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MCX Tips ~ Crude Oil Trend > MCX Copper Natural Gas Tips Today 24 Feb 12

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MCX Crude Oil Trend :- Crude Oil has recovered strongly today. MCX Crude Oil has reached beyond Rs 5,300 1% with boom. In the International Market NYSE Crude Oil touched level of $ 108 a barrel. ICE Brent crude has been above $ 124. Because of fears to Crude oil supplies decrease in Iran crude oil prices is to get support but experts say that alone is not responsible for Crude Oil surge. Crude Oil production figures continue to decline in the last 4 months while America Inventry figures open today where crude oil reserves are expected to decline. Greece relief package is not considered sufficient to overcome the European crisis. Despite crude oil prices is being seen surge.

MCX Energy Natural Gas Tips Today 24 Feb 12

Natural Gas Buy - 136, stoploss -133, Target - 144.

MCX Base Metals :- After the initial decline in base metals now has been steady. Aluminum, Nickel, Lead and Zinc are traded on edge. Although copper trading is still slow.

MCX Copper Tips
Copper February Futures Sell around Rs - 413, Stoploss -416, Target – 408. 

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Intraday Tips Updated at: 5:32 PM
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