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FREE COMMODITY TIPS AND COMMODITY TRADING LEVELS FOR 14TH JUNE 2012

COPPER (JUN) : Expected resistance and support level for today trade are as follows.

TREND CONSOLIDATE

SUPPORT 1: 402.50

SUPPORT 2: 394.60

RESISTANCE 1: 417.90

RESISTANCE 2: 423.70

CRUDE OIL (JUN) - Expected resistance and support levels for the crude JUN contract are:

TREND CONSOLIDATE

SUPPORT 1: 4565

SUPPORT 2: 4520

RESISTANCE 1: 4775

RESISTANCE 2: 4880

GOLD (AUG) -Resistance and support levels for the today's session for Gold AUG contract 2012 are:

TREND CONSOLIDATE

SUPPORT 1: 28840

SUPPORT 2: 28265

RESISTANCE 1: 30380

RESISTANCE 2: 30555

SILVER (JUL) - Silver for July delivery was little changed at $28.925 an ounce. Silver is Expected resistance and support levels for today trade are as follows.

TREND CONSOLIDATE

SUPPORT 1: 54320

SUPPORT 2: 53813

RESISTANCE 1: 55535

RESISTANCE 2: 56530

Free Commodity Market Overview

Markets perhaps are more worried about the June 17 Greek elections rather than Presidential polls in India.

The start today is likely to be down given the shaky global markets. Today all eyes will be on WPI inflation for May. Watch out for core inflation, which is being closely tracked by the RBI.

Free Commodity Live Updates

Commodity Markets: dull gold, Rs 30,000 across.

After the initial slowdown in the domestic market gold - silver light is gained. MCX gold is up 0.25 per cent to Rs 30,000 with strength. Ended with the silver is trading at Rs 55 160.International market, gold - silver declining trend is intact.

MCX crude oil is trading flat, the price per barrel is 4637.Naimaks half per cent of the crude oil is trading and the price at $ 82.

With strength in base metals are traded. On MCX Copper, aluminum and nickel half per cent is trading with strength. Lead and zinc have been 0.30 per cent.

Cotton Seeds at NCDEX June, July, August and September futures are trading with strength in the 2-2.5 c. The red pepper futures are seeing a decline of 1 per cent.

FREE COMMODITY TIPS

http://free-commodity-tips.blogspot.in/2012/06/free-commodity-tips-and-commodity_14.html