Technical Views - Commodities 14th June 2011
MCX GOLD1
TREND : 100 points on gold, If you could not make them please blame yourself. For today 22325 will act as support and 22475 as resistance. On break of 22325 we can touch 22150
SIGNAL : Use Sell Signals of TDI BS.
MCX SILVER1
TREND : 52210 last hope for bulls, below that we will touch 50900. The consolidation has broken down and there will be some more momentum. On the contrary we can go long only and only if silver trades above 53175.
SIGNAL: Use both Buy and Sell signals.
MCX Crude1
TREND : We are heading towards 4300 but a bounce back till 4400 cannot be ruled out. 4350 - 4400 are the levels for today.
SIGNAL: Use both Buy and Sell signals.
MCX GOLD1
TREND : 100 points on gold, If you could not make them please blame yourself. For today 22325 will act as support and 22475 as resistance. On break of 22325 we can touch 22150
SIGNAL : Use Sell Signals of TDI BS.
MCX SILVER1
TREND : 52210 last hope for bulls, below that we will touch 50900. The consolidation has broken down and there will be some more momentum. On the contrary we can go long only and only if silver trades above 53175.
SIGNAL: Use both Buy and Sell signals.
MCX Crude1
TREND : We are heading towards 4300 but a bounce back till 4400 cannot be ruled out. 4350 - 4400 are the levels for today.
SIGNAL: Use both Buy and Sell signals.
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