Today commodity movement and MCX tips for trading hot commodity

Multi commodity exchange showing green flag for white metal, MCX may delivery for white metal roses more than 0.75% and touches an intraday high of 45450. On Monday morning silver for May delivery open at 45150 against its previous close 45043. In the overseas market a silver price bounce high and crosses $24.21 while on domestic market silver touches a low of 45081. There is more to watch on silver prices in evening session with some more positive moves for May delivery.  

Gold prices are trading with mixed movement on MCX market, on Monday morning gold for June delivery open at 27200 and touch a high of 27329 with a low of 27132. In this gold prices are expecting to support a good trend and trade in the range of 25900 to 28500 and more along Y Axis.  Some jumps on positive side are looking on gold for June contracts around 6 pm.

Crude oil on future delivery are showing bearish trend, on Monday morning it open at 5066 and falling down at that position and touch a minimum of 5031 for May delivery. On New York crude price again turn to red side and fall below $93 and comes to $92.69.  On spot market At Mumbai crude oil are trading on green side at 5049 at 2:51 pm. For today trading session crude oil are looking to trade bearish with some small correction in evening.

Natural gas is trading towards positive side and some more correction is being expected from May delivery in upcoming days.  This week natural gas are expecting to trade bit positive and constant for future delivery.  

FOR MORE COMMODITY TRADING CALLS FILL TRIAL FORM 

Base metals are showing a mixed motion, most traded metal copper and nickel are on green side with low negative movement. MCX copper for April delivery open at 382.60, on commodity market it touches an intraday high of 384.90 with a down side low of 379.45. Movements in copper are volatile and experienced a positive movement with some correction.  Nickel for April delivery are looking bearish for whole  day, on morning session it traded towards the negative side but some positive trend are going to seen with some correction in evening session.

MCX tips today

Buy gold (June) above 27200 tgt 27250, 27300, 27400………….Stoploss 27000

Buy silver (May) above 45250 tgt 45300, 45350, 45500 … Stoploss  45000

Buy mentha oil (April) above 970 tgt 973, 976, 980……… Stoploss  960

Sell nickel (April) below 827 tgt 825, 822, 819….. Stoploss  833

25-03-13 bullion-base metal and crude oil updates for Evening trading session and free commodity tips

India is going to reduce crude oil import by more than 50% by 2020 said by minister of petroleum and gas Dr. M Veerappa Moliy. India crude production house in increase day by day and it is good news for domestic market. It is expected that India become self independent by 2030 I crude and gas. Today on MCX crude oil for open at 5115 slightly high from its last close. On intraday it touches a high of 5129 some more increment is expected in evening trading session. Mcx crude oil price have a support level of 5090 with a resistance level of 5170.

Buy crude oil above 5125 tgt 5135, 5145, 5160…………..sl 5090

Cyprus data raised the foreign share market but its causes in negative mark at Indian commodity market. Both gold and silver are trading on negative side .Mcx bullion are trading bearish today, form morning no positive movement had seen in yellow metal. On early morning it opens at 29680 with a same intraday high and low of 29542. Gold for 5 April delivery falling by more than -150 point on Mcx. some correction are expecting in evening time. Mcx silver open bit positive and moving towards green side but due to lower support level it falling down in red side. Mcx silver for may delivery on intraday touches a high of 54249 with a low of 54030.

Sell gold below 29540 tgt 29510, 29460, 29440…….sl 29640

Sell silver below 54050 tgt 54000, 53950, 53850…………54250

MCX Base metal are traded low from negative, mcx copper for April delivery open at 419 ,on intraday it touches a high  of 419.25 with a low of  415.90. It is expected to go more deep with a support of negative side. Zinc, lead and aluminum are expected to fall more down on MCX. Nickel is bearish on Mcx for 28 march.

Sell nickel below 924 tgt 922, 920, 915…………sl 933

Sell copper below 417 tgt 415, 413, 411…….sl 423

Mcx Commodity call for today

Buy cotton above 18300 tgt 18330, 18350, 18380…………..sl 18220

Sell mentha oil below 1080 tgt 1078, 1075-----…………….. 1130

11-03-13 trading tips for commodity market and mcx india updates

Today commodity market open on the positive side but after a early fresh start bullion goes down in red side.  MCX gold for April open in good side and touch an intraday high of 29450, buy low volume forced it to turn direction. Gold is looking on bearish side movement is not very affective but some positive movement hoped near 5 pm.  

buy gold above 29370 tgt 29400, 29450...........sl 29290

Buy silver above 54800 tgt 54850, 54900, 55000……sl 54600

Today Base metals on MCX starts with negative node and continue this direction. MCX nickels for 28 March delivery are showing bearish movement, MCX nickel prices touch an intraday low of 902. No positive movement is expected from nickel for today trading session.   Copper prices are volatile today it showing a mixed reaction on MCX , MCX copper touch an intraday high of 426.60 with low of 421.85.

intraday tips

Sell nickel below 903 tgt 901, 899, 895……sl 991

Sell copper below 422.50 tgt 421.50,420.50, 420……………sl 425

Sell zinc below  105.50 tgt 105, 104.50, 103.50………sl 107.50

Buy natural gas above 198.50 tgt 199.50, 200.50………..sl 196.50

 Buy mentha oil above 1240 tgt 1245, 1250, 1255…………sl 1225