Crude oil prices have gone up. Naimaks expected demand due to the crude oil is approaching $ 100 a barrel. Experts say the European Union decision to give Greece the stimulus may increase demand for crude. Also, growth in the euro against the dollar weakness is to get off oil. However, domestic crude oil is pressure on the profit. On MCX, crude oil is trading at Rs 4431.
MCX Nickel Tips and Zinc Tips For Today 22 July 2011
Nickel (July Futures): Buy - 1065, stoploss - 1056, Target – 1075-1080.
MCX Zinc: Buy - 108.2, stoploss - 107.5, Target – 109.6.
