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Buy MCX Copper Nov Fut on dips: Fortune Financial

Fortune Financial Services has come out with its report on MCX Gold, Silver, Crude Oil, Copper and Nickel. According to the research firm, MCX Copper Nov contract is looking bullish on chart, day traders can buy on intraday dips. Major support levels are seen near 430.01, 425.66, 421.32 while major resistance is seen near 438.69, 443.04, 447.38.

October 17, 2012 / 11:45 IST

Fortune Financial Services has come out with its report on MCX Gold, Silver, Crude Oil, Copper and Nickel. According to the research firm, MCX Copper Nov contract is looking bullish on chart, day traders can buy on intraday dips. Major support levels are seen near 430.01, 425.66, 421.32 while major resistance is seen near 438.69, 443.04, 447.38. 


MCX Gold Dec contract is looking bullish on chart, day traders can buy on intraday dips. Major support levels are seen near 30730 , 30419 and 30109 while major resistance is seen near 31350 , 31661 and 31971.


 MCX Silver Dec contract is looking bullish on chart, day traders can buy on intraday dips. Major support levels are seen near 59431 , 58830 and 58230 while major resistance is seen near 60631 , 61232 and 61832. 


MCX Crude Oil Oct contract is looking bullish on chart, day traders can buy on intraday dips. Major support levels are seen near 4810 , 4762 and 4713 while major resistance is seen near 4908 , 4956 and 5005.


MCX Copper Nov contract is looking bullish on chart, day traders can buy on intraday dips. Major support levels are seen near 430.01 , 425.66 and 421.32 while major resistance is seen near 438.69 , 443.04 and 447.38. 


MCX Nickel Oct contract is looking bearish on chart, day traders can sell on intraday dips. Major support levels are seen near 884.57, 875.63 and 866.70 while major resistance is seen near 902.44, 911.37 and 920.31.


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To read the full report click on the attachment

first published: Oct 17, 2012 10:57 am

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