Thursday 11 April 2013

11/4/13 Evening Commodity Market News and Updates

GOLD SILVER 
From the morning time both the precious metals seems red. As the season of wedding is going on the yellow metal gold slipped by 111 points to Rs. 29119 and silver for may drop by 0.70%. 

NATURAL GAS, CRUDE AND MENTHA OIL 
The oil price is going higher. It was working in a high position. Crude oil is in bull phase with support and resisted by 5539 and 5116. For April 30 delivery Mentha oil jump by 17.90 point with 1465 high and low of 986.80.

NCDEX Sugar future price rose by 16 rupee at Rs. 2965 per quintal to trade higher with an open interest of 53160 lots.
 

From the early morning there is a lot of changes occur in the price of Turmeric as the time goes on and on it increases by 34 pt’s. 

EVENING WINNERS 
Mentha oil (+2.05%), Kapas (+0.73%), Crude oil (+0.36%), Brent Crude Oil (+0.12%) 

EVENING LOSERS 
Zinc (-0.99%), Natural gas (0.90%), Aluminium (-0.73%), Silver (-0.70%), Nickel (-0.67%) 

Nickel Status Sell 
Tgt 112.55|112.05 Sl 115 

Mentha oil Status Buy 
Tgt 1026.2|1033.2 Sl 1003 

Silver Status Sell 
Tgt 51443| 51433 Sl 51506

1 comment:

  1. • Bank of Baroda to raise additional Rs 9,000 crore (Rs 6,000 crore through equity capital and Rs 3,000 crore through tier 1 bonds)
    • Reliance Communications trips on loan servicing with over 10 domestic lenders: ET
    CapitalStars

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