Market Update

Market Watch

Monday, 4 February 2013

Mcx Market Watch

Money CapitalHeight Pvt. Ltd. is providing  Today's Mcx Tips in Gold and Silver  we provide 95 %a accurate Mcx Tips.

GOLD:
Trend updated for-Feb/04/2013.CMP-30035 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 SELL position.Positionally Immediate support for Gold is 29675.Resistance for the Gold is 30409-30552-30718-30938-31213-31216-

SILVER:
Trend updated for-Feb/04/2013.CMP-58418 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58852-58910-59153-59575-60296-60322-

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