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Tuesday, 22 October 2013

MCX evening tips : gold silver prices look bullish in evening session | buy copper and zinc

On evening trading commodity Mcx are looking to fire in bullish side , most traded gold and silver expecting higher in this session. However other base metal like copper ,zinc and nickel look above in upper side with a positive trend.

Buy gold dec above 29700 tgt 29750/ 29800/ 29850 sl 29550

Buy silver dec above 48900 tgt 49000/ 49100/ 49300 sl 48500


Buy zinc oct above 119 tgt 119.30/ 119.60/ 120 sl 118

Buy copper nov above 454.30 tgt 455/ 456/ 456.50 sl 452


Monday, 14 October 2013

Today MCX tips: Trading level for gold,silver,nickel, copper and natural gas


Buy gold dec above 28650 tgt 28700/ 28800/ 28900 sl 28475


 Buy silver dec above 47350 tgt 47450/ 47650/ 48000 sl 47050


 Buy copper nov above 449 tgt 450/ 451/ 453 sl 446


 buy nickel oct above 855 tgt 859/ 862/ 865 sl 850


Buy natural gas oct above 236 tgt 237/238/240 sl 233


buy mentha oil oct above 858 tgt 860/864/ 870 sl 847


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Thursday, 10 October 2013

Evening metal trend and tips| today rupees closed by gain 58 paise at Interbank foreign exchange

MCX metal show sharp negative edge on afternoon trade and expected more declined in remaining session. Mcx copper price for future delivery round up around 440 but a break out is looking and more bearish is seen on remaining session below 440. however nickel also weak at Mcx which fall 0.45% to 845 more negative track are watching on base metal in today trade.
Sell high all metal form current prices.

Today rupees close strongly at inter bank foreign exchange by 61.35 by correcting its position by +58 paise against weak dollar.

Sell copper nov below 442.50 tgt 442/ 440/ 438 sl 446

sell nickel oct below 845.50 tgt 844/ 841/ 835 sl 453

sell lead oct below 127 tgt 126.50/ 126/ 125 sl 128.50


Tuesday, 8 October 2013

08/10/13 MCX evening tips || today Gold silver looking volatile on evening session

Dollar gain continuously on second day at Interbank foreign exchange favor Indian commodity market to jump in market. Today on intraday trading most commodity are trading in green side at Multi commodity exchange. Mcx base metal looking to fire on evening trade,today MCX lead for future delivery gain 1.81% to made a high of 129.15 and expected more firework on last session. However, nickel, copper and zinc also up by more than 1% and looking in good position on intraday trading.

Today Mcx gold and silver trading quite low in first two session but gain in dollar boost precious metal prices on evening session. Mcx gold and silver for delivery in December expected to trade volatile on evening session. 


Sell gold dec below 29550 tgt 29500/ 29450/ 29400 sl 29700

sell silver dec below 49650 tgt 49600/ 49500/ 49300 sl 50000

sell crude oil oct below 6430 tgt 6420/ 6400/ 6370 sl 6460 



Friday, 4 October 2013

MCX tips: Today gold silver tips || Live spot rate and gold silver update for 04/10/13|| rupees gain 27 paise on friday

Indian rupees become more strong on opening of friday currency trade by gain 27 paise to 61.47 per dollar. A continous depreciation in dollar prices due to closing of government in US refuses all demand in US currency result negaitve at Inter bank Foreign exchange.

After yesterday positive volatile trade market open in a negative zone , today Mcx gold for future delivery open at bearish side at 29930 against its last close of 30204. silver prices also trading with bearish note after open at 48201 by losing -452 point on Mcx trading.

On spot market silver prices are trading around 47828 per kg on last closing, while gold price are watched near 29455 per 10 gram on India.

SELL GOLD OCT BELOW 29930 TGT 29900/ 29850/ 29800 SL 30060

SELL SILVER DEC BELOW 48150 TGT 48050 / 47900/ 47700 SL 48550

Thursday, 3 October 2013

Evening gold silver tips || Dollar break a 8 month low below 62 || base metal going to fall on evening session

Dollar touch a 8 month low today , rupees strong against dollar on Thursday trade by gain 0.72 paise to 61.76 at inter bank foreign exchange. Indian bullion market are positive in today trade, on Thursday early morning gold made a high of 30120 while silver made a high of 48729.

on evening trade some negative trend is looking in bullion prices , gold prices expected to fall in downside below 30000 while silver may be seen downside below 48000.

a sharp fallen is observed in copper prices on evening session, today copper are volatile on morning trade while on evening a bearish trend below 457. on all base metal a heavy declined is especially in nickel, zinc and copper.

However in energies commodity crude oil shown consolidate position near 6440 since morning at MCX. If rupees close more bearish below 62 then crude oil might be seen in downside below 6400.

SELL GOLD OCT BELOW 29880 TGT 29850 / 29800/ 29700 SL 30025

SELL SILVER DEC BELOW 48200 TGT 48100/ 47950/ 47800 SL 48600

SELL COPPER NOV BELOW 457 TGT 456/ 454.50/ 453 SL 460