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Wednesday, July 27, 2011

MCX Gold and Silver Call For Today 27 July 2011

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MCX Crude Oil Report
On MCX The Crude oil is in selling pressure crude oil trading 4380 on MCX and on NYMEX around $99 per barrel.The U.S. Energy Department report will look at the market. Experts believe that the U.S. could increase crude oil reserves. Which will increase the pressure on crude oil.
MCX Gold and Silver Both precious metals trading up on MCX gold trading 23180 and Silver on 60160.
Precious Metals Call Intraday
MCX Gold Aug Buy Above 23250  stoploss 23000 Target 23350 23400
MCX Silver Aug Buy Above 60750 stoploss 60000 target 60500 62000
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Commodities Support and Resistance For Today 27 July 2011

MCX Silver and Copper Tips and Call For Today 
MCX Silver has perfect upper side trend still moving ahead Tuesday Silver Aug Future +247 closed at 60244 yesterday in silver seen profit booking some time it has seen in pressure but  overall close at up levels. Today also i expect on MCX Silver would trade for profit.
MCX Silver Tips For Today is Buy on Dip and Maintain stoploss and analyst support and resistance which given by us.

MCX Silver Buy Silver Above 60200 Stoploss 59800 Target 60800 61000

MCX Copper also has good form. Copper indicate Buy signal.
Buy Copper above 438 stoploss 436 target 441 443. please trade with maintaining stoploss.
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MCX Commodity Daily Newsletter For Today 27 July 2011

GOLD EASES BUT SUPPORT FROM U.S. DEBT TALKS FIRM.
OIL DROPS ON DEMAND CONCERN.
LONDON COPPER SNAPS 4-DAY RETREAT AS DOLLAR WILTS.
DOMESTIC OIL AND OILSEED TRADE STEADY.
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