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Oct 08, 2012, 03.57 PM IST
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 Silver December Contract around Rs 62300 with a stoploss of Rs 62800 for a target of Rs 61800-61300.
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 Silver December Contract around Rs 62300 with a stoploss of Rs 62800 for a target of Rs 61800-61300.
MCX Gold December Contract is looking slightly negative for the day. Market may find support near 31050 & 30970; 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 31050 & 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 62300 & 62800. Day traders are advised to sell intraday on rise (Sell around 62300 with SL 62800, 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 177 & 180 Day traders are advised to sell intraday on rise. (Sell around 177 with SL 180 for the target of 174 & 171.) MCX Crude oil October contract is looking slightly negative for the day. Market may find support near 4630 & 4570; intraday resistance can be seen near 4690 & 4740. Day traders are advised to sell intraday on rise. (Sell around 4690 with SL 4740, for the target of 4630 & 4570.) MCX Copper November contract is looking slightly negative for the day. Market may find support near 433 & 430; intraday resistance can be seen near 436 & 439. Day traders are advised to sell intraday on rise. (Sell around 436 with SL 439, for the target of 433 & 430.) MCX Nickel October contract is looking slightly negative for the day. Market may find support near 947, 938; intraday resistance can be seen near 962 & 972. Day traders are advised to sell intraday on rise. (Sell around 962 with SL 972, for the target of 947 & 938.) Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
To read the full report click here |
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