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Jul 25, 2011

Free Mcx Tips/ Ncdex Tips 25 july

Free mcx tips, free ncdex tips, free mcxindia tips, mcx calls, mcx bullion tips, agri tips, commodity market update , commodity news
Silver-prices at Comex are likely to remain range bound to up as the 10 period MA slope is up while MACD is positive. Comex silver prices are having resistance at
$41.09 and support at $39.70. At MCX prices are having resistance at 60450 and support at 58900 for the day for September contract. RSI is in overbought territory hence buying on dips is advised.
Comex prices are likely to remain up as the 10 period MA slope is up and MACD is positive. Comex prices are having key resistance at $1625 and support at $1597 for the day. At MCX, prices are having resistance at 23200 and support at 23040 for the day for August contract.

Crude oil prices are likely to remain range bound as the 10 period MA slope has turned flat and MACD is in positive territory. Key resistance for the day is at $100.50 while support is at $97.70 at Nymex. At MCX prices are having key resistance at 4505 for the day and support is at 4355 for August contract.

LME Copper prices are expected to remain range bound to bearish for short term as the 10 period MA slope has turned flat and MACD has entered negative territory. LME
copper prices are having resistance at $9740 and support at $9560. At MCX prices are having resistance at 435.50 and support at 429 for the day for August contract

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1 comment:

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