MCX MARCH SILVER

MCX MARCH SILVER


S1 RS 59560 , S2 RS 58300 , S3 RS 57600


R1 RS 60800 , R2 RS 61800 , R3 RS 62500

TRADING LEVELS FOR MORNING SESSION TRADING LEVELS FOR MORNING SESSION

TRADING LEVELS FOR MORNING SESSION


MCX APRIL GOLD


S1 RS 27830 , S2 RS 27720 , S3 RS 27650


R1 RS 28160 , R2 RS 28310 , R3 RS 28450

MARKET UPDATE

 BULLIONS HOLDS ONTO CLOSE LEVELS GOLD$1724RES 28100 SUPP 27780 SILVER$35.45 RES 60850 SUPP 59500/CRUDE $108.80 RISES LAST NIGHT AFTER ESCALATING TENSIONS IN MIDDLE EAST MORE POS ABV $110 RES 5385 SUPP 5270/COPPER TRADES FLAT RES 433.50 SUPP 426/

MARKET UPDATE

GOLD CMP$1718 LOW $1694 SUPPORT$1680 RES$1740//SILVERCMP$35.04 LOW$34.50..SUPP $34.50 RES $36..BULLIONS OPEN MILD UP//CRUDE$107.10 OPENS POSITIVE RES 5300 SUPP 5185/BASE METALS OPEN FLAT/US DOLLAR INDEX HIGHER AT 78.71/

BULLIONS CAME DOWN SHARPLY

BULLIONS CAME DOWN SHARPLY LAST NIGHT AS THE US DOLLAR STRENTHENED AFTER FED CHAIRMAN HINTED AT NO FURTHER ECONOMIC STIMULUS MEASURES/GOLD CMP$1721 POSITIONAL STRONG SUPPORT $1680 AND 1643LAST NIGHT LOW $1691)RES NOW$1745-85/SILVER POSITIONAL SUPP NOW AT $34 CMP $35.10RES$36.30//CRUDE POSITIONAL SUPP$104 NEXT UPMOVE BREAK AND SUSTAIN ABV $110 MCX SUPP 5170-5115(LAST NIGHT LOW 5190)/TRADE CAREFULLY WITH STOPS AND BOOK AS RECO//