Tuesday 5 February 2013

MCX Market View for 05.02.2013


MCX Gold

International Gold traded 2 dollars lower than yesterday MCX closing price.Once Gold breaks 1680,it will give some bounce.European economic worsening also supportive Gold prices trade higher.

As per Yesterday Report MCX Gold opened above 30600 and settled higher.Yesterday(04.02.2013) MCX April contract Gold Closing price 30780.Yesterday MCX Gold take Support at 30470.

Indian rupee against Dollar(USDINR) will play role to MCX Gold price trade higher.Once MCX Gold settled above 30900,it move MCX Gold price above 31060 level.

MCX Gold Resistance  30898,30960,31042
MCX Gold Support       30640,30470,30310

  Yesterday(04.02.2013) MCX Gold Bhav Copy for Data Reference
Commodity
Contract
Open
High
Low
Close
GOLD
5-Feb-13
30030
30340
30002
30293
GOLD
5-Apr-13
30609
30799
30487
30780
GOLDM
5-Feb-13
29939
30325
29939
30274
GOLDM
5-Mar-13
30305
30510
30241
30494



MCX Silver

Silver trading nearly same price of Friday MCX closing price.

Yesterday(04.02.2013) MCX Silver Closing price 58418

MCX Silver Resistance   58660,58860,59165
MCX Silver Support       58190,58030,57880

Yesterday(04.02.2013) MCX Silver Bhav Copy for Data Reference
Commodity
Contract
Open
High
Low
Close
SILVER
5-Mar-13
58195
58661
57910
58418
SILVER
4-May-13
59733
60049
59285
59797
SILVERM
28-Feb-13
58358
58683
57920
58437
SILVERM
30-Apr-13
59777
60062
59330
59827
SILVERMIC
28-Feb-13
58405
58671
57925
58440
SILVERMIC
30-Apr-13
59750
60075
59351
59821

MCX Crude Oil

Crude Oil trading 20 cents lower from Yesterday MCX Closing level.Crude Oil traded near the lowest level in more than a week in New York because of a report that may show rising stockpiles in the U.S., the world’s biggest crude consumer.

Yesterday(04.02.2013) MCX Crude oil Closing price 5142

MCX Crude oil Resistances    5152,5176,5191
MCX Crude oil Supports         5137,5125,5105

Yesterday(04.02.2013) MCX Crude oil Bhav Copy for Data Reference
Commodity
Contract
Open
High
Low
Close
CRUDEOIL
19-Feb-13
5185
5185
5127
5142
CRUDEOIL
19-Mar-13
5218
5226
5175
5188

MCX Copper

Copper trading nearly same price of yesterday MCX closing price.Euro Debt Crisis news  makes Copper to trade lower.

Yesterday(04.02.2013) MCX Copper Closing price 445.05

Yesterday(04.02.2013) MCX Copper Bhav Copy for Data Reference
Commodity
Contract
Open
High
Low
Close
COPPER
28-Feb-13
443.7
445.85
442.35
445.05
COPPERM
28-Feb-13
443.7
445.85
442.4
445.05

                                                                                                                                                                                                                   
MCX Copper Resistances     447.60,448.40,451.30
MCX Copper Supports          443.70,441.60,438.80

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