Mcx commodity technicals for 05/10/2009

Crude oil (Oct contract)

Crude oil remains in the same position

Short term trend negative changing to positive

Resistant :3345-3350 above that it can move to 3454-3460 levels

Support at 3280-3290 below that it can move down to 3252-3255 levels

Copper (Nov contract)

Short term trend negative

Resistant at 298-300 above that it can move to 304.

support at 286-288 below that it can move down to 275 levels


Gold

Short term trend positive

Crude oil remains in the same position

Resistant at 15737-15750 above that it can move to 15870.

Support at 15510-15535.