MCX Trading Tips and commodity market report for today 05 may 2011

GOLD MCX (JUNE)
R2: 22550
R1: 22300
S1: 21900
S2: 21750
Trend: Consolidate
Strategy: Buy on dips

SILVER MCX (JULY)

R2: 63500
R1: 61365
S1: 59170
S2: 57780
Trend: Consolidate
Strategy: Buy on dips

COPPER MCX (JUNE)

R2: 428
R1: 420
S1: 408
S2: 400
Trend: Consolidate
Strategy: Buy on dips

ALUMINIUM MCX (MAY)

R2: 125.50
R1: 123
S1: 121.50
S2: 119.30
Trend: Bullish
Strategy: Buy on dips

LEAD MCX (MAY)

R2: 115.30
R1: 112.50
S1: 109.50
S2: 106.80
Trend: Consolidate
Strategy: Buy on dips

NICKEL MCX (MAY)

R2: 1219
R1: 1185
S1: 1145
S2: 1112
Trend: Consolidate
Strategy: Sell on high

CRUDE OIL MCX (MAY)

R2: 5020
R1: 4940
S1: 4830
S2: 4760
Trend: Consolidate
Strategy: Buy on dips

NATURAL GAS MCX (MAY)

R2: 222
R1: 215
S1: 201
S2: 192
Trend: Consolidate
Strategy: Buy on dips