MCX NCDEX Commodity Tips for 01 June 2012

MCX NCDEX Commodity Market Tips & Outlook 01 June 2012

MCX Gold, Silver, Copper, Crude oil, Natural Gas, Lead, Aluminum, Zinc Live Prices, updates, support Resistance Level,Live Chart 31 May 2012,Commodity future updates, June July Commodity outlook, Gold Update, Silver Live Trend, MCX Tips, MCX Gold, Silver Sure Shot Call, Intraday Tips, Commodity Future Updates, MCX Online Tips, Free Commodity Trading Strategy Today, MCX NCDEX Tips for Today 01 June 2012, MCX Live price and Chart

MCX Gold Tips: Sell below 29120, Stop loss 29170, Target 29070

MCX Silver Tips: Sell below 54100, Stop loss 54300, Target 53800

MCX Copper Tips:Buy above 424, Stop loss 422, Target 426

MCX Lead Tips: Buy above 108.75 Stop loss 108.50 Target 109

MCX Zinc Tips: Buy above 106.80, Stop loss 106.50, Target 107.10.

MCX Aluminum Tips: Buy above 112, Stop loss 111.70, Target 112.30

MCX Crude Oil Tips: Buy above 4990, Stop loss 4960, Target 5020

MCX Natural Trading Tips: Buy above 4990, Stop loss 4960, Target 5020

London Metal Exchange – Copper Prices Slips

Prices of base metal in London Metal Exchange continued in fall trend on Thursday.The base metal prices in London metal exchange met 4 months low.Copper traded steadily, around 4-month lows, as sentiment were cautious given worries that Spain might be hit hard if Greece leaves the euro and defaults on its debt. Global copper market was in deficit of 1,52,000 tons in the first quarter of 2012, as compared to a surplus of 320,000 tons in the year ending CY2011, as per WBMS.
LME Price Highlights:

–Aluminium alloy fell 0.15% to $1882 a metric ton
–Aluminium slipped 0.37% to $1986.50 per metric ton
–Copper dipped 0.02% to $7707 a metric ton
–Lead dipped 2.18% to $1929 per metric ton
–Nickel slipped 0.26% to $16900 a metric ton
–Tin dipped 1.66% to $19445 per metric ton
–Zinc slipped 1.51% to $1883 a metric ton
–Steel eased 6.02% to $429 per metric ton