COPPER (AUG) – copper’s Aug contract which is going to expire on 30 Aug 2011, is expected to trade between the broad ranges of 408 to 469. Expected resistance and support level for today trade are as follows.
RESISTANCE: R1- 445 R2- 469
SUPPORT: S1- 426 S2- 408
CRUDE OIL (jul) – expected resistance and support levels for the crude July contract with expiry date of 19 July 2011 are:
RESISTANCE: R1-4324 R2 - 4641
SUPPORTS: S1- 4123 S2- 4038
GOLD (aug) - gold august contract which will expire on 5th aug 2011.gold is expected to make a further weak move as the cloud over the us economy almost deteriorated. Resistance and support levels for the today’s session are:
RESISTANCE: R1- 23212 R2-23404
SUPPORTS: S1- 23109 S2-22966
SILVER (Sep) - silver on 1st august closed at 58125.silver traded in positive mood but with less intensity. Expected resistance and support level for today trade are as follows.
RESISTANCE: R1-59077 R2-59411
SUPPORTS: S1-58743 S2-58411
0 comments:
Post a Comment