Market Update

Market Watch

Tuesday 26 March 2013

Mcx Trading Tips Free Trial

Today Mcx Market Wrap: ·           


  • Copper fell in New York, extending a weekly decline
  • Natural gas futures climbed in New York for the first time in four days
  • Gold dropped the most in three weeks
  • Silver futures for May delivery slid 0.2 percent
  • Nickel, zinc, aluminum and lead were also lower in London


Copper fell in New York, extending a weekly decline, as speculation that China’s government will take steps to tame inflation added to concerns that global growth will slow, curbing metals demand. Gold dropped the most in three weeks after Cyprus agreed with euro-area finance ministers on a rescue package, reducing demand for the precious metal as a haven. Silver futures for May delivery slid 0.2 percent to $28.645 an ounce in New York. Natural gas futures climbed in New York for the first time in four days as colder-than-normal weather persisted in the eastern half of the U.S., boosting demand for the heating fuel.

Technical View: 


GOLD(APR) 


Trend          • Consolidate 
Strategy      • Buy on dips
Resistance  • R2 - 30250 ;  R1 - 29850
support       • S1 – 29420 ; S2 – 29180


SILVER(MAY)
Trend          • Consolidate
Strategy      • Sell on high   

Resistance  • R2 -56750 ; R1 -55470                
support       • S1 - 53150  ; S2 - 52200
                    
Money CapitalHeight Research Pvt Ltd  is an ISO 9001-2011 Registered  Stock Advisory Company, having a strong hold in providing most authentic and accurate Mcx Tips .

       For 2 Days Free Mcx Tips,Stock Tips,Mcx Strategy,Live Mcx Calls,Market Wrap Visit our sites www.capitalheight.com or call at 0731-4295950 or 9993066624

No comments:

Post a Comment