Create Your ad Here

Showing posts with label crude updates. Show all posts
Showing posts with label crude updates. Show all posts

Monday, 3 June 2013

Monday gold silver trend |support and Resistance| free intraday commodity tips| live lead,zinc, nickel and copper tips for 03/06/13

Today commodity market open in a green side bullion gain a good opening lead on commodity MCX market.  At Multi commodity exchange gold prices are open at 26895 against its previous close 26811. On intraday trade gold are looking to show a mixed reaction with a strong support level.
S1: 26500, S2: 26325
R1: 27200, R2: 27525
White metal silver is more positive in domestic market for future delivery, silver for July delivery open at 43636 against its last close 43504. In morning session MCX silver for July delivery trading with a high note on early session and expected to follow similar trend with a mixed reaction in afternoon trading at Multi commodity exchange.
S1:  43000, S2: 42800
R1: 44250, R2: 44400
In energy crude, natural gas is trading in negative side, MCX natural gas for June contract open at 226.50 against its last close 227.10.  While crude in domestic market are continue diminish in its position on Monday morning at Multi commodity exchange for future delivery it open at 5227 at same position it close last. Today both natural gas and crude expected to trade in bearish side with small correction in evening trade.

 FILL TRIAL FORM..............AND GET ONE WEEK FREE TRIAL

Meanwhile mentha oil are more positive at MCX for future delivery, today it open at 928 gain a lead of +6.40 on intraday trade against its last close. On intraday trade for June delivery mentha oil are showing a bullish trend for whole day and expected to trade in the range of 960 to 915.

Base metals are open with a good level with a green flag, MCX copper for June trading taking a strong support from china and expected to move up on intraday trade with a bullish trend. Similar trend are following by other metal. Nickel, lead, zinc all are on green side with a small correction in yesterday closing price.

INTRADAY COMMODITY TIPS

Buy silver above 43750 tgt 43800, 43900, 44100…………..sl 43300

Buy copper above 415.50 tgt 416, 417, 419………sl 411

Buy nickel above 842.50 tgt 843, 845, 850…………..sl 832

Buy lead above 125 tgt 125.50, 126, 127………………..sl 123

Buy zinc above 108.50 tgt 109, 109.50, 110……………….sl 106.50

Buy mentha oil above 938 tgt 940, 945, 950……………..sl 926

Buy gold above 26850 tgt 26900, 26950, 27000………………sl 26600





Friday, 24 May 2013

MCX live tips| today gold,silver tips and Evening commodity updates for 24/05/13

After morning strong lead gold silver fell to continue on track, today it open at 26463. At MCX for future delivery it touches a high of 26537 with a low of 26272. Similarly on early trade gold rose 0.30% to $ 1394. Meanwhile white metal are also open in green side but open interest not supporting the trend and silver touch an  intraday  low of 43211. On Friday early morning silver shows some positive reaction and touch a high of 43665.
In evening bullion looks to bounce back with some correction in domestic commodity market. At Multi commodity exchange for future trade bullion might be work high in upcoming weeks.

Copper at Multi commodity exchange traded high on early hour but after touching a day high of 409.70 it falls in reverse direction and trading at negative side a touch a low of 406.40, today it open at 408.20.  Similarly today nickel for May delivery open at red side to 828.30, form morning it show a bearish trend. 

Today it touches a high of 830.40 with a low of 823.
Today MCX lead and zinc show choppy movement with positive reaction, lead for May delivery open in down side but continue a positive movement in intraday market. Global lead demands are increasing in Asian market, which favors domestic market and in upcoming month a good sell are supposing on domestic and global market.

Domestic crude are trying to recovery with a small correction, today it open at 5215 at same position where it close on yesterday.  Crude for June delivery touch an intraday high of 5250 at MCX. On evening session crude oil is expected to trade quite positive in the range of 5185 to 5289.

Today MCX calls

Sell silver below 43200 tgt 43100, 43100, 42900 ----……….sl 43800

Buy crude oil above 5230 tgt 5240, 5250, 5260………sl 5200

Buy lead above 113.90 tgt 114.20, 114.70, 115.50……………sl sl 111

Buy nickel above 826 tgt 828, 830, 835……………….sl 815

GET MORE MCX TIPS BY CLICKING ON IT ,,,,,,,



Wednesday, 22 May 2013

MCX tips for today: support and resistance for silver and gold- Today trading Level-commodity face and crude oil updates for 22/05/13


Today commodity market pen with a mixed reaction, if we are talking about bullion it open on green side but MCX crude oil and cotton are on red side.  In today trading crude oil for June delivery looks bearish with a negative trend. On overseas market Brent crude oil traded near $ 103.56 and hopes to down more in remaining session.

On domestic market crude oil is expected to trade in the range of 5280 to 5368.
Meanwhile after open in green side gold and silver fall down in red side and carry on more reaction towards down side. Today good for June delivery open at 26174 against its previous close 26110. At Singapore gold traded higher due to strong demand from Chinese market.

Support:  25810, 25600
Resistance: 26240, 26400

FOR FREE  COMMODITY CALLS FILL THE FORM 

On Wednesday, morning silver open at bit higher than its last close and open at 43202 it last is 43170. Currently bullion is on under pressure and trading with a low demand in Asian market.   Open interest not supporting the trend and that help to silver play in negative side.

Support:  42850, 42700, 42575
Resistance:  43400, 43590, 43780

Base metal are playing in more comfort zone, today MCX copper, nickel , zinc and aluminum all are open in up direction. Copper and nickel are looks more confident in domestic market. MCX coppers for June delivery open at 410.50 against it last close at 409.70.

Nickel open at 832.40 against last close 830.10 and expecting to move on higher in today trading with a bullish trend. While some correction is going to seen in zinc, lead and aluminum is today trade from its open position.

Mentha oil are looks much volatile in last two trading session, in which it kisses the level of 1000 and traded more up at MCX.  Today it opens at 1028 much higher than it yesterday close at 1000.80



Monday, 20 May 2013

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

  









Wednesday, 3 April 2013

South Korea and North Korea issue effect on commodity market and base metal trend and today tips for 02-04-13


Today bullion open in positive but fall on domestic market due to issue between North Korea and South Korea. The issue between this country and interfering of China and US result in falling price of gold and crude.  Today Mcx gold open at 29505 bit positive form yesterday close.  On MCX for April delivery gold prices go for maximum of 29525 with a low of 29432. There is also a fall in open interest that by more than -15%. Gold is expected to turn on green side around 6:30 pm and may be it crosses the 29600.
On MCX silver form morning no positive movement had seen from its opening price it continue falling and touch a intraday low of 52501. Today MCX support a bearish trend, on Tuesday morning it opens at 52847 and from that position it fall on MCX for May delivery. On MCX silver price is look very dull and negative but some positive data is expected from silver on evening.
Crude oil on domestic market looking on red deep side, an issue between North Korea and South Korea affect its price. MCX crude oil for future delivery opens at 5281, with an intraday high 5292 with a low of 5268. Crude oil are look little slow and dull on MCX while trading on spot market. Low positive movement may be expected in evening with mostly on red side.
Base metal are bearish and showing a red flag on MCX. Nickel for April delivery trade low and negative side, today it open at 908.70 and from its opening position trying to move to green side but falling in china market result base metal on negative side.  Copper, zinc, aluminum and lead all are traded with a sloppy movement. Some corrections are required on base metals.

BUY MENTHA OIL ABOVE 1048 TGT 1050, 1055, 1060…………….SL 1036

SELL COTTON BELOW 19210 TGT 19200, 19180, 19150.SL 19270

BUY CRUDE OIL ABOVE 5290 TGT 5300, 5310, 5320…………….SL 5260

SELL SILVER BELOW 52480 TGT 52440, 52360, 52280……………..SL 52680

Wednesday, 27 March 2013

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





Thursday, 7 February 2013

06-02-13 Best intraday commodity trading tips and commodity market news


Today commodity market open with a red shade, gold and silver looking in bearish trend .gold continue its res session while silver yesterday was looking in green side. For today intraday trading gold and silver both are expected to trade low, but some positive movement is expected in middle of session.

Support level for gold is 30350 with a resistance level of 30800
For silver support level is 57600 and a resistance level of 58950.

Sell silver below  58200 tgt 58150, 58100, 58050-----………..sl 58500

Sell gold below 30590 tgt 30570, 30550,30500……………sl 30610

for free commodity tips fill the trial form....

Natural gas for 25 Feb on MCX trading green side, it open at 179.50 and its previous close is 178.90. on MCX natural gas touch an intraday high of 181.70 and expected to trade higher.

Buy natural gas above 181 tgt 182, 185, 190………………sl 175

Crude oil on domestic market as well as global market fighting with lower demand that the reason behind its down trend. In Indian commodity market at MCX crude oil open at 5140 and from that position it’s continue falling and touch an intraday low of 5132.

Sell crude oil below 5135 tgt 5130, 5120, 5110………..sl 5159

Sell cotton below 16570 tgt 16560, 16540, 16510……….sl 16625

Buy mentha oil above 1312 tgt 1315,1317, 1320++++…………sl 1306

 for more commodity tips click on commodity call 




Tuesday, 15 January 2013

15-01-13 MCX commodity market news


Today on the MCX commodity showing lots of red, but top commodity are on the positive side. On the domestic market silver is going higher due to the pos t pone of GAAR (General Anti Avoidance rules). GAAR is post pone for 2 year and their effect on the domestic market showing a positive result On the MCX. In the bullion market it is expected that the movement in the silver is very volatile today, while gold is movement is looking positive due to the strength in the dollar price. In the early morning white metal is open at 58853, 110 point high to previous close 58743. In the morning silver show a good movement and touch an intraday high 58929 and a low of 58765. Currently bullion is trading with the green flag and move towards positive direction.
Base metal is showing a red sign on the MCX, nickel showing a positive move at 10:25 am. Movement on the nickel is expected low today .nickel is trading in the range of 937 to 954.  Copper for feb contracts is expected to trade positive today on the MCX.  On the Chinese market demand on the copper is expected to increase that will surely give some support to MCX copper position.

Today calls

Buy silver(5 march) above 58875 tgt   58900, 59000, 59100………………..sl 58332

Buy cotton (31 jan) above 16290 tgt  16300, 16320, 16340…………..sl 16200

Sell crude oil (21 Jan) below 5110 tgt 5100, 5080, 5070……………sl 5200

for free trial fill the form............



Thursday, 10 January 2013

Afternoon commodity base metal tips


Bullion(gold and silver)

After the morning red sign MCX is comes to the other direction.  Bullion comes to the positive side after the morning red cover.  Today in the morning gold fallen by more than -100 point but now working in the good green side.  While the silver moving towards the positive side and expected a good sign in the left session. Movement in the yellow metal is volatile and expected to go lower.

Base metal

 Meanwhile the base metal is looking positive today, a good move is watching on the copper. Copper up by 3.55 point high and comes to 450.95 at 3:00pm and expected to go higher. Nickel Jan contract   move with a green flag on the domestic market.  Today nickel jump by 2.70 point On the MCX at 3:04 pm. Nickel have a strong resistance of 980, with a support level of 955.

Mentha  oil

 Mentha oil has fall by 28.10 at 3:09 pm, today its open at 1413.40. Mentha oil has lost its position form the yesterday closing. Demand in the Mentha oil has reduced this year.

Today buy calls

Buy silver (5 march ) above 58120  tgt 58150,58200, 58250…………..sl 57800

Buy nickel (31 Jan) above 965.50 tgt  966, 968, 970…………sl 955

Buy copper (28 Feb) above 450.60 tgt 451, 453………….447


for free trail fill the form.........and get accurate  commodity tips

10-01-13 copper-crude-cotton- updates


Crude
Today crude oil on the MCX is looking positive and running with a good support around 5076 and a strong resistance of 5143.  Global crude also showing a positive data, US crude oil stock is climbed around 2.4 million barrel last week. This week crude is expected to trade between 5040 and 5190 on the domestic market. Currently crude oil is moving positive and expected to go higher this week.  Yesterday crude oil is closed at 5106, and today opens at 5111. Demand in the crude is week in the Last week and expected to same in the first quarter this year.
Copper
Copper for February contract is trading positive in the early start, yesterday copper is closed at 447.40 on the MCX.  In the domestic market copper is fighting with a lower demand and supply. Whereas global copper position is very volatile in the market, today copper open at 447.60 and goes 0.75 point high at 10:52am.
Cotton
This year cotton has lost its momentum there is a continue falling in the price of the cotton .yesterday cotton is closed at very low of 16430 and today also open at down side by -60 point. Cotton has affected by the lower demand in it global as well as domestic market. Today we may see more fall in the price of cotton.

Today calls

Sell cotton (31 Jan) below 16350 tgt 16340,  16330, 16310……sl 16420

SELL GOLD FEB BELOW 30745 TARGETS 30722 , 30697 , 30669 STOPLOSS 30788.

Sell copper  (28 feb) below 447.50  tgt 447 , 446.70, 446………..sl 449

 For free trial fill the form



Tuesday, 8 January 2013

Bearish base metal movement


After the good start on the MCX base metal fall in the other direction. Meanwhile the movement in the bullion is still low, silver is continuing with the green flag. On the other hand the movement in the gold is not looking in the good condition. Crude oil lost it position and showing lots of up and down in the market. Indian government raises a import duty on gold by 2%. Due to this bullion is required a strong support level.
Today the movement in the commodity market is not strong. Rupees position also affects the movement of crude and gold on the Indian market. Mentha oil support a red sign for the Jan contract.

Today calls

Buy gold  tgt 30950, 31000…….sl 31500

Sell cotton tgt 16420, 16400…..sl 16500

for free trial fill the form............

MCX commodity news and tips


Precious metal
Silver price on the MCX is on very good position to trade; it is looking positive on the market. Silver is ranging a high modification due to the strong gain in the Comex of 0.44%. On the MCX silver for March contract is trading with a green flag with a hike of 273 point at 10:31am from its previous close. Similarly yellow metal also trading positive on the MCX but the moment is not very high. There is a little increment in the position of gold. Gold goes 85 point from its last close at 10:35 am.

Base metal
Base metal is looking positive today the moment in showing a green flag on the MCX. If we talking about the copper, changes its position by 1.30 point from its last position and looking in good position today. While the nickel holds is position towards the green side and goes 3.50 point high to its last position. Today market is looking very volatile and I expected that I it very difficult for base metal to hold their position.

Crude and Mentha oil
Crude oil is Jan contract is moving with a positive side, it is expected to trade flat position today and can see a positive movement in the crude oil. Crude is trading positive on the Tuesday morning with a gain of 19 point to its last close at 10:47 am. Meanwhile the Mentha oil is very  risky today to trade, on the MCX Mentha oil is open towards the down side but immediately it gain a good move a touch a intraday high of 1431070 and again loss its position and traded at 1426.30 .

Cotton
Now the cotton grab their position in the market as compare to its last week where cotton is very unconscious but I this week cotton in the good move and hoping to touch a target of 16600 in this month. Currently cotton is ranging between 16350 to 16530. Today cotton is looking a good move to trade in it if you are an intraday trader.

Today  buy calls

Buy cotton(31 Jan) above 16450 tgt 16480, 16500……..sl 16400

Buy gold (5 feb) above 30940 tgt 30100, 30200,30300………..sl 30700

Sell crude oil (21 jan) below  5160 tgt 5145, 5130………..sl 5200



to get a free tips fill  the form..........and get a commodity tips




Thursday, 3 January 2013

03-01-13 commodity tips


Financial minister P. Chidambaram has said the government is considering a step to reduce the import f gold. A huge import of gold deflects the current account. RBI making a scheme by which they provide a relaxation on gold.
On the MCX gold price is very volatile and the movement is not very satisfactory in the morning session.   Currently gold is trading in the positive direction up by a 57 point from its last trading at 2:30pm.
Meanwhile the movements in the silver give some relief on the early trade; yesterday silver crosses the point of 59000 marks.
Base metal is looking tired today, the market is showing a constant position. After the fiscal problem solved base metal is watched in the green side. Nickel movement is showing some change from the afternoon its goes 9 point high to its last close position.
Movement in menthe oil is showing red flag from the last traded session and helpless to recover from that position but is expected to go high in the next trading session.

Today MCX buy calls

Buy nickel (31 Jan) above 972.30 tgt 973, 975, 977.90………sl 965

Buy silver (5 march) above 59040 tgt 59100, 59200,……..sl 58800

MCX SELL CALL

Sell menthe oil (31 Jan) below 1428.70 tgt 1428, 1425…..sl 1440

for free trial fill the form........


Wednesday, 2 January 2013

commodity news and calls for today


Bullion
Due to depreciation in dollar price gold is showing a red sign, in the early trade on Tuesday morning. Dollar price is down by -0.15 against Indian rupees. The global gold price is also not in very strong position it is expected to trade between $1680-$1690. While on the MCX gold for February contract is traded low today, gold is expected to trade between 30550-31560. While the white metal is showing a good trend in the early trade it goes +180 point high to its previous close. Rupees position support the white metal and other base metal.

Crude oil
Today crude showing a strong position on the MCX, as we say earlier the crude is going to be eye catching this year. Crude oil is up by 28 point high from its last close for January contract at 10:36 am. The global crude position is going to be stronger this year. The crude in the Us is hold a good position.

Cotton
The movement in cotton is very volatile today ,currently cotton is moving with the red flag, but the  cotton have a strong support today 16700 and with a resistance of  16500.

Nickel  
Nickel has been a very worst performing metal in the last year in the domestic as well as global market. Nickel has fall 20% in the previous year but this year nickel made positive movement from the starting of the year. China demand is going to high in base metal and it provides a support for nickel and other base metals. Today nickel for January contract on the MCX is running with a positive green flag and up by 5.60 point high by its last trade.

Today  buy calls:-

Buy silver above 58100 tgt 58200, 58300,,58500,…….sl 57560

Buy nickel above 953.90 tgt 955 ,956., 958……sl 948

Buy crude oil above 5060 tgt 5070, 5080 …sl 5035

Today sell calls

Sell cotton below 16580 . tgt 16570, 16560 ,16550 …………..16640

Sell gold below 30840 tgt 30800, 30760………sl  31200

for free trial fill the form........



Thursday, 20 December 2012

mcx commodity news updates



Firstly congrats to the most capable person for prime minister post for their local win. Today election result gives a new fresh movement to the domestic commodity market. Movement in the commodity market is not higher today but is expected that the entire commodity take a jump after the 4 pm. Bullion running with a green positive flag, as I told the 2013 is for the bullion the range of silver between 53000 to 78000.white metal is expected to grow as their fastest movement in 2013 and touch a all time high. This will help the economic growth of India. Meanwhile the movement in the gold is also carrying some good movement between the second quarters of 2013.  The price of dollar is also taking a good lead against India currency. While in the global market the base metal will also get success in the 2013. On the MCX today gold is in the good position to trade. It goes 97 point high at 1:56 pm from its previous close. The similar movement seeing in the white metal it goes 63 point high at 1:57 pm to its last close. Crude oil loss it position due to the Middle East problem, the Asian market also not in the good position. The fiscal cliff gives a help to the crude oil from recovering to its position. Let see what US fiscal cliff change in the world of economic and commodity.

Today calls
 
Buy gold tgt 30950…31000……..sl 30600

Buy silver tgt 59700 …59800…59900……sl 59200

Mentha oil tgt 1370….1380…..1390…….sl 1330

fill the free trial form to get commodity tips........

Monday, 17 December 2012

Today commodity updates tips



Today the moment in gold and silver is working not very high ,is gone with a small point .yesterday gold is closed at Rs 31208 .everyone  is waiting for the fiscal cliff result ,what happen and did it affect the  bullion price.. This are the question hits in the mind of trader and financial Guru. Gold price is going down by 10 point at 2:10 pm today; the movement is expected after 03 pm on the February contract. The movement in silver is not expecting from the last week but it can we expected the good moment today , silver goes 84 point high from its previous close at Rs 61347 at 2:15 pm. Currently silver is in very good position to trade. Meanwhile the global bullion is taking too much up and down in the last week. Crude oil for February delivery is rise up 15% in the New York, Meanwhile china is expected to consume 9.9 barrels per day  for the last 3 month of this year. Crude oil for December delivery on the MCX is traded positive in the market tomorrow is the last day of contract, crude jump 28 point high on the MCX at 2.26 pm.
In the Indian house hold grocery rate is increased by 15 percent despite of weak demand. FMCG product is going high again and government is sitting by putting a hand on hand. This will surely affect the consumer household activity.

Today calls:-
Buy gold tgt 31275..31325….31400………..sl 31858
Buy silver tgt 61500….61600….61700…….sl 60900
Buy crude oil tgt 4770….4785……….sl 4720


Monday, 10 December 2012

today mcx commodity news updates


On the MCX bullion again get their speed on the Feb contract. Today the yellow metal is open at 31348, 22 point high from its previous close. Its current price is 31360, 34 point high to its opening price at 11:02 am. Today gold is expected to trend with a support of 30900 and a resistance of 31755. While the white metal is on the flow of top gear moving towards 63000, today on the March contract silver open at 62658 its previous close is 62582. Its goes 150 point high at 11:07 am. In the global market silver consolidates a strong position and many experts predicted that it will goes a higher and break its all time record in the 2013. Similar situation is going to the oil market. In the Chinese oil market production is rise by 10.1% in November .the Chinese economy is covering with such production. On the MCX crude oil for December delivery is trading with a positive node its previous close is 4695, on the last trading there is good movement which is continue In Monday morning too. Meanwhile base metal Is also looking good today, today lead have a good movement on the MCX, its trading with a resistance of Rs 123 with a support level of Rs 119.8, its current price is 121.25 at 11.25 am.

Today MCX calls:-

Buy gold (5 feb) tgt 31400,,31500……31550……….sl 30900

Buy silver (5 march) tgt 62900….63050….63200…..63400……….sl

Buy cotton (31 dec) tgt 16455….16470…16490………….sl ……….16400


SELL COPPER FEB BELOW 446.5 TARGETS 445 , 443.5 , 442 STOPLOSS 449.5 

 BUY CRUDE OIL dec ABOVE 4710 TARGETS 4725 , 4740 , 4760 STOPLOSS 4680 

buy Mentha oil  tgt 1490 ...1500...1510.......sl 1458


to get free trial fill the form.....and get best commodity tips



Monday, 3 December 2012

today commodity updates


Election in the Gujarat may work as the support level for the commodity market. Narendra Modi is the only one who is can change the map of India. Gujarat is most successful state in the India in the business term. Narendra Modi is the most capable person for the post of prime minister and it’s expected that he will surely win; the whole country is in the support of him if he is a business man or a normal person. On the MCX bullion is now again comes to its path, today bullion and top script are trading on the positive node. Today gold is move up by 130 from its previous close at Rs 31271;at 12:15 pm today gold is expected to be trading with a support level of 30850 and a resistance of 31700. Similarly silver is also in the good position to trade for intraday trader, today it takes a jump of 550 point and comes to 61850  from its last position of 61301. Meanwhile the crude and the base metal are also in the green side, crude oil for 18 December contract trading with a high of 29 points at 12:21 pm its previous close 4847.Meanwhile good news from the china market give a positive trend to base metal. The growth in the state sector investment helps the china economic which is recovering from economical damage. The manufacturing has gained a momentum with the help of strong output growth.  Job creation has recorded in the month of November for the 9th successive month.

Today  MCX calls:-

Buy gold tgt 31300….31400………..sl 30900

Buy silver tgt 62000……….62100…….sl 61500

Buy crude oil tgt 4885…..4900………sl 4850
   
               

Thursday, 29 November 2012

Bearish gold silver commodity news


Today commodity is showing a red dark sign In the market, on the MCX there is a deep Sharp fall in all the commodity. In the domestic market this is the first time in this week when there is deep fall on the MCX. Today bullion break the back bone of the MCX by downing more then 800+ point combined, silver goes -600 point to its previous close while gold goes -250 point. Today the support for gold is31500 and resistance is 32471; similarly silver has a support level of 62250 and a resistance of 63580 for the December contract. This is the same situation on the crude oil but there is not too much fallen. Meanwhile in the global market base metal is also closed at lower side this is due to strengthen in the dollar price yesterday session.
Today Mentha oil has a good support level and is the top commodity that’s trading with a green sign. Mentha oil is going 22.90 point high at 1.54 pm on the MCX 30 November contract. Today there is a very high risk to trade in the market. The position is very unstable in the base metal and the market is looking to go more with red sign today. 
Today’s MCX calls:-

Sell silver tgt  62300….62350……………

Buy menthaoil tgt 1375….1380………..sl 1350..

Buy gold tgt 31650….31700..