Thread: 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:

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 :- MCX Crude Oil Tips

MCX Crude Oil Tips Trend and Copper Levels for Today


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

Copper :- There is now strong gains in base metals. Copper with the most rapid turnover is about one per cent. also fast in the other metals. LME base metals on the effect of consolidation is being witnessed at home business. With nearly 1.5 per cent on LME copper have risen above $ 7,300. Copper during the week have gone up about 5 percent.

MCX Copper (Nov) – MCX 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- 337.50 S2- 333

Crude Oil :- Bullish trend in crude oil is today. International market, crude oil is trading above $ 82. But also on the MCX crude oil is trading at 1 per cent.

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

RESISTANCE: R1- 4070 R2 – 4095

SUPPORTS: S1- 4010 S2 - 3990

MCX Crude Oil October Sell - 4080, stoploss - 4120, Targets - 4040 - 4020


Source :- MCX Crude Oil Tips Today | MCX Copper Tips Today