Market Update

Market Watch

Friday 15 February 2013

Mcx Gold Silver Live Price


Money CapitalHeight Research Pvt/Ltd. is a Financial advisory company  provides Mcx Tips as well as equity Tips.
 
GOLD:
Trend updated for-Feb/15/2013.CMP-30463 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend with good momentum but volume is unsatisfactory 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 BUY signal For short term The current position is BUY and Gold closed below 1 week low with volume signals down breakout.Positionally Support for the Gold is 30314-.Resistance for the Gold is 30630-30746-30805-31094-31150-

SILVER:
Trend updated for-Feb/15/2013.CMP-56630 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Silver Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Silver is 56324.Resistance for the Silver is 58126-58277-58701-58742-59962-59975-

Mcx Tips  Today:
CH UPDATE: SELL SILVER MAR BELOW 57115 TG1-57050 TG2-56960 TG3-56815 STOPLOSS-57373
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