Market Update

Market Watch

Monday 31 December 2012

Mcx Market Tips Today



GOLD:
Trend updated for-Dec/31/2012.CMP-30697 Overall trend of the Gold is bearish for medium-long term .Currently Gold is moving sideways The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Gold above 31661 or buy with strict stop at 30249. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 30249.Resistance for the Gold is 30912-31074-31186-31382-31447-31477-

SILVER:
Trend updated for-Dec/31/2012.CMP-57660 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Silver above 63694 or buy with strict stop at 56994. The Silver is now trading in oversold level. The Silver is now trading in oversold level. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 56994.Resistance for the Silver is 58498-59672-60705-60953-61031-61579-

Today's Call  
 
CH STOCK CASH PLUS CALLS 31-12-2012
BUY GITANJEKI GEMS (LCP-510.85) ABOVE 513 TG-518-525
BUY PANTALOON (LCP-253.8)  ABOVE 255 TG-258-262

CH STOCK CASH PLUS CALLS 31-12-2012
BUY MRD (LCP-12694.75) ABOVE 12720 TG-12760-12820
BUY ADVANTA (LCP-967.5) ABOVE 970 TG-975-983

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4 comments:

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    I-DAY MCX BUY LEAD ABOVE 168.85 TARGET 169.4-170.3 SL 168.3
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