Market Update

Market Watch

Saturday, 25 May 2013

Free Mcx Commodity Tips Blogspot



GOLD:
Trend updated for-May/25/2013.CMP-26406 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 BUY signal For short term Gold is in SELL position.Positionally Support for the Gold is 26082-.Resistance for the Gold is 26561-26754-27407-28171-28713-

SILVER:
Trend updated for-May/25/2013.CMP-43473 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 .. The oscillator is showing BUY signal For short term Silver is in SELL position.Positionally Support for the Silver is 43151-.Resistance for the Silver is 44094-44454-46547-49224-51183-

MENTHA OIL:
Trend updated for-May/25/2013.CMP-944 Overall trend of the Menthaoil is bearish for medium-long term .Currently Menthaoil is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Menthaoil is 938-923-921-.Resistance for the Menthaoil is 984-1083-1150-

NATURAL GAS:
Trend updated for-May/25/2013.CMP-236 The Naturalgas is in perfect uptrend .Currently Naturalgas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higher levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Naturalgas is 226-224-223-222-215-206-. Immediate resistance for Naturalgas is 240

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