MCX Updates - Copper Trading Tips

In copper MCX Negative trend is still alive for today;s trading session. However we can see some recovery to the level of 400-402. Bullish trend could be seen only above 410 level.

For Intraday One can commence sell on high around 397-398 for the Targets of 394-393 SL-402

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MCX Nickel Outlook- Likely to touch 1200 Mark

Nickel succeeded in rising constantly from last few weeks by taking strong support at 1100, as investor’s regained confidence to purchase the commodity once again after the extensive decline in earlier month. 

On Thursday, at MCX counter Nickel January delivery contract rose to 0.46 percent and tested new high at 1173 in morning trades.  Nickel price may test 1200 after commencement of US production price Index numbers. Nickel is one of the promising metals for healthy profit in coming months as it is likely to get affected by continuous rise in the steel price. 



Keep Visiting MCX Tips Blog  to get daily Free Commodity Updates.

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MCX Commodity Tips For Today

MCX crude oil (January Futures): Buy - 4150, SL - 4141 and target - 4180


Copper MCX (February Futures): Buy - 431, SL- 429.6 and Target - 433

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MCX Tips Blog: Commodity Tips For Today

Gold (February Futures): Buy - 20600, SL - 20490 and the target - 20820


Silver (March Futures): Buy - 44200, SL - 43950 and the target - 44600

Copper MCX (February Futures): Buy - 414, SL - 411 and the target - 420

Get Live Stock Tips And Nifty Futures Tips- Visit Our Nifty Tips Blog

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MCX Tips- Trading Recommendations 8 Oct 2010

Commodity	S-2	S-1	CMP	R-1	R-2	Recommendation
MCX Gold - Dec	19240	19280	19320	19400	19480	Sell at 19390 TP 19280 SL 19450
MCX Silver - Dec	33369.33	33481.67	33594	33826.67	34059.33	Sell at 33780 TP 33550 SL 33950
MCX Crude Oil - Oct	3549.67	3573.33	3597	3630.33	3663.67	Sell at 3613 TP 3580 SL 3632
MCX Natural Gas - Oct	160.93	161.77	162.6	163.77	164.93	Sideways
MCX Aluminium - Oct	102.35	102.9	103.45	104	104.55	Sideways
MCX Copper - Nov	357.77	359.83	361.9	363.53	365.17	Sell at 363 TP 359 SL 365
MCX Lead - Oct	97.13	97.77	98.4	99.07	99.73	Sell at 99.20 TP 97.8 SL 99.9
MCX Nickel - Oct	1037.63	1047.57	1057.5	1072.17	1086.83	Sell at 1065 TP 1050 SL 1073
MCX Zinc - Oct	97.65	98.5	99.35	100.25	101.15	Sideways

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