Commodity Investment guidelines and updates 29-March-2012

[RaahiShah]

GOLD (APR) - Resistance and support levels for the today’s session for Gold APR contract which will expire on 5th APR 2012 are:
SUPPORT 1: 56465
SUPPORT 2: 56310
RESIST 1: 56695
RESIST 2: 56775

SILVER (MAY) – On domestic front Silver’s Expected resistance and support levels for today trade are as follows:
SUPPORT 1: 895.65
SUPPORT 2: 892.25
RESIST 1: 903.55
RESIST 2: 908.85

COPPER (APR) – Most of the materials unless Birdwatcher are in extra situation and with China generation enhancing that will only increase to the already higher efficiency levels. Predicted level of resistance and support level for these days business are as follows:
SUPPORT 1: 428.35
SUPPORT 2: 425.85
RESIST 1: 432.75
RESIST 2: 435.15

CRUDE OIL (APR) – Raw oil resolved with little profits on the back of rising stock stages and turmoil in European countries constant. Expected level of resistance and support stages for the primitive Goal contract with expiration date of 19 APRIL 2012 are:
SUPPORT 1: 28025
SUPPORT 2: 27950
RESIST 1: 28265
RESIST 2: 28395

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