Nifty Future Tips & Stock Market Updates 30 Nov 12

Today Indian Market Closed on green note. The Nifty index ended at 5,826.60, up 99.15 points or 1.73 percent and it touched a high of 5,833.50 and a low of 5,736.10 in trade today.The Sensex closed at 19,170.16, up 328.08 points and this index touched a high of 19,205.33 and a low of 18,873.63 in trade today. Bullish Intraday Stocks 30 Nov 12 BANKINDIA WELCORP PRADIP NCC UCOBANK FSL HINDPETRO RELCAPITAL BANKBARODA DENABANK TATACHEM SBIN RECLTD PATELENG IOB TVSMOTOR LT ICICIBANK HINDUNILVR CHAMBLFERT LICHSGFIN ONGC CIPLA MUTHOOTFIN HDFCBANK ALBK...

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Commodity Updates and News for 29th nov. 2012

Bullion : Gold futures declined sharply & by about $36 per ounce, on a combination of technical selling, expiration of options and futures contracts, deflationary concerns and a stronger US dollar. Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 9,818.07 tons, as on Nov. 21. Base Metal: Copper futures declined, as investors shunned riskier assets on concerns about the details of Greece's new debt deal and lack of progress in US budget talks aimed at averting...

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Commodity Market for 26th Nov. 2012

Gold: Gold in India followed international prices and gained over 2% weakening dollar and appreciation in rupee could restrict the steepness of rise in domestic markets in the coming week. Outlook:  Gold (December): Gold is expected to move in the range of 31800-32700 during the week ahead. Base metal : We expect base metals to be range-bound as we await the final decision of IMF for Greece bailout and as policy changes from the new Chinese leadership is expected. Outlook:   Copper (November): Copper is expected...

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Commodity Market News For 16th Nov 2012

Bullion: Gold suggest that prices have reversed after taking resistance of 31800 levels. Stochastic is in a sell mode. We expect prices to correct up to levels of 31170. Trading Call: Sell around 31500 levels with a stop loss placed above 31700 levels for targets of 31170 levels. Silver suggest that prices have reversed after taking resistance of 61500 levels. Stochastic is in a sell mode. We expect prices to correct up to levels of 60000. Trading Call: Sell around 60800 levels with a stop loss placed above 61100 levels for targets of 60000 levels. Energy...

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Commodity News For 15 nov. 2012

Gold prices are expected to remain positive. One can buy around 31700 -31650 with a stop loss below 31500 we expect price to test 32000 on higher end. Silver prices  are expected to remain positive  we expect prices to test  62200  – 62300  on higher end one can buy around 61100 with a stop loss below 60500. Copper prices are expected to trade within the range from 414 to 424. One can trade within the range. However, 426 acting as a strong resistance. Nickel  prices  are  consolidating and are...

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Happy Diwali :Commodity Market News For Today 12th nov. 2012

The Multi Commodity Exchange (MCX) COMDEX opened negative after a fall of 0.04% on Saturday. It is currently trading lower by 5.15 points, or 0.14%, at 3,699.01 at 10.01 a.m. after opening at 3,703.99. Other index like MCX Metal is trading upward by 0.49 points, or 0.01%, at 5,212.52 after opening at 5,211.58. MCX Agri is trading down by 22.98 points, or 1.05%, at 2,160.98 after opening at 2,162.94. Meanwhile MCX Energy is trading down by 2.42 points, or 0.07%, at 3,324.40 after opening at 3,326.2...

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Commodity News for Today : for 9th nov. 2012

Bullion: Precious metals prices rose to three-week highs yesterday as investors continued to bet on easier U.S. fiscal policy following President Obama's victory, and prices also got a bounce from fears about increased tensions between the United States and Iran. Base Metal  : Industrial metals prices edged higher yesterday in cautious trade ahead of a leadership transition in top metals consumer China, which may result in fresh economic stimulus measures, while concerns about weak demand and the U.S....

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Commodity Weekly News And Strategies from 5th Nov. to 9th Nov. 2012

MCX GOLD  MCX GOLD last week showed downward trend it moved in a downward channel pattern and found strong support of lower band of channel, now if it able to break support of 30350 than we expect bearish trend in it towards the level of 30000. On other hand if it takes reversal from lower band than resistance is seen around 30850. Strategy Better strategy in MCX GOLD is to sell below 30350 for the target of 29800-29400 with stop loss of 30900. MCX SILVER  MCX SILVER last week showed downward trend on daily charts it moves in downward...

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Commodity News and Updates for 7th oct. 2012

Bullion :  Gold prices are  expected to remain  volatile ahead a US elections, we expect prices to trade within the broad range from 31500 to 30900. Silver prices closed at higher end with a positive break above 59200. As long as price holds and closes above 59200 prices are expected to trade higher Base metal :  Copper prices are expected to trade higher and test the resistance of 425 -426. For intraday one can buy around 421 with a stop loss below 417. Crossing 426 would witness fresh buying to the tune...

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Commodity New for Today 02 oct. 12

Gold prices are expected to witness a sideways to downward trend one can sell on rise around 31000 -31050 with a stop loss above 31170 for the downside target at 30800 -30750. Silver prices witnessing selling pressure from higher end we expect prices to test the support at 59400 -59300. For the day we expect prices to trade within a range from 59000 to 60200. Intraday one can sell with a stop loss above 60350. Copper prices are expected to trade within the range from 418 to 426, one can trade with a positive bias...

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Commodity Weakly News and Updates

MCX GOLD  MCX GOLD last week showed upward trend it moves in a downward channel pattern and faced strong resistance of upper band of channel, now if it able to break resistance of 31520 than we expect bull trend in it towards the level of 31750. On other hand if it breaks psychological support of 31000 than it may find next support around 30750. Strategy Better strategy in MCX GOLD is to buy above 31520 for the target of 31750-32000 with stop loss of 31000. MCX SILVER MCX SILVER last week showed down trend and moves in channel pattern...

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