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Tuesday, June 14, 2011

MCX Bullion and Basemetals tips For today | MCX technical Analysis

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Bullion Trading Data 
Precious metals are trading marginally higher today. In evening session we have U.S. data to be released  any major change can support the prices to move higher.
Basemetals News highlights
Industrial metals are trading higher today. We expect prices to trade in a range, in evening session we have  U.S. retail sales data to be released. An expectation of a weaker release will further pressurize prices of
industrial metals.
Energy Tips and Strategy
Crude oil is trading marginally higher today. We expect prices to remain under pressure on account of  growing concerns about the slowdown in economic growth.

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