Wednesday, August 10, 2011

MCX crude oil and copper tips for 10 August

Commodity market opened positive COMDEX opened at 3362.48 and MCXMETAL opened at 4698.08 MCXENERGY opened at 2651.17
Crude oil:
In this month oil price dropped 17 %. Tuesday benchmark WTI crude fell at USD 2.01 MCX crude oil up 26 to previous closing price, crude oil is consolidate trend for trade.
Copper tips:
Today base metal is good for trade copper is in perfect uptrend you can buy copper and target 407.50MCX crude oil and copper tips for 10 August
Gold trend:
COMEX arrived at the Gold level of $ 1761. gold on MCX at Rs 25,700. Experts say increasing liquidity in the U.S. to the gold level could reached $ 2,000.


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