Tuesday, 28 May 2013

Crude oil up, mcx base metal, ncdex sugar volatile, gainer and loser of today 28/5/13

A totally full opposite scene has been seen in the evening trade. The base metals which were fluctuating in morning are now stabilize and look green. The precious metal works in opposite side as of the base metals. 
For the delivery of may nickel surge 5.80 points at 824.40 against its previous close. Crude oil and cotton is continuously goes up, right now trading at 5311 and 18150. 

There is some volatility occurred in the sugar price. It is expected that the revenue of sugar companies may increase around four percent. For all terms and session it looks down. There is a slump in the price of the sugar for future contract. 

Gainers : Cotton (0.78%), Mentha oil (0.71%), Zinc (0.69%), lead (1.69%), Nickel (0.82%), Copper (0.92%), Aluminium (0.45%) 

Losers : Gold (0.69%), Silver (0.97%), Natural Gas (0.96%), Barley (1.61%), Chana (3.62%) 

Buy Nickel Target 826.3, 827.3, 827.8 Stop Loss 822.3 

Sell gold Target 26250, 26230, 26215 Stop Loss 26345 

Get Registered Now……..!!!!!!!!!


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