Market Update

Market Watch

Friday 30 November 2012

Mcx Gold and Copper Trends for 30 Nov. 2012



GOLD:
Trend updated 30/Nov/2012.CMP-31579 The Gold is in long- medium- term bull phase .Currently Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing SELL signal For short term Gold is in HOLD LONG position and Gold closed below 1 week low with volume signals down breakout.Positionally Support for the Gold is 31323-31230-31056-.Resistance for the Gold is 31708-31988-32098-

COPPER:
Trend updated 30/Nov/2012.CMP-433 The Copper is in long- medium- short-medium- short- term bull phase .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Copper Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 428-426-425-422-.Resistance for the Copper is 436.

Today's call
CH STOCK CASH PLUS CALLS 30-11-2012
SELL UNITED SPIRIT (LCP -2040) BELOW 2035 TG-2020-2000
BUY STERLITE INDUSTRIES (LCP-105.65) ABOVE 106 TG-107.5-110
CH STOCK CASH PLUS CALLS 30-11-2012
BUY DE NORA INDIA (LCP-257.2) ABOVE 258 TG 262-267
SELL ADITYA BIRLA NUVO (LCP -1070) BELOW 1065 TG-1055-1040

For More Free Mcx Tips, Stock Cash Tips, Stock Future Tips, Commodity Tips visit: www.capitalheight.com or call at 0731-4295950






No comments:

Post a Comment