Wednesday, February 22, 2012

MCX Commodity Update

Today MCX Commodity Update in India

GOLD (April)
Overall trend is sideways. But any abatement to buy opportunity, past week it fabricated a top of 28271, a below of 27958, and managed to manage above 28050 advertence mini trading range. Any dip to opportunity considering resistance 28410.

Today:
Trading range.28050 to 28220, Just analysis from the beneath of 28138 and aloft of 28436, Abutting over 28410

SILVER (March)
Looks acceptable and abatement to buy opportunity, afterwards authoritative a top of 57000 and above, was clumsy to sustain and fabricated a low of 55551 and abutting aloft 56110. As continued as holds the 55000-level, trend is absolute and affairs opportunity. Higher-level aloft advance aloft 57500 if crossover with volume

Today:
Consider abutment 56850-56550 & attrition 57500

NATURAL GAS (FEB)
Unable to breach 116 level and started some advancement movements, Last anniversary it fabricated a top of 136 and end at 135 Concise trends is absolute and acceptable to analysis 144 additional short-term. Buy on abatement action as long as holds 110-116 range

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