Market Update

Market Watch

Wednesday, 27 February 2013

Mcx Tips 100% Accuracy



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  • Gold jumped the most since November
  • Oil fell to a seven-week low in New York
  • Natural gas futures fluctuated near a two-week high
  • Copper for three-months delivery rose 0.3 percent

Gold jumped the most since November as Federal Reserve Chairman Ben S. Bernanke defended the U.S. central bank’s asset purchases, boosting demand for bullion as a hedge against stimulus-fueled inflation.

Technical View:

GOLD(APR)


Trend           • Consolidate
Strategy       • Sell on high
Resistance • R2 - 30580
                    • R1 - 30250
support      • S1 - 29880
                    • S2 - 29550

 LEAD(FEB)

Trend          • Consolidate
Strategy      • Sell on high
Resistance  • R2 - 128.5
                      • R1 - 126.8
support        • S1 - 123.3
                      • S2 - 120.5


Today's Mcx Tips


CH CALL: SELL GOLD APR BELOW 29753 TG1-29730 TG2-29700 TG3-29660 STOPLOSS-29831

CH CALL: BUY LEAD FEB ABOVE 123.5 TG1-124 TG2-124.5 TG3-125.1 STOPLOSS-122.45


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