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Oct 05, 2012, 04.00 PM IST

Sell MCX Silver around Rs 62400: Fortune Financial

Fortune Financial Services has come out with its report on MCX Gold, Silver, Natural Gas, Crude Oil, Copper and Nickel. According to the research firm, one can sell MCX Silver around Rs 62400 with a stoloss of Rs 62900 for a target of Rs 61800-61300.

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Fortune Financial Services has come out with its report on MCX Gold, Silver, Natural Gas, Crude Oil, Copper and Nickel. According to the research firm, one can sell MCX Silver around Rs 62400 with a stoloss of Rs 62900 for a target of Rs 61800-61300.


MCX Gold December Contract is looking slightly negative for the day. Market may find support near 31070 & 30980; intraday resistance can be seen near 31190 & 31300. Day traders are advised to sell intraday on rise. (Sell around 31190 with SL 31300, for the target of 31070 & 30980.) 


MCX Silver December Contract is looking slightly negative for the day. Market may find support near 61800 & 61300; intraday resistance can be seen near 62400 & 62900. Day traders are advised to sell intraday on rise (Sell around 62400 with SL 62900, for the target of 61800 & 61300.) 


MCX Natural Gas October contract is looking negative for the day. Market may find support near 174 & 171 intraday resistance can be seen near 178 & 181 Day traders are advised to sell intraday on rise. (Sell around 178 with SL 181 for the target of 174 & 171.) 


MCX Crude oil October contract is looking slightly positive for the day. Market may find support near 4710 & 4660; intraday resistance can be seen near 4750 & 4800. Day traders are advised to buy intraday on dips. (Buy around 4710 with SL 4660, for the target of 4750 & 4800.) 


MCX Copper November contract is looking negative for the day. Market may find support near 432 & 429; intraday resistance can be seen near 435 & 438. Day traders are advised to sell intraday on rise. (Sell around 435 with SL 438, for the target of 432 & 429.)


 MCX Nickel October contract is looking slightly negative for the day. Market may find support near 958, 948; intraday resistance can be seen near 972 & 982. Day traders are advised to sell intraday on rise. (Sell around 972 with SL 982, for the target of 958 & 948.)


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