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IndiaMCX Market Updates 19th March 2008

Tags: BSC
19 Mar 12:52am
Posted by fingad
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H! Friends,

Yesterday FED Cut Rate By .75 Basis Points As Per Expectations. Today Whole Metal Sector is Going 2 Open on "RED-CARPET" & Upto Evening Session We Can Expect Some Good Recovery.

Today’s IndiaMCX Market Updates is Uploaded in Ur Favourate Groups; Have A Look on it & Catch The Trade of Day.

GOLD April MCX

Pivot  Point : 13101

Support: 13023-12956-12811

Resistance: 13168-13246-13391

Recommendations: Booked Profits & Holding Shorts Trgts 12955-12925-12855

SILVER May MCX

Pivot  Point: 26097

Support: 25816-25468-24773

Resistance: 26511-26858-27553

Recommendations: Booked Bumper Profits & Holding Shorts Trgts 25750-25550-25350

COPPER April MCX

Pivot  Point: 332.20

Support: 328.70-324.55-317.25

Resistance: 336-339.15-346.45

Recommendations: Booked Partial Profits & Holding Shorts SL Above 340

NICKEL March MCX

Pivot  Point: 1232.50

Support: 1209-1189.50-1149.5

Resistance: 1249-1269.50-1309.5

Recommendation: Booked Profits & W8ing 4 Entry Levels

LEAD March MCX

Pivot  Point: 118.15

Support: 115.95-113.85-109.95

Resistance: 119.85-121.65-125.55

Recommendations: Booked Bumper Profits & Holding Shorts SL Above 123

ZINC March MCX

Pivot  Point: 101.15

Support: 99.50-97.75-94.55

Resistance: 102.70-104.15-107.35

Recommendations: W8ing 4 Entry Levels; Buy SL 98.50 or Sell SL 105

CRUDE OIL April MCX

Pivot  Point: 4273

Support: 4233-4166-4056

Resistance: 4343-4386-4496

Recommendations: Booked Profits & Holding Shorts SL Above 4385

Natural GAS March MCX

Pivot  Point : 374.70

Support : 364.40-359.10-345.3

Resistance : 378.20-386.70-400.5

Recommendations: W8ing 4 Entry Levels

INR Closed 40.50 TODAY’S range 40.68-40.25; Precious/Base Metals Can Open Lower

Disclaimer: This Research Report is prepared for general information. Opinions & estimates contained herein are subject to change without notice. The data and information herein provided is believed to be reliable but indiamcx ADVISORY SERVICES does not warrant for its accuracy or completeness. Indiamcx Advisory Services or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading may result in huge losses. Traders doing so are doing at their own risk. We are not responsible for any damages.

MARKET CHANGES ITS COLOURS EVERY HOUR SO SL & TARGETS CAN CHANGE EVERY HOUr


If You Need IndiaMCX Market Updates in Your E-Mail than Just Click the Link http://groups.yahoo.com/group/indiamcxmarketupdates

Regards!

Bharat

IndiaMCX Advisory Services
Baljeet Nagar, New Delhi-110008 (INDIA)
+91+9811526475
+91+9873068342
E-Mail: indiamcx@yahoo.co.in & indiamcxonline@yahoo.co.in
www.indiamcxonline.com


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