Thursday 16 February 2012

MCX Tips For Today 16 Feb 2012

GOLD (April) "mcx gold tips today"
The overall trend is sideways and in the Last week it was made a high 29611 and low 27918 and finally managed to close above 29754. In this week consider support 28150-28110-27970, higher level crucial resistance 29500-28750 range and crossover will move further towards 29100.
For Today
Buy and Buy
Resistance nearly 29300-28360
Downside support at 29100-27870 to watch out.

SILVER (March)
Resistance at higher-level 57900-58470 and support at 57100-55600. High-risk traders can buy with tight stop-loss.
Today
Buy and Buy...
Support 57100-56310
And sell on rally

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