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Commodity Tips and MCX Market Analysis For 22 Feb
Commodity Tips and MCX Market Analysis For 22 Feb
February 22, 2012 Finance news in Bhubaneswar,Orissa, India, Republic of
Silver prices soften as Greek tragedy continues. | MCX silver declines 0.65% on positive Spain, Italy bond auctions
FOR IMMEDIATE RELEASE
Bhubaneswar,
Orissa,
India, Republic of
(Free-Press-Release.com) February 22, 2012 --
Commodity Tips
THE EQUICOM CALL:
THE EQUICOM DEMO CALL:
BUY GOLD (MAR.) ABOVE 28450
TARGET-28500/28575/28675
FOR MORE TIPS CALL US 09200009266
www.TheEquicom.com
?A Strong breakout and closing above the resistance level can ensure trend reversal in the
commodity. Thus we suggest “Buy on Dips” strategy with our support and resistance levels.
TO GET FREE TRIAL OF OUR SERVICES SEND “FREE TRIAL” TO 9200009266
OR CALL 0731-6458804/5/6/7/8/9
Market News
Indian gold import may dip for the first time in 3 years,Chinese may pick up.
Gold shifts from safe haven status to risk asset.
Silver market waits for the China push.
Gold, silver rises on higher oil prices, Greek debt package.
Crude oil may continue surge on geo-political tensions.
Base metals gain dollar weakness.
Base metal prices remain positive.
Copper time spreads tighten on short covering.
Today’s Trends
GOLD
TREND : CONSOLIDATE
RESISTANCE 1 : 28600
RESISTANCE 2 : 28800
SUPPORT 1 : 28280
SUPPORT 2 : 28175
STRATEGY : BUY ON DIPS
SILVER
TREND : CONSOLIDATE
RESISTANCE 1 : 57780
RESISTANCE 2 : 58800
SUPPORT 1 : 56400
SUPPORT 2 : 55500
STRATEGY : BUY ON DIPS
COPPER
TREND : CONSOLIDATE
RESISTANCE 1 : 418.00
RESISTANCE 2 : 423.00
SUPPORT 1 : 412.00
SUPPORT 2 : 408.00
STRATEGY : BUY ON DIPS
Crude oil
TREND : BULLISH
RESISTANCE 1 : 5235
RESISTANCE 2 : 5300
SUPPORT 1 : 5150
SUPPORT 2 : 5110
STRATEGY : BUY ON DIPS
FOR REST OF THE LEVELS DO VISIT OUR SITE HERE
http://www.theequicom.com/images/stories/REPORTS/Commodity%20Analysis-%20Daily.pdf
Theequicom is a Financial Advisory Company which is specialized in providing equity tips andcommodity tips covering almost all the major segments of the equity market such as stock cash, nifty futures, stock futures, F&O. The calls are given on intraday and positional basis. We also provide tips in commodity market including base metals, precious metals and energies along with agri tips. http://www.theequicom.com
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