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Friday, March 25, 2011

MCX Evening call for today | Commodity trading analysis


MCX Intraday call
Sell MCX Gold april below 20848 target 20808 stoploss 20893 
MCX Silver Buy Above 55840 Stopsloss 55630 Target 56000

Gold trading is slow today. While on MCX silver futures has seen the light edge. Comex also fall into sleep. But silver is trading at about half per cent growth.
Gold and silver reached new records. Comex the gold top $ 1447 yesterday after the business is now around $ 1,433. The same 38 dollars per ounce of silver up until after the profit has come. While on NYMEX crude is trading above 105 dollars a barrel.
Pepper in commodities has come on top. Pepper now trading with gains of 2 per cent is. While potatoes have declined. On MCX, mentha oil has fallen about 1 percent. Although silver is traded on the edge.
 
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MCX Support and Resistance for today | MCX silver live price


GOLD TRADES NEAR RECORD ON EUROPE DEBT RISK; SILVER REACHES 31-YEAR PEAK.

  • OIL FALLS FROM 30-MONTH HIGH AS U.S. CRUDE STOCKPILES GAIN OUTWEIGHS LIBYA.

  • DEMAND PROSPECTS LIFT COPPER, ALUMINIUM

  • DOMESTIC OIL SEED AND EDIBLE OIL TRADE DOWN.
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