Intraday Commodity update

The weakness in the domestic markets because in international market gold and silver is to get pressure. But gold as a currency is gaining gold being allocated a more important role in the coming new economic order. Silver BUY SILVER JULY ABOVE 54350 TARGETS 54415 , 54500 , 54600 STOPLOSS 54223

Crude Update: Although MCX crude oil is rise it trading at 4714. NYMEX crude oil strength about 1 per cent. Crude trading range for the day is 4644-4760. Crude move above could see prices testing 4760.


Base Metal: All base metal is consolidate trend, You may Buy Copper Target 422 stoploss 417

MCX Intraday Copper and Crude oil Trading Suggestion

Expert Suggestion for Copper: 

Our expects recommend copper to trade in the range bound of Rs 408 to about Rs 415 for the week Rs 408 should now be a strong support. Expert recommends traders to go buy copper target 415 - 416 with stop loss 405 intraday as well as 1 week positional. 

Crude Oil Update: 

NYMEX crude oil trading with decline about 1 percent and in domestic market crude oil down more than 1 percent. We suggest traders to go long on crude oil above 4605 with stoploss below Rs 4575 for a target price of Rs 4635. and sell position below Rs. 4585.

MCX Copper Glod Trading Tips

Gold Update: Gold prices may have fallen out of bed over the past four months. But gold as a currency is gaining gold being allocated a more important role in the coming new economic order.

Base metal Trading Tips:
Nickel Tips: MCX Nickel May contract has gained 0.85% at Rs 923.90 per 10 kg in Thursday evening. Nickel is consolidate trend you may buy Nickel above 925 and Sell below 919.
Copper Tips: Copper is continues down trend you may SELL copper current rate target 413

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 gols silver tips for the day 19 April

MCX Gold silver tips:
Gold is oscillators are in positive territory. Gold prices are expected to trade within a range from 28600 to 28400, You may sell Gold below 28453 levels and buy MCX Gold above 28550
Silver is consolidate Silver prices are expected to trade within a broad range from 56600 to 55300, one can buy on dips around 55800 with a stop loss below 55300.

Base metal update:
Lead: Lead is up trend expected to trade within the range from 104.50 to 107.50 you may buy it above 106.30.
Coppper: Copper prices are expected to up the tune of 421 -422 on higher end and lower supper is 411.

MCX Copper and crude oil tips for today.

Gold update:
Gold traded nearly flat after a successful Spanish debt auction eased fears about the euro zone debt crisis, If gold cross the first resistance levels 28555 than it next levels is 28700
SELL GOLD JUN BELOW 28540 TARGETS 28517 , 28492 , 28464 STOPLOSS 28583

Crude oil tips:
Crude trading at Rs.5382 it is trading up by 13 for the day, we expect prices to go up to levels of 5410. Oil traded near the highest close in two weeks after the International Monetary Fund boosted its growth outlook and a Spanish debt sale raised more than planned.

Copper tips
SELL COPPER APR BELOW 417 TARGETS 415.5 , 414 , 412.5 STOPLOSS 420

MCX Copper Updates 13 March 2012, Commodity Tips

Copper update 13 March 2012, MCX Tips, Copper Tips, MCX Copper Sure call Today, MCX Copper resistance, support, current trend, MCX Sure tips

 

MCX Copper is showing low trend in April, June and August contract. In domestic market has introduced positive in previous at Rs 421.35, while tomorrow it was closed up 1.5 percent with Rs 421. But Current view of it is trading down near to half percent in future contract.

Copper on the London metal exchange is also trading with decline trend today.

MCX Copper support and resistance: - MCX Copper is first support 417 and second is 415 and its Resistance 425 to 431.

MCX Copper Call Today:- Buy Silver with April Contract Above 419.

Targets- 420, 421.5

Stop loss- 416.5.