Monday, April 11, 2011

MCX Trading Tips: Commodity Market Report of Bullions, Base Metals, Energy

GOLDMmcxMAY(m)
Technical Levels
R3 - 21585
R2 - 21430/465
R1 - 21310
Pivot - 21240
S1 - 21170/21080
S2 - 20970/820/760
S3 - 20550/350

Trends:
Intraday - Consolidate
Near Term - Up

SILVERmmcxAPR(m)
Technical Levels
R3 - 62000/65700
R2 - 61500/61900
R1 - 60600/61100
Pivot - 60880
S1 - 60000/59500
S2 - 59100/58800
S3 - 57400/56300

Trends:
Intraday -  Up
Near term - Up

COPPERmcxAPR
Technical Levels
R3  - 465/472
R2 - 455/462
R1 - 445/453
Pivot - 440.20
S1 - 435/431/426
S2 - 421/415
S3 - 410/405/400

Trends:
Intraday - Up
Near Term - Consolidate

NICKELmcxAPR
Technical Levels
R3 - 1245/1270/310
R2 - 1245-52
R1 - 1226-32
Pivot - 1235
S1 - 1205/1200/85
S2 - 1170/1154
S3 - 1100

Trends:
Intraday - Down
Near Term - Consolidate

LEADmcxAPR
Technical Levels
R3 - 136/142
R2 - 130/132
R1 - 130
Pivot - 128.80
S1 - 125/121.60
S2 - 118/115/113.20
S3 - 115/112.4

Trends:
Intraday - Up
Near Term - Up

ZINCmcxAPR
Technical Levels
R3  - 114/117/120
R2 - 113.50
R1 - 112
Pivot - 111.10
S1 - 110/109.60/107
S2 - 105/103/101
S3 - 100/97/94

Trends:
Intraday - Up
Near Term - Consolidate

CRUDEmcxAPR
Technical Levels
R3 - 5300
R2 - 5070/160
R1 - 5000-5030
Pivot - 5035
S1 - 4880/840/4775
S2 - 4775/55/4680
S3 - 4480

Trends:
Intraday - Consolidate
Near Term -  Up

NAT. GASmcxAPR
Technical Levels
R3 - 235
R2 - 190/196
R1 - 180/184
Pivot - 178
S1 - 175/172
S2 - 170/166
S3 - 162


Trends:
Intraday - Down
Near Term -  Down

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