Live MCX- A blog where you can get live commodity Updates, MCX Gold Silver Trading Tips, Base metals- Copper, Zinc, Lead and Nickel Updates, Energy- Crude Oil Trend, Crude Oil Updates and Natural Gas Tips on daily and regular basis.
To provide MCX Tips- Gold Silver Live updates, Commodity Trading levels, Live news and updates on Various commodities like crude, copper, zinc, nickel etc, and exclusive tips on individual commodities. 
We are a bunch of experienced traders and technical analysts with both practical and technical knowledge of market. We track the market trend analysing the technical charts and fundamentals and provide tips accordingly. 
Crude
Oil Trend & Updates:- After
touching the hisgest price level of last three months the mcx crude
oil is now under selling pressure. Due to the lack of demand of crude
oil the price have been reduced in the market.Crude oil not only in
global market but in domestic market as well is trading with moderate
losses of around 0.5 percent. At multi commodity exchange India the
crude oil is trading at 5150 price band. We expect this fall trend
will continue on Thursday too.According to market estimation the
crude oil demand has been lowered arounf globe. While the world has
been suffering from the worst economic situations this time. Due to
whic the crude oil prices have fallen down.
Crude Oil Support
Resistance:-
Hence if you go for Buying side We advice you to buy above 5170, Stop
loss 5140, Target 5200. Else if you wish to go on Selling side we
recommend sell below 5130, Stop loss 5160, Target 5100.
MCX Copper
is also trading flat in the market.On MCX
Copper prices slipped
to around Rs 416. Copper on the London Metal Exchange is trading down
about 1 percent.Reduced demand of copper in the Europe and China has
affected the prices of copper in the market.
Hence
we recommend Following Tips for MCX Copper (August futures): Sell -
420, stoploss of Rs - 424 Target – 413.
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Number for today 9 August 2012 to tomorrow 10 august 2012.
