MCX Crude Oil Copper Tips Trend and Levels for Today

MCX Crude Oil Copper Tips Trend and Levels for Today 30 September 2011



MCX Crude gained due to better economic data which above expected data of US
economy it closed at 4076 in Indian market.

MCX CRUDE OIL (July) – expected resistance and support levels for the crude July contract with expiry date of 19 oct 2011 are: MCX Crude Oil Tips

RESISTANCE: R1-4121 R2 - 4150
SUPPORTS: S1-4010 S2 - 3950


MCX COPPER (Nov) – copper’s Nov contract which is going to expire on 30 Nov 2011, is expected to trade between the broad ranges of 350 to 370 Expected resistance and support level for today trade are as follows.

RESISTANCE: R1- 371 R2- 385
SUPPORT: S1- 342 S2- 330

Source :- Commodity-Trading-Help.Blogspot

MCX Crude Oil Today :- Sharp decline in crude oil today. NYSE deepened fears of recession in the world on the crude oil have risen close to $ 78. Brent crude also reached the Ludhkkr is close to $ 100. With 1.5 per cent in MCX crude oil is trading, and crude oil price has come down from Rs 3,900. Crude looses due to doubtful euro zone crises which is not yet resolved and is creating very panicking situations in the mind of the traders.

MCX Crude oil (Jul) – Expected resistance and support levels for the crude July contract with expiry date of 19 oct 2011 are: MCX Crude Oil Tips

RESISTANCE: R1-3947 R2 – 3958.5

SUPPORTS: S1-3921 S2 – 3912

MCX Copper Levels Today

MCX Copper (Nov) – Copper’s Nov contract which is going to expire on 30 Nov 2011, is expected to trade between the broad ranges of 340 to 360 Expected resistance and support level for today trade are as follows.

Resistance: R1- 349.5 R2- 354.50

Support: S1- 342 S2- 330

Source :- Commodity-Trading-Help.Blogspot