Showing posts with label commodity updates today 06 march 2012. Show all posts
Showing posts with label commodity updates today 06 march 2012. Show all posts
Tuesday, March 6, 2012

MCX Trading Tips ~ Intraday market updates today 06 March 2012

Precious metals are trading flat on MCX commodity market today. Gold is trading near at Rs. 28,000 and Silver is trading in the range of Rs. 58,000-58,500 today. We expect prices to trade lower for the day. All base metals are trading flat on International bourses today. Support for April copper is seen at Rs.421 while resistance is seen at Rs.432. We expect prices to trade lower for the day. Crude oil is trading higher on NYMEX today. Crude oil is trading in the range of Rs. 5320-5380. We expect prices to trade higher for the day.
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MCX Intraday Tips ~ Commodity Updates Today 06 March 2012

Gold eases on firmer u.s. dollar; physicals support.
Crude oil slips below $107, iran woes support.
Lme copper slips, china cuts growth outlook.
Ncdex turmeric and jeera trade low; pepper hits 4pc upper circuit.

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