Tuesday, May 17, 2011

MCX Commodity Market Technical View for today 17 may 2011

MCX GOLD (JUNE)
R2: 22280
R1: 22050
S1: 21750
S2: 21420
Trend: Consolidate
Strategy: Buy on dips

MCX SILVER (JULY)
R2: 55550
R1: 53900
S1: 51800
S2: 50250
Trend: Consolidate
Strategy: Sell on high

MCX COPPER (JUNE)
R2: 417
R1: 405
S1: 395
S2: 388
Trend: Consolidate
Strategy: Sell on high

MCX CRUDE OIL (MAY)
R2: 4550
R1: 4440
S1: 4380
S2: 4250
Trend: Consolidate
Strategy: Buy on dips

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