Copper (AUG) – COPPER’S AUG CONTRACT WHICH IS GOING TO EXPIRE ON 30 AUG 2011, IS EXPECTED TO TRADE BETWEEN THE BROAD RANGES OF434 TO 442. EXPECTED RESISTANCE AND SUPPORT LEVEL FOR TODAY TRADE ARE AS FOLLOWS.
RESISTANCE: R1-440 R2-442
SUPPORT: S1- 436 S2- 434
Crude oil (jul) – EXPECTED RESISTANCE AND SUPPORT LEVELS FOR THE CRUDE JULY CONTRACT WITH EXPIRY DATE OF 19 JULY 2011 ARE:
RESISTANCE: R1-4429 R2 - 4486
SUPPORTS: S1- 4381 S2- 4224
GOLD (aug) - GOLD AUGUST CONTRACT WHICH WILL EXPIRE ON 5TH AUG 2011.GOLD SEEN TRADED WITH LESS VOLUME AS THE EASING CONCERN OF US AND EURO DEBT GIVE A BOOST TO THE BASE METAL. RESISTANCE AND SUPPORT LEVELS FOR THE TODAY’S SESSION ARE:
RESISTANCE: R123216 R2-23323
SUPPORTS: S1- 22932 S2-22755
SILVER (sep)- SILVER ON 20th JULY CLOSED AT 59179.SILVER TRADED IN POSITIVE MOOD BUT WITH LESS INTENSITY. EXPECTED RESISTANCE AND SUPPORT LEVEL FOR TODAY TRADE ARE AS FOLLOWS.
RESISTANCE: R1-60028 R2-60876
SUPPORTS: S1-57678 S2-56176
