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Wednesday, March 16, 2011

MCX Bullion Call and Market Analysis for today | MCX Gold and Silver intaraday Free tips

Call For Today and tomorrow
 Sell Silver Blow at 52200 Stoploss- 52400 Target- 51800 51500
Sell Gold Blow at 20600 Stoploss- 20800 Target- 20500 20300

Japan's decline has had the effect on silver prices. Silver in the spot market has come down to Rs 53,000.

Only two days in the business of silver prices has come down to around Rs 1,800. Foreign markets due to the decline in silver futures are now down. MCX May futures by Rs 52,000 than put down the dive.

After the tsunami disaster occurred in Japan due to the silver in the international market this week has broken about 4 per cent. Taking place in the world consumption of silver in Japan's share is about 9 per cent.

After last week's sharp fall today, all base Metals are traded on the edge. On MCX, Copper Metal, including nearly 1 percent of all base is increasingly being seen. London Metal Exchange on domestic business has had the effect of the boom.

Today after yesterday's sharp drop in gold and silver business is slow. 5 per cent this week on MCX silver and gold has witnessed a decline of around 3 per cent.

MCX Support and resistance for today 16 march 2011 | MCX Market technical analysis Hot Tips/Call

Commodities decline across the board of Commodities.
Gold slides as Japan crisis blast markets .
Oil falls due to Japan worry .
Copper go under to 3-month low .
Silver recovers after sharp fall on today.
Gold prices fell more than 2 percent on Tuesday, but were well off their lows, as rising fears over Japan's nuclear crisis hit global financial markets, prompting a flight to liquid assets like cash.
Oil prices fell on Tuesday as Japan's nuclear crisis following last
week's earthquake sparked risk aversion, while unrest in Bahrain and Libya helped pull prices off lows. Copper fell to a three-month low on Tuesday, after a mounting emergency at a quake-stricken nuclear plant in Japan sparked a slide across financial markets.
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