MCX Trading Tips: Support and Resistance levels for Today 15 April 2011

GOLD (JUNE)

Trend: Bullish
R2: 22050
R1: 21750
S1: 21300
S2: 21000
Strategy: Buy on dips

SILVER (MAY)

Trend: Bullish
R2: 63000
R1: 62100
S1: 60800

S2: 60000
Strategy: Buy on dips

COPPER (APR)

Trend: Consolidate
R2: 434
R1: 427
S1: 416

S2: 410
Strategy: Buy on dips

LEAD (APR)

Trend: Consolidate
R2: 123.55
R1: 121.30
S1: 116.60

S2: 114.40
Strategy: Buy on dips

NICKEL (APR)

Trend: Consolidate
R2: 1233
R1: 1193
S1: 1133

S2: 1085
Strategy: Buy on dips

ZINC (APR)

Trend: Consolidate
R2: 111.65
R1: 109.40
S1: 104.85

S2: 102.45
Strategy: Buy on dips

CRUDE OIL (APR)

Trend: Consolidate
R2: 4950
R1: 4870
S1: 4730

S2: 4650
Strategy: Buy on dips

NATURAL GAS (APR)

Trend: Consolidate
R2: 200
R1: 194
S1: 186

S2: 181
Strategy: Sell on Higher levels