INTRADAY STOCK TIPS FOR TODAY: Commodity Tips For Today

Saturday, July 16, 2011

Commodity Tips For Today

Dear Visitors,Today(16 July)Commodity Market Sell Position.

Gold Tips For Today 16 July:-

Buy Gold above 23148.7

Stop Loss at 22892.4

Sell Below 22837.7

Stop Loss at 23093.9

Gold Level For 16 July:-

Resistance:- Gold has resistance level at 23175.

Support :- Gold has First support level at 22418 and last support level at 21879.

Silver Tips For Today 16 July:-

Buy Silver above 59323.9

Stop Loss at 57358.8

Sell Below 56782.7

Stop Loss at 58745.5

Silver Level For 16 July:-

Resistance:- Silver has resistance level at 58867.

Support :- Silver has First support level at 56478 and last support level at 53124.

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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."