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Friday, January 14, 2011

Commodity: MCX Calls for today 14th jan

MCX Gold Trading Recommendation & tips 14th jan

Trend: MCX Gold mini can stay down for today.Watch the levels.

Support and resistance: MCX Gold mini finds resistance at 20420 and 20460 with support at 20380 ,20320. We can expect some selling on tops.

MCX Crude Trading Recommendation & tips 14th jan

Trend: MCX Crude oil can stay in up trend but it look like a two way market where both buyers and sellers can make profit.

Support and resistance: MCX Crude oil finds support at 4110 and 4080 with resistance at 4150 and 4180 respectively. The zone between 4080 and 4060 is crucial which will decide the trend.

MCX Copper Trading Recommendation & tips 14th jan

Trend: MCX Copper can stay in buying only if it stays above 438.50. Watch the levels carefully. considering long term view it can support buyers.

Support and resistance: MCX Copper finds support at 438.50 and 435 with resistance at 441.60 and 444.20. Copper can bounce back after reaching 435.50 trade and watch 438.50 and 435.50 levels carefully.

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