Saturday, March 10, 2012

MCX Gold and Silver Trend and Commodity Tips For Monday: 12th Mar '12

Gold mcx, silver mcx tips, mcx gold tips today, mcx Silver today, ncdex, mcx tips today, mcx silver tips, free commodity tips, mcx commodity trend, mcx base metal tips


Gold in the domestic market - concern is dull silver. Gold and silver in the international market is improving. Greece to approve a bailout from the international market, gold is up. Despite weakness in the rupee against the dollar on MCX Gold remains sluggish. The latest inflation figures as well as in China are very good. Lower levels of inflation in China has slipped 20 months. Investor confidence resulting gold - silver is showing returns. MCX gold is trading at Rs 27984 with idling. At the MCX, silver has been grossly Rs 59123.

Initial slowdown in the domestic market in gold is intact, although there is still gold to Rs 28,000. Now with the initially ended at Rs 58 866 in the silver business is slow. Comaks on the bed - it has seen a slowdown in silver.

Here are Intraday Strategies for Traders-

Commodity
Strategy
Levels
Target 1
Target 2
Stop-Loss
Trend*
MCX Gold (Apr)
Buy
above 28060
28130
28300
27960
Sideways
MCX Silver (May)
Buy
Above 59070
59400
59840
58600
Sideways
MCX Crude (Mar)
Buy
Above 5345
5400
5440
5310
Sideways
MCX Copper (Apr)
Buy
424-426
430
435
420
Sideways
 
 

Copyright © MCX NCDEX Commodity Tips Design by O Pregador | Blogger Theme by Blogger Template de luxo | Powered by Blogger