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Thursday, March 24, 2011

Commodities Trading tips with Technical Analysis


MCX Silver,gold,copper,nickel Calls For Evening
MCX Silver (May ): Buy - 56 100, Stoploss - 55950 target - 56 300
MCX Gold (April ): Buy - 20950, Stoploss - 20 900 target - 21 100
MCX Copper (April ): Buy - 439, Stoploss - 437 target - 443-445
MCX nickel (March ): Buy - 1214, Stoploss - 1205 target - 1225
 Commodities trading News of Today
Silver has today reached a new high. Record levels of silver in the spot market have touched Rs 56 200. Silver on MCX is trading at record levels. COMEX 37 silver dollars across the 31-year record level has been. While Gold is trading slow in today.
Commodities of today, silver tops. Futures and spot silver is trading at record levels.
Wednesday due to deteriorating situation in the Middle East, Asia, oil prices reached the highest level of two and a half years.
NYMEX crude oil at close to 106 dollars a barrel to close. Currently, crude oil remains above 105 dollars.
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