Wednesday, 10 September 2014

week rupee support mcx gold silver, nickel,crude oil heavy down fall

MCX commodity market up trend for bullion metal , gold prices reach above 27400 while mcx silver traded above 42250, but crude oil and nickel heavy down fall tips last day , nickel was slip 1190 to 1145 while crude oil fail 5690 to 5645

mcx gold trend and tips:
now gold was supported by rupee so uptrendat 27450/27560 while down side support at 27050,27140
trader can buy above 27350 target 27450/27490 stoploss 27290
Silver trend and call:
mcx silver positive trend resistance at 42340, 42400,42530 while support level at 42150 then 42065
intraday trader can buy at 42250 target 42400/42580 stoploss42050


  1. The market saw some profit booking and consolidation after hitting record highs on Monday and at last index lost 207.91 points or 0.76 percent to 27057.41.
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