MCX Crude oil
have gone up in the today's trade.With a gain of 0.5 percent crude
oil in international and domestic market is trending in green
zone.Crude oil has again gone up above 5000 resistance level.
However, the demand of crude oil in the market is in
ambiguity.While on other hand it is being expected that the some
strong steps may be taken to support the economies of United state of
America and Europe. These steps may have some impact on the prices of
crude oil. Insuch conditions this up trend in crude oil is not vey
suitable for the market.
We advocate following
commodity trading tips for tomorrow's trade.
MCX Gold August
Contract Tips for 31 July 2012
Sell - 29800, Stoploss
– 29920 Target – 29655
MCX Crude oil Tips for
August Contract for 31 July 2012
Sell - 5020, Stoploss –
5040 Target - 4960
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