Commodity & Stock Market News On 7th Mar 2013

Commodity Market News Today:

Bullion

MCX Gold:

Today Price of Gold are expected to move around 29400 to 29800 .It is advisable to be trade to buy around 29520-29550 with SL below 29400 for the target around 29700 to 29750.

MCX Silver:

Silver Prices trade around 54400 to 55500.Prices are support around from 54600 to 54500.It is advisable to be trade to buy with SL 54400

Base Metal:

MCX Copper:

Copper Prices are expected to within the range from 423-421.Day traders can trade to sell on high at 428 to 429 with SL 433.

Nickel:

Nickel Prices are expected to move around 900 to 922.Day traders can trade within the range.

MCX Lead:

Prices are expected to negative today.Day traders are advised to be trade to sell with SL 
122.50.

Energy:

MCX Crude Oil:

Prices expected to move at 5010.Day traders are advised to sell around 4055 to 4070 with SL above 5015.

Stock Market News Today:

In NEW DELHI Indian markets were witnessing a session with negative bias on Thursday 7th Mar 2013. 

After the Reserve Bank of India's policy meet the market is likely to remain range-bound in the near term and break out. 

In the Morning the 50-share Nifty index was at 5810.10,down 8.60 points.Today One Can trade around up at 5820.55 and down at 5801.30. 

The Sensex was at 19,233.02, down 19.20 points or 0.10 per cent. It touched a high of 19,275.61 and a low of 19,212.92 in trade today. 

Sun Pharma Ltd. is BUY call with SL Rs 805 for the target of Rs 844.

United Spirits Ltd  BSE is BUY call with SL Rs 1840 for the target of Rs 1940.

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