MCX Tips and Updates Today 24 May 12
MCX
Silver Tips :- Due to rise in COMEX, Domestic Market Bullion is
also seeing strength. MCX gold has risen beyond Rs 29,000 and silver
is trading above 54,000. Currently MCX gold is trading at Rs 29 040
with strength of 0.25% While silver has nearly 0.5% up and reached Rs
54 060.
Silver
July Futures Buy - 53 700, Stoploss - 53 500, Target – 54000.
Crude
Oil and Base Metals Updates :- Crude oil also sky rocketed. NYMEX
crude oil has been strengthened of 0.5%. MCX crude oil is trading at
Rs 5,100 With 0.25% up. MCX Base Metals is seeing decline. All Base
Metals including copper has weakened 0.25 %.
Lead
May Futures Buy - 108, Stoploss - 107, Target – 110.