Commodity Tips MCX Gold Nickel Tips 7 July

Posted by Unknown on Thursday, July 7, 2011


Intraday Crude oil remains strong even today. On MCX, crude oil is trading at Rs 4329.  After the initial boom in the futures market appears to be pressure on gold and silver.Rs 22 156 on MCX gold and silver are trading at Rs 53 811. However, in the spot market is bullish in gold and silver.  Copper is also increasingly being traded. To Rs 430 during trading on MCX Copper was also broken. However, copper was at Rs 421. LME Copper also is strong.


MCX Commodity Tips Today 7 July  

MCX Gold (August Futures): Sell - 22 220, stoploss - 22 280, above the target - 22100 


MCX Nickel (July Futures): Buy - 1042, stoploss - 1035, below target - 1060 

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