Daily Commodity Report by www.epicresearch.co 29th May 2013

GOLD MCX HOURLY CHART & LEVELS
TRADING STRATEGY:
GOLD MCX buying is seen at lower levels but also seller are active at higer levels around 26600-26700. Stiff Resistance @26700
1. Sell GOLD MCX below 26320 TGT 26250/26200 SL 26380
2. Buy GOLD MCX Above 26535 TGT 26585/26635 SL 26495

SILVER MCX HOURLY CHART 7 LEVELS
TRADING STRATEGY:
SILVER MCX is trading between Range 44200- 42400. Till breakout of Range. Strategy to Work would be buy on Dips and Sell on Rise for Trading purpose.
1. Buy SILVER MCX Above 43700 TGT 44000/44200 SL 43500
2. Sell SILVER MCX below 42900 TGT 42700/42500 SL 43100

CRUDEOIL MCX HOURLY CHART & LEVELS

CRUDEOIL MCX is trading near to Short term up trend and some correction expected in Intraday but Buying opportuniy lies around level @5250.
1. Buy CRUDEOIL MCX above 5250 TGT 5275/5300 SL 5225
2. Buy CRUDEOIL MCX on Dips around 5250 TGT 5300/5350 SL 5200

COPPER COMEX DAILY CANDLESTICK CHART
COPPER MCX turned from lower support levels and buying is seen around support @392 last week . Trading in uptrend and hence each correction is buyind opportunity.
1. Buy COPPER @CMP @412.15 TGT 415/417 SL 409
2. Sell COPPER MCX below 409 TGT 406/404 SL 412

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