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Showing posts with label mcx. Show all posts
Showing posts with label mcx. Show all posts

Friday, 4 October 2013

MCX tips: Today gold silver tips || Live spot rate and gold silver update for 04/10/13|| rupees gain 27 paise on friday

Indian rupees become more strong on opening of friday currency trade by gain 27 paise to 61.47 per dollar. A continous depreciation in dollar prices due to closing of government in US refuses all demand in US currency result negaitve at Inter bank Foreign exchange.

After yesterday positive volatile trade market open in a negative zone , today Mcx gold for future delivery open at bearish side at 29930 against its last close of 30204. silver prices also trading with bearish note after open at 48201 by losing -452 point on Mcx trading.

On spot market silver prices are trading around 47828 per kg on last closing, while gold price are watched near 29455 per 10 gram on India.

SELL GOLD OCT BELOW 29930 TGT 29900/ 29850/ 29800 SL 30060

SELL SILVER DEC BELOW 48150 TGT 48050 / 47900/ 47700 SL 48550

Monday, 1 July 2013

1 July gold - lead support and resistance || intraday MCX tips for today || MCX Live prices

Gold Support and resistance
S1: 25410, S2: 25300
R1: 25867, R2: 25959

Lead Support and resistance
S1: 119.50, S2: 118.30
R1: 123.70, R2:124.57

Intraday MCX tips

Sell silver July below 39950 tgt 39850, 39750, 39700 sl 40389

Sell copper August below 405 tgt 404, 402, 400… sl 411

Sell lead July below 121.80 tgt 121.20, 119.50, 119 sl 124.68

Buy gold August above 25700 tgt 25750, 25800, 25900..sl 25470

Sell natural gas July below 214.50 tgt 214, 213, 212.50.. sl 217





Saturday, 29 June 2013

MCX commodity trend in upcoming week || MCX- NCDEX reports || Live MCX rates and tips for Monday 1 July

MCX Market report

In global market bullion prices are  fall by more than 15 percent in last weeks after fed chairman report that central bank reduces its $85 million monthly bond purchase this year.  In domestic market gold prices comes under 26000 this week after a sharp fallen on Wednesday at MCX.   This week gold prices open in downside but expected to close in green side around 25690.  Meanwhile more fallen are goes to seen in future delivery at MCX in upcoming weeks. In MCX silver a huge destruction had seen in this week and more fallen are expected in upcoming week, currently silver support a strong negative trend on day trading and in upcoming week expected to play below 40000 near 38500.

 Sell gold below 25500….
Sell silver below 40100….. For target and STOPLOSS FILL TRIAL FORM.

MCX energies are trading in with a mixed movement in this week, moving to crude it crosses the mark of 5800 on intraday trading while mentha oil playing with a mixed trend and trade in the range of 975 to 1030. This week crude open with a green flag around 5700 and currently its traded on negative side around 5766 at 12:40 pm. But in upcoming week energies are looking with a volatile picture for active session on 3Rd quarter that going to open from Monday. If we talk about natural gas it seem to be bearish in this week around 212, but increment in dollar against all major currencies support energies in domestic MCX market.
Base metal are trading at negative side on Saturday, MCX copper, nickel, lead, zinc all are suffering with a low monsoon physical buying.  Demand in industry drop due to increment in metal import rates and investor are stepping with a slow movement on electronic buying at MCX commodity market. If we talk to global market china market trading sequentially soften in second quarter. At LME copper are trading marginally higher at $ 6763.50.  In lead and zinc are improvement are looking in upcoming on global market.

NCDEX

In NCDEX some season increment going to seen in jeera, potato, castor seed and chana in the big script. Meanwhile good trends are being watched on coriander a price that’s trading around 6440-6570 for active delivery.  In upcoming week god market swings is expected and have a good time to trade in Coriander, jeera, potato, castor seed.

  






Monday, 17 June 2013

crude oil tips for today || NCDEX Live updates || live tips for evening trading

Today MCX and NCDEX both market are trading with a bearish side, most top  commodity are watched on red side since morning and no correction are looking in today trading . In NCDEX jeera, coriander, castor seed, barley and chana all are on downfall trend.  Chana for future delivery trade at 3195 down by -34 point from its opening position at 3216.  Similar trend is watched on coriander which falls by -99 point on intraday trading against its opening position at 6562. In upcoming week coriander demand it expected to rise in domestic market.

Sell chana June below 3195 tgt 3190, 3185, 3180……sl 3220

Sell coriander June below 6435 tgt 6430, 6420, 6400…………sl 6470

Today at MCX, bullion in on deep red side, while crude oil crosses the level of 5700 after morning worst performance. Increment in dollar gives a support to crude oil in domestic market, and expected more increment in upcoming days. Today if we talk overall MCX energies is on fire, natural gas; mentha oil and crude oil all are on its hike and performing well.

Buy natural gas June above 220.50 tgt 221, 222, 223……….sl 217

Buy copper June above 408.25 tgt 408.75, 409.50, 410…………..sl 405

Buy crude oil above 5705 tgt 5710, 5720, 5730……….sl 5670





Thursday, 13 June 2013

MCX evening crude, bullion updates || MCX Live chart ,MCX trading tips and free trial offer

Crude oil price drop in domestic market, after morning bullish trend, crude oil are volatile since its position and touched an intraday high of 5577 with a low of 5535. On evening trade crude oil is expected to trade same volatile movement with mostly in bearish side. Brent Crude is trading at $103.18 while Nymex Crude is at $95.48.

Bullion are fall in day trading after correction in Indian currency , dollar prices comes under 58 and closed at 57.94. Gold for future delivery dropped by -55 point and looks more depreciation in remaining trade. Meanwhile silver are in green side with open interest not support the trend and expected to be volatile trend in silver in today evening session.

Mentha oil are back in bullish side after morning negative trend, on intraday trading it touch  a low of 978 with a high of 1025. On evening trade Mentha oil are expecting to be in bullish side with high trend and advice to buy for long term trader.

Commodity calls

Buy gold august above 27920 tgt 27970, 28050, 28150………..sl  27700

Buy mentha oil june above 1015 tgt 1018, 1021, 1025………….sl 1000

Sell lead below 121.50 tgt 121.10, 120.70, 120.50…………..sl 124

Monday, 10 June 2013

Evening MCX bullion bullish || crude oil high on intraday trading and today 10 June intraday commodity tips

Due to correction in dollar price crude change it direction and crosses the mark of 5500 on Saturday trade. After getting early lead Brent crude slipped in 44 cent to $102.14 a barrel whereas US oil dropped by 37 cent to $95.66 per barrel. But if we are talking about domestic commodity market crude oil are trading in higher side after gaining a intraday high of 5562, on Monday morning it open at 5522 and touched a low of 5519.

MCX gold for August delivery today opens at 27617 and touched an intraday high of 27784 with a low of 27586.  Continue increment in Dollar prices left gold price in upper side and on intraday trade gold it expected to gain more point in green side at evening trade. Meanwhile silver are trading with a mixed reaction mostly in upper side. Weak rupees pushing silver back but the demand and high volume support the trend on intraday trade at Multi commodity exchange for July delivery.

Today all energies stock raised at MCX, on early trade a good swing are seen mentha oil, natural gas and crude oil are expected to carry on with same trend. Mentha oil, natural gas and crude in evening trade looking to be bullish with a small red sign.

Base metal are positive on intraday market with a small downwards trend, at MCX metal are looking in a mixed movement with a small gain in early trade, after opening in downside. Today copper and nickel are showing a lazy trend in market and expected to fall and trade with a small bearish trend.

INTRADAY TIPS

Buy gold August above 27700 tgt 27750, 27800, 27850…………….sl 27550

Buy silver July above 43050 tgt 43100, 43200, 43300………..sl 42750

Buy nickel June above 866.50 tgt 867, 868, 870……………..sl 861

Buy lead above 123.50 tgt 123.80, 124, 124.50……………sl 122








Wednesday, 5 June 2013

5 June Gold silver up in morning trade|| MCX lead support and resistance|| today MCX tips

Base metal at Multi commodity exchange open with a downward trend, today MCX copper for June open at 419.75 against its previous close at 420.50 meanwhile at spot market it traded in green side at 420.70 at 10:29 am. On intraday trade copper seem to be volatile on bullish side and expected to trade between the ranges of 429 to 410.  

Nickel for June trading looks positive at commodity market, at MCX it opens at 862.50 against its last close at 863.40. On early Wednesday morning nickel for June trading up with a good movement and touch an intraday high of 867.


Lead and zinc are looking bearish at Multi commodity exchange; both are open in downside and expected to trade in negative side on morning session while for whole day lead and zinc are showing some small correction with a lazy movement.
Lead support and resistance
S1: 124.50, S2 123
R1: 129, R2 130

Crude oil at spot market are trading at deep low side at 5285 at 10:41 while at Multi commodity exchange for June delivery crude oil is bearish on morning trade. Today it opens at 5308 against its last close at 5300. On intraday trade it seems to fall more in a negative side in today trade.

S1: 5240, S2: 5220
R1: 5330, 5360

Intraday calls
BUY GOLD AUG ABOVE 27220 TGT 27260, 27300, 27400…………..SL 27000
BUY SILVER JUNE ABOVE 44150 TGT 44200, 44300, 44000………SL 43700
BUY CRUDE OIL JUNE ABOVE 5310 TGT 5320, 5330, 5350............SL 5270
BUY LEAD ABOVE 127 TGT 127.50, 128, 129...........SL 125
BUY MENTHA OIL JUNE ABOVE 955 TGT 960, 965, 970 ......SL  930


Friday, 29 March 2013

MCX gold fall by for than 3%, mcx cotton,crude and silver trying to recover



Gold prices continue their negative movement and fall form morning, in morning it go bit high and touch an intraday high of 29604 where as on downside it touches a low of 29532 for April delivery. Mcx gold for March delivery drops by more than 3%. In the overseas market gold playing above $1600 an ounce, due to increase in import duty demand in gold has reduced.  Mcx silver falls by more than -200 point from its opening price. Today on early morning it open at 54036 and form that position it continue falling and touches an intraday low of 53860.
Some correction may be seen on evening after 6:00 pm. Today gold is expected to trade with a support of 29460 and a resistance of 29658.
Today Silver expected to trade with a support level of 53680 and resistance of 54475.
Natural gas for 25 April in future traded low with a mixed movement.  On intraday it touches a high of 224.40 whereas on downside it touches a low of 221.50. On domestic market natural gas this week are expecting a bearish trend while so such high movement had seen in natural gas so far compare to previous year.  
Today in commodity market mcx cotton open at very high position of 19000 but showing a dull movement. On intraday a long jump might be seen on evening trading session. 
  
Today recommendation

Buy cotton above 18650 tgt 18680, 18720, 18800………….sl 18400

Buy crude oil above 5260 tgt 5270, 5280, 5290…….sl 5230

Buy silver above 53700 tgt  53800,53900, 54000 ………sl 53400

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Saturday, 23 March 2013

Evening commodity market news and spot market trading tips for 22 march


India Mcx market all base metal are showing a red color except copper.  Today on MCX metal are open slightly high to its last close but lower demand forcing to trade in negative side. MCX aluminum is open at 103.50 but trend is supporting negative movement and on intraday price it touches a low of 102.80. While nickel, copper and lead are trading in negative side but some positive movement are expected on evening.  Today on MCX copper prices are following with a mixed volatile movement. On intraday trading it touches a high of 417.50 where as on downside it touches a low of 415.20. Nickel, zinc and lead are traded on negative side and supported a negative trend.
 
On MCX gold silver prices are traded flatting low negative today it opens at 29755 and on early trade it touch an intraday high of 29807 with a low of 29742. For today trading gold prices are expected to trade in the range of 29725 to 29896. Silver prices on mcx are falling by huge level and come to 54738 at 3:24 pm.   On commodity market it open at 54989 with an intraday high of 54989 and low of 54710.  Indian currencies are traded low that’s result in depreciation on silver and cotton.

Cotton prices for 29 march delivery are again falling by huge point on intraday trading. On early trade on mcx it open at 18750 and form that position it’s continue showing a negative movement and  expected more depreciation.  Cotton for March delivery touches a low of 18490.

Crude oil for April delivery are traded positive and expected go higher on evening session.  Global crude oil prices are varying on US and china market.  Euro problem affect price on Russian and European oil market and seems to some correction on upcoming weeks. 

Mentha oil is very volatile on MCX, today it open at 1140.50, on Asian market mentha oil continue trying to recover but fail to continue its journey towards positive direction.

Buy mentha oil above 1132 tgt 1135,1140, 1145………..sl 1119

Buy crude oil above 5065 tgt  5075, 5090……..sl 5040

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Thursday, 21 March 2013

MCX commodity updates for today and positional call for 21 march 2013


Today MCX showing a mixed reaction from morning, mcx gold prices are open slightly down and open at 29662. On intraday it touch an high of 29679 with a low of 29613 , on MCX gold are trading flat low in the bound in the range of 29700 to 29570. Mcx silver are bit positive for May delivery on morning it open at 54392 and goes a maximum of 54450 with a low of 54150.  For today trading on intraday MCX silver are showing mixed reaction with a good volume.
   
Sell gold below 29670 tgt 29640, 29610, 29570……………..sl 29770
Buy silver above 54400 tgt 54450, 54550, 54600……………sl 54200

On MCX this week crude moving on good side, but today it show a lazy movement. Today MCX crude oil opens at 5085 bit low from yesterday close. On intraday trading MCX crude oil touch an intraday high of 5095 with a low of 5070.

Buy crude oil above 5080 tgt 5090, 5100, 5020…………sl 5040

Mcx cotton fall by more than -200 point on intraday trading, today it open at 18850 and from that position it continue fall and touch an low of 18650.

Sell cotton below 18750 tgt 18730, 18700, 18680…………………sl 18820

Mentha oil for 30 march delivery open at 1130 , for today trading session mentha oil perform well and expected higher on evening . For intraday trading it touch a high of 1149.70 with a low 1128.60.  

Buy mentha oil above 1132 tgt 1135, 1140, 1150………sl 1114

Today base metals are open with a mixed movement, nickel open on positive side with an intraday high of 919.50. On MCX nickel fails to continue its positive movement and touches an intraday low of 912.70. Copper have a strong support level on Mcx its prices are varying due to volatile movement at LME. Copper are expected to go high on evening trading.

Sell nickel below 915 tgt 913, 910, 908…….sl 922
Buy copper above 417.50 tgt 418, 419, 420.50………….sl 414.50






Active intraday free live mcx commodity tips and commodity updates for 20 march


Today precious metal on MCX is showing bearish trend form morning.  Mcx gold price are following with a red sign and from its opening price it continue falling, no correction is expected in gold today. Gold price are bounding in a range with a sloppy movement. While MCX silver are open in down side but some correction had seen in it in early trade, but most time it spend of negative side. Today silver showing bearish movement in first two sessions and some positive movement will see in evening.

Buy gold (5 apr)above 29830 tgt 29860, 29900, 29930…………sl 29730
Buy silver(4 may)  above 54650 tgt 54700, 54750, 54850……………..sl 54250

Today MCX metal are bit positive from yesterday, on early opening trade copper prices are open at 413.60 and touches an intraday high of 416.55. Mcx nickels are showing all color for 28 marches, today it open at 905.90 and it touches an intraday high of 910.70 with a low of 901.30. MCX lead, zinc and aluminum are also showing a mixed reaction and hope to go higher in last session of trading.

Buy copper(30 apr) above 416 tgt 417, 418, 420…………sl 412
Buy nickel (28 march) above 909.50 tgt 910.50, 912.50, 914.50…….sl 903.50


TO GET A  FREE TRIAL FILL FORM..

After a long time some high depreciation are watching on mentha oil  form morning it open at 1134 and it touches an intraday low of 1118.10. it is advice to sell mentha oil for intraday  and hold a position  for long  term.

Sell mentha oil below 1122 tgt 1120, 1118, 1115---……..sl 1135

Today m cotton is more positive on Mcx and expected to crosses the level of 19000. Today it opens at 18890 and touches an intraday high of 18990 with a low of 18830. This year cotton is looking much stronger and volatile on Mcx.

Buy cotton above 18950 tgt 18970, 18990, 19000………..sl 18900
Buy crude oil above 5090 tgt 5100, 5110, 5120………………..sl 5060

Tuesday, 19 March 2013

MCX|ncdex live updates and evening commodity calls for today


Today after a long time such movement had seen in gold prices in early trade on MCX.  Gold open at 29440   and from that position it starts to shine, For April contract it touch an intraday high of 29644 and some more increment may be seen on evening session.  MCX silver prices showing a mixed reaction with gold. Today it opens at 54250 and touches an intraday high of 54480 with a low of 54057.
Buy gold above 29550 tgt 29600, 29650…………………..sl 29450
Buy silver above 54250 tgt 54350, 54450…………54050


Today mcx call

Sell crude oil below 5015 tgt 5010,5005, 5000…………sl 5030

Sell lead below 118 tgt 117.50, 117………………..sl 119

Sell mentha oil below 1160 tgt 1155, 1150, 1145……….sl 1175

buy cotton above 18750 tgt 18780, 18800, 18850………………sl 18650

 Today ncdex call

Buy chana above (19 April) 3445 tgt 3450, 3460, 3470………..sl 3420

Sell chilli (20 March)  below 6500 tgt 6490,6480, 6450………..sl 6550

Buy coriander(19April) above   6680 tgt 6690, 6720, 6750……….sl 6610



Saturday, 9 March 2013

Evening commodity gold|silver|copper|crude updates


Mcx

Bullion
Today Multi commodity exchange showing a mixed movement, in the early morning not a very high movement had seen in bullion.  Gold on spot market mostly traded on green side with a small sloppy movement. Today gold touch a upper limit of 29418 with a low of 29353. On MCX silver is looking on bearish side, no such high movement had seen on the morning session.  

Base metal
If we are moving on base metal all metal are open towards green side but as market continue it seen in red negative side. Today nickel opens on good side and on morning touch an intraday high of 910 with a low of 903.60. On MCX nickel losses its good movement this week and mostly time it had seen in red side.  Some positive may be expected in upcoming week. On the other hand copper are also trading on bearish side, copper have strong support level of 424 with a resistance of 429.

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Crude and Mentha oil 

Crude oil import of china has drop down by 9% y/y and in the first 2 month of 2013 it’s down by 1% as compare to its previous year.  Meanwhile its export is rose by 21.8 % year on year.  This will affect the domestic Asian market. On MCX crude oil were traded in down side and touch an intraday low of 4977 with a high of 4995.it is advice to hold the position on medium long term. Mentha oil prices are floating between 1225 and 1245. Today mentha oil mostly watched in wrong side with a low of 1232 and high of 1242.90 and expected more bearish on remaining session.  

Sell gold below 29360 tgt 29330, 29300, 29260…….sl 29460 

Sell silver below 54550 tgt 54500, 54400, 54300…………sl 54800



  


Friday, 8 March 2013

07-03-13 ncdex updates, today gold|silver movement and commodity tips for today


Today precious metal open in positive side, gold open at 29644  , +51 point high to its  previous close. For 5 April contract gold on MCX gold is looking bit positive on early morning and expected to trade positive around 29550 to 29775. While silver is on green side and on intraday it open by crosses the mark of 55000. Mcx silver for 4 may delivery open at 55105 and touch an intraday high of 55225 with a low of 55105 from its previous close at 54968.

Buy gold above 29650 tgt 29680, 29720, 29750………….sl 29550

Buy silver above 55130 tgt 55200, 55300, 55430…………sl 54830

Mcx cotton on intraday for 29 march delivery open at same position to its last close at 1841 and movement is cotton is looking very volatile for today trading.  For intraday delivery cotton is bound in the range of 18310 to 18570.

Buy cotton above 18450 tgt 18470, 18500, 18550………sl 18350

NCDEX calls

Buy castor seed above 3855 tgt 3865, 3875, 3890………..sl 3820

Buy peeper above 34520 tgt 34540, 34550,34570………….sl 34470


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MCX calls

Sell mentha oil below 1253 tgt 1251, 1249, 1245……….sl 1261

buy nickel above 912 tgt 914, 916, 920…………….sl 904





                                                                                                                             

Wednesday, 6 March 2013

live gold|silver price and commodity news 05-03-13


Today bullion open slightly down, gold open at 29649 from it yesterday previous close 29668. Today market is looking little positive with volume. On MCX gold is trading on red side and expected to trade on bearish side.  Today white metal open at 54434 and on intraday movement is looking very volatile and some hike is expected from silver.

Sell gold below 29630 tgt  29600, 29570, 29530……sl 29730

Sell silver below 54850 tgt 54800 , 54700, 54600……sl 55100

Today intraday calls

Buy crude oil above 4960 tgt 4970, 4980,5000…….sl 4920

Buy cotton above 18290 tgt 18300, 18320, 18350, 18390………..sl  18190

Sell mentha oil below 1258 tgt 1255, 1250, 1245………………sl 1271





Friday, 22 February 2013

21-02-13 Bullion news and intraday tips


Today whole MCX showing red hot color, from morning gold continue falling from its opening position.  On domestic market gold prices fall by more than -250 point, currently no positive movement is expected from bullion. On early morning silver prices goes slightly high on MCX but after that silver price fall by -600 point .silver in last two days  fall by more -1500 point. For intraday trading silver is expecting to trade bearish.

Sell gold below 29420 tgt 29380, 29320, 29270…………..sl  29570

Sell silver below 53300 tgt 53200, 53100, 53000………..sl 53600

Today intraday commodity tips

Sell crude oil below 5130 tgt 5120, 5100, 5080……..sl 5180

Sell cotton below 17560 tgt   17530, 17500, 17470…….17650

Sell mentha oil below 1426 tgt 1424, 1420, 1415……..sl 1437

Sell zinc below 113.50 tgt 113, 112, 111.50…….sl 115.50

Sell lead below 125.50 tgt 125, 124.50, ..sl  126.50

Thursday, 21 February 2013

20-02-13 commodity news and intraday tips


Free Commodity tips for today

Today gold prices open at 30028 slightly lower to its previous close. Gold due to lower demand continue its falling on domestic a well as global market.  Whereas on FOREX dollar prices falling against Indian rupees. Today gold is expected to trade in the range of 29850 to 30215.while silver prices open bit positive on MCX but goes down and touch an intraday low of 55090. For today’s trading silver trend looking bearish on MCX.




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INTRADAY MCX TIPS 

Sell gold below 29980 tgt 29950, 29900…29880….sl 30080

Sell silver below 55100 tgt 55050, 55000, 54900………sl 5530

Buy crude oil above 5260 tgt 5280, 5300, 5325…………….sl 5195

Buy cotton above 17420 tgt 17440, 17460, 17480………sl 17360

Buy mentha oil above 1438 tgt 1441, 1445, 1450……..sl 1426

Sell nickel below 940 tgt 937, 935,930………………sl 950


Wednesday, 20 February 2013

19-02-13 intraday gold|silver|base metal| crude tips


Today commodity market looking to trade with an average movement some good movement will expected to silver on intraday trading. In morning mostly all top commodity are traded in red side with low trend. In cotton high depreciation is experienced today on MCX. But some positive movement may be seen near 3 pm.

Today intraday MCX tips
Sell gold (5 April) below 30180 tgt 30150, 30120, 30080……….sl  30280

Buy silver (5 mar) above 56250 tgt 56300, 56350, 56400…..sl 56100

Sell cotton (28 feb)  below  17330 tgt 17320, 17310, 17290………sl 17370

Sell mentha oil (28 feb) below 1441 tgt 1439, 1435, 1431………….1451

Sell crude oil (19 Mar) below 5230 tgt 5220, 5210, 5200………sl 5260

Sell nickel (28 feb) 965 tgt  962, 959, 955………sl 975


Tuesday, 12 February 2013

11-02-13 AGRI INTRADAYcommodity Movement and MCX|NCDEX tips


Today on NCDEX from morning all top commodity are moving on positive side and showing a good movement due to higher demand in agriculture product. In jeera we see lots of up and down in previous week but on Monday morning jeera moving towards positive side at 2:45 jeera up by +85 point from its last close for 20 Mach.

Buy jeera(20 mar) above 13190 tgt 13200,13220, 13250……..13130

Barley moving towards good green side in NCDEX   ,for April contract barley work on green side. Currently barley has god support level and expected to trade in range of 1990- 2040.

for free trial fill form and get 2 day free trial in commodity market.

INTRADAY  NCDEX  tips

Buy barley  (19 April) above 1402 tgt 1405, 1408,1410…….sl 1390

Buy wheat (20 FEB) above 1585 tgt 1590, 1600, 1610…………sl 1560

Buy  MCX kapas (30 mar) above 876 tgt 877, 888, 890…….sl 873

INTRADAY MCX TIPS

Sell silver (5 MAR) below 58130 tgt 58100, 58050,58000-----……………..sl 58300

Sell gold (5 APRIL) below 30750 tgt 30730, 30700, 30650----……………sl 30880

Buy cotton (28 FEB) tgt 17050 tgt 17080, 17100, 17130………….sl 16980

Buy nicke(28 FEB) above 984 tgt 986, 988, 990, 995…….sl 975


11-02-13 Intraday MCX commodity market tips


On Monday fresh morning commodity market open some movement on MCX. Today cotton showing a big blasting trend on MCX, it open at 16900 and touch an intraday high of   17140. On domestic market a huge unexpected changes had been seen in cotton price.

Buy cotton above 17100 tgt 17020, 17040,17050+++…………..sl 17030

Today gold and silver is expected to show some positive movement , demand is  silver is expected to grow  on domestic market at MCX silver open at 58309 and touch and intraday high of 58320 with a low of 58268. For today trading silver is expected to trade in the range of 58050-58540. On MCX for April contract gold open at 30829  and touch an  intraday high of 30831 and low of 30796. Currently gold support low level but some good move is expected in intraday trading.

Buy silver above 58300 tgt  58350, 58400, 58500…………sl  58100
Buy gold above 30830 tgt 30860, 30900, 30950….sl 30650

Base metal on MCX is expected to trade marginally low on intraday, some good movement will expected from nickel and copper. While in lead, zinc and aluminum some green shade is expected after 2 pm.

Buy nickel tgt above 986, tgt 988, 991, 995, 997…………..sl 975
Bu copper above 446.90 tgt 447.50, 448 , 448.50…………sl 444

Mentha oil and crude oil  is trading inversely on MCX , today movement is cotton is not looking very high on MCX it open at  5147,  and from that position it goes in down direction and  touch an intraday low of 5141.

Sell crude oil  below 5143 tgt 5140, 5135, 5130……..sl 5156
Buy mentha oil above 1425 tgt 1430, 1435, 1450…..sl 1400