Market Experts

COPPER (FEB) – Copper’s Nov contract which is going to expire on 29th FEB 2012, is expected to trade between the broad ranges of 398 to 406 Expected resistance and support level for today trade are as follows:

SUPPORT 1: 397.55
SUPPORT 2: 396.35

RESISTANCE 1: 401.55
RESISTANCE 2: 403.10

CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2012 are:

SUPPORT 1: 5185
SUPPORT 2: 5070

RESISTANCE 1: 5360
RESISTANCE 2: 5445

GOLD (FEB) - Gold FEB contract which will expire on 4th FEB 2012.Gold gave a bearish run as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:

SUPPORT 1: 27415
SUPPORT 2: 27325

RESISTANCE 1: 27765
RESISTANCE 2: 27955

SILVER (MAR) – Silver is Expected resistance and support level for today trade are as follows:

SUPPORT 1: 50620
SUPPORT 2: 49735

RESISTANCE 1: 52775
RESISTANCE 2: 53690

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