Thursday 25 April 2013

25 April evening market trend and levels || copper update || surge in gold silver price

On India’s ncdex sugar is going negative for May delivery. The contract is fall of 0.48% at Rs. 2920. Support for product is likely to be at 2880and resistance at 2970 level. In multi commodity exchange the 

Copper is working in a positive note and is expected to remain in the same position whole day. It may not move upward until it breaks the level of 385. 

In London price gold for immediate delivery is at $10. The demand for gold is surge in country as the wedding season is going on with this the second biggest gold buying festival after Dhanteras i.e. Akshya Tritya is coming.

The silver moved up by 617 points to Rs. 46509 per kg for May delivery. It takes a high of 43959 and low of 42895 with a volume of 19138. The rupee also climbed today against the US dollar. 


Gainers
Gold
Silver
Crude oil
Aluminum
Copper
Change (%)
1.19
1.49
0.38
0.44
0.86
Losers
Natural gas
Mentha oil
Cotton
Nickel
Kapas
Change (%)
0.04
2.52
1.52
0.36
1.25
   
Sell chana tg 3500 | 3490 | 3480 sl 3600 

Buy lead tg 110.75 | 111.25 | 111.55 sl 107.45

Sell menthe oil tg 950.5 | 945.5 | 940.5 sl 973.1 

Buy crude oil tg 4988 | 4994 | 5001 sl 4967

1 comment:

  1. GOLD (5 DEC.) TREND: CONSOLIDATE
    RES 1: 27150
    RES 2: 27300
    SUPP 1: 26800
    SUPP 2: 26600
    STRATEGY: SELL ON HIGH
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