Thursday, December 8, 2011

Today’s Commodity Tips

According to Our Share Tips and Commodity Tips Expertise assumes that MCX Silver may touch the levels of Rs. 58,000 in this month.

Precious metals rose on Tuesday, and now Precious/Bullion metals are trading higher levels. It is expected that prices are trade higher for the day. All base metals are trading higher on International bourses today and expect prices to trade higher for the following trading session. Crude oil is trading higher on MCX today.

On MCX, Copper Commodity (Feb Contract) started with strong note and made a high of 412.70. Day traders can adopt strategy of buy on dip in copper metal. One can buy this base metal around 409-409.50 for the target of 412.50-414. In broad perspective also, Copper is likely to remain bullish.

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