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Friday, April 15, 2011

MCX Silver Tips

MCX Silver Buy Above 62641 Stoploss 62514 Target 62841

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MCX Bullion tips 

MCX Gold and Silver Call Today


Gold (June ): Buy - 21450-21460, Stoploss - 21 395 Target - 21760
Silver (May ): Buy - 61420-61520, Stoploss - 61200 Target - 62000-62500

After touching record high in early trade on MCX is seen selling pressure in gold. While the initial fast silver is down. However, in the spot market gold and silver are trading at record levels.
Commodity silver today on tops. Sense of silver on MCX at Rs 62,500 per kg has been crossed. Rs 50 bonus on MSP as well as expected in the NCDEX wheat is trading at around 1 per cent growth. 
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MCX NEWS HIGHLIGHT | Support and Resistance for Today

  •  GOLD EXTENDS GAINS ON WEAKER DOLLAR; ETF HOLDINGS SLIP.
  • CRUDE TRADES LOW AS GAINS ON GASOLINE SUPPLIES FADE.
  •  Gold rose 1 percent and silver surged on Thursday.

    Copper softer on China inflation worries, Copper warehouse inventories rise

    U.S. weekly initial jobless claims rise unexpectedly.

     U.S. crude oil futures rose on Thursday.

    U.S. crude oil futures rose on Thursday after a Sunoco refinery fire in Philadelphia added to concerns about U.S. gasoline supplies. Gold rose 1 percent and silver surged on Thursday, as a combination of dollar weakness. Silver jumped 1.5 percent toward 31-year highs on strong investment buying. Copper fell to its lowest in more than a week on Thursday, as reports of quickening inflation in top consumer China pointed to more monetary tightening.
     MCX Free Intraday Tips on Mobile  
  • COPPER FALLS IN LONDON TRADE AFTER CHINA REPORT.
 
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