MCX NCDEX COMMODITY TIPS| GOLD SILVER TIPS: commodity tips for 29 jun

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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."

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Wednesday, 29 June 2011

MCX Tips fOr Today 29 Jun(Commodity Tips For Today)

11:35 bullion tips, commodity tips for 29 jun, commodity tips for today, free bullion tips, gold tips for 29 jun, MCX Tips, mcx tips for to day, silver tips No comments

The Gold is in long- term bull phase .Currently Gold is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Gold. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in SELL position.

Gold Tips For 29 Jun:-
R1 22234.4
R2 22268.6
PIVOT 22240.7
S1 21974
S2 21939.9

Silver Tips For 29 Jun:-
Buy above 51490 with a stop at 50180.8 Below 49813 go for sell and put stop at 51120.6.
R1 51120.6
R2 51267.2
PIVOT 50819
S1 50180.8
S2 50034.8

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