Today Rupees fall to 68/dollar || gold silver prices high at MCX and Intraday Jackpot calls for 03/09/13 wednesday

Today Rupees again slip to the level of 68.01 per dollar at inter bank foreign exchange. A huge correction is seen on gold and silver on this week,in this two days silver recover more than 6% or 4000 rs per kg. Currently silver prices are trading near 56305, while gold price at 33700 per 10 gram.

All commodity are on the hard pitch and expected a more score on today session, if we look base metal Mcx copper and nickel for future delivery rose up high today copper prices cross again the level of 500 and touch an intraday high of 504.80 while nickel made a high of 940. a soft mild correction is also watched in lead and zinc prices at MCX for future delivery.

Energies commodity also got fire in afternoon session, today natural gas again cover up the level of 250 but not looking to forward that position for a long time, today Mcx natural gas for future delivery made a high of 252,while mentha oil touch a high of 953. Crude oil for future delivery break again the level of 7350 and made a hike of 7377 per barrel.

Today tips

BUY GOLD OCT ABOVE 33750 tgt 33800, 33870, 34000 STOPLOSS 33450

BUY SILVER SEP ABOVE 56450 TGT 56550, 56700, 57000 STOPLOSS 55900

BUY CRUDE OIL SEP ABOVE 7350 TGT 7370, 7390, 7430 STOPLOSS 7270

BUY COPPER NOV ABOVE 502 TGT 504,506, 510 STOPLOSS 497

BUY NICKEL SEP ABOVE 937.50 TGT 939, 942, 950 STOPLOSS 927

MCX gold silver trading level || Evening MCX buy sell tips || live gold silver rates and MCX chart

Bullion

Gold price in global market hit a record low and comes below $1200 on Friday since August 2010. On spot market gold hit a low of $ 1180.71 an ounce. If we talk about domestic MCX market gold prices are trading flat bearish from its opening position 25247 for future active contract on intraday trading it touch a low of 24970, more depreciation are looking in evening session. Dropping in dollar against Indian currency fells gold price in domestic market. Moving towards white metal it trading against yellow metal with positive flag, on intraday trading at MCX silver prices are looking in good level but a fluctuation in silver prices are looking in evening trading session for future trading.

Energies

Crude oil and mentha oil are trading just in opposite direction, mentha oil are in positive direction after opening at 982.70 but on other hand crude oil  are looking in red side. Today at MCX crude oil open at 5840 and touched an intraday low of 5805. More depreciation is expected in crude oil with some correction in remaining session.

Base metal

MCX nickel, copper all are in bearish node for future delivery, today copper touch a low of 400.45 on intraday traded after opening in negative side at 402.65.

Nickel fall more than 10 point on intraday trade and touch a low of 818.50.

Lead touches a low of 121.50 and expected to trade more in deep red side.

Today MCX tips

Buy silver July above 38950 tgt 39000, 39100, 39250…..sl 38600

Sell gold August below 24990 tgt 24960, 24900, 24850… sl 25190

Sell crude oil July below 5805 tgt 5800, 5790, 5780…sl 5830

 Buy mentha oil June above 995 tgt 998, 1002, 1005… sl 975

Sell lead July below 122 tgt 121.50, 121, 120.50 ..sl 124.50

Evening trading calls|| Live commodity market chart and MCX tips for today

Today gold futures prices are diminish by more than -150 point on intraday trade; due to increase in metal import duty by 2%, now metal import prices comes to 8%.  Bullion market are trading in red side on Thursday, currently yellow are on weak side on intraday trade it touch a high of 27749 with a low of 27490. At COMEX gold prices slumped by $14.70 to $1397.20 an ounce.   Silver price also follows the same trend and in MCX looking to come on green side in evening trade. In evening trade bullion are looking to recover its position after a low trading session.

In energies mentha oil are trading in green side, in this week mentha oil showing a volatile movement at Domestic future trading at MCX.   While natural gas and crude are trading in red side in today morning session but some correction are looking in evening trade.

Evening trading calls

Buy gold August above 27700 tgt 27750, 27800, 27900

Buy silver July above 44450 tgt 44550, 44650, 44700……………sl 43800

Buy nickel June above 862 tgt 865, 868, 870…………sl 850

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