Wednesday, November 16, 2011

MCX Tips: Commodity Updates

MCX Bullion|NCDEX Agri Commodity Tips Levels Range Today 16 November (Gold Silver Crude Copper Natural Gas) The Multi Commodity Exchange (MCX), COMDEX opened on a positive note after a rise of 40.55 points. It is currently trading lower by 9.45 points at 3,783.81 in the morning session of trade after opening at 3,797.27. MCX METAL was trading downward by 19.64 points at 4,886.26 after opening at 4,906.31. MCX AGRI was trading up 18.57 points at 3,028.86 after opening at 3,028.51. 

MCX Bullion And Base Metal Trading Tips & Levels: 
Gold (Dec): Sell below- 28,800 for Target: 28,450 with Stop Loss above- 29,100 

Silver (Dec): Sell below- 57,100 for Target: 56,000 with Stop Loss above- 57,900  

Crude (Dec):  Buy around- 4,970  for Target: 5,080 with Stop Loss below- 4,900

Natural Gas  (Nov):  Sell near 175 for Target: 170  with Stop Loss above-178 

Copper (Nov)Sell below 387.50 for Target: 382 with Stop Loss above-391
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