Tuesday 7 May 2013

TODAY COMMODITY OUTLOOK AND EXPECTED BULLISH BEARISH TREND

Today the MCX shows negative trend for bullish commodity cotton also seen in negative side ,base metal shown in positive side for short term silver has fallen by 377 points in early trade of MCX .its previous close was 45168 but today it open with a down move of 137 points so you can trade with a support level of 44627 and a resistant level of 45210 

NATURAL GAS : MCX natural gas May futures is trading negative and on the lower side prices have the potential touch 214 and 210 levels now it trade on positive side and have a good expectation in future . 

BASE METAL : all base metal seen in bullish side for short term now you can say that it still in positive side for future contract ,the June delivery of copper trade on 398.15 / kg but August contract may trade on 402.05 with the gain of 1.2 points ..it supported at 392.2 and resisted at 401.5. 

Expected commodity outlook 

SPOT SILVER ON SIDEWAYS TO BULLISH 
SPOT GOLD SIDEWAYS TO BULLISH 
COPPER SIDEWAYS TO BULLISH FOR SHORT TERM 
CRUDE OIL ON BEARISH SIDE 
NATURAL GAS SHOWS SIDEWAYS POSITION 

YOU GOT EXCITING OFFERS ON MCX COMMODITY TIPS

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