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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."

Monday, 3 December 2012

Base Metal Updates |NCDEX Trend Today

mcx commodity tips,free gold silver tips and trend,commodity market tips and trend,ncdex agri trend,commodity energy tips

Base Metal Updates :- Copper prices are expected to trade positive one can maintain a stop loss below 434, we expect prices to test 445 – 447 on higher end.Nickel prices are expected trade within the range from 980 to 940, one can buy around 947 with a stop loss below 935.

MCX Crude oil Updates :- Crude price are likely to remain sideways from 4780 to 4870 one can enter long around 4820 with a stop loss below 4780.

NCDEX Trend Today :- Maize Dec NCDEX: Prices plummeted sharply on Saturday from a high of 1434, closed the day at 1378 levels. For the day, waiting for a mild short covering to 1390 before it resumes the lower correction towards 1370 followed by 1350/1330 levels. The daily RSI is dipping lower indicating further potential to fall. On the other side, it has to consistently trade above 1440 for the trend to turn bullish in the near term.

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