Monday, April 22, 2013

MCX CRUDE AND COPPER UPDATES: COMMODITY TIPS TODAY

MCX Crude oil is seeing technically bearish. Trading rate is required for crude oil to get some upside momentum which is accomplished now. MCX Crude oil slipped 0.3% and prices has come down at 4,823.Most accurate support levels find near to 4789. Now we are suggested to sell MCX Crude with levels of 4820 for 20 may delivery, because we are expected to down to levels of 4789/4751.

IN Base metals, MCX Copper is likely to trade negative. In the domestic market prices have already slipped the support levels of 372.50, but you can find support levels of 368/365. For intraday you can sell MCX Copper current levels of market (372.50) and Targets 370 and stop loss 374.50.  

Commodity Tips 
Sell MCX Gold June below 26400 targets 26370 , 26350 Stop Loss 26443.

Aluminum-MCX April futures Buy - 101, stop loss - 99 and Goals - 103.

MCX Nickel April futures Buy - 823, stop loss - 813 and Goals – 833.

BUY SOYABEAN MAY ABOVE 3900 TARGETS 3910 , 3921 STOPLOSS 3880.

SELL DHANIYA MAY BELOW 6915 TARGETS 6905 , 6894 STOPLOSS 6935.

12 comments:

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