Tuesday, February 7, 2012

MCX Commodity Tips and Updates for Today 07 Feb 2012

Bullion counter can trade on volatile path as the fluctuation in domestic currency has curbed much of the downside seen in international markets. Gold can trade range of 27,850-28,150 and Silver is trading above Rs. 56,000. Base metals can remain sideways. Copper can trade in range of 415-425 in MCX while lead may remain in range of 105-108 and zinc in range of 102.104. Crude oil can also trade flat amid mixed sentiments. Copper is trading above Rs. 415 and naturalgas is trading in the range of Rs. 125-128 in today's trading session.

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