Thursday, March 29, 2012

MCX Commodity Tips ~ Intraday Market Updates Today 29 March 2012

MCX Silver Tips, MCX Gold:


Precious metals are trading higher on MCX commodity market today. Both Gold and Silver are trading flat for the day. We expect prices to remain under pressure on account of rebound in the  U.S. dollar against other currencies.

MCX Base Metals Tips, Copper Updates:


All base metals are trading on a negative note today. Support for April copper is seen at Rs.428 while resistance is seen at Rs.440. We expect prices to trade lower for the day.

MCX Crude Oil Tips, Crude Updates:


Crude oil is trading flat on MCX today. Crude oil is trading in the range of Rs. 5380-5440 in today's trading session. We expect prices to remain under pressure on account of a  big rise in U.S. crude inventories.

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