COPPER (FEB) – Most of the metals barring Copper are in surplus situation and with Chinese production improving that will only amplify to the already higher productivity levels. Expected resistance and support level for today trade are as follows:
SUPPORT 1: 428.35
SUPPORT 2: 425.85
RESISTANCE 1: 435.45
RESISTANCE 2: 438.85
CRUDE OIL (MAR) – Crude oil settled with minimal gains on the back of rising inventory levels and crisis in Europe lingering. Expected resistance and support levels for the crude March contract with expiry date of 19 MARCH 2012 are:
SUPPORT 1: 5255
SUPPORT 2: 5145
RESISTANCE 1: 5445
RESISTANCE 2: 5535
GOLD (APR) - Resistance and support levels for the today’s session for Gold APR contract which will expire on 5th APR 2012 are:
SUPPORT 1: 27735
SUPPORT 2: 27610
RESISTANCE 1: 27945
RESISTANCE 2: 28155
SILVER (MAR) – On domestic front Silver’s Expected resistance and support levels for today trade are as follows:
SUPPORT 1: 58145
SUPPORT 2: 58015
RESISTANCE 1: 58395
RESISTANCE 2: 58575
Get free commodity tips, silver price,Gold price,crude oil, commodity market tips,commodities, best commodity tips,crude oil prices.
0 comments:
Post a Comment