Market Update

Market Watch

Thursday 29 November 2012

Mcx Gold and Silver Levels For 29 Nov. 12


Silver
Trend updated for-Nov/29/2012.CMP-63110 The Silver is in perfect uptrend .Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver. The Silver is now trading in overbought level. The Silver is now trading in overbought level. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 62289-61784-61324-60741-60588-59663-. Immediate resistance for Silver is 64399
 Gold
Trend updated for-Nov/29/2012.CMP-31903 The Gold is in long- medium- short-medium- short- term bull phase .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 31747-31437-31320-31219-31036-.Resistance for the Gold is 32104-
Today's call:
CH STOCK CASH PLUS CALLS 29-11-2012
BUY UNITED SPIRIT (LCP-2073.45) ABOVE 2080 TG-2095-2115
BUY REYMOND (LCP-442.2) ABOVE 444 TG-449-456
CH STOCK CASH PLUS CALLS 29-11-2012
BUY AEGIS LOGISTICS (LCP-185.2) ABOVE 186 TG-188.5-191.5
BUY HANUNAG TOYS (LCP-163.65) ABOVE 165 TG-167.5-171.

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