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Wed 11th Jul 2012, 09:50
#286
Senior Member
Market Overview by FXCC July 11 2012
China the main focus, with thin eco data as the EUR remains under pressure
Wall Street shares traded with a negative bias as they reviewed Chinese international trade data that implied that the Chinese economy is slowing. Energy prices fell, with WTI crude for delivery in August closing just under USD 84 per barrel and the August natural gas was trading at USD 2.73. CAD while USDCAD closed above 1.02 while EURUSD also sold off, closing at 1.2250. Equities were lower, with the S&P 500 down by 0.75% after being down as much as 1.2%. The TSX closed down by a steeper 1% amidst the selloff in basic resources and oil and gas names. Bonds were fairly flat.
It was a thin day in terms of economic data, with Canadian housing starts the only event on the docket. Canadian housing starts came in quite strong at 222.7 (that’s a seasonally adjusted annualized rate – not the actual amount of housing starts). The skew was radically tilted towards ‘multis’, which accounted for the lion’s share of the housing starts and all of the growth. It should be a fairly quiet in terms of economic data releases. This is the week during which China releases its main economic indicators, and while there are no measures from the real side of the economy due to be released; there is a chance that the credit and money market metrics could come out
UPCOMING EVENTS :
2012-07-11 12:30 GMT | US - Trade Balance (May)
2012-07-11 14:00 GMT | US - Wholesale Inventories (May)
2012-07-11 17:00 GMT | US - 10-Year Note Auction
2012-07-11 18:00 GMT | US - FOMC Minutes
FOREX NEWS :
2012-07-11 04:19 GMT | EUR/USD choppiness ahead of FOMC minutes
2012-07-11 03:49 GMT | Market smells disappointment from the BOJ - Nomura
2012-07-11 03:21 GMT | AUD/USD oscilates ahead of Aus jobs data
2012-07-11 02:22 GMT | EUR/GBP dips to fresh 3-1/2 year low under 0.7900
EURUSD : 1.22651 / 1.22652
DAILY WEEKLY MONTHLY

1.2412 | 1.2373 | 1.2314
1.2216 | 1.2177 | 1.2118
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Overbought
MARKET ANALYSIS - Intraday Analysis
Technicals remain bearish with RSI at 32 indicates that decline has not yet reached oversold levels. The EUR continues to consolidated just above the recent lows and it seems it is preparing for the next leg lower and should bring us close to 1.2145. That bearish outlook is valid as long as the prices stay below the important 1.2345 Fibonacci level. Supports are seen at 1.2230, 1.2190 and then at 1.2151. Whereas resistance levels are seen at 1.2365, 1.2401 and then at the 10-DMA line at 1.2456.
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GBPUSD : 1.55359 / 1.55369
DAILY WEEKLY MONTHLY

1.5621 | 1.5585 | 1.5550
1.5479 | 1.5443 | 1.5408
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals continue to read bearish - consolidation seen around 1.5500, with limited range. The outlook remains bearish and expects weakness near 1.5260 Fibo level. On the upside, a break above 1.5550 will negate this view and will suggest larger recovery near 1.5620Supports are seen at 1.5470 and then at 1.5448. Whereas, resistance levels are seen at 1.5551 and then at the 10-DMA line at 1.5580, followed by the 21-DMA line at 1.5601.
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USDJPY : 79.363 / 79.369
DAILY WEEKLY MONTHLY

79.915 | 79.745 | 79.550
79.190 | 79.020 | 78.825
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Overbought
MARKET ANALYSIS - Intraday Analysis
Technicals are reading bearish as the uptrend appears to have stalled, look to support at 200 day MA 78.99. At present the pressure is on the downside though and there is a greater risk for a downside break. But until such a break is seen, it is more reasonable to assume that the current consolidation will remain intact. Although some kind of a recovery can be expected in the short term. Supports are seen at 79.22 and then at 78.97. Whereas, resistance levels are seen at 79.62 and then at 79.78.
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Thu 12th Jul 2012, 08:32
#287
Junior Member
market news
The cost of lithium-ion batteries used in electrified vehicles could tumble by more than 70 per cent by 2025 as rising oil prices and stringent fuel economy standards push automakers to build more of these cars, according to a McKinsey & Co study released on Wednesday.
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Thu 12th Jul 2012, 08:34
#288
Junior Member
Market news
The power ministry has decided to allow power project developers to pass on the entire fuel cost to consumers, marking a change in the current tariff-based bidding system. the government has also decided to allow developers to tide over coal shortage through imports and spot market purchases and sell the costlier power in the open market.
Reliance Industries on Wednesday held the first leg of a road-show in Singapore to raise USD 1.5-billion foreign loans to fund the expansion of its petrochemicals facility at Jamnagar.
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Thu 12th Jul 2012, 10:48
#289
Senior Member
Market Overview by FXCC July 12 2012
Not much in the FOMC Minutes … BoJ decision today
Markets sold off following the release of the minutes from the FOMC’s June 19-20 meeting (i.e. the meeting at which the Fed extended and increased its maturity extension program or ‘Operation Twist’). The S&P 500 closed flat at 1340, the NASDAQ was lower by 0.5%, and the TSX closed marginally higher. Government bonds were essentially flat and while EURUSD briefly traded below 1.22 it closed trading near 1.2243, close to where it started today’s European trading session.
Crude rebounded strongly today: Brent closed above USD 100 per barrel and WTI closed above USD 86 after data released by the Energy Information Administration showed that US crude stockpiles were drawn down by 4.7m barrels during the week ended July 6 (vs. expectations for a draw in the 1.5m barrels neighborhood).
UPCOMING EVENTS :
2012-07-12 08:00 GMT | EMU - ECB Monthly Report
2012-07-12 09:00 GMT | EMU - Industrial Production (May)
2012-07-12 12:30 GMT | US - Initial Jobless Claims (Jun)
2012-07-12 12:30 GMT | CAD - New Housing Price Index (May)
FOREX NEWS :
2012-07-12 04:33 GMT | GBP/USD consolidates around 1.5500
2012-07-12 04:29 GMT | EUR/USD quiet below 1.2250 amid a busy Asian session
2012-07-12 04:10 GMT | USD/JPY spikes after Y45t APP increase
2012-07-12 03:58 GMT | BoJ increases asset purchases 45 trillion yen
EURUSD : 1.22300 / 1.22304
DAILY WEEKLY MONTHLY

1.2372 | 1.2334 | 1.2289
1.2206 | 1.2168 | 1.2123
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals remain bearish - expecting to test further lows as indicators are not yet bearish enough but continuing to consolidating below the key 1.2330 resistance, which should limit intraday upside attempts. Expect a break of the support here then a move initially to the support at 1.2216. A break of that targets the .50% Fibo at 1.2176 and then at 1.2135. Supports are seen at 1.2230, 1.2190 and then at 1.2132 where as resistance levels are seen at 1.2334 and then at 1.2401. Stochastic has just moved to oversold, giving a hint of what we might expect today, although MACD and RSI are centered in sell territory
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GBPUSD : 1.54891 / 1.54900
DAILY WEEKLY MONTHLY

1.5654 | 1.5616 | 1.5563
1.5472 | 1.5434 | 1.5381
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals continue to be mixed moving quickly towards bearish with congestion seen at current levels and resistance expected at 1.5600. The pair surpassed the 1.5550 resistance, but could not sustain. Our outlook remains bearish. Supports are seen at 1.5461 and then at 1.5445 whereas, resistance levels are seen at the 10-DMA line at 1.5582 and then at the 21-DMA line at 1.5601.
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USDJPY : 79.488 / 79.491
DAILY WEEKLY MONTHLY

80.540 | 80.165 | 79.885
79.235 | 78.860 | 78.580
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals are bearish with a continued decline expected in the near term, given a breach of 50 day MA 79.52. The pair is gradually pushing to the downside, approaching the awaited support level at 79.10. In general the longer term overall bullish setup remains intact, and therefore the long term outlook remains bullish. Supports are seen at 79.08, 78.94 and then at 78.79 whereas, resistance levels are seen at 79.78 and then at 80.02.
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Thu 12th Jul 2012, 13:58
#290
Junior Member
Mcx crude oil tips, trend, updates 13 july 2012
live-mcx.blogspot MCX CRUDE OIL TIPS, NYMEX CRUDE OIL UPDATES, LME CRUDE UPDATES, NYMEX CRUDE OIL TIPS, CRUDE OIL TREND, CRUDE OIL NEWS,CRUDE OIL UPDATES, CRUDE OIL SUPPORT & RESISTANCE FOR TODAY 13 JULY 2012, FRIDAY.
London Metal Exchange (LME) Copper declined by 0.39% to $7525 a metric ton (mt) on Wednesday, as uncertainty the U.S. Federal Reserve would launch more stimulus measures soured market sentiment, with prices in tight ranges on caution before China's GDP data.All across risk assets, including oil, investors are seeing the global economic outlook as a glass half-empty.There is a lot of caution ahead of the Chinese data.
At India’s Multi Commodity Exchange (MCX), crude oil continues to mirror global trends.Support levels for MCX Crude July,4670, 4720, Resistance 4790, 4830, to trade sideways.
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Fri 13th Jul 2012, 12:41
#291
Junior Member
commodity news
India is expected to produce around 252 million tons of food grains for 2011-12 and has estimated to produce around 250 million tons for 2012-13.
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Fri 13th Jul 2012, 12:41
#292
Junior Member
commodity news
China’s Growth Slows to Three-Year Low of 7.6%, this is a three-year low, compares with an 8.1 percent gain in the previous period and the 7.7 percent
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Mon 16th Jul 2012, 09:03
#293
Senior Member
Market Overview by FXCC July 16 2012
US to face huge eco data risks this week
Asian markets will be exceptionally quiet next week. Only a pair of central bank minutes are due out - one from the RBA on Monday and the other from the BoJ on Tuesday — and will be parsed for clues regarding recent and future expected policy actions in the wake of stimulus measures provided by both central banks.
European markets will be relatively more subdued in terms of risk influences upon markets in comparison to developments in the US. Italy is expected to approve the ESM apparatus and fiscal pact. US markets will face enormous risk on each of the corporate earnings, policy, and economic fundamentals calendars next week. Data risk will kick off the week with retail sales expected to come in largely flat on Monday.
2012-07-16 09:00 GMT | EMU - Consumer Price Index (June)
2012-07-16 12:30 GMT | Canadian portfolio investment in foreign securities
2012-07-16 12:30 GMT | US - Retail Sales (Jun)
2012-07-16 14:00 GMT | US - Business Inventories (May)
2012-07-15 22:42 GMT | Market response to Bernanke could be savage - NAB
2012-07-15 22:22 GMT | AUD/USD quiet around 1.0250, eyes 0.618 Fibo resistance
2012-07-15 22:16 GMT | ECB views on bondholders losses makes a 'risk-off' turn
2012-07-15 22:02 GMT | China has 'relatively big' room to cut RRR - Xinhua
EURUSD : 1.22412 / 1.22417
DAILY WEEKLY MONTHLY

1.2293 : 1.2283 : 1.2265
1.2237 : 1.2227 : 1.2209
SUMMARY| Down
TREND| Down trend
MA10 | Bearish
MA20 | Bearish
STOCHASTIC | Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals continue to read bearish, with a new 2-year low and all signals in sell territory. However, the RSI at 36 warns of EUR approaching oversold levels. Stochastic has crossed over into oversold territory, indicating that this pair could see an upward correction in the near future. The pair has reached its minimum in the last two years, having fallen from a peak of 1.2247 reaching its lowest level at 1.2165. If today the pair is able to break the key support at 1.2165, the next level is 1.2150, while breaking the 1.2250 resistance may postpone the attainment of these expectations. If it is successfully pushed back down then it could fall to the 1.2125; if, however, it breaks out higher than it would rally to 1.2300.
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GBPUSD 1.55717 / 1.55727
DAILY WEEKLY MONTHLY

1.5639 : 1.5607 : 1.5590
1.5563 : 1.5526 : 1.5403
SUMMARY | Neutral
TREND | Up trend
MA10 | Bullish
MA20 | Bullish
STOCHASTIC | Neutral
MARKET ANALYSIS - Intraday Analysis
Technicals are neutral and confused after Friday's surges in prices expect a rally to the.382 Fibonacci at 1.5595 and then a move back to the S5 at 1.5400. A break up would target the 1.5700. Most long-term technical indicators place this pair in neutral territory, meaning that at present there is no defined trend. Most likely the pair will try to test support at 1.5570, while breaking the level of 1.5575 would delay the realization of these expectations.
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USDJPY : 79.126 / 79.131
DAILY WEEKLY MONTHLY

79.735 : 79.435 : 79.270
79.035 : 78.845 : 78.655
SUMMARY | Down
TREND | Down trend
MA10 | Bearish
MA20 | Bearish
STOCHASTIC | Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals are bearish - trading towards the lower end of recent range, with support at 200 day MA 79.03, Price is currently at 79.10 sitting right on the support line, just below the .500 Fibonacci at 79.17 in a sideways choppy move. A break of this will confirm the move to 79.00. A breakdown there looks for the double bottom at 77.67 but before we could see a move toward 78.80. While the daily chart's MACD/MA has formed a bearish cross, indicating that this pair could see downward movement in the near future, most other technical indicators show this pair range-trading. Just a reminder, Japanese markets are on holiday today.
Source: FX Central Clearing Ltd
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Mon 16th Jul 2012, 09:03
#294
Member
Market Update Today
Tata consultancy services Ltd. Co. gain 13.4 points with 1.08% on 1236.00 INR, and HDFC BANK, ONGC, GAIL, Cipla Co. have also gains 1.2%, 0.92%, 0.79%, 0.74% respectively. On the other hand BPCL id down by 50.79% on 785.45 INR and Jindal Steel co. is down by 3.10% as Tata power co. follow downward or fall down by 2.23%. Nifty futures have down by 10 points in current series and in aug2012 contract down by 12 points and it down by 14 points in sep. contract according today’s script price. While US currency as USD is down by -0.24 % and Euro, pound (British), and Australian dollar are also down by -0.28%, 0.23% and 0.23% respectively.
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Tue 17th Jul 2012, 10:46
#295
Senior Member
Market Overview by FXCC July 17 2012
Fed Chairman Bernanke begins his testimony before congress today.
Asian markets started off mixed today, after Wall Street tumbled over an unexpected fall in retail sales in June.The Nikkei opened 0.19 %, or 16.86 points, higher at 8,740.98 this morning, but soon dropped into negative territory. In Hong Kong, shares climbed 1.39 %. The Hang Seng Index added 266.29 points to 19,387.63. Investors will continue to be cautious before a slew of US high risk eco data, including June industrial output as well as Fed Chairman Ben Bernanke's two-day testimony in Congress due today.
Markets stressed over global growth worries after the International Monetary Fund on Monday trimmed its 2012 global growth forecast to 3.5 % from its 3.6 % forecast three months ago. US retail sales fell by 0.5 % last month, the Commerce Department reported. Most analysts estimated an increase 0.2 %. The Dow Jones fell 49.88 points (0.39 %), closing at 12,727.21. The US dollar spent the day on a rollercoaster; bring its trading partners up and down throughout the trading day, the euro dipped as low as 1.2167
UPCOMING EVENTS :
2012-07-17 08:30 GMT UK - Consumer Price Index (Jun)
2012-07-17 09:00 GMT UK - BoE's Governor King Speech
2012-07-17 09:00 GMT EMU - ZEW Survey - Economic Sentiment (Jul)
2012-07-17 09:15 GMT All - G7 Meeting
FOREX NEWS :
2012-07-17 04:24 GMT GBP/USD trades at 2-wk highs, UK data ahead
2012-07-17 04:19 GMT EUR/USD around 1.2300 ahead of ZEW
2012-07-17 03:50 GMT Forecast UK CPI inflation to fall to 2.7% in June - RBS
2012-07-17 03:27 GMT EURJPY continues at risk; three month target at 94 - UBS
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EURUSD : 1.22843 / 1.22845
DAILY WEEKLY MONTHLY

1.2426 | 1.2358 | 1.2312
1.2244 | 1.2198 | 1.2130
SUMMARY : Down
TREND : Down trend
MA10 : Bullish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Long term technicals remain bearish, with all signals in sell territory. Prices rose to take out resistance at 1.2249 after breaking above key support at 1.2177, a level dating to 2010. The bulls now aim to challenge upside barriers at 1.2333 and 1.2433. Near term signals are all reading bullish. The 1.2249 level has been recast as near-term support. Back to our daily charts, RSI remains below 60 after tagging 30, showing maintenance of a bearish momentum. And we can see a negative reversal signal with the RSI where price high was lower, while the RSI high was higher. Supports are seen at 1.2162 and then at 1.2100 whereas resistance levels are seen at 1.2314 and then at 1.2330, which is the 10-DMA line.
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GBPUSD : 1.56544 / 1.56554
DAILY WEEKLY MONTHLY

1.5816 | 1.5735 | 1.5680
1.5599 | 1.5544 | 1.5463
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Overbought
MARKET ANALYSIS - Intraday Analysis
Technicals all support a bullish move today between the 9 & 21 day MA’s 1.5622 and 1.5689, respectively, The late strong rally has negated the bearish signals, however bias remains to the downside given the bearish bias of indicators. As for the key levels - there aren't any significant key levels now. The immediate intra-day bias is now on the upside above 1.5550. Break below 1.5500 may bring re-test on the last week's low near 1.5390. Supports are seen at 1.5518 and then at 1.5427 whereas resistance levels are seen at 1.5713 and then at 1.5734.
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USDJPY : 78.922 / 78.928
DAILY WEEKLY MONTHLY

79.645 | 79.425 | 79.140
78.620 | 78.400 | 78.105
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals remain bearish and the pair has breached of 200 day MA at 79.04 which should allow for further decline. As the pair broke the 79.00 level nothing significant has happened. The move down remains extremely choppy and the decline is so slow, that this can hardly be said to be a downtrend. A move above 79.10 will simply turn the hourly chart neutral. Supports are seen at 78.65/61 and then at 78.10 whereas resistance levels are seen at the 200-DMA line at 79.02 and then at 79.40.
Source: FX Central Clearing Ltd
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Wed 18th Jul 2012, 11:10
#296
Senior Member
Market Overview by FXCC July 18 2012
Market Overview by FXCC July 18 2012
Fed Bernanke Keeps Mum... no additional clues
Asian markets have started the day off mixed after US markets rebounded amid hopes for further monetary easing in the United States. The comeback was triggered after Federal Reserve Chief Ben Bernanke gave a gloomy assessment of the economy to Congress and said the Fed would act if the situation worsened, exactly as he had stated after the June FOMC meeting and as stated in the FOMC minutes. In New York, the Dow Jones Industrial Average closed at 12,805.54 on Tuesday, gaining 78.33 points (0.62 per cent) and more than erasing Monday's losses.
The Nikkei 225 index at the Tokyo Stock Exchange opened up 41.15 points at 8,796.15 this morning. The Hang Seng Index was off by 77.12 points, or 0.4 per cent, to 19,378.21in early trading. Market focus will shift back to the eurozone as we should see Spain and Italy back in the spotlight. Commodities and currencies ended pretty much where they had begun the day.
UPCOMING EVENTS :
2012-07-18 08:30 GMT UK - Bank of England Minutes
2012-07-18 09:00 GMT EMU - Construction Output s.a (May)
2012-07-18 12:30 GMT US - Building Permits (Jun)
2012-07-18 14:00 GMT US - Fed's Bernanke testifies
FOREX NEWS :
2012-07-18 04:40 GMT NZD/USD may enter fresh 0.8005-0.8075 range soon
2012-07-18 04:29 GMT GBP/USD steady around 1.5650 ahead of BoE
2012-07-18 04:17 GMT EUR/USD failing to break above 1.2300
2012-07-18 04:11 GMT China House Price Index flat at -1.5% in Jun
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EURUSD : 1.22836 / 1.22842
DAILY WEEKLY MONTHLY

1.2472 | 1.2394 | 1.2345
1.2218 | 1.2140 | 1.2091
SUMMARY : Down
TREND : Down trend
MA10 : Bullish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals remain bearish, but a breach above last week’s high of 1.2336 could change the outlook. The EURUSD rally from 12161 is corrective which can often be a choppy, sideways affair. The initial stop is above 12440. This rally extended to above 1.23 by the today's Asian session. The 1.2320-1.2330 area is the resistance of a previous near-term consolidation. RSI in the four-hour chart is almost 60. If the market is to retain the bearish momentum in this time-frame, the RSI reading tends to find resistance at 60. The one-hour RSI is showing some bearish divergence. A break above 1.2330 exposes the 1.24 key resistance level.
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GBPUSD : 1.56427 / 1.56434
DAILY WEEKLY MONTHLY

1.5834 | 1.5756 | 1.5710
1.5586 | 1.5508 | 1.5462
SUMMARY : Up
TREND : Up trend
MA10 : Bullish
MA20 : Bullish
STOCHASTIC : Overbought
MARKET ANALYSIS - Intraday Analysis
Technicals remain bullish with a shift to neutral with strong resistance at 50 day MA 1.5647 could limit further gain. The sterling rally has carried price into channel resistance. Resistance is reinforced by the low at 15641 and channel that defines the rally from 15392. The pair continued to struggle around SMA 50 but the bullish sign on Stochastic remains intact. Our outlook keeps the bullish scenario for the rest of the day; noting that a break above 1.5680 will confirm and accelerate the bullish direction towards 1.5780.
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USDJPY : 78.993 / 78.999
DAILY WEEKLY MONTHLY

79.585 | 79.380 | 79.230
78.880 | 78.675 | 78.525
SUMMARY : Down
TREND : Down trend
MA10 : Bearish
MA20 : Bearish
STOCHASTIC : Oversold
MARKET ANALYSIS - Intraday Analysis
Technicals remain mixed and are hovering close to key 200 day MA 79.05 and declines are limited below 78.80. The pair has reached the -2nd Bollinger band for the first time since early June. The pair has been trapped within a very narrow range since attempting to stabilize at the 79.00 levels. Meanwhile, RSI 14 continued to stabilize below the value of 50.00 suggesting further losses over intraday basis. 7890 is the important support line, if price breaks through we could see a decline to the wide support zones between 78.20 and 77.95. The current trading range is between the key support at 77.60 and key resistance at 80.30.
Source: FX Central Clearing Ltd
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Wed 18th Jul 2012, 14:10
#297
Junior Member
Mcx gold silver crude oil trend tips for today 19 july 2012
19 JULY 2012 THURSDAY MCX GOLD TIPS, MCX GOLD TREND, MCX GOLD SUPPORT RESISTANCE, MCX GOLD OUTLOOK, MCX GOLD TRADING STRATEGIES FOR TODAY,MCX SILVER TIPS, MCX SILVER TREND, MCX SILVER SUPPORT RESISTANCE, MCX SILVER OUTLOOK, MCX SILVER TRADING STRATEGIES FOR TODAY,MCX CRUDE OIL TIPS, MCX CRUDE OIL TREND, MCX CRUDE OIL SUPPORT RESISTANCE, MCX CRUDE OIL OUTLOOK, MCX CRUDE OIL TRADING STRATEGIES FOR TODAY.
MCX Crude oil at around 4860 Stoploss-4,810 Target-4,930.
TO GET FREE MCX TIPS ON MOBILE VISIT LIVE MCX BLOG
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Wed 18th Jul 2012, 15:04
#298
Senior Member
MCX Tips Free Trial by BullionMCX.com with MCX Gold Trend Today
MCX Gold Trend Levels for Today – BullionMCX.com
Gold continued another session of range bound trading and the MCX Gold commodity traded between 29200-29400 levels. MCX Gold has broken the up trend and it has slipped below the 29400 levels, holding below we may soon witness testing of crucial supports below 29200. Gold will witness strong resistance above 29450 any up move will open the resistance of 29600. The outlook is negative and clo...se below 29200 will gradually open up levels of 28900 in the coming sessions.
We offer MCX Commodity Free Trial from tomorrow 19 July 12 to 20 July with Commodity Market NEWS updates and Trend of current Commodity Market with more than 90% accuracy on Intraday as well as positional calls. Sure MCX Tips Free Trial on your Mobile by SMS.
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Wed 18th Jul 2012, 19:17
#299
Junior Member
Gold and silver is trading weak today. Light gold with a decline in the domestic market is Rs 29 222. 0.30 percent, while silver is trading at Rs 52 617 with osteoporosis. In the international market trend of decline in the gold updates and silver.
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Thu 19th Jul 2012, 10:01
#300
Junior Member
Maruti suzuki shares down today
Maruti Suzuki india shares dropped 5% today, due to problem occured at company's Manesar, Haryana Plant between workers and Management. Manesar Plant is the largest car making plant of Maruti Suzuki.Plant shutdown at last evening and remain closed today.
At NSE position of Mruti at 12:33pm was 1133.50 show change of -7.68 %.
At BSE position of Mruti at 12:33pm was 1134.50 show change of -7.31%.
The Stock opened at Rs 1175 and touched the low Rs 1153 in opening deals.
Stock future tips
Buy maruti suzuki Long term target 1,250 stop loss 1090.
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