Mcx Tips Today

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GOLD:

Trend updated for-Feb/25/2013.CMP-29605 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Gold. 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 29146.Resistance for the Gold is 30121-30363-30369-30643-30871-31056-

SILVER:

Trend updated for-Feb/25/2013.CMP-53702 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Silver. 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 52865.Resistance for the Silver is 55466-56369-57230-58050-59154-59593-

Today's Mcx Tips

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

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