Friday, 20 April 2012
MCX and NCDEX tips for 20 April
Bullion tips:
MCX Gold rose as the dollar pared gains, boosting demand for
the precious metal as an alternative asset. You may buy gold around 28575-28600 and target is 28700-28775.
BUY SILVER MAY ABOVE 56600 TARGETS 56665 , 56750 , 56850 STOPLOSS 56473
NCDEX tips:
NATURAL GAS: Natural gas prices continue to slide after the market received a near-consensus storage injection for the week.
JEERA: Due to rising domestic demand. Jeera futures recovered on short covering.
CARDAMOM: Cardamom futures pared last few sessions gains due to strong arrivals in major spot markets.
MCX Gold rose as the dollar pared gains, boosting demand for
the precious metal as an alternative asset. You may buy gold around 28575-28600 and target is 28700-28775.
BUY SILVER MAY ABOVE 56600 TARGETS 56665 , 56750 , 56850 STOPLOSS 56473
NCDEX tips:
NATURAL GAS: Natural gas prices continue to slide after the market received a near-consensus storage injection for the week.
JEERA: Due to rising domestic demand. Jeera futures recovered on short covering.
CARDAMOM: Cardamom futures pared last few sessions gains due to strong arrivals in major spot markets.
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