January 10, 2013 / 13:35 IST
Fortune Financial Services has come out with its report on MCX Gold, Silver, Natural Gas, Crude Oil, Copper, Lead, Nickel, Aluminium. According to the research firm, one can buy MCX Crude Oil January contarct around Rs 5070 with a stoploss of 5020 for a target of Rs 5140-5190.
MCX Gold February Contract is looking negative for the day. Market may find support near 30720 & 30610; intraday resistance can be seen near 30860 & 30970. Day traders are advised to sell intraday on rise. (Sell around 30860 with SL 30970, for the target of 30720 & 30610.)
MCX Silver March Contract is looking negative for the day. Market may find support near 57500 & 57000; intraday resistance can be seen near 58100 & 58600. Day traders are advised to sell intraday on rise. (Sell around 58100 with SL 58600, for the target of 57500 & 57000.)
MCX Natural Gas January contract is slightly looking negative the day. Market may find support near 169 & 166 intraday resistance can be seen near 174 & 177. Day traders are advised to sell intraday on rise. (Sell around 174 with SL 177 for the target of 169 & 166.)
MCX Crude oil January contract is looking slightly positive for the day. Market may find support near 5070 & 5020; intraday resistance can be seen near 5140 & 5190. Day traders are advised to buy intraday on dips. (Buy around 5070 with SL 5020, for the target of 5140 & 5190.)
MCX Copper February contract is looking slightly positive for the day. Market may find support near 446 & 443; intraday resistance can be seen near 450 & 453. Day traders are advised to buy intraday on dips. (Buy around 446 with SL 443, for the target of 450 & 453.)
MCX Lead January contract is looking slightly negative for the day. Market may find support near 126.20, 125.10, intraday resistance can be seen near 127.80 & 128.90 Day traders are advised to sell intraday on rise. (Sell around 127.80 with SL 128.90 for the target of 126.20 & 125.10)
MCX Nickel January contract is looking slightly positive for the day. Market may find support near 954, 946, intraday resistance can be seen near 969 & 980. Day traders are advised to buy intraday on dips. (Buy around 954 with SL 946 for the target of 969 & 980.)
MCX Aluminium January contract is looking positive for the day. Market may find support near 112.60, 111.50, intraday resistance can be seen near 114.40 & 115.50 Day traders are advised to buy intraday on dips. (Buy around 112.60 with SL 111.50 for the target of 114.40 & 115.50)
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