BASE METAL WRAP:Copper traders are the most bearish in six weeks on concern demand will slow in China, Europe and the US at a time when hedge funds are betting on lower prices. Copper fell 0.3% to $7,577 a tonne this year on the London Metal Exchange after slumping 21% last year. The MSCI World Index of equities gained 2% since the start of January and the S&P GSCI gauge of 24 commodities slid 4.6%.
SUPPORT 1: 418.05
SUPPORT 2: 414.20
RESISTANCE 1: 425.15
RESISTANCE 2: 428.45
CRUDE OIL (JUL)
NIFTY SPOT LEVEL: 5TH JANUARY 2012
In upcoming trading session there is higher possibility that nifty spot will manage between broad levels of 4645-4845. If the market breaches the level of 4800 on the upper side then the next resistance level will be 4845. But if nifty breaches the support level of 4685 then it may go down till the level of 4645.
BANK NIFTY FUTURES: 5TH JANUARY 2012
Are you still waiting for a technical call with higher accuracy plus 100% profit ..then your wait is over….you landed at right place at right time. Click us and earn you…..
Seek all current information related to stock market, Nifty outlook for today and tomorrow and so on..
Huge profit here only…