Commodity tips for 29 Oct

Saturday, October 29, 2011

Commodity tips for 29 Oct

Free Commodity Tips 29 Oct, Commodity Tips for today 29 Oct, Commodity Tips for tomorrow

SOYBEAN (NOV):TREND Consolidate R2- 2295 R1- 2250 S1- 2165 S2- 2125 STRATEGY Sell on Higher Levels
TURMERIC (NOV):TREND Consolidate R2- 5180 R1- 5080 S1- 4890 S2- 4795 STRATEGY Buy on Lower Levels
GUARSEED (NOV):TREND Consolidate R2- 4630 R1- 4550 S1- 4375 S2- 4290 STRATEGY Buy on Lower Levels
CHANA (NOV):TREND Consolidate R2- 3535 R1- 3470 S1- 3335 S2- 3270 STRATEGY Buy on Lower Levels

For More Commodity trends for today CLICK HERE

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."


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Saturday, October 29, 2011

Commodity tips for 29 Oct

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