MCX SILVER TIPS & TREND TODAY 4 August

Commodity market has opened positive and will continue its bullish trend in today's trading session as well. 

MCX Gold is doing good business as well as we can also see bullish trend in silver. 

MCX SILVER SUPPORT AND RESISTANCE :-

Support for the Silver is 59201-59123-57649-57098-55171-55071

Immediate resistance for Silver is 62128

MCX SILVER TREND (Short Term) :-

Silver closed above 1 week high with volume signals up breakoutCurrently Silver is in HOLD LONG position Silver is in sideways and sellers was at high so for short term better buy above 62744.5 or hold with stop at 57620.0 The next resistance will be at 61880.0 The oscillator is showing BUY signal


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SHARE MARKET TREND : Thursday 4 August

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Share market today was on negative breadth and both the major benchmarks i.e. Nifty and Sensex ended in red followed by strong bear trend. The Sensex closed at 17941, down 169 points from its previous close, and the Nifty shut shop at 5405, down 52 points.

TOP GAINERS TODAY :-

The top Nifty gainers were SAIL,Reliance Infra, Sesa Goa and BPCL.

TOP LOOSERS TODAY :-

Top loosers of the day were L & T, Tata Motors, Axis Bank and Bajaj Auto. 

SHARE MARKET TREND (Thursday) :-

Share Market trend for thursday is again considered to be under bears and the share market will behave very edgy on thursday followed by week asian cues. Share market will see many ups and downs on thursday's trading session . Selling pressure will continue in the market. Traders and investors are advised to play safe with proper strategies and keep strict stoploss in each trade