MCX NCDEX COMMODITY TIPS| GOLD SILVER TIPS: mcx base metal updates today

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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."

Thursday, 28 February 2013

NCDEX Outlook For Today| MCX Tips

mcx commodity tips,mcx ncdex tips,commodity market updates,jeera trend,free ncdex jeera tips,bullion tips

NCDEX Outlook For Today :- Refined Soy oil Mar NCDEX- If unable to trade above 691 levels, could see downside correction towards 684/680 levels in the near term.

Jeera Mar NCDEX- If prices stay below 13200, could continue downside correction towards 13000/12750 levels.

Pepper Mar NCDEX : Pepper prices bounced back from a low of 37000 and finally closed the day at 37895. As prices cleared the upper obstacle of 37500, anticipate a major upside moves towards 38100 followed by 38500 levels. But it is necessary to surpass 38500 to trigger the next leg of bullish rally. On the lower side, trend reversal may be seen if prices are unable to hold the technical base of 37000 levels in the near term. In the meantime, daily RSI signals positive sentiments for the day.

MCX Tips - Sell mcx silver ( may ) below 55140 ready to target 54000 52000 sl-55953.

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