Commodity & Stock Market On 1st March 2013

Commodity Market News:

Bullion

MCX Gold:

Price of Gold are expected to move around 29450-29400.It is adviseable to be trade to sell around 29400-29750 with SL below 29400.

Silver:

Prices move around 54750. It is advisable to sell around 52500 -52200 with SL below 54750. 

Base Metal:

Copper:

Prices are expected to within the range from 435-426.Day traders can move around 421 to 428. It is advisable to trade to sel at 433 with SL below 436. 

Nickel:

Prices are exepected to move at 912 with SL below 900 for the target of 924-927.

Lead:

Prices are expected to within the range from 123.50 to 125.50. Day traders are advised to trade buy around 124 with SL 123.

Energy:

Crude:

Prices expected to move around 5030-5115. Day traders are advised to sell around 5090 with SL above 5115.

Stock Market News Today:

Market Updates: Sensex jumps 100 after FinMin clarifies on TRC; realty down Key equity benchmarks recover after the finance ministry clarified on finance minister P Chidambaram's tax residency certificates announcement, which had created confusion among FIIs.

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