Friday, 27 July 2012

MCX Tips For Today By SMS- Gold, Silver Trend Today

Intraday mcx tips for today,live bullion tips,mcx base metal tips for today,free gold silver tips,commodity tips

Gold Trend and Strategy For Today :- MCX gold prices traded on mixed note and settled marginally down by 0.1 percent due to appreciation in the Indian Rupee. Prices touched an intraday low of Rs.29,773/10gm and closed at Rs.29,793/10gm on Thursday. 

MCX Silver Updates and trend today :- In the Indian markets however, silver prices declined 0.4 percent due to appreciation in the Indian Rupee. Silver prices in MCX settled at Rs.53,217/kg after touching a high of Rs.53,150/kg in yesterday's session. Upbeat global market sentiments along with weakness in the DX are likely to keep bullion metals higher in today's session. However, appreciation in the Indian rupee will cap sharp gains in bullion metals in the domestic markets. 

MCX Base Metal Trend :- Base metals is expecting to trade higher on account of positive global market sentiments coupled with weakness in the DX. Also, expectations that US economy might recover if Federal Reserve policy makers take steps to boost the economic growth thereby supporting an upside in the base metals. Appreciation in the Indian Rupee will restrict sharp rise in the prices in the Indian markets. 

Mcx Tips For Today :- Buy crude oil at Rs 4,975 per barrel with a stop loss of Rs 4,945 per barrel for a target price of Rs 5,020-5,060 per barrel. 

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