Wednesday, April 17, 2013

COMMODITY GOLD SILVER HAVE BROKEN BY STRONG RUPEES | Gold Silver HNI CALLS

On Tuesday, gold got some support in the international market; the domestic market has started to strengthen the rupee now. In a fact gold today in the domestic market has come under pressure again. Currently, gold is trading near to 1 per cent weaker. Pressure is also being witnessed in silver and 1.7 per cent is broken. The dollar has come down to Rs 54 one dollar and rupee against the dollar has peaked at around 1 month.

Currently MCX Gold is trading below near to half percent down and trading Rs 25580 on June delivery. Silver on MCX has broken more than one percent at Rs 43300.

- Sell Gold June at current market rate 25,550 Targets 25450 Stop Loss 25650.

-Sell Silver may near to 43,000 Targets 42,750 Stop Loss 43250.

2 comments:

falguni gyarsia said...

Jeera is moving in a side way looking bearish for short term. Expert says that it is good to buy above 13336.7 with the stop loss of 12931.5 Commodity Tips and Stock Future tips

capital builder said...

There is lot of articles on the web about this. But I like yours more, although i found one that’s more descriptive. Commodity Tips

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