Wednesday, September 7, 2011


MCX:

1. GOLD: IS TRADING @ 27, 512, IT HAS BROKE ITS UPSIDE SUPPORT OF 27,750

WE EXPECT IT MAY SHOW 27,300 - 26,900,



IMPORTANT FOR THE GIVEN LEVEL GOLD HAS TO TRADE BELOW 27,750.
ABOVE THIS LEVEL, TREND WILL CHANGE.


2. CRUDE: IS TRADING @ 3987, AS PER INTRADAY VIEW, WE ARE POSITIVE ON CRUDE ABOVE 3975 LEVEL.