INTRADAY STOCK TIPS FOR TODAY: Commodity tips for today(MCX Tips For Today)6 July

Wednesday, July 6, 2011

Commodity tips for today(MCX Tips For Today)6 July

Commodity Tips For Today :-
For intraday traders make their position on buying basis.buy gold and make trading profitable.
Gold Tips For 6 July
Buy Gold above 22180
Stop Loss at 21840.4
IfGold Below 21756.6
Stop Loss at 22096

Silver Tips For 6 July:-
Today Silver is showing buying position.so make your position on buying basis:-
Buy Silver above 54147.8
Stop Loss below 52299.5
Target is 54967.1- 56327.2
Sell Below 51483.4
If trend reversal can occur and next level is 50128.8

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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."