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Crude oil climbed 0.5 percent and trading at Rs 2960. Natural gas moved up with a gain of 4 percent and trading at Rs 186.6 . Gold fell 0.1 percent trades at Rs 27950. Silver broke 0.25 percent to Rs 39850. Copper has some pressure. Nickel traded with a gain of 1 percent at Rs 930. Lead is declined.

Nifty was on a bull trend and closed at 5627. So today the first resistance for nifty is at 5660-65 level. Next resistance ranges are at 5685-90,5775-80,5871-76,5897-02,5917-22 levels. On downside first support is at 5595-90 level. Next supports are at 5568-63,5530-25,5509-05,5480-75,5452-47,5432-27 level.So today if nifty moves above 5665 level it is a good sign for bulls but if nifty goes below 5590 be very alert and sellers may have the control if nifty is below 5563 level. Have a look at today's Share Tips: http://onlinetradingttips.blogspot.com

Nifty is now 5365. Technically what we have witnessed so far is just a pause in the down move and the crucial level now to watch would be 5233 and if that goes then we should see the market slide down closer to 5170 levels..... Read more here @ http://nifty-futures-tips.blogspot.in/2012/03/nifty-tips-and-trend-for-today-22nd.html

The majority of new investors to the commodity markets generally want to get commodities and think that the price goes advanced.

"What seems too high in price and risky to the majority usually goes higher, and what seems low and cheap usually goes lower." - William J. O'Neil

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