Today on MCX good trading session is being watched on day trading, on intraday trading gold for future delivery edge up with an increment of +228 point at Multi commodity exchange. Similar trend is also watched in white metal in day trade for future delivery, in today’s trade silver move high more than +400 point and touch a day high of 44018. On intraday trade more increment is expected in evening trading session. Gold prices in MCX are very close to week high and expected more increment in august traded delivery. Whereas on global market gold prices are fall in downside in afternoon trading by 0.02% and comes to $1391.30. In energies and base metal positive flag watching with a mixed reaction, in domestic market crude oil are followed in positive side but in international market it traded in downside by falling -0.10% to 92.66 due to weak global physical demand. In evening trade natural gas and crude oil are looking to trade in green with more increment in for active trading delivery at Multi commodity exchange. While mentha oil look to replicate in same fashion trend in downside in evening session with some mixed watch. Intraday trading tips  fill free trial form in front of you Buy gold above 28050 tgt 28080, 28130, 28200………..sl 27800 Buy silver above 44000 tgt 44050, 44150, 44300………..sl 43650 Buy lead above 122.50 tgt 122.80, 123. 20, 123.50……….sl 121 Buy nickel above 828 tgt 830, 832, 835………..sl 820 Buy cotton above 19150 tgt 19170, 19200, 19220……….sl 19050 get more commodity tips and tomorrow commodity trend by click on it |
Today MCX commodity markets are open on green side. Some negative movement had watched on the early session of MCX India. Today mcx yellow metal open slightly down from its last close at 29445. On MCX gold open at 29444 and in early morning it touches an intraday high of 29467 with a low of 29413. Today MCX gold prices are varying in green side but movement is not very high, gold prices are varying between 29375 – 29500.silver prices on intraday trading is very volatile in morning it open is downside at 54875 and touches an high of 54967 with a low of 54790. Today on silver open interest support the day trading with good volume. 
On morning commodity market are still open with bearish trend, some commodity are open with positive node. Today yellow metal open slightly low in red side , it goes some point high and touch an intraday high of 29624 on MCX for April contract. On MCX silver for March contracts open bit positive and expected to high on intraday. 
Buy gold above 29750 with a sl of 29310
On NCDEX jeera price gaining a good momentum from early morning today goes more than +150 point. From its current position it expected to go higher on NCDEX.
Today movement in gold and silver is falling down in red side, gold continue falling on MCX. On FOREX US dollar prices are on green side but a bit low. Gold showing strong down trend and touch intraday low of 30505. Silver again comes on red side, today silver fall by more than -200 point on MCX and continue to fall. While on base metal after morning little positive movement all base metal are fall down and expected to show more red on MCX. Copper, nickel, zinc, lead all are watched on red side at 3:27 pm. Cotton market going on boom on MCX this year, cotton price increases day by day in domestic market.
Buy silver above 57620 tgt 57670, 57720, 57800…………….sl 57450
On MCX today Mentha oil is working bit positive and move with good speed, Mentha oil is open at 1297.90 and expected to go bit high.
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. 
