26/08/13 MCX TIps: Today MCX copper and Natural gas Jump on early trade || intraday gold silver tips for today

Good morning friends, on starting of new week domestic Commodity market Mcx show a full on green, Mcx gold prices again ready to continue its positive momentum, today its open at 31806 and expected to show a volatile trend in today trade, while if we move to silver prices its open at 53700 a big gain on opening day against its last close of 53473 per kg. After sharp recovery in Dollar prices crude oil prices looks in good level, and hope to trade in positive side today at MCX.

On Monday morning a good opening had seen in base metal especially in Copper prices , today Mcx copper for august delivery open at 476.45 and raise by 0.87% on intraday trading. However same trend are watched on natural gas for future delivery today it open with bit correction in its last closing and open at 224 , a sharp correction with an increment by more than 1.50% had seen on early hour of trading at MCX.a positive day a seems on natural to book a good profit.

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Intraday calls

BUY NATURAL GAS SEP ABOVE 226.80 TGT 227.50, 228.50, 230 STOPLOSS 223

BUY GOLD OCT ABOVE 31850 TGT 31890, 31950, 32050 STOPLOSS 31670

BUY SILVER SEP ABOVE 54000 TGT 54100, 54250, 54400 STOPLOSS 53650

Today MCX silver fall by more than 4%||Monday MCX commodity trend and MCX tips || live intraday tips

On Monday morning a huge destruction is seen in bullion in domestic market. Gold and silver shows a full of red after open in down side at MCX, gold for June delivery open at 25790 against its previous close at 25835. On intraday trade gold prices touched a low of 25374 and expected to more reverse movement in red side.

Intraday resistance: 25875 , 25940

Intraday Support 25300, 25210

MCX

Sell gold June below 25400 tgt 25370, 25330, 25250……………sl 25550

MCX silver for future delivery fell by more than 4% on Domestic market, today at MCX it open at 42550 and form that position it continue fall and touched an intraday low of 40749. Silver demands in domestic as well as overseas market not support the trend and fell to hold the market. Silver is looking bearish for medium long term and support a strong downtrend.

Intraday resistance:  42750, 42900

Intraday support: 40500, 40300

Sell silver below 40850   tgt 40800, 40700, 40600----………….sl 41800

MCX crude oil also follow bearish trend with bullion, today crude oil trend not supporting the open interest.  MCX crude oil for June delivery opens at 5291 bit low against its last close and touched an intraday low of 5266. Some correction might be seen in crude in evening session but for whole day it seems to be bearish.

Sell crude oil below 5300 tgt 5290, 5280, 5260……….sl 5340

MCX base metal supporting a mixed trend, copper are looking bearish after open at 405  and continue to fell from its opening position.  On day trading copper prices touched a low of 401.60 and expecting to more fall in today trading at MCX. While MCX nickel shows a mixed reaction for May delivery   after open at 813.20, on intraday trade it touch a high of 816.80 with a low of 811.40.

Sell copper June below 402 tgt 401, 400, 398……..sl 406

Sell nickel May below 812 tgt 810, 808, 806………..sl 818

MCX mentha oil looks positive in market and expected to show green, for today trading it support a bullish note. Today for future delivery it open at 930 and touched an intraday high of 943.20 with a low of 929.50.

Buy mentha oil above 938 tgt 940, 943, 950……….sl 926

  

MCX commodity trend for today and MCX gold silver tips for 26 march

In domestic market oil prices are going on high but in Asian market that are affected and falling in Singapore, whereas in New York May delivery had fall by 9 cent to $94.72 per barrel.  On MCX crude oil prices for 19 April are open at 5158. On intraday market it touches a high of 5185 with a low of 5157. For today trading some higher also expected in crude prices and hopes to crosses the level of 5200.  

Buy crude oil above 5180 tgt 5190, 5200, 5210……………sl 5150

Today base metal show down trend, MCX nickel prices are showing a mixed reaction on early trading it touches an intraday high of 921.70 with an intraday low of 915. Some positive movement is expected in evening session. Whereas MCX copper prices are looking to comes in green side and expected some positive movement in evening. Copper for 30 April delivery open at 416.60 and it touches an intraday high of 417.60 with a low of 415.40.

Zinc price are drop by more than 0.29 per cent on MCX for future trade. On MCX  it open at 104.20 and on early trade it reflect a negative data while for 28 march delivery it goes up and touches an intraday high of 104.40 with a low of 103.90.

Gold prices are dropped down by more than 0.35% for April delivery. Global gold prices were also trying to recover; US gold also lost by 0.5 % an ounce. Today at MULTI COMMODITY EXCHANGE gold prices are open at 29555 and from that position it fall and touches an intraday low of 29435. For intraday gold prices are expected to show some correction on evening.

MCX silver fall by more than -200 point for may delivery. From morning no positive movement had seen in silver from its opening position and on intraday it touches a low of 53924.

 Cotton show mixed reaction on intraday trading for 29 march contract. At Multi commodity exchange it open at 18440 in early traded cotton trading low a touch an intraday low of 18320 while after some time a huge correction had seen in it and mcx cotton touches an intraday high of 18710.  

Sell gold below 29450 tgt 29420, 29380, 29350…………………sl 29550

Sell silver below 54000 tgt 53950, 53900, 53800……sl 53200