Market Update

Market Watch

Saturday 9 February 2013

Mcx Live Market Watch

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ALUMINUM:
Trend updated for-Feb/09/2013.CMP-113 The Aluminum is in perfect uptrend .Currently Aluminum is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend. Cautious point is buying at higher levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminum is 112-111-110-. Immediate resistance for Aluminum is 113

COPPER:
Trend updated for-Feb/09/2013.CMP-446 The Copper is in perfect uptrend .Currently Copper is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend. Cautious point is buying at higher levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 441-440-439-437-434-. Immediate resistance for Copper is 449

CRUDE OIL:
Trend updated for-Feb/09/2013.CMP-5144 The Crude oil is in long- medium- term bull phase .Currently Crude oil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Crude oil is in SELL position.Positionally Support for the Crude oil is 5021-4941-4889-.Resistance for the Crude oil is 5182-5192-5199-

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