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Wednesday, June 15, 2011

Crude Oil Tips Intraday | Please Maintai Stoploss

BUY CRUDEOIL FUT Above 4410 TGTS-4430-4460 SL-4300
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MCX Commodity Call | MCX Market Outlook Today Evening Round

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COMEX Outlook
At the Multi Commodity Exchange (MCX), COMDEX is trading down by 4.35 points, or 0.13%, at 3,412.86 after opening at 3,418.36.
MCX Metals Outlook
Other index like MCXMETAL is trading downward by 11.54 points, or 0.26%, at 4,443.64 after opening at 4,458.15.
 MCX ENERGY Outlook
MCXENERGY is trading down by 4.44 points, or 0.14%, at 3,149.12 after opening at 3,160.43. MCXAGRI is trading up 9.35 points, or 0.37%, at 2,561.37 after opening at 2,554.02.
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MCX Commodities Daily Newsletter for Today 15 June 2011

Bullion Trading Strategy and Chart Analysis For Both Side Trading Click Here
Yesterday's Highlights
GOLD DECLINES AS INVESTORS COVER LOSSES IN COMMODITIES, EQUITIES.
OIL FALLS MOST IN FOUR WEEKS ON SAUDI ARABIA’S PLAN TO INCREASE PRODUCTION.
COPPER FALLS, CAPS BIGGEST WEEKLY LOSS IN A MONTH, AS CHINA IMPORTS DROP.
DOMESTIC OIL SEED AND EDIBLE OIL TRADE MARGINALLY LOW.
Gold rose on Tuesday after a flurry of inflation data signalled a continued increase in price pressures, while this week's near-1 percent decline in the bullion price enticed some physical buying.
Renewed concern about Greece and its ability to fund itself remained on the boil, while U.S. wholesale prices rose again in May and consumer spending staged its first drop in 11 months, fanning existing concern about the world's largest economy.
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