MCX tips today : metal tips | MCX commodity updates and free commodity tips for today

On second day of week bullion fall in down track, today at MCX gold prices are declined by more than     -200 point after open at 26426 for June delivery. Similar trend also follows by Comex gold which is declined by -13.70 or 0.98% to $1378.10 at 2:36 pm. On intraday trade gold prices are expecting to trade bearish in evening session. In physical buying gold prices are declined by more than 15% in last one week and same trend are looking to be followed in this week.

MCX silver are also trading flat in negative side, today for July delivery it open at 43550 and from that position it continue falling and touched and low of 43016 ,more declined is looking due to falling in demand in domestic market.  In evening session gold and silver both are expected to trade low with small correction at MCX.

Brent crude gain 4 cent to $102.66 a barrel in global market while in domestic market it increase by more than +90 point at MCX. Today it open at 5226 and on intraday market it touch a high of 5310 with a low of 5223. Crude oil for June delivery expected to go high in evening session.

A good recovery had seen in base metal after opening at red side on early Tuesday. Today all base metals are open in down side but as day passes red color turn to green, MCX copper and nickel are showing a bullish trend domestic market.

FOR REGISTRATION FILL TRIAL FORM

Sell gold June below 26250 tgt 26200, 26150, 26050…………sl 26500

Sell silver July below 43200 tgt 43150, 43050, 42900……………sl 43600

Buy nickel above 824 tgt 826, 828, 830………..sl 815

Buy lead above 117.30 tgt 117.50, 118, 118.30…………sl 116.30

Buy copper above 409.50 tgt 410, 411, 412.50………..sl 406.50

  

MCX live tips| today gold,silver tips and Evening commodity updates for 24/05/13

After morning strong lead gold silver fell to continue on track, today it open at 26463. At MCX for future delivery it touches a high of 26537 with a low of 26272. Similarly on early trade gold rose 0.30% to $ 1394. Meanwhile white metal are also open in green side but open interest not supporting the trend and silver touch an  intraday  low of 43211. On Friday early morning silver shows some positive reaction and touch a high of 43665.

In evening bullion looks to bounce back with some correction in domestic commodity market. At Multi commodity exchange for future trade bullion might be work high in upcoming weeks.

Copper at Multi commodity exchange traded high on early hour but after touching a day high of 409.70 it falls in reverse direction and trading at negative side a touch a low of 406.40, today it open at 408.20.  Similarly today nickel for May delivery open at red side to 828.30, form morning it show a bearish trend. 

Today it touches a high of 830.40 with a low of 823.

Today MCX lead and zinc show choppy movement with positive reaction, lead for May delivery open in down side but continue a positive movement in intraday market. Global lead demands are increasing in Asian market, which favors domestic market and in upcoming month a good sell are supposing on domestic and global market.

Domestic crude are trying to recovery with a small correction, today it open at 5215 at same position where it close on yesterday.  Crude for June delivery touch an intraday high of 5250 at MCX. On evening session crude oil is expected to trade quite positive in the range of 5185 to 5289.

Today MCX calls

Sell silver below 43200 tgt 43100, 43100, 42900 ----……….sl 43800

Buy crude oil above 5230 tgt 5240, 5250, 5260………sl 5200

Buy lead above 113.90 tgt 114.20, 114.70, 115.50……………sl sl 111

Buy nickel above 826 tgt 828, 830, 835……………….sl 815

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