Friday, 31 May 2013

31st May evening commodity market tips, silver call, guar gum is down today

Today as the market started it just feel like the products may trade in positive direction in whole day but a little fluctuation has been occurred, the precious metals gold and silver both were trading at higher level in morning time but as the time passes away the gold maintain its position but silver directly jumped to the negative side from positive. 

Ncdex guar gum is strongly looking negative since morning trade. The commodity for June slips by 2.83 percent with a high of 24750 and low of 24220. Chilli has changed is position and currently showing buy trend. 

The strongest best metal coppers drop down by 0.95 points to Rs. 413.60 for the delivery of June month. In whole day it takes a high of 416.10 and low of 412.75. The other metals are going up. Cotton took a high jump and gain 110 points today of on 3:45 pm. 

Buy cotton target 18725 | 18735 | 18750 stop loss 18640 

Sell silver target 44169 | 44144 | 44129 stop loss 44282 

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  1. Today's Trading Tips
    BUY CHANA (DEC.) ABOVE 3075 TG-3085/3100/3125 SL-3050 (CMP-3068)
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  2. Despite yesterday's pull-back rally of 13 paise, the spot rupee started the day lower by 10 paise at 66.86 as against the US dollar, due to fresh demand in US currency.