MCX Tips For The Last Day of 2012

Bullion:  MCX Gold Contract is looking negative for the day. Market may find support near 31580 & 30480; intraday resistance can be seen near 30730 & 30840. Day traders are advised to sell intraday on rise. (Sell around 30730 with SL 30840, for the target of 30580 & 30480.)    MCX Silver  Contract is looking negative for the day. Market may find support near 57200 & 56700; intraday resistance can...

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MCX Commodity Tips for The Day : 27/12/12

Bullion:  Gold prices are expected to trade within the range from Rs 30500 to Rs 30800. Trend for the day is likely to be sideways to down. One can initiate a sell around Rs 30700-30720. Silver prices are expected to trade within the range from 57200 to 57900. For intraday if holds 57300 one can buy for intraday with a stop loss below 57200. Metal: Copper prices are expected to trade within a range from 443 to 436. One can...

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Academy Stock Exchange: Why Take an Online Stock Trading Course?

Academy Stock Exchange: Why Take an Online Stock Trading Course? Nice Blog, Good information about stock market, it is very informative and helpful. I always ready to read this type of blogs. Regards: <a href="http://stockstrokes.com/freetrial.aspx">Share Market Advisors</a&g...

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MCX News For 26th Dec. 2012

BULLION : Gold futures prices today fell by 0.40 per cent to to Rs 30,732 per 10 gm as speculators reduced their positions, taking weak cues from the global market.         At the Multi Commodity Exchange, gold prices for delivery in February fell by Rs 122, or 0.40 per cent, to Rs 30,732 per 10 gm in a business turnover of 1,569 lots. METAL :  In range-bound movements, copper futures traded a shade higher today largely...

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MCX Tips for 24th Dec. 2012

Gold prices are likely to bounce bank to the tune of 31050 - 31150. For intra day one can buy if sustains above 30800 with a stop loss below 30740. prices are expected to witness selling pressure around the mention zone whereby recommended to exit long position. Silver prices are expected to bounce back till 59000 - 59300 on higher side one can buy for intra day if sustains above 58400 with a stop loss below 58000. Copper prices...

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MCX & Commodity News For the Weak

Industrial metals prices slipped yesterday due to uncertainty over the outlook for demand, increased by a fall in the number of U.S. house building projects being started in November, while investors also kept a close watch on budget talks in the United States.  European lead and zinc premiums were unchanged this week as prices on the London Metal Exchange remained elevated with lead prices touching a year high, market participants said....

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MCX Weekly Upadates and Technical Trends - 17th dec. - 21 dec. 2012

MCX GOLD Technical Trend MCX GOLD last week showed choppy movements from last two sessions and took reversal from 38.2% retracement and it is consolidating around trend line. Now if it gives closing below 31000 then bearish rally is expected towards the level of 30500. On other hand 31500 is seen as strong resistance for it only above this some upward movement is expected. Strategy Better strategy in MCX GOLD is to buy above 31500 for the targets...

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MCX Tips Today for 19th Dec. 2012

BULLION : Gold prices have witnessed a major fall after a bounce back to the resistance zone at 31500-31550. We expect selling pressure to continue sell on rise around 31150 31200 with a stop loss above 31320 for the down side target at 30850-30750. 30700 seems to be a key support below which we expect prices to witness a sell off till 29500-29000. Silver prices are expected to trade negative till 60000-59500, one can sell on rise around 61000...

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MCX Tips For 18 Dec. -Buy Gold above Rs 31600 :

BULLION: Gold prices are expected to trade within the range from 31550 to 31300. Trend for the day is likely to be positive. However selling pressure is expected around 31500 -31550. Fresh buying recommended above 31400. Silver prices are expected to trade within the range from 62200 to 61400. For intraday one can buy around 61600 with a stop loss below 61400. BASE METAL: Copper prices are expected to trade within a range from 452 to 442. One...

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Commodity Market View for 10th Nov. 2012

Bullion: Gold prices are expected to bounce till 31500, for intraday one can buy around 31280 -31250 with a stop loss below 31150. Silver prices also expected to bounce till 63200 -63300, one can buy on dip around 62600 -62500 with a stop loss below 62250. Base Metal: Copper prices have witnessed support at 440 -441 levels we expect prices to test 448 – 450 on higher end one can buy with a stop loss below 441. Nickel prices are expected to trade within the range from 935 to 955 one can trade within the range with a positive...

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