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MCX SILVER technical updates - Silver will find strong trend line support around 35698, will favor bears once it closes and holds below.


MCX SILVER 1 KG
Charts updated for - 23rd February 2015.

Indian Stock Market Morning update 23rd February 2015 (Monday).

The Nifty opened on a positive note and was trading around its psychological level of 8,850.

The BSE mid-cap and small-cap indices were up around 0.4 per cent each.

Metal stocks were in demand, lead by Hindalco after the company bagged one more mine in the ongoing coal auction, taking the total number of blocks won by the firm to three that includes two in Chhattisgarh and one in Jharkhand.

So far Hindalco was the top gainer on the Nifty, up 2 per cent trading around Rs. 160.


IT stocks also witnessing buying intrest stock like HCL Technologies, Infosys, tech Mahindra and TCS advancing after Friday's selling pressure.

At around 9:40 AM, the Sensex was up 98 points at 29,329 and the Nifty jumped 29 points to 8,862 levels.

MCX NICKEL finding strong trend line support at current levels @ 862, further price fall can be seen once it closes and holds below.


MCX - NICKEL
Charts updated for - 23rd February 2015.

MCX NATURAL GAS will find strong resistance around 190, further bulls move expecting once it closes and holds above 190.


MCX NATURAL GAS
Charts updated for - 23rd February 2015.

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