Technical Views - Commodities 4th Jan 2012
MCX GOLD1
TREND : For today, though both sides trades can be taken, but Buy signals will be more profitable.
Support and Resistance - 27000 / 27850
SIGNAL : Use buy and sell signals of TDI BS
MCX SILVER1
TREND : 54220 is the next resistance for Silver, till then we can trade the buy signals
Support and Resistance - 51980 - 53500
SIGNAL : Use buy and sell signals of TDI BS
MCX GOLD1
TREND : For today, though both sides trades can be taken, but Buy signals will be more profitable.
Support and Resistance - 27000 / 27850
SIGNAL : Use buy and sell signals of TDI BS
MCX SILVER1
TREND : 54220 is the next resistance for Silver, till then we can trade the buy signals
Support and Resistance - 51980 - 53500
SIGNAL : Use buy and sell signals of TDI BS
MCX Crude1
TREND : Now the rise is suspicious and we will take only small positions on the buy signals and double positions on the sell signals with a provision to add more to sell position as it goes in our favor.
Support and Resistance - 5385 / 5465
SIGNAL : Double positions on sell signals and small positions on buy signals
TREND : Now the rise is suspicious and we will take only small positions on the buy signals and double positions on the sell signals with a provision to add more to sell position as it goes in our favor.
Support and Resistance - 5385 / 5465
SIGNAL : Double positions on sell signals and small positions on buy signals
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