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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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Base Metal Tips | Lead,crude oil Tips

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Friday, 19 July 2013

NCDEX Commodity Market Rangbound |MCX Gold Today

mcx gold tips,free trading tips for commodity market,intraday silver trend,ncdex commodity market,mcx bullion tips

NCDEX Commodity Market Rang-bound Today :- Commodity market trend in NCDEX wheat futures for August delivery looks range bound and 1550-1630 is the likely range for the commodity. Break out of the any of the sides of the range is expected to give clear direction to the prices in the near term.

Coriander prices are likely to trade with a negative bias due to subdued demand from bulk purchasers. Lack of quality supplies in physical markets and ample carry over stocks may also weigh on the market sentiments.

Gold continues to trade in range, supported this week by Bernanke’s remarks which made investors question tapering expectations. Today in evening trading session a big movement can be happen so be caution take strict stop loss.

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