MCX Gold Trend:- Gold
is moving very slow in the international as well as the domestic
market. Gold in International and domestic market is trading in a
limited price band. Rupee in Forex market has weakened approximately
1 percent Despite this the gold at home side is not in tune to trade
strong.First of this querter has witnessed a slow down in the prices
of gold. It may be possible that the gold will reverse the trend in
the first week of August. The upcoming festive season in India may
cause the gold to take the heights again.We recommend Gold
Tips for 10th
July 2012 buy
around 29600 levels with a stop loss placed
below 29400 levels for a
target of 30250 .
MCX Silver Trend:- MCX
Silver is trading with a strong gain in the domestic market. Silver
at Multi commodity Exchange gained about 0.3% hike and reached to the
53,300 level.Hence We recommend MCX
Silver Tips for 10th
July 2012
to buy around 53250 levels with a stop loss placed below 52500
levels for a target of 55000 levels.
MCX Crude Oil Trend:-
MCX Crude Oil updates- MCX Crude oil has gained a marginal hike in
the current prices. The mcx crude
oil traded
with a sharp up of 0.5%.The current price of Crude oil is 4759. Hence
We recommend Crude Oil Tips for 10th
July buy
around 4720 levels with a stop loss placed below
4610 levels for a
target of 4900.
Aluminium, Lead, Nickel, Copper, Zinc Trend, Tips,
Updates, Support & Resistance for Tuesday 10 July 2012
Aluminium buy around
105 levels with a stop loss placed below
103 levels for a target of
108 levels.
MCX Zinc buy around
103.50 levels with a stop loss placed
below 101 levels for a target
of 107 levels.
MCX Lead buy above 105
levels with a stop loss placed below
103 levels for a target of 108
levels.
MCX Nickel buy around
918 levels with a stop loss placed below
905 levels for a target of
948.
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