RESISTANCE 1: 5345
RESISTANCE 2: 5450

GOLD (FEB) - Resistance and support levels for the today’s session for Gold FEB contract which will expire on 4th FEB 2012 are:

SUPPORT 1: 27545
SUPPORT 2: 27455

RESISTANCE 1: 27760
RESISTANCE 2: 27855

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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