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Showing posts with label silver price. Show all posts
Showing posts with label silver price. Show all posts

Thursday, 25 July 2013

Today Gold support and Resistance || intraday MCX tips, Crude oil trend for today and Lead level for 25 July

Oil prices fall on Asian trade , china slow economic down and strong US Dollar pressure result dropdown on Thursday Singapore trade. On early morning New York main contract WTI (West Texas intermediate) for September delivery fall by 57 cent at $104.82 a barrel.  On domestic commodity market crude oil open in negative side with a small loss against its previous close of 6267. On Thursday morning Crude oil for future delivery open at 6261 at MCX.

MCX Bullion is bearish after open in positive side. Today at MCX gold prices open at 27255 bit high from its last close at 27240. On morning trade gold and silver are expected to trade in down side. Today MCX silver open at 41452 on intraday trade for future delivery its previous close is Rs 41346.
Gold support and resistance

S1: 26950, S2:26850
R1: 27450, R2: 27565

MCX copper and nickel continue its worst session on Thursday morning too, today copper prices open at 419 down by 0.65 point for future delivery. Similarly nickel open in deep side at 843 its last close is 846.10.

Lead support and Resistance

S1: 120, S2: 119.50
R1: 122.50, R2: 123

Intraday MCX tips

SELL GOLD AUGUST BELOW 27180 TGT 27130, 27080, 27000 STOPLOSS 27350

SELL SILVER SEPTEMBER BELOW 41250 TGT 41170, 41100, 41000   STOPLOSS 41450

SELL MENTHA OIL JULY BELOW 893 TGT 891, 888, 885 STOPLSS 899

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Friday, 19 July 2013

19 July MCX tips: Today commodity metal updates , Intraday MCX trading tips and active commodity calls

After morning high bullish trend sliver price slip in domestic market, silver future rose by +250 point and touches a high of 40740 at MCX for September delivery.  MCX silver is on high volatile trend on intraday trade.  In the international market silver prices climbs up 0.60 percent to $19.52 an ounce in Singapore. Today silver prices are volatile on intraday trading and movement is bearish on afternoon trade.

MCX metals are turn to negative after morning low positive trade, nickel prices are trading in bearish side today. On Friday morning MCX nickel open at 834.60 and touch a high of 835.80. Lead price fell to continue its positive movement after a morning intraday high of 122.40.  Copper prices also drop on intraday trading at Multi commodity exchange and hit a low of 413.20 more decrement is expected in today trade with a low volatile movement.

INTRADAY CALLS

Buy gold August above 26750 tgt 26800, 26850, 26900  stoposs 26600

Sell silver September below 40450 tgt 40305, 40200, 40100   stoploss  40750

Sell crude oil august below 6450 tgt 6430, 6420, 6400  stoploss 6500

buy mentha oil above 910  tgt 913,  917, 925  stoploss  897




Tuesday, 16 July 2013

16 July Evening Commodity tips for today || Live trading metal tips and MCX commodity updates and MCX chart

Today MCX trading with a low volatile movement not such big change are seen in commodity. All top trading commodities for future delivery are shows both color with a dull trend at MCX. Today MCX silver prices for future delivery open at 40826 and touch an intraday high of 41093. On Tuesday morning opening hour some movement are seen with a positive node but soon silver prices slip and touch a low of 40674. On intraday trade movement in gold are very weak gold prices are trading with a low movement. Currently gold is in good position on long term investment.  

Gold support and resistance
S1: 26315, S2: 26250
R1: 26625, R2: 26720

MCX crude oil are trading with a positive upper node, on intraday trade crude oil for future delivery trading flat within the range of  6260 to 6320 on morning and noon session but on evening trade some breaking level must be seen in volatile direction above 6300.

On energies today natural gas rocks the floor,  after a long time such movement had seen on natural gas sue to demand raise in physical buying in overseas market. On intraday trade for future delivery it touches a high of 218.70 and expected more increment in today trade at MCX.

On base metal at MCX a mixed trend are seen since morning , MCX nickel are near to touch a month low due to low  buying on physical market because of seasonal off in domestic market.  Currently nickel are trading below 800 and expected to trade around 790- 825 in today remaining session. However copper show some positive movement on morning trade for future delivery and touched a high of 417 , on evening trade a mild correction are going to seen in copper, lead and nickel.

MCX  calls

BUY LEAD JULY ABOVE 120.90 TARGETS 121.40/121.90/122.50 SL 120.15

Buy COPPER AUGUST ABOVE 415 tgt 417,419, 420   STOPLOSS   410

SELL MENTHA OIL JULY BELOW 917 TGT 915, 912, 909    STOPLOSS 925

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Monday, 8 July 2013

Evening free commodity tips for today|| 8 July intraday gold silver level and commodity news updates

After morning week start commodity bullion rebound at MCX. On Monday morning most traded gold and silver open in downside, yellow metal for future delivery open at 25988 on intraday trading with a low of 25887.  MCX gold prices are floating on domestic market near 26000 and expected some correction on evening trade. Meanwhile silver for future delivery touch an intraday low of 39960 after opening at 40249 while touch a high of 40394.  A high correction is experienced in silver for September delivery.

BUY GOLD AUGUST ABOVE 26050 TGT 26100, 26150, 26250   STOPLOSS 25800

BUY SILVER SEPTEMBER ABOVE 40400 TGT 40500, 40600, 40700+++ STOPLOSS   39850

MCX crude oil for future delivery bearish on intraday trading after opening with a good level at 6389 , at MCX its continue falling from its opening position and touched a low of 6272.  Crude oil is bearish on morning and noon session but on evening some correction is being expected above 6325.

Base metal is volatile on day trading, almost all metal are open in downside at Multi commodity exchange. On morning MCX nickel for future delivery traded in bearish side and touched a low of 812.80, today it open at 818.20. If we talk about lead prices regular depreciates on MCX, today on intraday trade lead prices touched a day low of 124.35 after opening at 125.05. More depreciation is expected on lead on evening trade at MCX.

MCX copper is volatile with small gains on intraday trading, today it open at 418.60 and touched a low of 415.80 with a high of 419.50.

BUY NATURAL GAS JULY ABOVE 223 TGT 224, 225, 226 STOPLOSS 220

SELL COPPER BELOW 417.50 TGT 416, 415, 413     STOPLOSS 422

SELL NICKEL BELOW 820 TGT 818, 815, 812    STOPLOSS   828







Thursday, 4 July 2013

4 July Evening MCX tips || evening intraday trading tips|| Live gold silver price & tips for today

Bullion market is bearish on day trading at MCX, in today trade gold and silver fall with a sharp edge on early trade. On intraday trading gold prices touch a high of 26269 with a low of 26141. In today remaining session gold for future delivery expected to trade in bearish side with some correction in evening session.  If we move towards white metal a low bearish trend is watched on morning and noon session with a decrement of more than -400 point against its yesterday close.  More depreciation is expected due to low physical buying that were reduces due to off season. On intraday trading for July delivery it touch a high of 40700 and low of 40515.
Natural gas trying to recover on electronic buying after a morning low trading, MCX natural gas are trading with a support of 215 with a resistance of 227. Some corrections are also experience on base metal in evening trading session.
Nickel support and resistance
S1: 821, S2: 817
R1: 847, R2: 852
Lead support and Resistance
S1: 122.50, S2: 121
R1:  127.80, R: 128.30

MCX tips

SELL CRUDE OIL JULY BELOW 6080 TGT 6070, 6050, 6030   STOPLOSS 6135
SELL GOLD AUGUST BELOW 26200 TGT 26150, 26050, 25900 STOPLOSS 26520
SELL SILVER JULY BELOW 40600 TGT 40500, 40400, 40200 STOPLOSS 41000

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Thursday, 27 June 2013

Today Indian share market top gainer & loser || Evening MCX tips for today|| live MCX prices

Correction in rupees while MCX commodity turn to bearish point, gold and silver looking to again its low on this quarter and expected to more fall in evening trade.  If we talk overall market MCX with red flag.  In morning trade a fluctuation in seen in top commodity but as day passes green shade turn to red color. Global US strong economic data forces Asian market in downside, meanwhile global crude oil prices and gold price playing in negative side.

Some correction are looking in base metal especially in nickel in domestic market, similar trend also might be energies.

MCX calls
SELL COPPER JUNE BELOW 405.50 TGT 405, 403, 400 SL 410.50
SELL NICKEL BELOW 826.50 TGT 826, 823,820    SL 832

GET MORE MCX & NCDEX TIPS BY FILL TRIAL FORM………..ALSO KNOW TOMORROW 

COMMODITY GOLD SILVER TREND


INDIAN SHARE MARKET TOP GAINER
T
0.02
0.03
+ 50.00
B
34.80
41.85
+ 20.26
B
5.75
6.91
+ 20.17
B
32.55
39.00
+ 19.82
B
2.10
2.47
+ 17.62

INDIAN SHARE MARKET TOP LOSER

B
217.00
149.95
-30.90
T
0.04
0.03
-25.00
B
102.60
82.45
-19.64
T
0.06
0.05
-16.67
B
8.66
7.49
-13.51






Tuesday, 4 June 2013

Evening hot MCX tips for today || live MCX price and 4 June live tips

In NCDEX market turmeric price are trading at bullish side and expected to move on for future delivery, turmeric for June delivery trading +64 point high against its last at 5652. Jeera price are trade with a mixed sluggish movement. Today it opens at 13170 for June delivery, on early Tuesday trade it show a negative trend and looking to trade today with a bearish in Domestic NCDEX market.
While at MCX bullion are trading in bearish side form morning , some positive reaction are seen  in yellow metal due to correction in dollar price  but it is not sufficient  to hold gold in green side. On intraday gold price touch a high of 27272 with a low of 27127 for June delivery. While MCX silver are looking to move on downside more on intraday trade for July delivery, today it open at 44206 with a high of 44319 and low of 44069.

In base metal a mixed reaction had seen in morning session, on Tuesday morning base metal are open in downside, today MCX nickel for June delivery open at 857.40. on intraday trade it touch a high of 870 with a low of 856.90. In evening trade nickel are looking to moves up with a small correction. Similar trend is following by MCX copper price in domestic market, today copper for June delivery touch a high of 419.80 and low of 415.55 after opening at 415.50.

Meanwhile lead and zinc are looking to follow a same bearish trend with small correction in evening trade. Lead and zinc are June deliveries are bounded in physical market due to diminish in its global price.

BUY LEAD JUNE ABOVE 125.50 TGT 125.80, 126.20, 127.50……………………SL 123.50

BUY COPPER JUNE ABOVE 419 TGT 420, 421, 422.50………SL 416

BUY MENTHA OIL JUNE ABOVE 950 TGT 955, 960, 970…………..SL 930

SELL SILVER JUNE BELOW 44000 TGT 43900, 43800, 43750---…………….SL 44590

BUY NICKEL ABOVE 864.50 TGT 866, 868, 870…………SL 856


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Tuesday, 29 January 2013

intraday base metal tips


On the MCX Base metal  showing  a average combination on the red and green , today nickel movement high in morning a  touch an intraday high of 935.40.the movement in base metal is not very high and expected to traded again low on MCX .

Sell  lead (31 Jan) below 126.80 tgt 126.50, 126………….sl 130

Buy nickel (31 jan) above 934.50 tgt 936,938, 945+++ …930

 Natural gas for Feb. contract continues falling from its opening position 186.10. On the MCX natural gas expected more red below.
.
Sell natural gas (25 Feb) 183.80 tgt 183.50, 183, 182……….sl 185

Sell cotton (31Jan) below 16330 tgt 16320, 16300…16290…….sl 16400

Mentha oil for January contracts loses its momentum on MCX intraday session and continues its falling from early morning.  Mentha oil expected more fallen in the Domestic market.

Sell Mentha oil below 1284.40 tgt 1283, 1282, 1280, 1275…..sl 1295

Sell silver below 58150 tgt 58100, 58050, 58000 ……..58300



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Wednesday, 23 January 2013

22/01/13 commodity movement on MCX


BASE METAL
Today market opens with equally red and green, base metal showing green positive trend on MCX. Nickel and copper on MCX showing good trend, copper for Feb contracts open slightly higher than its yesterday close. Copper on domestic market is expected to trade positive it touches an intraday high of 438.20 and low of 436.90. While nickel for Jan contract opens at 933.80 its previous close is 932.70. Nickel is expected to trade in the range of 945 to 924, on MCX. Lead, aluminum and zinc showing positive moment and expected to trade on equally red and green today.

Gold and silver
Today bullion open on red side, Indian government raise import duty tax on gold and platinum by 6% and 4% to reduce consumption of that commodity. This step is taken to reduce importation of gold and platinum. This causes and reduces demand in yellow metal. On MCX gold will going to high by 315 Rs on per 10 gram. Today on MCX gold is open at 30720 and touch an intraday high of 30766 and low of 30715. On MCX this week yellow metal is going to trade low, while white metal showing some hikes on intraday trading. Today silver open at slightly lower and it’s moving downside from its opening position.

Cotton and crude
Firstly crude oil for Feb contract open few point (5) low from its yesterday close at 5157. Today crude oil is showing volatility on his movement on MCX. Currently crude is traded at green side with 3 point high from its yesterday close at 10:48 am. Demand in crude is looking low today on MCX.  While cotton is working on the other side and showing red shade, it opens at 16270 and touches an intraday low of 16250.  

Mentha oil
On MCX mentha oil is performing well green today, mentha oil is open at 1310 with a positive high node and expected to trade on green side. It touches an intrday high of 1311 and low of 1304.30 form its last close.

Today calls:-

Sell cotton (31 Jan) below 16280 tgt 16260, 16230………..sl 16370

Buy mentha oil (31 Jan) above 1308  tgt 1310,  1315+++………sl 1285

Sell silver (5 mar) below 59360 tgt 59300, 59200………..sl 59550

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Monday, 21 January 2013

Monday commodity news


Bullion (gold and silver)
On the domestic market as Gold is expected to open in positive it open at 30599 forms its last close at 30581. On MCX Feb contract gold is expected to trade in the range of 30700-30300.Today US market is closed that will affect Asian market. Silver for March contract is looking positive today on MCX. On domestic market silver is expected to go near 60000 in today trading.

Copper  
Today’s copper open slightly lower to its previous close, it open at 438.50. Today euro group meeting may be affect base metal and EURO. On the Domestic market copper price is looking volatile and seems mostly on red side. Currently copper is traded at 438.55 at 10:34am. Copper have a good support level of 432 and a resistance of 442.

Crude oil
This week crude oil movement is looking volatile for Feb contract. Today morning crude is open at 5164; some positive turn is expected on Domestic market. Crude trend range bound between 5100 – 5200.

Cotton
Jan cotton on the MCX traded positive at 16400 up by 20 point from its last close. This week cotton price is moving slightly high as compare to its past weeks.

Today tips

Buy silver (5 march) above 59550 tgt 59600, 59700………..sl 59300

Buy gold (5FEB) above  30640 tgt 30700 ,30750…….sl 30465

Buy crude above 5170 tgt 5180, 5200……sl 5130

Sell cotton (31 Jan) below 16380 tgt 16370, 16350…………sl 16470

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Monday, 14 January 2013

Bearish Commodity Market Tips


After the morning good start base metal and bullion lost its position. From the starting of the day silver is looking is looking in a very constant position; no movement is looking on the white metal. From the yesterday closed silver goes 250+ points high and stop its movement like someone has grab the white metal, while the gold has lost its strong positive. Gold move towards downside and nearly to kiss the level of 30750, its fallen has been watched due to depreciation in dollar price. Dollar price is dropped by 0.29 point against Indian currency at 3:13pm.
Cotton for Jan contract lost its position from the year, and we saw a regular fallen in the cotton market. Cotton regularly drops 70 point in the Domestic market. Cotton is expected to fall more in the next trading session.
Crude oil price has fallen and its move towards the red side , movement in the crude oil is very volatile from year starting . Crude is expecting to trade in the range of 5100 to 5210 in this week.
Mentha oil and nickel is working on the red side today but it is expected some change on the next trading session. Nickel fall by -4 point to its last close at 3:20 pm. Mentha oil for Jan contract fall by -9 point from its previous close1402 at 3:22 pm.

Today calls:-

sell mentha oil (31 jan)  below 1393.80 tgt 1393, 1390…1385……sl 1410

sell nickel (31 Jan) below 958  tgt 957,  955…………sl 964

sell silver (5March) below 58380 tgt 58350,  58300…58250……..sl 58800

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14-01-13 MCX commodity updates


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Bullion (gold and silver)
Today commodity market is open in a positive side, bullion behave good moment in the fresh morning. Silver is looking in the very good position to trade, its last close 58199 and today its open in at 58300, 101 point high to its previous close.  In the early trade silver up and touch a day high at 58460.  Silver gain a lead of 206 point at 10:31 am, it is expected that silver go higher today. If we talking about gold it’s still working in the green side, but the moment is not very high.  Dollar price is not capable to hold their position against Indian currency. Movement in the FOREX is very volatile and it affects the gold and other metal price in the domestic market.

Base Metal
In the fresh morning base metal is watched at positive side , copper for February contracts move with a green flag and looking  positive today on the MCX. Copper is expected to go higher on the remaining time. While nickel is holding trying to touch a target of 1000 this year, at took a step against it.  Nickel up by 1.50 point at 10:48 am, from its last close at 962.30. Meanwhile other metal like zinc, lead, aluminium also move little today.

Crude oil
Global crude price has gained a positive momentum .on the NYMEX was trading at $ 94.58 and it gains a 0.63%. On the MCX crude for January contacts trading positive, its previous close is 5136 and today it’s open at 5140. Crude is expected to trade in the range of 5100- 5200 for today trading session.

Cotton
Cotton price is continuing its worst position day by day; cotton movement is regularly fallen on the Domestic market. Cotton down by 60 point at 11:00 am from its previous position at 16340. For January contract cotton is expected to trade low today on the MCX.

Today calls

Sell cotton (31 Jan) below 16280  tgt 16260,16240----……….sl  16350

Sell gold (5 feb) below 30790 tgt 30750,30700………………sl 30870

Sell crude oil  (21 Jan) below 5150 tgt 5140, 5130,5110………….sl 5200








Thursday, 10 January 2013

Afternoon commodity base metal tips


Bullion(gold and silver)

After the morning red sign MCX is comes to the other direction.  Bullion comes to the positive side after the morning red cover.  Today in the morning gold fallen by more than -100 point but now working in the good green side.  While the silver moving towards the positive side and expected a good sign in the left session. Movement in the yellow metal is volatile and expected to go lower.

Base metal

 Meanwhile the base metal is looking positive today, a good move is watching on the copper. Copper up by 3.55 point high and comes to 450.95 at 3:00pm and expected to go higher. Nickel Jan contract   move with a green flag on the domestic market.  Today nickel jump by 2.70 point On the MCX at 3:04 pm. Nickel have a strong resistance of 980, with a support level of 955.

Mentha  oil

 Mentha oil has fall by 28.10 at 3:09 pm, today its open at 1413.40. Mentha oil has lost its position form the yesterday closing. Demand in the Mentha oil has reduced this year.

Today buy calls

Buy silver (5 march ) above 58120  tgt 58150,58200, 58250…………..sl 57800

Buy nickel (31 Jan) above 965.50 tgt  966, 968, 970…………sl 955

Buy copper (28 Feb) above 450.60 tgt 451, 453………….447


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Wednesday, 9 January 2013

09-01-2013 gold silver updates and commodity tips


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Gold and silver
Today the commodity market is showing a red card form the starting of the day .In the morning session bullion is looking  towards the positive side  slightly higher  to it last close. But after some good move bullion lost its position and drop again in another side. If we talking about gold it’s lost its position due to depreciation in the dollar price against Indian Rupees, dollar drop by 0.20 point.  In the morning gold open at 30940 and its show a depreciation of 51 point at 2:25 pm. Similarly silver also showing a red flag from the morning, today silver open at 58350 silver lost its position by 120 point at 2:28 pm.

Base metal
  In the base metal all are looking tired today no one is ready to go in the positive side from the morning but there is movement is expected in the domestic market after the 3:00 pm. Today the movement Is expected in the nickel and aluminium where the lead and copper is trying to recover its position.

Cotton
Cotton for January contract is moving on the red side, this year cotton is looking much volatile as compare to its previous year.  Movement in the cotton is reduced due to the lower demand. Cotton is expected to trade low in the first quarter this year.

It is advice to trader to hold the position for future where as intraday trader sell their position from the current  price.

Today calls:-

Buy silver (5 march) above 58400 tgt  58500, 58600, ……..sl 58190

Buy copper (28 feb)  above 449 tgt 449.50 ,  450…………..sl 446.50

Buy crude oil (21 Jan) above 5120 tgt 5130,  5150…..sl 4990

Buy gold  (5 Feb) above 30950 tgt 30980, 31050, 31100……sl 30810



.

Tuesday, 8 January 2013

Bearish base metal movement


After the good start on the MCX base metal fall in the other direction. Meanwhile the movement in the bullion is still low, silver is continuing with the green flag. On the other hand the movement in the gold is not looking in the good condition. Crude oil lost it position and showing lots of up and down in the market. Indian government raises a import duty on gold by 2%. Due to this bullion is required a strong support level.
Today the movement in the commodity market is not strong. Rupees position also affects the movement of crude and gold on the Indian market. Mentha oil support a red sign for the Jan contract.

Today calls

Buy gold  tgt 30950, 31000…….sl 31500

Sell cotton tgt 16420, 16400…..sl 16500

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Saturday, 5 January 2013

05-01-13 commodity tips and updates


After the yesterday huge damage in  silver  today its open at 57701 and goes  497 rs high  from its last close at 57537 at 10:32 am. while the yellow metal is  also showing a green flag and its go 112 rs high from its previous close at 10:33 am .Its previous close is 30800. Dollar price support the gold level, with the positive  movement against Indian Rupees.base metal also trending positive in the market  copper and nickle trade low today.  Where as we are talking about the mentha oil is seem in good position today as compare to the yesterday trade. In this week cotton is the worst commodity  who shocked everyone this is the first  week in  the last two month where cotton show fully negative in the market. Meanwhile the movement in the crude oil  is very volatile from the starting of the year and we saw a lots of up and down in th crude oil . International market also showing the same position in the crude , in the Us market crude is affected by fiscal deflect and this is the  reason behind the Asian market low.
If we talking about the  whole week , movement in the bullion is showing  a strong positioning the starting of the week but on the Friday we saw a huge depreciation in the bullion especially in the silver. While the yellow metal is hold there position in the market and moving between the 30000-32000. Gold showing a good support and resistance this year and expected to  touch a target of 36000.   Going towards the base metal , copper and nickle showing a  good  move this week  while the lead , aluminum and  zinc moving positive with a low changes. Movement in the mentha oil and cotton and very unexpected in this week from the starting. Natural gas  showing a good movement its position is very stable in the market. This week natural gas is traded between 175 –190.

Today calls:-

Sell cotton(31 Jan) below 16410 tgt 16400, 16380…….sl 16450

Buy gold(5 feb) above 30900 tgt 30950, 31000………..sl 30800

Sell silver (5 march) below 57970 tgt 57900, 57850…..sl 58200


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Thursday, 3 January 2013

03-01-13 commodity tips


Financial minister P. Chidambaram has said the government is considering a step to reduce the import f gold. A huge import of gold deflects the current account. RBI making a scheme by which they provide a relaxation on gold.
On the MCX gold price is very volatile and the movement is not very satisfactory in the morning session.   Currently gold is trading in the positive direction up by a 57 point from its last trading at 2:30pm.
Meanwhile the movements in the silver give some relief on the early trade; yesterday silver crosses the point of 59000 marks.
Base metal is looking tired today, the market is showing a constant position. After the fiscal problem solved base metal is watched in the green side. Nickel movement is showing some change from the afternoon its goes 9 point high to its last close position.
Movement in menthe oil is showing red flag from the last traded session and helpless to recover from that position but is expected to go high in the next trading session.

Today MCX buy calls

Buy nickel (31 Jan) above 972.30 tgt 973, 975, 977.90………sl 965

Buy silver (5 march) above 59040 tgt 59100, 59200,……..sl 58800

MCX SELL CALL

Sell menthe oil (31 Jan) below 1428.70 tgt 1428, 1425…..sl 1440

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Thursday, 27 December 2012

Today crude oil updates and commodity tips

CRUDE OIL

Global crude oil price move  slightly higher on Wednesday trading.In the china oil demand has risen by 9.1% in the last month with an average of 10.5 mn barrels per day. On the Indian  MCX  crude oil  is tarding positive on the Thursday morning its last close 4983. Currently crude oil is in the strong position with a good volume. Today crude oil is trading between 5074-4891. Recently Crude is recover  from the middle east tension in the global market. The Asian market is in the very good position for trading in the crude , while the US market is also consolidate its positon in the crude, it is expected that  Us wil become the top supplier to the end of 2016 in the natural gas and oil.


Today sell calls :-

SELL SILVER MAR BELOW 57450 TARGETS 57385 , 57300 , 57200 STOPLOSS 57577

BUY JEERA MAR ABOVE 14950 TARGETS 14980 , 15010 , 15050 STOPLOSS 14890

Sell gold  below 30610 ..tgt 30560 ,  30500,    sl 30800

Today buy calls :-

Buy cotton DEC  above 16430 ..tgt 16440, 16450, 16470, sl 16980

Buy mentha oil above 1398 tgt 1400, 1420,1450,,  sl 1350

Buy crude oil  above 5000, tgt 5015, 5025,,5030 ,sl 4970

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Monday, 24 December 2012

MCX updates today


Today commodity is running with a red flag, the movement is not very straight for trading. On MCX crude oil for 21 January contract is going 33 point downward to its last close at 3:21 pm. Crude oil situation is very volatile in the market and is expected that crude will seen more red in this week. The global market is also not is the good position crude loss their position day by day. While the copper for 28 February is also showing up and down trend from the Monday morning.  On the MCX copper current price is 436.35 down by 1.70 point to its last close. Today’s cotton give a high shock to all the trader by going 120 point low on the starting of the week at 3:27 pm. Cotton price is now in the very stable position and  to go some more low point in the today trading session. Its current price is 16550 for 31 December contract. Meanwhile the bullion is also showing red and green today, white metal is moving with a positive green sign, currently the position of silver is very good for trade and the movement is expected on the further trading.
Today calls:-
SELL COPPER FEB BELOW 436.50 TARGETS 435.4 , 433.9 , 432.4 STOPLOSS 439.9.
Buy silver above 58177..tgt 58250…58300….58400………….sl …57700
Sell crude oil below 4892……4885….4870…………..sl ..4925

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