Friday, 12 October 2012

MCX Gold, Silver, Copper, Crude Updates Today


Bullions: MCX Gold can trade in range of 31,150-31,500 while Silver can trade in range of 61,000-62,500 in near term. 

Base Metals: Base metals counter may trade in range on mixed sentiments. Copper can trade in range of 431-440 in MCX while Lead can trade in range of 112.50-114.50 in MCX while Zinc may move in range of 100-105. Nickel can move in range of 910-930 in MCX while aluminium may move in range of 103-107.50 in MCX. 

Support for November copper is seen at Rs.432 while resistance is seen at Rs. 442.

Energy: Crude oil counter can remain on volatile path after yesterday sharp covering rally. Overall it can trade in range of 4,840-4,950. 

1 comments:

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