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COPPER (FEB) – Copper’s Nov contract which is going to expire on 29th FEB 2012, is expected to trade between the broad ranges of 398 to 406 Expected resistance and support level for today trade are as follows:
SUPPORT 1: 399.15
SUPPORT 2: 397.35
RESISTANCE 1: 403.55
RESISTANCE 2: 405.10
CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2012 are:
SUPPORT 1: 5275
SUPPORT 2: 5160
RESISTANCE 1: 5460
RESISTANCE 2: 5545
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Calls to watch ( 9 jan 12)
Sell around 1635 and hold for tomorrow
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