MCX Commodity Tips Trend (Gold,Silver,Crude Oil,Copper)Today 8 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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Monday, August 8, 2011

MCX Commodity Tips Trend (Gold,Silver,Crude Oil,Copper)Today 8 August

Commodity Market News Updates & Trend (Monday 8 August):

The Multi Commodity Exchange (MCX), COMDEX started on a positive note after a fall of 0.37% on last trading day ie Saturday. It is currently trading higher by 16.29 points at 3,400.60 after opening at 3,389.57 in the morning session.

MCXMETAL is trading upward by 81.45 pointsat 4,719.39 after opening at 4,651.61.

GOLD (October): Buy on Dips Trend- Bullish

Res2 - 25100 Res1-24900 Sup1- 24550 Sup2-24200

SILVER (September): Buy on Dips Trend- Consolidate

Res2- 62400 Res1-60850 Sup1- 56200 Sup2-54980

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

Res2 -4060 Res1- 3940 Sup1-3790 Sup2- 3710

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

Res2 -412 Res1-405 Sup1-391 Sup2-384

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Monday, August 8, 2011

MCX Commodity Tips Trend (Gold,Silver,Crude Oil,Copper)Today 8 August

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