Live Mcx Market Watch

Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Mcx Tips as well as Commodity Tips. 

• Copper is poised for the first weekly gain
• Zinc, tin and lead also rose
• Gold swung between advances and declines
• Dollar strengthened against a six-currency basket
• Crude oil rose above 91.5$
• Natural gas futures climbed to a 13-week high

Copper is poised for the first weekly gain in four after exports by China, the top user of the industrial metal, grew more than expected, adding to signs of the global economic recovery. Zinc, tin and lead also rose. Gold swung between advances and declines before a report that is forecast to show the U.S. labor market improved, damping expectations for further stimulus and boosting the dollar. Silver fell. The dollar strengthened against a six-currency basket before the report that may show U.S. employers added more jobs in February. West Texas Intermediate oil headed for the first weekly gain in three weeks. Brent crude’s premium to New York futures narrowed as a North Sea pipeline network resumed five days after it was shut because of a leak.

Technical View: 

GOLD(APR)

Trend            • Consolidate

Strategy           • Sell on high

Resistance      • R2 - 29950

                          • R1 - 29680

support            • S1 - 29150

                          • S2 - 28850

SILVER(MAY)

Trend          • Consolidate

Strategy      • Sell on high

Resistance  • R2 -57750

                      • R1 -55870

support        • S1 - 53350

                      • S2 - 52200

 
For 2 days free Mcx Tips Visit our site www.capitalheight.com

Gold Silver Trends Today

Money CapitalHeight Research Pvt Ltd is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Mcx Tips as well as Commodity Tips. 

GOLD: 

Trend updated for-Mar/09/2013.CMP-29335 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 Crudeoil is now trading in oversold level. The oscillator is showing SELL signal For short term Gold is in HOLD SHORT position.Positionally Immediate support for Gold is 28995.Resistance for the Gold is 29749-29761-30075-30373-30615-30901-

SILVER:

Trend updated for-Mar/09/2013.CMP-54854 Overall trend of the Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in HOLD LONG position.Positionally Support for the Silver is 54004-53852-.Resistance for the Silver is 55433-57196-57971-59033-

For 2 Days Free Mcx Tips, please visit our site at http://www.capitalheight.com  or please call our 24/7 Customer Care Support us at  +91 9993066624,  0731 – 4295 – 950    Or email us at:  contact@capitalheight.com

Gold and Silver

Commodity trends of major commodities are updated daily for Intraday,Short term,Medium term and Long term.Investor/trader by Money CapitalHeight Research Pvt. Ltd. we provide Daily Mcx Tips for those who trade MCX market.

• Silver futures for May delivery rose less than 0.1 percent
• Gold futures for April delivery advanced 20 cents
• Copper futures for delivery in May climbed 0.8 percent
• Nickel, aluminum, tin, lead and zinc also rose in London.
• Natural gas futures climbed to a 13-week high

Gold futures rose as the European Central Bank left interest rates unchanged, driving the euro higher against the dollar and boosting the appeal of the precious metal as an alternative investment. Silver futures for May delivery rose less than 0.1 percent to $28.808 an ounce on the Comex. The price gained for the fifth straight session, the longest rally since Jan. 23.

Technical View: 

GOLD(APR)

Trend            • Consolidate

Strategy           • Sell on high

Resistance      • R2 - 29950

                          • R1 - 29680

support            • S1 - 29280

                          • S2 - 28850

SILVER(MAY)

Trend          • Consolidate

Strategy      • Sell on high

Resistance  • R2 -57750

                      • R1 -55870

support        • S1 - 53350

                      • S2 - 52200

 For 2 days free Mcx Tips Visit our site www.capitalheight.com

Mcx Stock Excange News Today

NYSE Euronext  has launched the sale of its 4.8 percent stake in the Multi-Commodity Exchange of India (MCX), the country's biggest commodity bourse, in a deal that could raise up to $46 million, a source with direct knowledge said.

The transatlantic exchange operator is selling 2.44 million MCX shares in a range between 1,005 rupees and 1,026 rupees a share, said the source who requested anonymity as he was not authorised to speak to the media.

The price range represent a discount of 3-5 percent from MCX's Wednesday close price of 1,058 rupees.

At the top end of the price range, NYSE Euronext will raise about $46 million. The deal will be executed in the stock market on Thursday morning.

Citigroup is the sole banker on the deal, said the source.

NYSE Euronext said last month it would shed its stake in Mumbai-based MCX, after its focus on cutting costs amid a lacklustre trading environment helped it beat profit expectations for the fourth quarter.

For  more News and updates about Mcx market  and 2 days free Mcx Tips Visit our site www.capitalheight.com