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Technical Views - Commodities 2nd Sep 2011
MCX GOLD1
TREND : Gold is stuck in a very tight range of 27040 - 27400. No analysis or strategy works in this thin range. We advise our clients to stay out and trade the breakout only
TREND : Gold is stuck in a very tight range of 27040 - 27400. No analysis or strategy works in this thin range. We advise our clients to stay out and trade the breakout only
Support and Resistance - 27040 / 27400
SIGNAL : Use signals only outside the above range. avoid trading
MCX SILVER1
TREND : A move of 1000 points in Silver is about to come. The breach of the range of 61640 and 62550 will decide the direction. Do not trade inside the range
SIGNAL : Use signals only outside the above range. avoid trading
MCX SILVER1
TREND : A move of 1000 points in Silver is about to come. The breach of the range of 61640 and 62550 will decide the direction. Do not trade inside the range
Support and Resistance - 61640 - 62550
SIGNAL : avoid signals
MCX Crude1
TREND : A down move is expected in the crude which can take Crude to 4000 levels.
Support and Resistance - 4055 / 4105
SIGNAL : Use Sell Signals of TDI BS
TREND : A down move is expected in the crude which can take Crude to 4000 levels.
Support and Resistance - 4055 / 4105
SIGNAL : Use Sell Signals of TDI BS
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