1/02/2012 05:52:00 PM
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MCX Bullion Tips|Base Metals Levels |Commodity Market News Today 2 Jan (Gold Silver Crude Copper Aluminum, Lead, Steel, Nickel, Zinc, Natural Gas):- The Multi Commodity Exchange (MCX), COMDEX opened negative after a fall of 0.28% on Saturday. It is currently trading higher by 0.25 points, or 0.01%, at 3,791.63 at 10.04 a.m. after opening at 3,790.02. MCX METAL is trading upward by 2.29 points, or 0.05%, at 4,704.63 after opening at 4,698.81. MCX AGRI istrading up 0.13 points, or 0.00%, at 3,151.19 after opening at 3,149.82.
1) MCX Gold (Feb): Buy around 27,100 levels with a stop loss placed below 26,500 levels for a target of 27,900 levels.
2) MCX Silver (March): Buy above 51,600 levels with a stop loss placed below 50,000 levels for a target of 53,500.
3) Crude Oil (Jan) : Sell below 5,260 levels with a stop loss placed above 5,335 levels for a target of 5,100.
4) Natural Gas (Jan): Buy around 161 levels with a stop loss placed below 158 levels for a target of 167.
5) MCX Copper (Feb) : buy above 407 levels with a stop loss placed below 401 levels for a target of 415.
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