MCX nickel,lead, mentha oil and crude position and free commodity tips for today

Today Indian currency moves up on green side from early morning, Indian rupees up by 10 paise against US currency. But no positive result comes on domestic market metals. On Domestic commodity market base metal are trying to recover from dark red side,  today on MCX  copper prices are moving with  green flag.  MCX nickel future delivery rose up by more than 4 point and touches an intraday high of 885 against its last close.  Nickel for April delivery touches an intraday low of 879.80. today nickel are experience volatile movement but mostly on positive side and on evening some more high movement are expected on spot market.

On overseas market lead demand has raised on the spot market, but some it not support domestic market lead prices. On MCX nickel for April delivery open at 113 and touches an intraday high of 113.10 against its previous close at 112.05. Lead prices on domestic market are expected to grow due to increasing in demand of batter maker. Copper for April delivery are trading slightly high to its last close. On domestic market copper prices trying to charge for April delivery, on early Friday morning MCX copper opens at 412.40 and touches an intraday high of 413.90 and low of 411.05. On spot market copper looks bullish with low movement and good demand in upcoming weeks.

Today MCX most traded commodity GOLD, SILVER and CRUDE traded low on negative side. On early trade crude oil goes to green side but lower demand pushes it back side. Crude for April delivery open at 5077 bit low against last close and touches an intraday low of 5038. This year crude oil is expecting to trade in the range of 5000 to 5300 in the first quarter. Whereas gold and silver prices are looks bearish with high negative movement.  On spot market gold for June delivery fall by more than -160 point against its last close 29184. On intraday gold touches a high of 29229 with a low of 28945. Today movement of gold is bearish and no high positive movement is expected but some correction where expecting on evening session.

Today calls

Buy silver May above 51300 tgt 51400, 51500, 51600………….sl 51000

Sell gold June above 29030 tgt 29000, 28970, 28930…sl 29130

Buy natural gas April above 227.50 tgt 228, 228.50, 229.50…………sl 225.50

Buy mentha oil April above  1030 tgt 1035, 1040, 1045……sl 1015

15-3-13 commodity news and mcx calls for today

Today crude oil prices roses in global as well as domestic market, in New York there is an increment of 0.2% per barrel and comes to $93.19. While natural gas biggest giant Russia climbed by 2.1 %. Oil prices in Russia were also being strong day by day. In India MCX crude oil for 19 marches traded on green side. Mcx crude oil prices are open at 5040 and on intraday it touches a high of 5056.  

In base metal some positive sign is expected, industrial base metal climbed in US market. Some correction had seen in US metal on Friday morning.  Meanwhile on Domestic market copper and nickel perform well. On intraday nickel for 28 march delivery are traded on side at 3:20 pm at 934.20. Some correction may be expected on nickel prices for March delivery. On the other hand copper prices are varying and showing a mixed   movement on commodity market.

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Today MCX commodity calls

Buy copper above 426.80 tgt 428.50, 429, 430.80……………….sl  422.80

Buy silver above 54400 tgt 54450, 54550, 54700……….sl 54100  

Buy crude oil above 5050 tgt 5060, 5070,5090………..sl 5010

Sell mentha oil below 1215 tgt 1213, 1210, 1205………..sl 1225

Buy natural gas above 208.50 tgt 209, 209.50,210.50………….sl 206.50

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