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

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

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