22-02-13 best commodity to buy today and commodity movement|commodity tips

Today base metal open with a low positive trend on MCX, in domestic commodity market base metal and bullion metal are showing e negative trend.  Government is thinking to increase the import duty during this fiscal year on some metal.  Currently on Indian market gold and prices are very volatile and unpredictable.  In intraday gold is on negative side but for future its has a strong support level of 29550 with a resistance of 29850.

For intraday trading 

Sell gold below 29620 tgt 29570, 29520…………..ls 29720

Sell silver below 53950 tgt 53850, 53750, 53700……..sl 54200

Sell crude oil below 5080 tgt 5070, 5060, 5050………sl 5110

Buy mentha oil above 1474 tgt 1480, 1485, 1490………..sl 1458

Buy cotton above 17750 tgt 17780, 17810, 17850,.sl 17650

15-02-13 intraday live MCX commodity tips and commodity market news

Today’s  base metal showing a medium reaction on MCX, Nickel open positively and showing a slow little movement.  For intraday trading nickel is good to sell below 983. Resistance for nickel is996,998 with a support level of  972,970. Today on MCX copper is open at 445.35 slightly low from yesterday close. for intraday copper showing a strong upside movement with good volume .

Sell nickel below 983 tgt  981, 979,975………sl 991

Buy copper above 446 tgt 447, 448, 449……sl 443

Today Gold is open at downside by -21point and open at 30442. Some positive movement is expected from gold in the afternoon. In the early morning both metals showing red color. On one hand gold touch an intraday low of 30378 while silver touches an intraday low of 56500.

Sell silver below 56550 tgt 56500, 56450, 56350…………sl 56750

Sell gold below 30375 tgt 30350, 30300, 30275………sl 30475

On MCX cotton is the most top gainer from last week, cotton continue its good performance today also and open 17140 and touch an intraday high of 17210. Cotton is expected to go higher on intraday trading.

Buy cotton above 17140 tgt 17160, 17200, 17230…………..sl 17050

Sell mentha oil below 1375 tgt 1372, 1369, 1365………….sl 1385