Commodity type: Gold
Transaction: Buy
Target: T1-28100 T2-28150
Stop/Loss: 27950
Commodity type: silver
Transaction: Buy
Target: T1-60200 T2-60500
Stop/Loss: 59500
Commodity type: Crude
Transaction: Buy
Target: T1-435 T2-437
Stop/Loss: Abv 429.50
Printable View
Commodity type: Gold
Transaction: Buy
Target: T1-28100 T2-28150
Stop/Loss: 27950
Commodity type: silver
Transaction: Buy
Target: T1-60200 T2-60500
Stop/Loss: 59500
Commodity type: Crude
Transaction: Buy
Target: T1-435 T2-437
Stop/Loss: Abv 429.50
what is current status of the silver market tell me accurate silver resistance and support for mcx indian market for the month may 2012
Nice trend and may be good accuracy level. For all people who is going to be interested in the gold investment.
Gold, silver and crude are one of the top choice for investment in commodity market. Get free intraday commodity tips and invest for getting maximum return from this commodity.
Thanks for sharing this information. It might be helpful to buy or sell the product. I want to know Can I invest on gold now coz it going down in the market?
Gold : Sideways
s1- 26240
s2- 26050
r1- 26540
r2- 26720
silver: Sideways
s1- 43300
s2- 42900
r1- 44000
r2- 44400
MCX TIPS INDIA as the trades of a day trader are closed on the same day, margin requirement of such trader are lower, hence day traders have a great leverage can increase your profits if used wisely. It is therefore possible for a trader to maintain a relatively small cash balance in his or her account say Rs. 20,000 and do day trading transactions worth 1,00,000 to 1,25,000.
Copper: Up
s1- 400
s2- 396
r1- 407
r2- 410
crude oil: Up
s1- 5160
s2- 5120
r1- 5240
r2- 5290
Gold support and resistance
S1: 27650, S2: 27580
R1: 28000, R2: 28150
White metal for future delivery expected to be bearish with high volatile trend, on intraday trading for July delivery it touch a low of 43663, today it open at 43860 against its last close at 43834.
Silver support and resistance
S1: 43320, S2:43100
R1: 43950, R2: 44150
MCX Gold aug expiry future last closed at 26845 with loss of 1166 rupees. In intraday mcx gold future made high near 28k while low was near 26800 and closed near it. Total 1200 rupee intraday wide range and fed decision triggered profit booking from investors. Here comex gold has support at 1220 only means again 5% downside from 1290 so here on domestic side also expect previous lows as target or even below target near 23k on margin calls and panic selling’s. For tomorrow below 26900 expect bearish move upto 26500 and then 26100 on downside. Rupee effect also subside on panic selling’s.
MCX SILVER September contract was trading at Rs 41563 down Rs 211, or 0.51 percent. The SILVER rate touched an intraday high of Rs 41893 and an intraday low of Rs 41450. So far 763 contracts have been traded. SILVER prices have moved down Rs 15756, or 27.49 percent in the September series so far.
Gold, silver comes under precious metals and are highly price volatile commodities. Using precise levels of stop loss is required to trade safely in them. Having a good knowledge about all recent updates on commodities helps in framing a wise trading strategy .