Wednesday, April 27, 2011

MCX Trading Tips: Evening report of commodity market for today

GOLDmcxMAY(m)
Technical Levels
R3: 22450/600
R2:21900/22300
R1: 21820
Pivot: 21770
S1: 21700/620
S2: 21590/450/290
S3: 21200/080

Trends
Near Term: Consolidate
Intraday: Up

SILVERmcxJUN(m)
Technical Levels
R3: 74000/77000
R2:71050/72500
R1: 69050/640
Pivot: 69000-67000
S1: 67500-300/200
S2: 66000/64200
S3: 63250/61000

Trends
Near Term: Consolidate
Intraday:Up

COPPERmcxAPR
Technical Levels
R3: 440/446
R2:431/435/438
R1: 422/424.30/426
Pivot: 420
S1: 418
S2: 416/413
S3: 410/406/400

Trends
Near Term: Consolidate
Intraday: Down

NICKELmcxAPR
Technical Levels
R3: 1248/1280
R2:1207/1220
R1: 1182/88/94
Pivot: 1176
S1: 1173/1161/52
S2: 1147/1143/32
S3: 1128/1100

Trends
Near Term: Consolidate
Intraday: Up

LEADmcxAPR
Technical Levels
R3: 131/135/145
R2:124/126/129
R1: 116/118/121
Pivot: 113
S1: 110/108
S2: 106/104
S3: 100/98

Trends
Near Term: Consolidate
Intraday: Down

ZINCmcxAPRIL
Technical Levels
R3: 108.6/109.8
R2: 105.50/107.8
R1: 102.10/104.30
Pivot: 100.50
S1: 98.6
S2: 95/93
S3: 90/88/85

Trends
Near Term: Down
Intraday: Down

CRUDEmcxMAY
Technical Levels
R3: 5180/5300
R2: 5090/5120
R1: 5060
Pivot: 5010
S1: 4970/4950
S2: 4920/4880/800
S3: 4490

Trends
Near Term: Down
Intraday: Up

NAT. GASmcxMAY
Technical Levels
R3: 214/230
R2: 205/211
R1: 203
Pivot: 200.50
S1: 197/194
S2: 192/188
S3: 186/178

Trends
Near Term: Up
Intraday: Up

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