MCX Tips ~ Crude Oil Trend > MCX Copper Natural Gas Tips Today 24 Feb 12


mcx tips
MCXCrude Oil Trend :- Crude Oil has recovered strongly today. MCX Crude Oil has reached beyond Rs 5,300 1% with boom. In theInternational Market NYSE Crude Oil touched level of $ 108 a barrel.ICE Brent crude has been above $ 124. Because of fears to Crude oilsupplies decrease in Iran crude oil prices is to get support butexperts say that alone is not responsible for Crude Oil surge. CrudeOil production figures continue to decline in the last 4 months whileAmerica Inventry figures open today where crude oil reserves areexpected to decline. Greece relief package is not consideredsufficient to overcome the European crisis. Despite crude oil pricesis being seen surge.

MCXEnergy Natural Gas Tips Today 24 Feb 12

Natural Gas Buy -136, stoploss -133, Target - 144.

MCX Base Metals :- Afterthe initial decline in base metals now has been steady. Aluminum,Nickel, Lead and Zinc are traded on edge. Although copper trading isstill slow.

MCXCopper Tips
CopperFebruary Futures Sell around Rs - 413, Stoploss -416, Target –408.