Friday, 3 May 2013

Bse closed on 160 points lower side mcx copper updates for 3rd

Today we have seen in commodity bullion metal continuous going to be positive side in mid of April it was showed negative move.

Mcx silver for July delivery may trade on positive side, we have seen in previous session it was traded below 45000 but now for evening session it shows positive movement and going to be bullish side it was open at 45136 and previous closing price was 44541, but now it trade on 45385 at 4 pm

Intraday support and resistant for silver is that 45150, 45600

Mcx copper for may delivery also got a positive movement and shows gain a up movement of 13.75 and now traded at 385.9,copperm for august delivery traded with a positive point and hike up to 13.35per kg. 

Indian equity markets opened tad lower amid mixed global cues. Indices extended losses led by selling in rate sensitive stocks ahead of RBI policy. By these reason it sector very affected ,sensex also down by 160 points and closed on negative side.

Intraday calls for MCX 

Buy copper at 385.55 target 385.90, 384.40, 384.90 sl 385 
Buy silver 45454 target 45500, 45550,45550 sl 45400 
Buy nickel at 813.20 target 813.50,813.80,814.20 

for getting mcx silver tips visit

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