Sunday, June 8, 2008

MCX Weekly Supports

MCX Weekly Supports

CRUDE WEEKLY LEVEL'S MCX
SUPPORT:- 5775/5670/5580/5495/5370/
RESISTANCE:- 5985/6165/6235/6415/6475

GOLD WEEKLY LEVELS
SUPPORT:- 893.00/887.50/883.50/879.00/873.00
RESISTANCE:- 904.00/913.00/922.00/928.00/937.00

SILVER WEEKLY LEVEL'S
SUPPORT:- 17.27/17.11/16.98/16.85/16.67
RESISTANCE:- 17.57/17.70/17.83/18.10/18.22

CRUDE WEEKLY LEVEL'S
SUPPORT:- 134.95/132.40/130.35/128.95/125.35
RESISTANCE:- 139.65/143.85/145.80/149.95/150.95

MCX HEARD

Silver crossed 17.50$ if it sliped below 17.30$ than only weak else its too +ve

Gold closed (Spot) 902.20$ some profit booking can be seen till 895$ and till 892$ gold shall be weak below 890$ only
If it need to touch 144$ than technically correction required till 137-135.30$
but crude nt following technical as we said earlier so lets c

Crude has been smashed at friday touched around 139.50$
technically it need to give correction

Mcx 7-Jun Close

MCX
7-Jun-08
CLOSING RATE:- CRUDE:-5854,GOLD:-12453,SILVER:-24428,COPPER:-342.85,ZINC:-84.7,NICKEL:-954 .5,LEAD:-84.05,NATURAL GAS:-542

DISCLAIMER



DISCLAIMER: INVESTING AND TRADING IS VERY RISKY AND FINANCIAL LOSSES ARE OFTEN THE RESULT.

Investment success is far from a sure thing. This site is solely intended for educational purposes. I am not a registered investment advisor and it is not my intention to provide anyone with investment advice. I am not recommending that any reader of this blog buy, sell, short, or engage in any other investment strategy based upon the content set forth herein. I strongly urge all readers to perform their own due diligence before investing and or trading their funds. I will not be responsible for any readers financial losses.