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Showing posts with label base metal movement. Show all posts
Showing posts with label base metal movement. Show all posts

Monday, 16 June 2014

Mcx commodity intraday gold tips| Ncdex monday updates


MCX crude oil prices have gone beyond Rs 6,400. International markets faster and weaker crude oil prices took support is Rs. The weakening of the rupee against the dollar has risen today. Natural gas prices rose nearly 1 per cent on MCX is trading at Rs 287.3.
MCX gold price has risen to Rs 27,000. Also, with a gain of 1% silver is trading above Rs 42,000.
Base metals have also gone up. All metals have increased by 0.5-1% on MCX. Metals have received support from a weaker rupee. Copper rose nearly 1% to Rs 405. Lead rose 0.5% to Rs 125 to Rs. Aluminium 0.6% , 0.9% nickel and zinc declined 0.3% .

Chana futures have increased strongly. NCDEX chana June futures rose nearly 1% to Rs 2,900 to Rs 2,800 and above July futures are traded. Monsoon in kharif pulses cultivation areas is lagging prices took support. Gram price is still significantly below the MSP.

Mcx gold sell 27000 targets 26900/26800/26600 stoploss 27290

Tuesday, 18 March 2014

Mcx commodity evening tips| crude oil trend| Base metal tips

Sharp decline in gold prices in the domestic market. Especially hedge the price of gold on NCDEX slipped 1.5 per cent. MCX gold is trading down 0.6 per cent to Rs 30,200. Silver also dominates selling. MCX silver 1 per cent fall has come down to Rs 46,300.

MCX crude oil is trading up Rs 6,000 . The NYMEX crude prices had slipped down to $ 98 . The Brent crude is trading below $ 107 . Ukraine about the case because of restrictions on Russian crude oil remains under pressure since yesterday . Today the American Petroleum Institute 's report is forthcoming . MCX Natural gas fell 0.5 per cent to Rs 275 has arrived .

Base metals have gone up today . Despite the appreciation of the rupee in the domestic market, all metals including copper are traded on edge . Nickel gained 1.5 is the highest . MCX Copper is trading 0.7 percent higher at Rs 404.6 . Aluminium 0.3 per cent , 0.25 per cent lead and zinc has gained 0.3 per cent .