GOLD(OCT 11) trend is consolidate trader may buy gold RESISTANCE : 28180 and above this levels 28730 else sell gold SUPPORT : 27230 and below this levels 26950
MCX SILVER (DEC) trend is consolidate trader may buy silver RESISTANCE : 67230 and above this levels 68550 else sell gold SUPPORT : 62530 and below this levels 60500
MCX COPPER (NOV) trend is consolidate trader may buy copper RESISTANCE : 430 and above this levels 436 else sell gold SUPPORT : 417 and below this levels 410
MCX CRUDE OIL (SEP) trend is consolidate trader may buy crude oil RESISTANCE : 4180 and above this levels 4250 else sell gold SUPPORT : 4050 and below this levels 3980
Showing posts with label mcx crude oil trend. Show all posts
Showing posts with label mcx crude oil trend. Show all posts
Thursday, September 8, 2011
Thursday, September 1, 2011
MCX Crude oil trend and market news
Today crude oil decline in London market it first time fall in eight days, and domestic market MCX crude oil is consolidate trend.
Futures reversed earlier gains, falling as much as 1.1 percent, as Europe’s sovereign debt crisis caused the dollar to strengthen, undermining the appeal of dollar-priced assets such as crude. U.S.
Oil for October delivery on the New York Mercantile Exchange was down 21 cents at $88.60 a barrel after falling as much as 58 cents to $88.23 a barrel.
Futures reversed earlier gains, falling as much as 1.1 percent, as Europe’s sovereign debt crisis caused the dollar to strengthen, undermining the appeal of dollar-priced assets such as crude. U.S.
Oil for October delivery on the New York Mercantile Exchange was down 21 cents at $88.60 a barrel after falling as much as 58 cents to $88.23 a barrel.
Wednesday, August 31, 2011
commodity MCX trend for 1 September
GOLD(OCT 11) trend is consolidate trader may buy gold RESISTANCE : 27490 and above this levels 27700 else sell gold SUPPORT : 26980 and below this levels 26640
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 65900 and above this levels 66800 else sell gold SUPPORT : 63100 and below this levels 61940
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 432 and above this levels 438 else sell gold SUPPORT : 420 and below this levels 414
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4125 and above this levels 4180 else sell gold SUPPORT : 4020 and below this levels 3975
MCX SILVER (SEP) trend is consolidate trader may buy silver RESISTANCE : 65900 and above this levels 66800 else sell gold SUPPORT : 63100 and below this levels 61940
MCX COPPER (AUG) trend is consolidate trader may buy copper RESISTANCE : 432 and above this levels 438 else sell gold SUPPORT : 420 and below this levels 414
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4125 and above this levels 4180 else sell gold SUPPORT : 4020 and below this levels 3975
MCX crude oil trend
Oil markets were being depressed by the American Petroleum Institute`s (API) prediction yesterday of a jump in crude stockpiles of the world`s largest oil consumer.
The API report was released yesterday showing US stockpiles rising significantly. That will obviously put a little bit of pressure on the market.
Oil rose to near USD 89 a barrel Tuesday on expectations that supplies will be tighter in the wake of Hurricane Irene.
The API report was released yesterday showing US stockpiles rising significantly. That will obviously put a little bit of pressure on the market.
Oil rose to near USD 89 a barrel Tuesday on expectations that supplies will be tighter in the wake of Hurricane Irene.
Tuesday, August 30, 2011
commodity MCX trend for tomorrow
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 27520 and above this levels 27800 else sell gold SUPPORT : 26800 and below this levels 26500
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 63400 and above this levels 65200 else sell gold SUPPORT : 60600 and below this levels 59200
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 428 and above this levels 434 else sell gold SUPPORT : 417 and below this levels 412
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4150 and above this levels 4210 else sell gold SUPPORT : 4030 and below this levels 3980
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 63400 and above this levels 65200 else sell gold SUPPORT : 60600 and below this levels 59200
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 428 and above this levels 434 else sell gold SUPPORT : 417 and below this levels 412
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4150 and above this levels 4210 else sell gold SUPPORT : 4030 and below this levels 3980
MCX crude oil trend and MCX technical report
It was the latest in a series of reports that indicated the economy improved last month, which could strengthen demand for oil and gasoline. go to buy crude oil above 4037
Copper and aluminum gain 1-1.5 per cent. The lead, nickel and zinc is in the idling. With all metals including copper on the London Metal Exchange in the 1-1.5 per cent while the domestic market is increasingly mixed trends.
MCXMETAL is trading downward by 0.77 points, or 0.02%, at 4,977.93 after opening at 4,980.41. Meanwhile MCXENERGY is trading down by 9.44 points, or 0.33%, at 2,843.49 after opening at 2,849.19.
Copper and aluminum gain 1-1.5 per cent. The lead, nickel and zinc is in the idling. With all metals including copper on the London Metal Exchange in the 1-1.5 per cent while the domestic market is increasingly mixed trends.
MCXMETAL is trading downward by 0.77 points, or 0.02%, at 4,977.93 after opening at 4,980.41. Meanwhile MCXENERGY is trading down by 9.44 points, or 0.33%, at 2,843.49 after opening at 2,849.19.
Monday, August 29, 2011
commodity MCX trend for 30 August
GOLD(OCT 11) trend is Bullish trader may buy gold RESISTANCE : 26990 and above this levels 27270 else sell gold SUPPORT : 26480 and below this levels 26220
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 62700 and above this levels 64100 else sell gold SUPPORT : 59700 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 419 and above this levels 422 else sell gold SUPPORT : 410 and below this levels 405
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4070 and above this levels 4120 else sell gold SUPPORT : 3950 and below this levels 3890
MCX SILVER (SEP) trend is bullish trader may buy silver RESISTANCE : 62700 and above this levels 64100 else sell gold SUPPORT : 59700 and below this levels 58400
MCX COPPER (AUG) trend is bearish trader may buy copper RESISTANCE : 419 and above this levels 422 else sell gold SUPPORT : 410 and below this levels 405
MCX CRUDE OIL (SEP) trend is bearish trader may buy crude oil RESISTANCE : 4070 and above this levels 4120 else sell gold SUPPORT : 3950 and below this levels 3890
MCX copper trend and mcx trading strategies
MCX commodity weekly strategies:
Gold:
For the next week traders can use buy on lower level. If Gold above 28000 it can test the level of 28400.Trade by keeping the strict stop losses. Major support in MCX Gold is 25500 and 24700 Major resistance in MCX Gold is 28400 and 28900.
Silver:
MCX Silver sustains above 60800 above it can test the level of 65000/66000/67000 and above 67800 it can test the level of 69000/70500. Trade by keeping the proper stop losses.
Crude Oil:
For the next week traders can use buy on lower level strategy, MCX if Crude sustains below 3800
then above 4060 it can test the level of 4130/4190in this week. Trade by keeping the proper stop loss.
Copper:
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels.
MCX Copper major resistance would be 425 and 435 and supports would be found at 400and 385.
Gold:
For the next week traders can use buy on lower level. If Gold above 28000 it can test the level of 28400.Trade by keeping the strict stop losses. Major support in MCX Gold is 25500 and 24700 Major resistance in MCX Gold is 28400 and 28900.
Silver:
MCX Silver sustains above 60800 above it can test the level of 65000/66000/67000 and above 67800 it can test the level of 69000/70500. Trade by keeping the proper stop losses.
Crude Oil:
For the next week traders can use buy on lower level strategy, MCX if Crude sustains below 3800
then above 4060 it can test the level of 4130/4190in this week. Trade by keeping the proper stop loss.
Copper:
Copper is in a consolidation phase and traders should use the strategy of buy on lower levels.
MCX Copper major resistance would be 425 and 435 and supports would be found at 400and 385.
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