Thursday, May 16, 2013

MCX COPPER AND BASE METALS UPDATES||GOLD, SILVER TIPS TODAY

MCX base metals has gained 0.1-0.3 per cent. Copper is trading over 0.7 percent higher at Rs 401.25. Aluminum 0.3 per cent, 0.7 per cent nickel, 0.23 per cent zinc and lead gained 0.3 percent in open session.

Copper may touch the levels of 445 in MCX today. Market may find support near to 397 & 395; For Day trader can take resistance 443 to 445. Trader can buy Copper near to 401 for June contract Targets 442,443 Stop Loss 399.  

Gold Silver Tips 
~ Sell MCX silver near to 43100 with in May delivery Targets’ 43165, 43250 Stop Loss 42950.

~ Buy MCX Gold June below 26050 Targets 26073, 26097 Stop Los 26003.

7 comments:

falguni gyarsia said...

Kapas is showing down trend it lost 0.05 percent to Rs. 1031.5. it open at 1032 and takes a high of 1036 and low of 1030, it changes its position around 6 points. Intraday trading and
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