Bullion Updates- Gold Trading Tips

MCX Gold likely to trade with positive bias. The August contract of Gold futures can see some upward rally above 22200 levels so traders may buy Gold MCX (Aug)
above 22200 to target 22225-50-75 and 22300 later. Keep a strong stoploss below 22020.

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MCX Commodity Tips For Today (6 October 2010)

MCX Gold - Dec 

S2-19466.67 S1-19536.33 CMP-19606.00 R1-19646.33 R2-19686.67  
Buy at 19550 TP 19630 SL 19500

MCX Silver - Dec

S2-33992.00 S1-34161.00 CMP-34330.00 R1-34498.00 R2-34666.00  
Buy at 34220 TP 34410 SL 34100

MCX Crude Oil - Oct -

S2-3660.00  S1-3673.00 CMP-3686.00 R1-3701.00 R2-3716.00
Buy at 3672 TP 3701 SL 3650
 
MCX Natural Gas - Oct

S2-167.87 S1-168.33 CMP-168.80 R1-169.33 R2-169.87  
Buy above 170 TP 175 SL 167.5

MCX Aluminium - Oct

S2-104.55 S1-104.85 CMP-105.15 R1-105.65 R2-106.15
Buy at 104.8 TP 106 SL 104
 
MCX Copper - Nov

S2-364.38 S1-366.22 CMP-368.05 R1-370.27 R2-372.48
Buy at 368 TP 371 SL 366
 
MCX Lead - Oct

S2-102.43 S1-102.87 CMP-103.30 R1-103.97 R2-104.63
Buy at 103 TP 104.5 SL 102

MCX Nickel - Oct  S-21096.70 S1-1104.10 CMP-1111.50 R1-1119.80 R2-1128.10 Buy at 1108 TP 1120 SL 1098

MCX Zinc - Oct S2-101.50 S1-102.25 CMP-103.00 R1-103.70 R2-104.40  
Buy at 102.9 TP 104 SL 102

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