MCX Commodity Tips|Market Trend Today 10 August ~ Intraday Share Market Trading-Stock Tips,NSE BSE Tips,Nifty Calls,MCX Commodity Trend

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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."

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Wednesday, August 10, 2011

MCX Commodity Tips|Market Trend Today 10 August

Commodity Market News Updates Trend Levels (Gold, Silver, Crude, Copper, Natural Gas) (Wednesday 10 August):

The Multi Commodity Exchange (MCX), COMDEX started on a positive region after a fall of 0.73% yesterday. It was trading higher by 16.91 points at 3,376.57 in the morning session after opening at 3,362.48.

MCXMETAL traded upward by 24.53 points at 4,715.28 after opening at 4,698.08.

GOLD (October): Buy on Dips Trend- Bullish

Res2 -26400 Res1- 26100 Sup1- 25550 Sup2-25250

SILVER (September): Buy on Dips Trend- Consolidate

Res2- 60500 Res1-58900 Sup1-56300 Sup2-55100

CRUDE OIL (August): Sell on Higher Levels Trend -Bearish

Res2 -3800 Res1- 3730 Sup1-3600 Sup2- 3540

NATURAL GAS (August): Sell on Higher Levels Trend- Bearish

Res2 -191 Res1- 186 Sup1- 174 Sup2- 168

COPPER (August): Sell on Higher Levels Trend -Bearish

Res2 -408 Res1- 402 Sup1-394 Sup2- 389

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Wednesday, August 10, 2011

MCX Commodity Tips|Market Trend Today 10 August

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