Wednesday, November 9, 2011

MCX Gold, Silver, Base Metals, Crude Oil News and Tips Today

Today all the products in MCX Commodity Market are mixed trading. Today MCX GOld, Crude Oil, Naturalgas are trading at higher prices and MCX Silver, Copper and other Base Metals are trading at lower prices. We assume that all are trading same for the day.

MCX Copper may note some decline tracking international markets. MCX Aluminium may note some gains tracking international markets. Support for Aluminum November contract is seen at Rs. 105 while resistance of Rs.108.5. MCX Zinc note some decline tracking international exchange. Support for MCX Zinc November contract is seen at Rs.96.5 while resistance is seen at Rs.99.5. MCX Nickel may note some decline tracking international markets. Support for MCX Nickel November contract is seen at Rs.915 while resistance is seen at Rs.940.

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