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Showing posts with label natural gas updates. Show all posts
Showing posts with label natural gas updates. Show all posts

Wednesday, 18 December 2013

Natural gas gain 1.50% at MCX | today MCX gold silver bullish

Commodity market positive after a RBI unchanged monetary review,at MCX natural gas show correction after a two day fall for December delivery , today natural gas gain 1.50% to 268.80. after making this high market fall down to make a low of 263.60 on intraday trading.

After a consolidate trend in nickel market rise to upside , today nickel open at 869.30 on evening session some declined might be seen but trend support a good upper move. However bullion prices move good after a yesterday declined on evening time. On evening session gold prices to look in the range of 28670 to 28900. while silver prices to expected to 44750 in downside but in positive side a good rally are looking in evening trade.


Buy gold feb above 28750 tgt 28800/ 28850/ 28900 sl 28680

buy silver mar above 45100 tgt 45180/ 45260/ 45350 sl 44900


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Wednesday, 15 May 2013

Today MCX Natural gas on bullish side|crude fell in overseas and domestic market and Live MCX trading calls for 15/05/13


Domestic commodity market is struggling with a bearish movement; at Multi commodity exchange market is full of red.  Global market also fails to control the bearish movement of commodities. On Wednesday morning MCX gold for June delivery fail to open in positive side in this week. Today it opens at 26700 and touched an intraday low of 26406. Euro touch 6 week low against US dollar affected the Asian Market.  In US market gold for June delivery fell by more than 1% to $ 1408.20 an ounce. Meanwhile MCX silver fighting with a low demand and Euro data, today at Multi commodity exchange it open at 44400 and fell to hold the positive flag after moving on upside. On intraday traded it touch a high of 44439 with a low of 43573.  At multi commodity exchange no positive response had come and expected more bearish trend in evening session.

SELL SILVER JULY BELOW 43750 TGT 43700, 43600, 43500……STOPLOSS 44000
SELL GOLD JUNE BELOW 26470 TGT 26440, 26400, 26350……..STOPLOSS 26590

Global crude oil fail to control the trend and its impact had seen in domestic market. MCX crude continues to fell in domestic market and touched two week low. Today crude for May delivery open at 5186 and touched a low of 5117. In domestic market crude oil is trade in the range this year between 5050 to 5280 form January and no positive movement is expected today in MCX.

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SELL CRUDE OIL MAY BELOW 5130 TGT 5120, 5110, 5100……..STOPLOSS 5160

Natural gas is trying is recover on MCX, on domestic market natural gas success to generate the demand. At MCX natural gas for May delivery open in green side at 219.80 and touched an intraday high of 221.80 and low of 219.30. More correction is expected in natural gas in upcoming week due to uncertain rising in demand.

BUY NATURAL GAS MAY ABOVE 221.50 TGT 222, 223, 224.50 ..STOPLOSS 218.50





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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