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Commodity Market News for 03 Feb

February 3, 2012 Finance news in Calicut,Kerala, India, Republic of

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Chinese and Indian Gold Demand Rising as Zero Interest Rates Distort Investment Markets.

FOR IMMEDIATE RELEASE
Calicut, Kerala, India, Republic of (Free-Press-Release.com) February 3, 2012 -- MARKET NEWS

Chinese and Indian Gold Demand Rising as Zero Interest Rates Distort Investment Markets.

RiddiSiddhi launches mobile app for bullion trading.

Russia's crude oil output hits post-soviet era high in Jan.

Base metals settle lower on global economic concerns.

Copper trades lower on demand concerns from China.

MCX lead falls on subdued spot demand.

Norilsk warns 10% of global nickel production loosing money at current prices.

TODAY’S TIPS
THE EQUICOM CALL:

BUY SILVER (MAR.) ABOVE 57500
TARGET-57650/57825/58000
FOR MORE TIPS CALL US 09200009266

Buying seen at the lower level in the commodity. It can be break a strong resistance level.
Thus it will make a green candle. Follow “Buy on Dips” strategy.

DAILY LEVELS

GOLD

TREND : CONSOLIDATE
RESISTANCE 1 : 28260
RESISTANCE 2 : 28400
SUPPORT 1 : 27990
SUPPORT 2 : 27845
STRATEGY : BUY ON DIPS

SILVER

TREND : CONSOLIDATE
RESISTANCE 1 : 57500
RESISTANCE 2 : 58230
SUPPORT 1 : 55890

SUPPORT 2 : 55020
STRATEGY : BUY ON DIPS

COPPER

TREND : BEARISH
RESISTANCE 1 : 415.50
RESISTANCE 2 : 420.00
SUPPORT 1 : 407.50
SUPPORT 2 : 401.00
STRATEGY : SELL ON HIGHS

CRUDE OIL

TREND : BEARISH
RESISTANCE 1 : 4780
RESISTANCE 2 : 4840
SUPPORT 1 : 4640
SUPPORT 2 : 4570
STRATEGY : SELL ON HIGHS

LEAD

TREND : BEARISH
RESISTANCE 1 : 107.20
RESISTANCE 2 : 107.80
SUPPORT 1 : 104.70
SUPPORT 2 : 103.90
STRATEGY : SELL ON HIGHS

FOR REST OF THE LEVELS DO VISIT OUR SITE HERE

http://www.theequicom.com/images/stories/REPORTS/Commodity%20Analysis-%20Daily.pdf

We at THE EQUICOM RESEARCH provide tips in equity and commodity market with an accuracy rate above 90%. For joining us just call us at 0731-6458808 or 09200009266 or visit our site www.theequicom.com or visit our blog www.equity-commoditytips.blogspot.com

free-press-release.com commodity tps equity tips free mcx tips intraday tips MCX Tips stock tips the equicom the equicom financial

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Contact Information

Name: TheEquicom Research

Company: TheEquicom Financial Services
Telephone: 0731-6458808,09200009266
Email: ***@gmail.com
About the author
Theequicom is a Financial Advisory Company which is specialized in providing equity tips and commodity tips covering almost all the major segments of the equity market such as stock cash, nifty futures, stock futures, F&O. The calls are given on intraday

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