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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."

Thursday 7 February 2013

NCDEX Market Updates Today|Live MCX Tips

11:42 bullion market updates, Commodity Market Trend, copper updates, crude oil tips, live ncdex tips No comments

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NCDEX Market Updates :- NCDEX Chana April contract is consistently declining for the past five sessions, that could continue for the day with the price objective 3350 followed by 3300. Outlook is negative for the day. Sell on rallies should be the strategy for intraday. NCDEX Maize could trade sideways to higher towards 1350 as price has supported well at 1310-1308 levels. Any intraday dips are limited to 1310-1300. A decisive close above 1350 can shift its trend to bullish again.

Live MCX Tips :- Buy Nickel 973 Stop loss 968 Target 980.50-985.

Buy silver above 58450 sl 58200 target 58850.

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Thursday 7 February 2013