Wednesday, May 11, 2011

MCX Commomdity support and resistance levels for today 11 May 2011

GOLD MCX (JUNE)
R2: 22530
R1: 22250
S1: 21960
S2: 21675
Trend: Consolidate
Strategy: Buy on dips

SILVER MCX (JULY)
R2: 61450
R1: 59830
S1: 57400
S2: 55550
Trend: Consolidate
Strategy: Buy on dips

COPPER MCX (JUNE)
R2: 415
R1: 408
S1: 394
S2: 385
Trend: Consolidate
Strategy: Sell on high

CRUDE OIL MCX (MAY)
R2: 4740
R1: 4650
S1: 4560
S2: 4450
Trend: Consolidate
Strategy: Buy on dips

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