Thursday, July 5, 2012

MCX Copper and Crude Tips For Today

MCX Copper Tips
MCX Copper is trading at 426 levels at the moment. Looking consolidate for today but it copper cross the 428 level then it can go up to the 432 levels today and set its trend as bull trend else copper stay below the 424 then it will be in a down trend for 2 or 3 trading sessions. For Today MCX copper tips is to wait for the 428 levels then only buy for the target of 432 else below 424 go for sell.

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MCX Crude Tips
MCX Crude oil is trading in a full upper mode. In it's last trading session it shut stop at 4780 ou by 0.5 per cent. MCX Crude is in hold long position. One can go long with mcx crude. Now it is ready to get 4800 levels. MCX Crude has first resistance at 4820 and after that it can go up to 4860 levels with a crutial support at 4720 levels. For Today MCX crude Tips is to buy above 4790 with a stop at 4750.