Wednesday, March 28, 2012

MCX NCDEX Tips ~ Commodity Market Updates Today 28 March 2012

MCX Gold and Silver are trading flat on MCX commodity market today. MCX Gold is trading above Rs. 28,100 and Silver is trading in the range of Rs. 57,000-57,300. We expect prices to trade range bound for the day. 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 is trading lower on MCX commodity market today. Crude oil is trading in the range of Rs. 5420-5480. We expect prices to trade lower for the day.

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