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Friday, May 6, 2011

Buy Silver At 55650 Soon Enter

Buy silver 55650 Sl 55000 Target 55900 56000  56200

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MCX Bullion and Crude Oil Market Special Report Today

MCX crude oil (May ): Sell - 4400, Stoploss - 4460 Target - 4250-4220
MCX Copper (June ): Sell - 400, Stoploss - 405 Target - 390

On MCX, crude oil's sharp decline. May crude oil futures slipped below the Rs 4,500 has sense. NYMEX While the crude oil has come down from $ 100. Silver glitter is too pale. July silver futures on MCX with a sense of 3 per cent fall has come to Rs 53,000. COMEX rising prices at the margin pressure is being witnessed. In gold trading is too dull.

Silver is trading at a sharp decline. MCX July futures has nearly 3 per centdive. While the sharp drop in crude oil is trading. However, Copper and other Base Metals is looking light in trading.

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Support and Resistance For MCX Commodities Today 6 May2011

SILVER DOWN 2 PERCENT AFTER MARGIN HIKE; GOLD STEADY.
CRUDE OIL DECLINES FOR A FOURTH DAY AMID SIGNS OF SLOWING FUEL CONSUMPTION.
COPPER LOWEST SINCE DEC ON DEMAND PROSPECTS.
SPICES COMPLEX TRADE WEAK.
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