MCX Silver Trading Strategy and Tips | Bullion Technical Levels

MCX silver upper trade, resistance at Rs.57270-57710:
MCX silver under pressure, trade between Rs.55750-56470:
MCX silver surges, trade between Rs.55100-56000:
India silver edges higher, resistance at Rs.56790- 57090 :
MCX silver drops, trade between Rs.54400-53800:
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Bullion Commodity Live Updates and Tips For Today | Gold silver price

Today Bullion Market increase rapidly at initial on MCX Gold up about 1 percent and Silver trading about 2.3 percent. Gold reached at 26600 rupee per 10 grams and Silver touch the level of 53500.
However on MCX Crude oil also doing upper side trading  around at 4,150 per barrel. In Base metals MCX Copper 1 percent up at 364.50.
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Global Commodity News and Analysis For Today | Impact On MCX Market

Global News  Today oil Price rose  after meeting of investors in Berlin. In this meet the European Central Bank renewed offers to aid ailing regional banks, a move that drew a mixed reaction from investors.
After coming of meet news European stock markets traded upper side, but Wall Street initially fell, as investors parsed the ECB's efforts to contain a sovereign debt crisis that has threatened to send recovering economies back into recession.
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MCX Gold and Silver, Crude Oil Technical Report for today 30 Aug 2011

On MCX Silver Prices Yesterday decline more than 2400 closed at around 61100 MCX Silver did marked lots of benchmark and after all it will come down continuously. Don't make any Buy position in this way you can play short in Intraday. Currently Silver has perfect upper trend .

MCX Gold prices decline today more than 900 it closed around 26700 Gold has perfect upper trend but technical report says that it will decline more from this levels so pleas don't move to Buy.

Commodity Tips - Gold and Silver market Analysis, news Live and Call For Today 18 July

Today MCX gold Made New High it Is Trading above 23000 per 10 grams.i expect gold is going for 24000 per 10gram in few months. Gold has maked high due toglobal prices and also domestic market. MCX Gold Tips For Today Is Buy on dips and used proper support and resistance and stoploss when you trade.
MCX Gold and Silver Technical Reports 
MCX Silver is seem in upper trend perfectly it is trading for making new high of last months .currently silver trading is strong bullish trend. The oscillator is showing BUY signal For short term The current position is BUY.

On MCX Basemetals is trading in bullish trend on moday Besemetals trading in profit.  Today Alluminium July future traded at rs. 110.80 per kg.

MCX on Monday Crude oil tracking slight losses at the NYMEX counter. Concern of European debt.
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MCX Precioumetals Call | MCX Market News | Basemetals Calls daily

Please  Commodity Calls Coming Soon Please For Chart and Technical Analysis repot
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Market News For Today 
Both the precious metals, silver and gold, fell further Monday on reduced offtake by stockists and jewellers on sluggish demand at prevailing high levels amid a weak global trend.
 While silver fell by Rs 650 to Rs 54,050 per kg, gold shed Rs 40 to Rs 22,645 per 10 grams.
 Silver had lost Rs 1,500 during the previous trading session, while gold declined by Rs 75 on Saturday.
Silver coins followed suit and tumbled by Rs 1,000 to Rs 60,000 for buying and Rs 61,000 for selling of 100 pieces.
 Trading sentiments weakened as gold declined in London after some investors sold the metal to cover losses in other commodity markets and equities.
Gold in global markets, which normally sets a price trend on the domestic front, fell by USD 6.80 to USD 1,524.85 an ounce and silver shed 1.9 per cent to USD 35.48 an ounce.
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Precious Metals Call Intraday | MCX Technical Market Highlights

MCX Precious Metals Calls Intraday

Silver Buy Above 58280 Stoploss 58180 Target 58450 58550

Gold: Buy -22500, - Stoploss 22450 target -22590

After the initial fall in silver is to get up on.
Amid weak trend overseas, gold continued its yesterday''s slide to trade 0.24 per cent lower in futures trade today.

Also, stronger rupee against the US dollar put some pressure on the precious metal prices at futures trade here.Technical View Of Gold and Silver>>>> Click Here
At the Multi Commodity Exchange, gold for delivery in June declined by Rs 53, or 0.24 per cent to Rs 22,438 per 10 grams, with a business turnover of 1,398 lots. It had ended 0.13 per cent lower at Rs 22,491 per 10 gram in yesterday''s trade.
Likewise, the metal for August delivery lost Rs 36, or 0.16 per cent to Rs 22,708 per 10 grams, with a business volume of 1,156 lots.

Advantage of strong business in foreign markets is to find crude oil. Crude oil have gone up today, on MCX crude oil is trading at 2 per cent growth. NYMEX While the price of crude oil above 102 dollars reached.

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MCX Daily Newsletter 31 May 211 | MCX Technical Analysis Views

GOLD STEADY ON GREECE DEBT FEAR; SHANGHAI MARGIN WEIGHS.
OIL DROPS ON SPECULATION FUEL DEMAND FALTER AS U.S. ECONOMY WEAKENS.
SHANGHAI COPPER FALLS; GLOBAL ECONOMY WORRIES WEIGH.
MOST SPICES TRADE WEAK, TURMERIC FUTURES MOVES MODERATELY UPWARDS.MCX Silver and Gold Technical View Click Here

 The dollar hovered near a two-week low against a basket of currencies.
Gold steady on Greece debt fear.
Brent crude oil fell below $115 a barrel on Monday.
Silver rose as much as 1.3 percent to $38.36.

Gold held steady on Monday, buoyed by the ongoing debt crisis in the euro zone, whilesilver trimmed gains as a hike in margins by the Shanghai Gold Exchange kept sentiment in check. Shanghai copper fell on Monday on technicals, European debt problems and uncertainty about the monetary policies of the United States and China, on track for a 1 percent loss in May.
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MCX Commodities Highlights Today | MCX Weekly Analysis

Increased concern over the economic situation of European countries, prices of gold and silver came in the fast Ratings agency Fitch lowered the rating of Greece.
Gold reached higher level week on Friday. On COMEX the gold closed AT$ 1509. Silver was also 0.5 per cent faster. Silver closed at $ 35.
On Friday, crude oil prices had been strong. However, the dollar showed the pressure on crude oil . MCX Silver will Reach again 60000 Read More
NYMEX 0.3 percent climb over $ 99 a barrel crud,.
China gold demand and investment to India has left behind. This year in China from January to March between the gold bars and coins is increasingly in demand. China during the 93 tons of gold bars and coins have shopped more. Which has doubled since last year.
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MCX Newsletter for 16 may 2011

Copper finished firm on Friday, Stocks in LME warehouses rose 800 tonnes
Oil rose on Friday in late short-covering, ending the week higher after a volatile session whipsawed by European economic concerns and news Libyan leader Libyan leader Muammar Gaddafi may have been wounded. Gold fell on Friday, sharply reversing early gains, as a dollar surge against the euro and renewed uncertainty about euro zone debt prompted investors to sell ahead of the weekend. Copper finished firm on Friday, reacting to upbeat data from the United States and Europe that helped restore some market confidence and economic recovery optimism.
Oil rises in late short covering.
Silver finishes week down 1.5 pct
Gold ends week flat, dollar rally triggers selling

Silver Trend,Crude Oil Tren for tommorow | budget effect on MCX Bullion and Trading Tips

Silver Trend

Silver prices likely to face resistance at $32.5/troy ounce and $33.8/troy ounce level i.e. at Rs. 49,767/kg and Rs.50,313/kg level in MCX March contract. While on lower side prices can take support at $32.5/troy ounce and $31.6/troy ounce level i.e. at Rs.49,767/kg and Rs.49,433/kg.

Crude Oil Trend

Crude oil Apr futures on NYMEX rose by 0.62% to $97.88/barrel from $97.28/barrel amid unrest spreading to Oman, Lebanon and Saudi Arabia. Even though on Friday NYMEX boosted the margin requirement on oil futures for the first time since March 2009 as crude traded above $100 a barrel to $6,075 per contract from $5,063 failed to pressurize the crude oil prices. The latest change on ICE also showed a boost in the Brent margin to $5,200 from $4,850 per contract along with the news in the market that Saudi Arabia has boosted the oil supplies by 9 million barrels per day were kept aside. What weighed on the bearish news were the unrest which continued in Libya and Bahrain along with the unrest which started yesterday in Saudi Arabia, OPEC’s largest oil producer.

MCX Bullion Tips For Next Week, Market News for MCX, Live market Trends, BULLION Silver TIPS

BUY SILVER i expect TARGET 50350 NO S.L (21-02-2011 Evening Round up)

 1. Buy Call (Precious Metals)

2. MCX Precious Metals are expected to rise.
3. MCX GOLD likely to move higher Gold trade up.

4. MCX Silver price Will Reach Till 51,000 Soon this month.
 MCX Silver News || Market Prediction 
Earn huge money from MCX Bullion.
MCX Silver price Will Reach Till 51,000 Soon this month.

1. Now Mixed trends in Base metals.
2. MCX Precious Metals are expected to rise.
3. MCX LEAD price are expected to low.
4. MCX GOLD likely to move higher Gold trade up.
 Market News for MCX, Live market Trends, BULLION TIPS For Future

 Bullion : Gold prices have gained almost 1 percent in the last week as geo political concerns in Egypt coupled with worries over inflation supported demand for the yellow metal. Sharp gains in gold were capped on account of dollar strength. Worries in Egypt have intensified as President Hosni Mubarak has refused to step down on an immediate basis. This has raised concern that the worries could have spillover effects in the neighboring countries. On the back of this, we expect gold prices to continue to witness upside. Gold prices gained sharply in the mid of last week, as rise in interest rates by China for the second time in just over six weeks benefited gold’s status as an inflation hedge. But prices managed to rise despite fading safe-haven demand which is indicative from rising US equities and improving US economic data. This is because inflation worries overshadowed the improvement in economic scenario especially after rise in interest rates in China. Holdings in the world’s largest gold backed fund the SPDR Gold Trust continued its downtrend as it fell to 1225.526 tonnes by 10th February, marking their lowest since late January. For this week, Bullion prices will come under pressure on easing concerns in Egypt. Spot gold has a strong support at $1343/$1330 levels and resistance at $1380/$1392 levels. MCX April Gold has a strong support at 20,100/19,900 levels and resistance at 20,640/20,730 levels.

Base Metal : The base metals pack has declined sharply in the last week, lead and zinc fell by 3.4 percent and 3.2 percent on the LME respectively. Dollar strength, geopolitical concerns in Egypt and worries over monetary policy tightening in China put downside pressure. Aluminum production in the US rose 1.3 percent in January as compared to the prior month. Actual production for January 2011 totaled to 151,590 tonnes which is up from 141,688 tonnes in January 2010 and was higher than 149,621 tonnes output in December. Average daily production of aluminium increased to 4,890 tonnes in January as against 4,826 tonnes in December. For this week, base metal prices will get some relief on latest developments in Egypt. Weakness in the dollar on the back of easing concerns in Egypt will also support a rise in metals. MCX February Copper shall find a strong support at 448/442 levels and resistance at 465/ 472 levels for this week.

Commodity	Rs.	Unit
Gold	2059	10 grams
Silver	47263	kg
Crude Oil	3903	barrel
Natural Gas	175.6	mmbtu
Aluminium	113.8	kg
Copper	448.15	kg
Nickel	1299.8	kg
Lead	118.2	kg
Zinc	113.3	kg