Market Update

Market Watch

Saturday, 29 December 2012

Mcx Tips Today



GOLD:
Trend updated for-Dec/29/2012.CMP-30663 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 30976-31119-31221-31386-31455-31483-

SILVER:
Trend updated for-Dec/29/2012.CMP-57516 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways 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 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 58882-59984-60922-61024-61075-61593-

COPPER:
Trend updated for-Dec/29/2012.CMP-439 The Copper is in long- medium- term bull phase .Currently Copper is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Copper above 451 or buy with strict stop at 430. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 434-431-.Resistance for the Copper is 442-444-

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1 comment:

  1. Epic Research recommends daily updated MCX trading tips, for today Gold trading range is 28610-29808.

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