Sunday 25 December 2011

Commodity,Gold,Silver,Tps,MCX Gold,Silver Outlook,Commodity trend


Today we can see commodity market position specially gold & silver. Gold & silver both negative seen today.Today mcx gold is trading at Rs 27 7650 and its decline 0.1 percent. While Silver trading at Rs 53,000 with 0.3 percent.
Now we talk to Copper so it’s also slipped 0.4 percent and crude oil is today trading at Rs 5,270.
         Today trend
  MCX   Trend      Strategy    resistance   Support

Gold      Consolidate   Buy on dips  27993-28283   27637-27575
Silver     Consolidate   Buy on Dips  53901-54300  52700-52300
Zinc       Consolidate   Sell on High   98.45-100       96.5-95
Nickel    Consolidate   Buy on Dips   994-1008        972-949






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