Silver and Gold Trends 06 Dec. 2012

GOLD:

Trend updated for-Dec/06/2012.CMP-62324 The Silver is in long- medium- short-medium- term bull phase .Currently Silver is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in SELL position.Positionally Support for the Silver is 61420-61361-60548-60169-.Resistance for the Silver is 62650-

SILVER:

Trend updated for-Dec/06/2012.CMP-31199 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. 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 SELL position.Positionally Immediate support for Gold is 30821.Resistance for the Gold is 31370-31486-31548-31717-31771-31813-

Today's call 

CH STOCK CASH PLUS CALLS 06-12-2012 

BUY MAHARASHTRA SCOOTERS (LCP-465.7) ABOVE 473 TG-480-487

BUY UNITED SPIRIT(LCP-2019 ABOVE 2025 TG-2035-2048

CH STOCK CASH PLUS CALLS 06-12-2012

BUY MRF (LCP-11641.6) ABOVE 11670 TG-11710-11760
BUY TREE HOUSE (LCP-257.7) ABOVE 260 TG-264-270

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