commodity bullion tips updates

On the last day of the 2012, commodity market is looking good top most commodity is moving positively on the MCX. Bullion are trading positively today white metal is in the strong position goes 136 point high in the early trade form its last close. Economy are lots of depend on the bullion and it is very important that bullion perform well in the 2013. As we say the market is very good in the 2013 for a commodity market. But the most economist are predicted that the recession in the first half of 2013 let’s see what happen. On the MCX gold is trading with a low movement today and expected to be go high in the second session of the day. Meanwhile the base metal and the cotton is doing with a positive flag, cotton goes 110 point high to its previous close at 10:35am. Today cotton is the best script to work if you want to trade safe and secure.

Today’s buy calls:-

Buy silver above 57780 tgt 57890,58000,,58100………sl 57320

Buy cotton above 16610…tgt  16630..16650……..sl 16570

Buy gold above 30713 tgt  30750, 30800,30850………..sl 30510

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

Evening gold silver updates

India’s domestic diesel consumption is decreased by 7.2% in last 2 month .the fall in consumption growth result in rise by 14% in retail diesel price affected by  Indian government in September is the top hike in last 15 month. However the demand of automobile sector is increased and the diesel vehicle is also on the demand. People have attracted towards highly price luxuries vehicle. Crude oil on the MCX is trading with a red sign; its previous close is 4700 it is down by 25 point to its previous close. Today all the top commodity on the MCX is trading with a red ht sign.  If we talking about base metal zinc and Lead is moving with a green sign today. Today zinc is goes up 0.45 point at 2:14pm, in the global market zinc position is very stable. Its current price is 112.75 at 2:17 pm. Similarly following zinc lead also goes to high by 0.40 point and comes to 124.70 at 2:18 pm. Meanwhile if we talking about the top gainer, cotton hold the position and goes to 50 point high and expected to go higher. India cotton production is increase day by day, it help to give a positive move in the global market.

Today’s calls:-

Sell cotton tgt below 16390…..16385….16380….16370……..sl 16460

Buy lead tgt 125..125.50………sl 123

BUY CRUDE OIL dec ABOVE 4670 TARGETS 4675 , 4685 , 4700 STOPLOSS 4640

Buy zinc tgt 113……113.25…113.50………sl 111.60

sell  gold below 31383....tgt ....31350 .....31300.......sl 31650

buy silver tgt 62670......62700.....sl 62426.......

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

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 9^th 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

   

               

commodities market news

In the global market gold make a very consolidate position, this year gold climb day by day. India again retained their number 1 position in the gold consumption. Finance minister and the RBI say that the gold position creates a pressure on the country economy. High importation of gold from any country disturbs the economic position. The global output of has been around 4,000 tons per year. But India’s domestic consumption of gold has more than doubled to 1,000 tons annually since 1999, in spite of the fact that the white metal prices have been steadily rising.

In the global crude Europe account for 16% of world crude oil consumption which is almost half of the US and CHINA consumption together. On the India MCX crude oil for December delivery has climbed up by 0.39% in the previous close

.

My personal opinion about bullion it that is goes more higher till the December and hold a good position in the market , Market is in good position to trade for commodities let’s see how far bullions breaks its previous records.  

mcx commodity trading tips

Today commodity market is moving with a slow movement, the entire commodity is trading is positive but the movement is very slow. Bullion market is very volatile today, silver price on MCX trading touch a high of 64133 with a day low of 63820.yesterday silver is closed at 63734,and its go 155 point high at 1.28 pm. While the yellow metal is breaking today not an enough move in the morning as compare to last week. Yesterday gold is closed at 32359 today its goes only 9 point high at 1.31 pm with a high of 32453. While talking about cotton market, Indian government not placed any ban for cotton export in this season of 2012-2013 according to the report of cotton advisory board (CAB). In the global market cotton price is decline due to the overstocking and lower global mill demand in the previous cotton season. On the MCX trading cotton is trading with positive sign with a rise of 50 point to its previous close. India cotton export is the highest in the 2011-2012 of 129 bales which is highest ever. Indian government increase the export duty on iron ore from 20% to 30%.the government has a proposal to ban export of iron ore according to the Indian Minister of mine.

Today’s calls:-

Buy cotton tgt 16260..16270……..16275………..sl 16230

Buy crude tgt 4930….4940….sl 4890

Buy silver tgt 63910…….63950…….64000……….sl 63400

today silver is going in the down position after the morning good jump. yellow metals also favoring the silver.silver current price is 63555 at   5.01 pm and is in buying position similarly  gold is also in the position to buy. while the base metal also not showing a good movement except cotton ,cotton is on the great position to buy.

today gold silver updates

The world largest bullion consumer India is taking an action to limit the import of gold; the country current account is deficit by 39% in the fiscal year of 2011-2012. India is the biggest importer of gold and oil. In the early of the November China replace India in the world biggest consumer of gold. On the MCX Mumbai today gold is traded with a positive movement rise by 160 point at 2.24 pm. In this last week bullion are the top commodities that jump a good point. Today resistance for gold is 32500 and support level is 32003. Meanwhile the white metal is on the top gear from the last week, in the global market silver is the top performing commodity this year According to BRTISH BANK. In the domestic market silver performing well and in a good position to buy.

Today’s calls

Buy silver tgt 63770..63800.63900…..64000…….sl  62600

Buy gold tgt 32430…32500…..32550……sl 32000

Buy  copper tgt 432.70…433…..434……….sl 430