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Free MCX Tips and Analysis For the Day

February 24, 2012

Gold shifts from safe haven status to risk asset. | Silver market waits for the China push.




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 24, 2012 -- • 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 Tip:
THE EQUICOM CALL:
BUY GOLD (MAR.) ABOVE 28950
TARGET-29000/29060/29150
FOR MORE TIPS CALL US 09200009266

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.
Commodity Trends
GOLD
TREND : BULLISH
RESISTANCE 1 : 29050
RESISTANCE 2 : 29320
SUPPORT 1 : 28870
SUPPORT 2 : 28720
STRATEGY : BUY ON DIPS
Silver
TREND : BULLISH
RESISTANCE 1 : 60000
RESISTANCE 2 : 62300
SUPPORT 1 : 58220
SUPPORT 2 : 57300
STRATEGY : BUY ON DIPS
Copper
TREND : CONSOLIDATE
RESISTANCE 1 : 418.00
RESISTANCE 2 : 423.00
SUPPORT 1 : 408.00
SUPPORT 2 : 404.00

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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Contact Information

  • Name: TheEquicom Research

    Company: TheEquicom Financial Services

    Telephone: 0731-6458808,09200009266

    Email: ***@gmail.com


  • About the author

    Theequicom is a Financial Advisory Company which is specialized in providing equity tips and commodity 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



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