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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."

Friday, 10 May 2013

NCDEX Updates with MCX Decline Trend Today

mcx commodity market tips and trend,free gold silver tips updates tomorrow,free intraday commodity tips,ncdex agri mrket trend

NCDEX Updates :- Dhaniya June NCDEX: Prices witnessed a sharp fall from 6623 and later closed the day at 6365. As prices broke the major support of 6440 expect continuation of the fall towards 6290 followed by 6200 levels during the day. Moreover, the momentum oscillators like RSI is trailing lower that may support such selling pressure. However, if prices subjugate above 6600, could prompt the short covering rally to 6800 levels during the day.

MCX Decline Trend Today :- MCX gold and silver have negative bias trading.Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.49 per cent in futures trade today as speculators trimmed positions.Our Experts said,besides profit-booking by participants, a weak trend in the overseas markets, mainly put pressure on the gold prices at futures trade here.

Mcx Tips :- Sell crude oil @5232 sl 5252 target 5192. sell copper at 406.40 stop loss 408.50 with target of target 405/403.80/402.50.

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