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Monday, January 17, 2011

Commodity MCX: Calls for 17th jan


MCX Gold trading Recommendation & Tips 17th jan


Trend:
MCX Gold mini can in bearish trend for today.

Support and resistance: MCX Gold mini finds resistance at 20320 , 20380, 20420 with support at 20220 and 20160. Gold is expected to test the resistance to maintain its bearishness.

MCX Silver trading Recommendation & Tips 17th jan

Trend: MCX Silver mini can staying down trend for today.

Support and resistance: MCX Silver mini can find resistance at 43900 and 44100 with support at 43600 and 43200 respectively. We can expect the market to test resistance to gain downward strength.

MCX Crude Oil trading Recommendation & Tips 17th jan

Trend: MCX Crude oil can maintain its bull trend for today but watch the levels carefully.

Support and Resistance: MCX Crude oil finds support at 4150, 4120, 4085 with resistance at 4195 and 4220 respectively. Crude oil market can test its support to gain strength.

MCX Zinc trading Recommendation & Tips 17th jan

Trend: MCX Zinc mini can pull upward for today.

Support and resistance: MCX zinc mini finds support at 111.60 and 110.60 with resistance at 112.60 and 113.20. Zinc mini can test support and then can pull up.

MCX Copper trading Recommendation & Tips 17th jan

Trend: MCX Copper can stay in bull run for today.

Support and Resistance: MCX Copper finds support at 442.60 and 438.60 with resistance at 446.20 and 448.60. We can expect some dips to test copper support and strength.

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