MCX Tips Today - Silver Gold Copper and Crude Oil 18 May 12

Posted by Naresh Tomar on Friday, May 18, 2012


Despite of slowdown in International Markets, Domestic commodity Markets continues to stand fast. MCX Gold – Silver is looking up. However COMEX Bullion light declined. NYMEX Crude oil slipped 0.3% and arrived at 92.3 % / barrel.

MCX Gold is trading at Rs 28 710 With gain of 0.5%. Silver is looking strong about 1% and price has risen to Rs 53 620. MCX crude oil is trading at Rs 5060 With up by 0.5. MCX base metals have been strong by 0.5 %.

MCX Tips Today 18 May 12

Gold June Futures, Buy - 28 220, Stoploss - 28 170 , Target - 28 600.

Silver July Futures, Sell - 53400, Stoploss - 53 600, Target - 52 600.

Copper June Futures, Sell – 424, Target – 418 – 415, Stoploss - 428.

Crude Oil May Futures, Sell – 5125, Target – 5020, Stoploss – 5145.

MCX Tips for Today

Here we daily post MCX Tips for Today for Bullion Commodity Gold Silver, Energy Crude Oil and Natural Gas and Base Metals - Copper, Zinc, Aluminum, Lead and Nickel Tips trend and trading levels for today.
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