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MCX silver continues to trade in a narrow band of 55500 to 53890 since couple of weeks now which is very much reflected by the Bollinger bands which have narrowed a lot. At present silver is trading near the downtrend line resistance failing to surpass it can get it back to the lower end of the channel i.e. 50500 levels, hence one needs to be quite cautious on long side from hereon..... Read more here - http://www.live-market-tips.com/mcx-trend-and-commodity-news-data-for-today/

Gold looses a few dollars but remaining almost flat during yesterday's session. Bullion continue to trade within a narrow range, and trying hard to stabilized above the US$1,570-80/ounce levels. Gold prices remained flat yesterday but could not give breakout on either side. Prices have intraday resistance at $1586 i.e. Rs.29490 and breakout can be seen above this for $1599 i.e. Rs.29660. On lower side prices have support at $1570 i.e. Rs.29260 and if prices give breakdown below this then can test $1555 i.e. Rs.29040.... Get Free Tips and live report here- http://www.live-market-tips.com/mcx-tips-today-commodity-live-price/

Gold futures on domestic exchanges were trading in a narrow range as the rupee strengthened against the dollar and COMEX futures rose. On COMEX, the metal gained on bargain buying after the sharp correction in prices last week. A weak dollar against the euro also supported the upside in prices. In global markets, gold also received support as Chinese buyers retuned to the market after the Lunar New Year holidays.... Get Free Commodity Tips For Today here- http://www.live-market-tips.com

The Bollinger bands have started narrowing down, once an upside breakout is in hands the bands will expand which will lead to a thrust in wave 5 up. Trading Tip: Buy MCX Crude Near 5260-5300, Target:...... Get full tips here @ http://commodity-intraday.blogspot.in/2012/03/copper-gold-silver-and-crude-updates.html

Prices are trading in a narrow range for the last one week. Break of 41520 with thick volume could result in a major rally towards 42000 followed by 42300 levels in the immediate run..... Read more here @ http://mcx-ncdex-commodity-trading-tips.blogspot.com

Today all commodities are facing a down trend. MCX Gold futures eased from their highest level in a month, weighed by a stronger rupee, but price falls were not enough for traders seeking to stock up for the upcoming festival season. Silver, prices are currently consolidating in a very narrow range with immediate resistance at 54500 and support holds at 51200..... Read Full Report here @ http://commodity-intraday.blogspot.com

Industrial metals rose slightly on Wednesday, but mostly stayed in narrow ranges amid thin volumes, reflecting investor caution as a resolution to Europe's debt crisis remained elusive, clouding the outlook for raw material demand..... Get the intraday tips here @ http://commodity-intraday.blogspot.com

CNBC Propaganda
 
 
Thursday, February 3, 2011 4:51 PM
 A late bid helped the stock market muster a modest gain after it had spent most of the session mired in…

Looking at daily Nifty Charts and reports at present the narrow range body formation reflects indecisiveness prevailing at current levels. Hence, if indices trade above 18,185 / 5,460 levels then they are likely to test 18,330-18,410 / 5,495-5,530. On the downside, 18,010 - 17,924 / 5,412 - 5,375 are the crucial support levels for the indices. Any breach of below this levels would intensify the selling pressure.

Commodity Market Trading Tips Crude oil prices rose on Monday despite disappointing trade data from China that showed a sharp drop in exports and a narrower trade surplus than expected. Oil prices moved up on Monday following a strong session on Friday, as traders highered their bets on higher prices amid a slowdown in US drilling, but analysts warned fundamentals remained weak. MCX SILVER July contract was trading at Rs 37070 down Rs 100, or 0.27 percent. The SILVER price touched an intraday high of Rs 37200 and an intraday low of Rs 37070. So far 14 contracts have been traded. SILVER prices have moved down Rs 1808, or 4.65 percent in the July series so far.

There are many known patterns of technical analysis such as double tops, double bottoms, ascending triangles etc. This indicator helps you to recognize the highs and lows of the prices of stocks in a day. Some more characteristics of the stocks are also easy to understand with the help of this trading strategy. You can know whether the stock is trending or not. You may also judge whether the stock is volatile or not. When you use Bollinger bands, you find that the bands twisted tightly. This twisting of bands indicates that the stock is traded in a narrow range. This means at this moment there will be price breakout or breakdown.