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IndiaMCX Market Updates 28th April 2008

28 Apr 1:18am
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IndiaMCX Market Updates 28th April 2008 - by IndiaMCX

H! Friends,

As We Mentioned Friday Was The Day 4 "Falls-Breakouts" & It Clearly Proved; Almost Whole Market Generated "Falls-Breakouts". Today's Market is Looking 2 Open on "Higher-Side" But Be Cautious Bz "Time Discovery Method" is Not Suggesting 2 Hold Long Positions in Metal Sector; So Be Quick in Booking Profits .

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

GOLD June MCX

Pivot  Point : 11553

Support: 11467-11372-11189

Resistance: 11650-11738-11921

Recommendations: Booked Bumper Profits & W8ing 4 Entry Levels

SILVER May MCX

Pivot  Point: 22180

Support: 21959-21645-21121

Resistance: 22482-22690-23213

Recommendations: Booked Good Profits & W8ing 4 Entry Levels

COPPER April MCX

Pivot  Point: 343.60

Support: 337.10-333.80-325.50

Resistance: 345.50-350.25-358.50

Recommendations: Booked Good Profits & W8ing 4 Entry Levels; Buy SL Below 337.50

NICKEL April MCX

Pivot  Point: 1163

Support: 1146-1128.50-1095

Resistance: 1180-1195.50-1230

Recommendation: Booked Profits & W8ing 4 Entry Levels; Sell SL 1210

LEAD April MCX

Pivot  Point: 110.35

Support: 107.80-106-102.80

Resistance: 111-112.40-115.60

Recommendations: Booked Bumper Profits & W8ing 4 Entry Levels; Sell SL 113.75

ZINC April MCX

Pivot  Point: 90.40

Support: 87.75-85.95-82.10

Resistance: 91.60-93.65-97.50

Recommendations: Booked Profits & W8ing 4 Entry Levels

CRUDE OIL May MCX

Pivot  Point: 4705

Support: 4612-4509-4325

Resistance: 4796-4877-5061

Recommendations: W8ing 4 Entry Levels; Buy SL 4700 or Sell SL 4800

Natural GAS may MCX

Pivot  Point : 440.50

Support : 433.90-428.60-417.90

Resistance : 444.60-450-460.70

Recommendations: Booked Profits & W8ing 4 Entry Levels


INR Closed 40.05 TODAY’S range 40.31-39.96; Precious/Base Metals Can Open Higher

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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