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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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Tuesday, 28 May 2013

Gold Silver Down Trend Today |MCX NCDEX Tips

intraday commodity tips today,gold silver trend tomorrow,free copper trend,ncdex chana tips,live mcx tips today 28 may

Gold Silver Down Trend Today : - Gold fell on Tuesday as Asian stock markets and the dollar firmed after a turbulent week, undermining the metal's appeal as a safe haven and prompting more selling in bullion-backed exchange traded funds.Prices still hold strong resistance at 27500 & trend remains down till the given level holds. On the lower side, support holds at 26580, a breach below the given levels further selling is expected till 26000 & 25300 levels.

Silver Trend :- The trend still remains down till prices are trading below 45350-4550. We advise to Sell on rallies with stop above 45500; downside is expected till 41000 & 37000.

MCX NCDEX Tips :- Gold (Jun) Sell 26600-26630 target of 26450 / 26300 with stop loss of 26690. Short menthaoil at 923 stop loss 931 target 900.

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