MCX live gold targets: Mcx commodity free calls

Mcx commodity market showing sideway trend, Mcx gold silver decline. Mcx silver decline more then 1% July future trend showing downtrend. Mcx silver formed intraday high of 41160 and the near to its intraday low level 40610.

Mcx gold continue going to down side advised sell the GOLD JUNE AT CMP 27410,StopLossABOVE 27460,target 1- 27380,Traget 2- 27350,Target 3- 27310.

Mcx crude oil closed in BULLISH open at 6168 trading 0.32% or rs 20 to 6157.

MCX market in upcoming week || intraday tips for Monday || Live commodity chart and price for MCX

Bullion (precious metal)

This week rupees touch a new low 59.93 after a US federal report that directly affects the Indian stock market which comes below 19000. But if we talk

about Indian commodity market a high volatile trend had seen in this week due to high up and down fear. On one hand yellow metal in domestic market traded in the range of 26000 to 27000 in this whole week due to decrement in global gold cue. In upcoming week gold prices are looking to go high for future active delivery on domestic Multi commodity exchange. In global market gold prices comes under $1300 and closes to $1286.20 an ounce at Comex.

White metal continue its worst session and fall below 42000 on Friday , but if we are talking about whole week a huge destruction have been made in silver that fall more than -1000 point and  close to 41497.  More depreciation is looking in white metal in upcoming weeks for July delivery.   

Energies

Energies are fluctuating on intraday trading, if we talk about crude oil prices some depreciation had seen on Friday trading while good movements are seen in this and crude oil kisses the level of 5600. As dollar prices increased against Indian Currency crude oil show an increment in domestic market while talking to international market it seem in other position and trading below $100 and closes at $97 per barrel.

Moving towards natural gas a pendulum are continue at Multi commodity exchange , currently natural gas are on bearish side but a fresh start with an increment in domestic market are looking on Monday  trade  natural gas for June trading expected to trade with  a support of 217 and a resistance of 236 in upcoming week.

Mentha oil in this week show a good swing and expected to be continuing same trend with small depreciation in upcoming week.  Mentha oil in upcoming week looks to move up with a support of 1005 and resistance of 1072.

Base metal

Base metals in this are very unconscious not such big movements are watched on metals, talking to copper and aluminum their global demands are increased especially in china market.   Whereas nickel prices are following down on domestic market and trading below 850 but some hike must be seen in base metal as correction in Indian currency. Lead and zinc are covered up with color in this week but in upcoming week some correction are surely seen on intraday and future trade.

Support and resistance

Gold

S1: 26815, S2: 26700

R1: 27359, R2: 27500

Lead

S1: 119.75, S2: 118

R1: 122.80, R2: 123.50

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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

31/01/13 commodity gold|silver| bearish trend tips

Today commodity market big script work mostly time watched in red shade. Especially movement in gold and silver is very negotiable from morning. At 4:45 pm gold is watched at 100 point down from its last close and experienced more down.  While on the other and white metal silver is depreciate by more than 300 point in today trading till 4:49 pm.  But some positive movement is expected after 5:30 pm.

Buy silver above 58850 tgt  58900, 59000, 59100++…sl 58659

Buy gold above 30150 tgt 30200, 30250, 30300…sl 30000

On Mentha oil today a huge hike has been seen till 5:00 pm. Today Mentha oil is in great touch and expected to trade more positive this week.

Buy Mentha oil above 1307 tgt 1312, 1320,1330…….sl 1289

On cotton for 28 Feb high falling is watched from morning and expected to more fallen in this week.

Buy cotton  above 16800 tgt 16820, 16850…….sl 16700

Intraday MCX tips

Buy crude oil (19 feb) above 5210 tgt 5220, 5240, 5260…….sl 5155