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GOLD:

Trend updated for-Feb/11/2013.CMP-30815 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Gold 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 Gold is in HOLD LONG position.Positionally Support for the Gold is 30615-30423-30285-.Resistance for the Gold is 31152-31173-

SILVER:

Trend updated for-Feb/11/2013.CMP-58246 Overall trend of the Silver is bearish for medium-long term .Currently Silver is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Silver if it close above60214 or buy with strict stop at 57242. The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.Positionally Immediate support for Silver is 57242.Resistance for the Silver is 58581-58648-58952-59063-60095-60160

Mcx Tips Today

CH CALL: SELL CRUDE OIL FEB BELOW 5165 TG1-5152 TG2-5132 TG3-5100 STOPLOSS-5211

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