September 13, 2012 / 13:59 IST
Fortune Financial Services has come out with its report on MCX gold, silver, natural gas, crude oil and copper. According to the research firm, one can buy gold October future around Rs 31820 with a stoploss of Rs 31720 for a target of Rs 31970-32070.
MCX Gold October Contract is looking positive for the day. Market may find support near 31820 & 31720; intraday resistance can be seen near 31970 & 32070. Day traders are advised to buy intraday on dips. (Buy around 31820 with SL 31720, for the target of 31970 & 32070.) MCX Silver December Contract is looking slightly positive for the day. Market may find support near 63000 & 62500; intraday resistance can be seen near 63700 & 64200. Day traders are advised to buy intraday on dips (Buy around 63000 with SL 62500, for the target of 63700 & 64200.) MCX Natural Gas September contract is positive for the day. Market may find support near 166 & 163 intraday resistance can be seen near 172 & 175 Day traders are advised to buy intraday on dips. (Buy around 166 with SL 163 for the target of 172 & 175.)
MCX Crude oil September contract is slightly negative for the day. Market may find support near 5330 & 5270; intraday resistance can be seen near 5405 & 5450. Day traders are advised to sell intraday on rise. (Sell around 5405 with SL 5450, for the target of 5330 & 5270.) MCX Copper November contract is looking positive for the day. Market may find support near 451 & 448; intraday resistance can be seen near 455 & 458. Day traders are advised to buy intraday on dips. (Buy around 451 with SL 448, for the target of 455 & 458.)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 on the attachment
Read More
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!